BA - The Bcing Company

NYSE - Nasdaq Real Time Price. Currency in USD
379.39
-5.05 (-1.31%)
At close: 4:00PM EDT
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Previous Close384.44
Open384.11
Bid378.00 x 1300
Ask379.39 x 1300
Day's Range377.92 - 384.72
52 Week Range292.47 - 446.01
Volume4,262,348
Avg. Volume4,484,728
Market Cap213.487B
Beta (3Y Monthly)1.27
PE Ratio (TTM)43.50
EPS (TTM)8.72
Earnings DateOct 22, 2019 - Oct 28, 2019
Forward Dividend & Yield8.22 (2.14%)
Ex-Dividend Date2019-08-08
1y Target Est411.14
Trade prices are not sourced from all markets
  • Flying Back From a Thomas Cook Holiday? Good Luck
    Bloomberg

    Flying Back From a Thomas Cook Holiday? Good Luck

    (Bloomberg Opinion) -- Off for a bit of late summer sunshine? I hope you didn’t book with Thomas Cook Group Plc. The struggling British tour operator is in last-minute discussions with lenders to try to stave off a collapse because of a funding shortfall of 200 million pounds ($250 million).A company failure would be disastrous for half a million holidaymakers. Bondholders would suffer heavy losses too if Thomas Cook agrees to swap its debt for equity, as has been proposed. Administration might be even worse as debt-owners could get nothing. It’s less of a drama for equity investors. They’ll probably be wiped out either way.  The shares fell as much as 28% on Friday to a fresh low of 3.2 pence before recovering slightly.Repatriating Thomas Cook’s customers would be a massive logistical operation. It would be embarrassing for the company and the U.K. government as about 150,000 of those affected would be Brits.Royal Bank of Scotland Group Plc is one of the lenders demanding that Thomas Cook finds another 200 million pounds in backup financing facilities before they will take part in a proposed 900 million pound capital injection intended to safeguard the company’s future. That rescue deal is being led by China’s Fosun Tourism Group, Thomas Cook’s biggest shareholder.Unless a solution is found soon, we may be confronted by TV pictures of crying babies and angry pensioners, complaining about their struggles to get home from their late summer break. As such, the company will want to avoid a collapse at all costs. As well as its worried customers, Thomas Cook employs 21,000 people and has 560 U.K. shops. Its options are limited, though.Finding someone to fund the shortfall is one possibility. Yet Fosun, which has agreed to contribute half of that 900 million pounds of rescue funds in return for 75% ownership of Thomas Cook’s tour operator and 25% of its airline, might be reluctant to stump up more. Selling off assets is another potential way out for the British company, which can trace its history back to 1841. However, big disposals are unlikely given the agreement to transfer those stakes to Fosun.The best hope is persuading RBS and the other lenders to back down on their demands, enabling the financial rescue to go ahead. But that’s a long shot too. The banks have seen Thomas Cook’s funding requirement balloon this year as its trading weakened, and they want reassurance that it can make it through the less busy winter period.Fosun could conceivably pick up Thomas Cook’s tour operator on the cheap after a collapse. But the damage would be so great to the brand that there may not be much point by then. While another rival such as Germany’s Tui AG might cherry pick some assets, it would be one of the beneficiaries of Thomas Cook’s demise anyway.Tui has had its own problems after the grounding of its Boeing  737 Max fleet. But the company has its own hotel and cruise ship brands, leaving it in a stronger position than its troubled rival. With capacity coming out of the market in the event of the Thomas Cook’s collapse, it would be even better placed.  The same can’t be said for any customers left stranded if Thomas Cook can’t find the answer to its funding problems soon. To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • American City Business Journals

    Air Force general says Boeing on a ‘pass-fail’ grade with KC-46 tanker

    A number of critical issues, and hundreds of less serious ones, are expected to keep the KC-46 from seeing operational service for three to four years.

  • GE Rival Sees More Delays Fixing Boeing 787 Engine
    Investor's Business Daily

    GE Rival Sees More Delays Fixing Boeing 787 Engine

    Rolls-Royce needs more time to fix Trent 1000 jet engine problems, further holding up plans to get Boeing 787 Dreamliners off the ground.

  • The First Drone Of Its Kind For The Navy Marks Huge Milestone
    Investor's Business Daily

    The First Drone Of Its Kind For The Navy Marks Huge Milestone

    The Boeing MQ-25 Stingray, the first Navy drone for aerial-refueling, made its first flight on Thursday.

  • 6 Cheap Stocks With Low Price-Sales Ratios
    GuruFocus.com

    6 Cheap Stocks With Low Price-Sales Ratios

    Walt Disney tops the list Continue reading...

  • Analyst says staggered 737 MAX return might be easier for Boeing
    American City Business Journals

    Analyst says staggered 737 MAX return might be easier for Boeing

    Boeing could focus resources in one region and then apply the lessons learned as other regulators sign off on the jet's return.

  • MarketWatch

    Dow falls 100 points on losses in shares of Microsoft, Boeing

    DOW UPDATE The Dow Jones Industrial Average is declining Friday afternoon with shares of Microsoft and Boeing seeing the biggest drops for the price-weighted average. The Dow (DJIA) was most recently trading 103 points (0.

  • From Red Hat to Boeing: EDPNC's Chris Chung has been busy in 2019 (so far)
    American City Business Journals

    From Red Hat to Boeing: EDPNC's Chris Chung has been busy in 2019 (so far)

    From trips to Atlanta, D.C. and even Paris, France, Chris Chung, CEO of the state’s chief recruiting agency, the Economic Development Partnership of North Carolina, had a busy first half of 2019 – meeting with officials and executives from a slew of entities such as The Boeing Company, Martin Marietta Materials and Duke Energy.

