-
Boeing Analysts See Silver Lining As Troubled Plane Maker 'Shores Up' Balance Sheet With $25B In Financing
Tuesday, October 15, 2024 - 1:37pm | 721Analysts regard Boeing Co.’s (NYSE:BA) plans to raise as much as $25 billion through a mixed offering of common stock as a “positive.” What Happened: Alongside this capital raise, the aerospace manufacturer has secured a $10 billion credit agreement with a consortium of leading...
-
Disneyland Strike Nears: 14,000+ Workers Set To Target California Theme Park In First Walkout In 40 Years
Monday, July 22, 2024 - 2:46pm | 756One of the world’s largest media and theme park companies could face significant challenges due to a potential strike, just a year after a Hollywood strike affected the company. What Happened: Media giant The Walt Disney Company (NYSE:DIS) is seeing its movie segment gain momentum with the...
-
Bill Ford's Plea To End UAW Strike, Analysts See Near-Term Buying Opportunity On US Automaker Stocks
Monday, October 16, 2023 - 5:01pm | 711Bill Ford, the executive chair of Ford Motor Co (NYSE:F), warned Monday the potential impact of the continuing strike threatens not only Ford’s future but also that of the wider American automotive industry. During a press conference at the company’s Rouge Complex in Detroit, Ford, who...
-
Double Whammy: How Detroit Casino Shutdown Could Hurt Gaming Stocks, State Of Michigan
Monday, October 2, 2023 - 4:54pm | 907With a United Auto Workers strike already throwing the Big Three Detroit automakers into disarray, Detroit is facing a second potential strike from another sector that represents a major revenue stream for the Motor City. Detroit Casino Workers Authorize Strike: Workers at the three...
-
GM President Counters UAW's 'Flow Of Misinformation,' Refutes 'Poverty Wages' Allegations
Wednesday, September 20, 2023 - 4:19pm | 672Negotiations between the Detroit Big Three automakers and the United Auto Workers union remain at an impasse, with a missed contract deadline leading to strikes against the auto companies. Here’s the latest from General Motors Company (NYSE: GM). What Happened: The UAW is asking for...
-
Tesla Already Dominates US EV Sector: What Could UAW Strike Mean For Competition, Market Share?
Wednesday, September 13, 2023 - 2:55pm | 854Factory workers at three U.S. automakers could strike as early as this week if a deal is not reached with the United Auto Workers union. The strike could lead to lower profits for automotive companies, higher auto prices for consumers and more market share gains for electric vehicle leader Tesla...
-
UAW Strike Could Be Coming: Who Gets The Most Blame From US Adults — Ford, GM, Stellantis, The Union Or Joe Biden?
Wednesday, September 13, 2023 - 1:36pm | 827A strike by the United Auto Workers (UAW) union could happen later this week if a deal is not reached by a Sept. 15 deadline. Here’s a look at the latest on the potential strike and how Americans feel about it and who the blame should be placed on. What Happened: The UAW union is...
-
Chevron's LNG Strikes Disrupt 7% Of Global Supply: 5 Stocks To Watch As Natural Gas Prices Surge
Friday, September 8, 2023 - 11:02am | 676Natural gas markets are in turmoil as strikes hit two Australian Liquefied Natural Gas (LNG) export facilities. Chevron Corp. (NYSE:CVX)’s inability to secure agreements with unions has unleashed a series of disruptions across key facilities, including the Gorgon and Wheatstone plants and...
-
Have To 'Make Over $100,000 To Afford A New Car' - Former Ford CEO Says, While Talking Tesla's Price Cuts, Demand Issues
Friday, September 1, 2023 - 5:32pm | 587A former Ford Motor Company (NYSE: F) CEO is speaking out on the rising costs of vehicles, weakened demand and how a union strike could impact automotive companies moving forward. What Happened: Leading electric vehicle company Tesla Inc (NASDAQ: TSLA) recently announced price cuts to its...