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Stock impact report

Boeing's Big News Is Bigger News for These 3 Companies [Yahoo! Finance]

Hexcel Corporation (HXL) 
Last hexcel corporation earnings: 2/3 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Its commercial aerospace and defense businesses provide employment and a key end market for leading companies such as GE Aerospace (NYSE: GE) RTX (NYSE: RTX) , and smaller but no less crucial suppliers like Hexcel (NYSE: HXL) That's why its latest news is great news for those three suppliers and affirms that Boeing will receive the support necessary to stay a leading player in the aerospace market. Here's why. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » At the end of October, Boeing announced the pricing of a public offering of 112.5 million shares at $143 and $5 billion in depositary shares, helping to shore up its balance sheet by almost $21.1 billion. The equity raise diluted existing shareholders but aligns with management's commitment to maintaining an investment-grade debt rating. It's important not to underestimate the event's importance for the long-term case for buying the stock. It isn't just about muddl Show less Read more
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