Spirit AeroSystems Hldgs 株価情報 (NYSE: SPR)

最新ニュース Spirit AeroSystems Hldgs (NYSE:SPR) 株価情報

Spirit AeroSystems Hldgs

Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's beleaguered 737 program, which accounts for nearly half the company's revenue.

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Boeing Co. (NYSE:BA)は、株主によって資金提供される合意に基づき、供給業者の株式を1株約35ドルで売却することを提案している。出来事：月曜日に発表された株式の1株あたりの価値を基にすると、この買収提案はSpiritの株価に6%のプレミアを意味し、Boeingの以前のオールキャッシュオファーからの転換となることをBloombergが報告している。資金提供の変更は、2社の間で数ヶ月にわたり行われた交渉の末に行われたものだ。

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Spirit Aero Has Increased Fuselage Production From A Rate Of 21 A Month To 31 A Month, According To A Source Familiar With The Matter; Spirit Aero Spokesperson Joe Buccino Said The Company "Remains Committed To Meeting Our Customer's Production Targets."

Boeing's Mounir Says Co. Minimizing Supplier Work Transfers To Improve Quality; Supply Chain Exec Says Work Transfers Among Suppliers Are Leading Cause Of Quality Defects; Exec Says Spirit AeroSystems Quality Has Significantly Improved, Has Substantial Inventory Of 737 Fuselages Ready To Ship To Boeing Plant

Spirit AeroSystems Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>) today announced that, at the special meeting of its shareholders held earlier today, its shareholders voted to approve the proposed acquisition of Spirit AeroSystems by The Boeing Company. The transaction, <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4352793-1&amp;h=764042815&amp;u=https%3A%2F%2Fwww.spiritaero.com%2Fpages%2Frelease%2Fspirit-aerosystems-announces-acquisition-by-boeing-in-8.3-billion-transaction%2F&amp;a=announced+last+summer">announced last summer</a>, is expected to close in mid-2025, subject to closing conditions including the receipt of regulatory approvals.

Spirit AeroSystems Shareholders Approve Acquisition By Boeing; Expected To Close In Mid-2025

Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) shares are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading lower on Wednesday</a>.
Yesterday, the company reported fourth-quarter earnings results, with an adjusted operating loss of $4.042 billion, compared to an adjusted <a target="_blank" href="https://www.benzinga.com//node/43266372" rel="noreferrer noopener">operating earnings of $90 million a year ago. </a>Adjusted loss per share grew to $5.90 from $0.47 in the same quarter of 2023, missing the consensus of a $2.44 loss.
Here are the key<a target="_blank" href="https://www.benzinga.com/quote/BA/analyst-ratings" rel="noreferrer noopener"> analysts take on the stock:</a>
<ul>
<li>Goldman Sachs analyst Noah Poponak reiterated the Buy rating on the stock, raising the price forecast to $213 from $200.</li>
<li>BofA Securities analyst Ronald J. Epstein reiterated the Neutral rating on the stock, raising the price forecast to $185 from $170.</li>
<li>RBC Capital Markets analyst Ken Herbert reiterated the Outperform rating on the stock with a price forecast of $200.</li>
</ul>
Goldman Sachs: Poponak notes that while defense results posed challenges this quarter and remain a medium-term risk, Boeing has the potential to reach industry-average margins over time.
Per Poponak, Boeing can outperform in 2025 as supply improvements continue, with strong demand remaining.
The analyst highlights Boeing&#8217;s potential to reach or exceed 38 737-MAX units per month by late 2025, thanks to progress with Spirit Aerosystems Holdings, Inc., suppliers catching up after labor negotiations, and an agreement with the FAA for rate increases.
The 787 program is also back on track at 5 units per month, with plans to increase to 7 per month, driven by improvements in the supply chain and component availability.
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BofA Securities: Per Epstein, Boeing missed estimates due to the IAM work stoppage, defense charges, and workforce reduction costs. However, with 737 production increasing and deliveries rising, the company is showing early signs of recovery.
Based on improved market conditions, the analyst raises the price target to $185 from $170 but keeps EPS and free cash flow estimates unchanged.
Despite the positive outlook, the analyst maintains a Neutral rating, cautioning that the recovery in operations and engineering might take longer than expected.
RBC Capital Markets: Herbert highlights that CEO Kelly Ortberg has focused on improving defense results, and successful delivery in this area could boost Boeing.
The analyst notes risks in the expected production increases for the 737 and 787 programs.
However, a strong inventory liquidation in the first quarter of 2025 should provide a positive short-term sentiment.
Price Action: BA shares are trading lower by 2.69% to $173.00 at last check Wednesday.
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Image via Shutterstock.

