- Reuters
Airbus may end up owning some Spirit Aero assets in Scotland, Malaysia
Airbus may end up owning some assets of Spirit AeroSystems in Scotland and Malaysia if the transatlantic supplier is unable to find a buyer for them, a filing from the aerostructures company showed on Monday. Spirit said on Monday it planned to sell operations in Prestwick, Scotland and in Subang, Malaysia that support Airbus programs and those in Belfast that do not support the programs. However, Spirit's term sheet with Airbus - named "Project Sparrow" - leaves the door open for the planemaker to own parts of two plants that were not a part of the deal announced on Monday.
- Barrons.com
These Stocks Are Moving the Most Today: Chewy, GameStop, Boeing, Spirit Aero, Tesla, NIO, DJT, Cassava, and More
Investor Keith Gill reports a 6.6% stake in Chewy, Boeing reaches an agreement to acquire Spirit AeroSystems, reports say Boeing will be asked by prosecutors to plead guilty to charges related to two 737 MAX crashes, and Tesla’s second-quarter deliveries report is expected this week.
- Bloomberg
Boeing Fraud Charge, Spirit Deal Lay Bare Scope of Crisis
(Bloomberg) -- Six months after a fuselage blowout threw Boeing Co. into crisis, the full weight of the legal and financial fallout from the near-catastrophic accident is bearing down on the embattled US planemaker. Most Read from Bloomberg24-Hour Stock Trading Is Booming – and Wall Street Is RattledBlackRock Buys Preqin for $3.2 Billion in Private Data PushTrump as President or Private Citizen: Why Supreme Court’s Immunity Ruling Is a TestFrance’s Market Rally Falters as Investors See Enduring
