Boeing Suppliers Woodward and Hexcel Cancel Plan to Merge [TheStreet.com]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: TheStreet.com
Boeing(BAGet ReportWWDHXLThe companies, which make and supply aircraft parts, in January hadagreed to combineWoodward shares at last check were up 7.9% to $55.29, while Hexcel was off 2.6% to $30.77. Boeing was up 9.5% to $136.29.Tom Gendron, chairman, president and chief executive of Woodward, and Nick Stanage, Hexcel's chairman, president and CEO, said in a joint statement that "although we are disappointed with this outcome, we are confident this is the right decision for our customers, our shareholders, and our employees."Woodward, the Fort Collins, Colo., producer of control systems and parts, said it would freeze hiring; cut and furlough staff; freeze wages companywide; cut company officers’ salaries and directors’ base retainers through 2020; and eliminate annual bonus payments.Woodward also withdrew its full-year 2020 guidance and reduced its quarterly dividend to 8.125 cents a share.In addition, Woodward said that Gendron, 59, who had said he would retire a year after the mer
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website