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Analyst Ratings

Movers

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General

Boeing's Q4 Big Miss: Earnings Plunge, But Analysts See Potential For 2025 Rebound

Guidance

Spirit Aerosystems Says Under Base Plan, Sees Net Revenue Of $8.56B In 2025, $9.55B In 2026, $10.02B In 2027 & 2028

Legal

Spirit Faces Multiple Lawsuits Alleging Omission of Material Information in Merger Proxy; Actions Filed Across New York, Kansas, and Delaware Courts Seeking Injunctive Relief; Spirit Supplements Disclosures to Moot Claims, Denies Allegations

Today, Spirit&nbsp;AeroSystems Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>) ("Spirit," "Spirit AeroSystems" or the "Company") announced the sale of Fiber Materials Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island, to <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4337932-1&amp;h=16925668&amp;u=https%3A%2F%2Ftextechindustries.com%2Fpress-release%2F&amp;a=Tex+Tech+Industries%2C+Inc">Tex Tech Industries, Inc</a>. ("Tex-Tech") for $165 million in cash.

Asset Sales

Spirit Announces Sale Of Fiber MaterialsTo Tex Tech Industries For $165M In Cash

Spirit AeroSystems Enters Purchase Agreement To Sell Fiber Materials Business Based In Biddeford, Maine, And Woonsocket, Rhode Island, To Tex-Tech For $165M In Cash

European Aeronautic Defence And Space Unsponsored

EADSY

Airbus Close To Agreement As Early As Today With Spirit Aerosystems On Fresh Funding And Revised Payment Terms

Spirit Aerosystems Says Company, Boeing Entered Into An Advance Payments Agreement; Boeing To Pay Spirit Aerosystems Up To $350M; To Use Advances For Boeing Product Readiness

Reuters Reported Boeing Close To Funding Agreement To Help Supplier Spirit Aerosystems That Could Be Announced In Next Few Days; Spirit Weighing Sale Of Defense Composites Supplier FMI

The U.S. Justice Department's Antitrust Division and the Department of Transportation announced on Thursday they have opened a broad public inquiry into the state of competition in air travel on topics including previous airline mergers, aircraft manufacturing, airline ticket sales, <a href="https://www.benzinga.com/government/24/09/40745931/delta-southwest-and-other-airlines-in-hot-waters-with-us-transportation-department-for-unfair-reward">pricing and rewards practices</a>.
The Details: The agencies <a href="https://www.justice.gov/opa/pr/justice-department-and-department-transportation-launch-broad-public-inquiry-state">have issued</a> a Request for Information (RFI) and seek the public's input on anticompetitive conduct, consolidation and issues affecting the availability and affordability of air travel options.&nbsp;
"Competition in air travel is a vehicle for better quality, better fares and better choices for Americans," said Assistant Attorney General Jonathan Kanter of the Justice Department's Antitrust Division.
"With this inquiry, we hope to learn more from the businesses and travelers at the center of this essential industry. Their feedback will ensure the Justice Department can continue to build on its historic efforts to protect competition in air travel," Kanter added.&nbsp;
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The U.S. Travel Association reacted to the DOJ's public inquiry into competition in air travel, which it sees as politically motivated.&nbsp;
"Today's announcement by the Departments of Transportation and Justice that they will launch ‘broad inquiries' into airline business practices is another in a long line of disappointing political stunts," the U.S. Travel Association said <a href="https://www.ustravel.org/press/us-travel-reacts-doj-dot-inquiry-air-travel-competition">in a statement</a>.
DOJ Cracks Down: Under the Biden administration, the DOJ has cracked down on industry consolidation and mergers and successfully blocked <a href="https://www.benzinga.com/news/24/03/37455281/jetblue-spirit-airlines-shares-are-moving-monday-whats-going-on">the merger</a> of JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) and Spirit Airlines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NASDAQ">SAVE</a>) earlier this year.  
Spirit Airlines continues to face financial trouble and a potential bankruptcy after the deal with JetBlue fell through. Earlier this week, it was reported the<a href="https://www.benzinga.com/m-a/24/10/41496171/whats-going-on-with-spirit-airlines-stock-wednesday"> airline had resumed</a> preliminary merger discussions with Frontier Group Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>). The potential merger of the two airlines would likely coincide with Spirit's restructuring of its debt and other liabilities in bankruptcy and could be affected by actions resulting from the DOJ's latest inquiry. 
Last month, the DOT launched an inquiry into whether the loyalty programs of the four largest U.S. airlines have engaged in unfair, deceptive or noncompetitive practices. Transportation Secretary Pete Buttigieg sent a letter to American Airlines, Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), United Airlines and Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) requesting records and reports related to the airlines&#8217; loyalty programs, practices and policies.
Federal agencies did allow a merger between Hawaiian Holdings, Inc. and Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) <a href="https://www.benzinga.com/government/24/08/40455513/alaska-airlines-hawaiian-airlines-1-9b-merger-gets-doj-green-light-awaits-transportation-department">to be completed</a> in September. However, the DOT required the companies to agree to a set of consumer protections before giving the deal the green light. 
Why It Matters: Other companies in the airline industry may be affected by the joint inquiry announced Thursday, including planemaker Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and parts supplier Spirit Aerosystems Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>). Investors can monitor the effects on the industry through airline-focused ETFs, including the U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) and the iShares Trust iShares U.S. Transportation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>). 
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Image: Courtesy of&nbsp;United Airlines Holdings, Inc.