  • MarketWatch

    Microsoft, Boeing share losses contribute to Dow's 25-point drop

    DOW UPDATE Shares of Microsoft and Boeing are trading lower Friday afternoon, dragging the Dow Jones Industrial Average into negative territory. Shares of Microsoft (MSFT) and Boeing (BA) have contributed to the index's intraday decline, as the Dow (DJIA) was most recently trading 27 points, or 0.

  • Stock Market News For Sep 20, 2019
    Zacks

    Stock Market News For Sep 20, 2019

    Benchmarks mostly closed in the green on Thursday on upbeat U.S. housing market as well as gains in Microsoft.

  • The Zacks Analyst Blog Highlights: Johnson & Johnson, Boeing, Broadcom, Anthem and Allstate
    Zacks

    The Zacks Analyst Blog Highlights: Johnson & Johnson, Boeing, Broadcom, Anthem and Allstate

    The Zacks Analyst Blog Highlights: Johnson & Johnson, Boeing, Broadcom, Anthem and Allstate

  • Boeing (BA) Wins $157M FMS Deal to Aid Saudi F-15 Program
    Zacks

    Boeing (BA) Wins $157M FMS Deal to Aid Saudi F-15 Program

    Boeing (BA) secures deal to provide the F-15SA Original Equipment Manufacturer Training Program to the Royal Saudi Air Force.

  • Aviation industry expects double-digit insurance premium hikes after 737 MAX grounding
    Reuters

    Aviation industry expects double-digit insurance premium hikes after 737 MAX grounding

    MONTREAL/NEW YORK (Reuters) - The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co's 737 MAX jets following two fatal crashes, insurance executives said this week. Aviation industry premiums have been creeping up since 2017 as companies renew their contracts, in the aftermath of costly plane and helicopter groundings, executives said on the sidelines of a Montreal conference on aviation and products liability.

  • Could Boeing Benefit from Airbus’s ‘Back’ Pain?
    Market Realist

    Could Boeing Benefit from Airbus’s ‘Back’ Pain?

    Some airlines have been forced to keep the back seats empty on Airbus’s (EASDY) A320neos due to a problem similar to Boeing (BA) 737 Max 8’s

  • Barrons.com

    Boeing Is Taking Some Heat. For Once, It’s Not About the MAX Jet.

    Boeing is considering going ahead with a new medium-size aircraft. Melius Research analyst Carter Copeland thinks the plane will lose money.

  • Reuters

    RPT-FAA waiting for more software details before 737 MAX can return to service

    Boeing Co still has a series of steps to complete before the 737 MAX can return to service, including submitting a pre-production version of a software update, Federal Aviation Administration chief Steve Dickson said. Dickson met with Boeing executives in Renton, Washington on Thursday and tested revised software in a simulator. The FAA has been reviewing proposed software and training changes from Boeing Co for months and it remains uncertain when Boeing will conduct a certification test flight, a step needed before its best-selling plane can fly again.

  • Need To Know: The Boeing Company (NYSE:BA) Insiders Have Been Selling Shares
    Simply Wall St.

    Need To Know: The Boeing Company (NYSE:BA) Insiders Have Been Selling Shares

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...

  • Financial Times

    Airlines look to arid Australia to store Boeing 737 Max planes

    Asia Pacific Aircraft Storage, founded by a former distressed debt analyst at Deutsche Bank, has clinched a deal with Singapore’s SilkAir to store and maintain six of its 737 Max jets at its desert facility near Alice Springs in Australia’s “Red Centre”.

  • FAA waiting for more software details before 737 MAX can return to service
    Reuters

    FAA waiting for more software details before 737 MAX can return to service

    Boeing Co still has a series of steps to complete before the 737 MAX can return to service, including submitting a pre-production version of a software update, Federal Aviation Administration chief Steve Dickson said. Dickson met with Boeing executives in Renton, Washington on Thursday and tested revised software in a simulator. The FAA has been reviewing proposed software and training changes from Boeing Co for months and it remains uncertain when Boeing will conduct a certification test flight, a step needed before its best-selling plane can fly again.

  • FAA chief meets Boeing officials, tests new 737 Max simulator
    MarketWatch

    FAA chief meets Boeing officials, tests new 737 Max simulator

    The nation’s top aviation regulator has tested new software for the Boeing 737 Max in a flight simulator and is tentatively giving a favorable review to the updates to a plane that remains grounded after two deadly crashes.

  • Ryanair CEO freezes 737 Max payments to Boeing
    American City Business Journals

    Ryanair CEO freezes 737 Max payments to Boeing

    Ryanair CEO Michael O'Leary has taken aim at Boeing over the jet maker's management of the 737 Max fallout. Now, he's ceased payments to Boeing.

  • Northrop Grumman Stock Tests Buy Point As Big Pentagon Deals Look To Pay Off
    Investor's Business Daily

    Northrop Grumman Stock Tests Buy Point As Big Pentagon Deals Look To Pay Off

    Northrop Grumman briefly entered buy range as the defense contractor has its hands in major Pentagon deals including the B-21 bomber and F-35 fighter.

  • Why Expendable Planes May Be Key To Countering China In The Pacific
    Investor's Business Daily

    Why Expendable Planes May Be Key To Countering China In The Pacific

    The wide expanse of the Pacific theater makes keeping planes in the air trickier, but a lower-cost Air Force plane could be the answer.

  • Top Stock Reports for Johnson & Johnson, Boeing & Broadcom
    Zacks

    Top Stock Reports for Johnson & Johnson, Boeing & Broadcom

    Top Stock Reports for Johnson & Johnson, Boeing & Broadcom