Fitch downgrades Boeing's outlook to 'negative' on production, cashflow challenges

Yahoo Finance— Fitch Ratings downgraded outlook on Boeing to "negative" from "stable" on Friday, amid a fallout from safety crisis impacting the U.S. planemaker's production and cashflow. The ratings agency, which reaffirmed its "BBB-" long-term issuer default rating, said it could stabilize the outlook if Boeing liquidates over 100 of its pre-2023 built 737 MAX and half of its 787 inventories by early 2025, along with increasing production of its MAX jets towards 38 per month. Fitch's downgrade follows...

Bloomberg.com—Nigeria’s Debt Rating Outlook to Positive by Fitch Amid Reforms. Nigeria’s credit rating outlook was lifted by Fitch Ratings to positive from stable, six months after it said that reform progress since President Bola Tinubu came to power in May of last year was faster than it anticipated.

KFDI—JJ’s That’s Trending: Boeing, Bee Keeper, Brady and More.       1. Boeing will attempt the first crewed test flight of its Starliner spacecraft tonight, a major milestone in the company’s effort to shuttle astronauts to the International Space Station. The reusable capsule will carry

LASVEGASNOW—What’s Cool At School? – The Library District’s “Summer Challenge”. LAS VEGAS ( KLAS ) - With less than a month of classes left in the school year, the Las Vegas Clark County Library District has all kinds of ways to keep the reading and the fun going strong. The District calls their “Summer Challenge” a reading and activities program for kids, teens, and adults! []