Travel

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JBLU

JETS

SAVE

ULCC

DOJ, DOT Open Inquiry Into Airline Competition Amid Rising Concerns

<a href="https://www.cnbc.com/2024/10/24/spirit-aerosystems-weighs-more-furloughs-layoffs.html">https://www.cnbc.com/2024/10/24/spirit-aerosystems-weighs-more-furloughs-layoffs.html</a>
<ul>
<li>Spirit AeroSystems is weighing furloughs or layoffs of hundreds more employees if the Boeing machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC on Thursday.</li>
<li>More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.</li>
<li>Spirit, which makes fuselages for Boeing's best-selling 737 Max as well as other major parts, had already been preparing to temporarily furlough about 700 workers in its Wichita, Kansas, facilities.</li>
<li>Those furloughs could begin next week.</li>
</ul>
<a href="https://www.cnbc.com/quotes/SPR/">Spirit AeroSystems</a> is weighing furloughs or layoffs of hundreds more employees if the <a href="https://www.cnbc.com/quotes/BA/">Boeing</a> machinists' strike stretches beyond Nov. 25, a company spokesman told CNBC on Thursday.
Boeing's machinists, whose strike is about to enter its sixth week, <a href="https://www.cnbc.com/2024/10/24/boeing-machinists-new-labor-contract-strike.html">voted 64% against a newly proposed labor contract</a> on Wednesday, extending the work stoppage that has halted production of most of Boeing's aircraft, which is centered in the Seattle area.
&nbsp;
Spirit, which makes fuselages for Boeing's best-selling 737 Max as well as other major parts, had already been preparing to temporarily furlough about 700 workers in its Wichita, Kansas, facilities. Those 21-day furloughs could begin next week.
Further reductions would be in addition to those furloughs, but no decision has been made, said Spirit spokesman Joe Buccino.
Spirit's consideration of additional furloughs demonstrates how the lengthy strike is weighing on an already-fragile aerospace supply chain. Boeing suppliers have largely hesitated to cut staff in part because they had spent years rebuilding their workforces in the wake of the Covid-19 pandemic. Airbus is also facing similar supply chain pressure.
More than 32,000 Boeing machinists in the Puget Sound area, Oregon and other locations <a href="https://www.cnbc.com/2024/09/21/boeing-strike-machinists-prepare-for-lengthy-stoppage.html">walked off the job</a> on Sept. 13 after turning down an earlier tentative agreement.
Boeing is in the process of acquiring Spirit, a deal it expects to close next year. Spirit has been burning through cash and, on Wednesday, reported a third-quarter net loss of $477 million, more than double a year earlier.
Boeing's new CEO Kelly Ortberg has said <a href="https://www.cnbc.com/2024/10/24/boeing-machinists-new-labor-contract-strike.html">getting a deal with its Seattle-area machinists</a> and ending the strike is a top priority, and the workers' union has said it is eager to get back to the negotiating table.

Management

'Spirit AeroSystems Weighs Hundreds More Furloughs Or Layoffs If Boeing Strike Goes Beyond Nov. 25' - CNBC

Spirit AeroSystems Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>) reported quarterly losses of $(3.03) per share which missed the analyst consensus estimate of $(0.37) by 718.92 percent. This is a 113.38 percent decrease over losses of $(1.42) per share from the same period last year. The company reported quarterly sales of $1.471 billion which missed the analyst consensus estimate of $1.697 billion by 13.30 percent. This is a 2.22 percent increase over sales of $1.439 billion the same period last year.

Earnings

Earnings Misses

Spirit AeroSystems Q3 2024 Adj. EPS $(3.03) Misses $(0.37) Estimate, Sales $1.471B Miss $1.697B Estimate

<a href="https://investors.boeing.com/investors/events-presentations/" title="https://investors.boeing.com/investors/events-presentations/">https://investors.boeing.com/investors/events-presentations/</a>

