Page 8 - Ken Herbert News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Leidos Holdings, Inc. beats earnings expectations. Reported EPS is $1.99, expectations were $1.73. Leidos Holdings, Inc.

In a research note published by Ken Herbert, RBC advises its customers to buy the stock. The target price continues to be set at USD 260.

Boeing Co.executives have spent the past month grappling with the aftermath of a near-catastrophe on an airborne 737 Max jet. As the US planemaker works through its latest crisis tied to manufacturing lapses, a new risk looms: a labor rift 10 years in the making.

Boeing is facing potential labor unrest as its largest union, the International Association of Machinists and Aerospace Workers, seeks a 40% pay raise over three or four years. The union, still aggrieved over a 2014 deal, has the upper hand due to a resurgent US labor movement and a scarcity of qualified aerospace workers. A strike could disrupt Boeing's plants in Washington and Oregon, impacting production of its 737 jets. Analysts suggest the current environment favors the union's demands, potentially risking a prolonged work stoppage and affecting Boeing's financial outlook.

In a research note published by Ken Herbert, RBC advises its customers to buy the stock. The target price remains unchanged at USD 285.