Reported 6 days ago
Boeing is contemplating a plan to raise at least $10 billion by selling new stock as it faces financial pressures worsened by an ongoing strike affecting operations. The company is working with advisers on this potential move, which could occur in about a month if the strike is resolved. Analysts warn that an extended walkout could significantly impact Boeing's financial health and credit rating, adding urgency to its need for cash.
Source: YAHOO