Do Stock Buybacks Really Shrink Capital Spending?
Thanks to soaring corporate cash, capex has improved lately, but share repurchases still overshadow it.
Tag: Boeing
Asset Allocation
New York State Common Retirement Still Holds Boeing Stock, Despite Lawsuit
The fund, which just received a settlement as a result of the litigation, currently has $216 million invested in the aerospace company.
Asset Management Culture
University of Chicago CIO Mark Schmid to Retire in September
The endowment’s assets doubled under the CIO Lifetime Achievement Award winner’s guidance.
Research
Boeing Is Now a Conviction Buy, Says Goldman Sachs
Despite continued woes, the aerospace giant should do well in a post-virus world, when plane deliveries resume and the 737 Max is flying, the bank contends.
Risk
New York Comptroller and Colorado Pension Fund Named Lead Plaintiffs in Boeing Suit
The two collectively hold around $200 million in shares in Boeing, which they charge with ignoring safety issues around the 737 MAX for years.
Corporate Moves
At Least Boeing’s Stock Isn’t in Its Pension Plan Anymore
Controversial 2017 contribution of $3.5 billion in company shares to the retirement program apparently was divested, long before the current share-tanking mess.
Market Moves
Dogs of the Dow Get Bitten
Storied value play, usually a can’t-miss strategy, falls afoul of the recession and oil bust.
Market Moves
Bill Miller: Why Now Is a Great Time to Buy Value Stocks
The famed investor, who just bought Boeing stock, says beaten-down gems are on sale.
Crummy 2019 Earnings to Thunder Back This Year, Seers Say. Uh, Really?
Unexciting economic growth and the Chinese virus are among the ills that could ruin predictions of an electrifying rebound.
Market Moves
Airline Stocks Fly High Despite Boeing MAX Mess
Thriving economy and trade war pause aid carriers, despite loss of tainted plane.
Corporate Moves
Boeing Production Cut Will Pare Half-Point from GDP, Says JPM Economist
Loss of the troubled 737 MAX will lower US industrial output, Michael Feroli warns.
Regulation
Boeing Faces Slew of Class-Action Suits over 737 MAX Crashes
Shareholder lawsuits accuse plane maker of concealing safety problems.
Market Moves
Dow Soars Aloft on Boeing’s Wings: A Good Thing?
Venerable price-measured index benefits from good news for aerospace giant and its soaring stock.
Risk
Boeing Boosts Pension Fund by $3.5 Billion
Move is expected to eliminate mandatory pension funding through 2021.