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Boeing and JNJ having proxy meetings...

Posted on 3/18/20 at 9:19 am
Posted by NPComb
Member since Jan 2019
27261 posts
Posted on 3/18/20 at 9:19 am
Look for dividends cuts and possibly more layoffs. Unfortunately, it may be the start of others but it's not unexpected.
Posted by Sluuuu
Boston
Member since Sep 2018
355 posts
Posted on 3/18/20 at 9:28 am to
Boeing’s dividend is going to zero. I don’t know what JNJ could be pondering here. They are one of those companies with an AAA balance sheet, let’s hope layoffs are limited. This could get ugly quickly
Posted by greenwave
Member since Oct 2011
3878 posts
Posted on 3/18/20 at 9:40 am to
I know a few Boeing employees, they have been told it is coming. Fortunately most are on the SLS side with Govt $
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 3/18/20 at 12:50 pm to
Boeing is going to go bankrupt. Ch 11. Common stock to zero. Max program cancelled.

It is down 25% just today.
This post was edited on 3/18/20 at 12:51 pm
Posted by ynlvr
Rocket City
Member since Feb 2009
4583 posts
Posted on 3/18/20 at 1:02 pm to
I think you are correct. And I am holding BA into the fire. Too late to bail now that I held through all the signs.
This post was edited on 3/18/20 at 1:03 pm
Posted by Grits N Shrimp
Kansas City, MO
Member since Dec 2014
646 posts
Posted on 3/18/20 at 1:28 pm to
JNJ is not cutting its dividend
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