Boeing CFO Says Expect To Burn Cash In Q4 And In 2025

As the Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) strike drags on, Spirit Aerosystems Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>) faces tough choices ahead,<a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/n41402821/spirit-aerosystems-announces-furloughs" rel="noreferrer noopener"> including the looming threat of layoffs and extended furloughs.</a>
On Friday, Spirit Aerosystems announced employee furloughs in response to the ongoing strike by Boeing workers represented by the International Association of Machinists and Aerospace Workers, which began on September 13.
Effective October 28, Spirit will implement a 21-day furlough for approximately 700 employees involved in the 767 and 777 programs. These furloughs are part of a broader cost-saving strategy that includes a hiring freeze and restrictions on travel and overtime.
The company has established a considerable inventory buffer for the 767 and 777 programs but lacks the capacity for additional storage.
If the strike persists beyond November, financial pressures will necessitate further cost-saving measures, which may include layoffs and additional furloughs.
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&#8220;This difficult step was necessary given our limited storage capacity for 767 and 777 units,&#8221; said&nbsp;Pat Shanahan, CEO of Spirit AeroSystems. &#8220;We recognize the impact this has on our valued teammates and their families, and we are committed to supporting them through this period.&#8221;
Despite these difficulties, Spirit is committed to upholding the highest quality and safety standards and will continue to fulfill its obligations to customers, regulators, and the aerospace industry.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, SPR stock has gained over 51% in the past year. Investors can gain exposure to the stock via&nbsp;Gabelli Commercial Aerospace and Defense ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GCAD#NYSE">GCAD</a>).
Price Action: SPR shares are trading lower by 0.65% to $32.00 at last check Friday.
Photo via Shutterstock
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GCAD

Spirit AeroSystems Plans Employee Furloughs Amid Ongoing Boeing Strike, Faces Layoff Risk

Spirit Aerosystems To Introduce 21-Day Furloughs For 700 Workers On 767 And 777 Programs Starting Oct 28 Due To Boeing Strike, Co. To Enact Layoffs And Additional Furloughs If Boeing Strike Continues Beyond November

U.S. stock futures are headed lower on Monday after the jobs data-induced strength seen in the final session of last week. The mood has been rendered cautious as traders await a few key first-tier economic data and the minutes of the <a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40926026/federal-reserve-delivers-bold-0-5-rate-cut-signals-further-easing-ahead">Federal Reserve&#8217;s September rate-setting meeting.</a>
The imminent third-quarter reporting season could force traders to stay on the sidelines as corporate profit growth has been a major driving factor for the market amid economic uncertainties. JP Morgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) kickstarts the big bank reporting season this Friday.
The Middle East tensions that have sent oil on the boil could also be a spot a bother for traders even as they look ahead to soft-landing, facilitated by the Fed&#8217;s rate cuts.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.66%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.53%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.44%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.74%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Monday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) slipped 0.57% to $569.72 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) moved 0.69% lower to $483.97, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Week:
U.S. stocks kept the winning streak going, as the major indices rose for a fourth straight week but the gains were much more modest and came amid volatility. The 30-stock Dow Jones Industrial Average finished at a fresh record. Small-cap stocks, however, posted a moderate decline for the week.
Stocks started the week higher amid caution but pulled back on Tuesday, dragged by geopolitical tensions, worries concerning the dockworkers&#8217; strike and weak manufacturing data. The major averages reversed course on Wednesday, despite ongoing headwinds, but retreated on Thursday as traders processed a mixed set of economic data and remained cautious amid Middle East tensions and the port strike.
Stronger-than-expected non-farm payroll gains, although generating some sell-off in early trading, lifted the averages higher thereafter, helping them to recoup all their losses for the week.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+0.10%</td>
<td>18,137.85</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.23%</td>
<td>5,751.07</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.09%</td>
<td>42,352.75</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.54%</td>
<td>2,212.80</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
The market could be stuck in the recent trading range until the November election, said Ivan Martchev, investment strategist at Navellier &amp; Associates. The strategist said the same type of trading seen in July, when marginal new highs were met with selling into strength, most notably in the tech sector, is repeating now. There has been rotation into value stocks but the pace of this rotation has been slow in the recent week, he said.
The strategist blamed the situation in the Middle East for the profit-taking. That said, a large downside is unlikely, he said.
&#8220;But it does suggest one shouldn't look for the market to run higher or make anything more than marginal new highs before the election in early November,&#8221;&nbsp;Martchev said.
&#8220;We could be in for a continuation of the trading range that started in the middle of July.&#8221;
Carson Group Chief Investment Strategist Ryan Detrick also raised a red flag. The S&amp;P 500 Index rose 34.4% year-over-year in September this year, and six times in the past, the index had gained over 30% in September versus the year ago, the strategist said. Only once out of the six times, did the index post gains for October and the average return for the fourth quarter was also below-average, he added.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 is up nearly 35% YoY the past 12 months. This is one of the best 12 month rallies ever going into Q4. Worth noting October higher only once out of six times it was up 30% or more going into Q4 and Q4 below avg returns as well. <a href="https://t.co/hfwwND2Dw5">pic.twitter.com/hfwwND2Dw5</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1842646974329204817?ref_src=twsrc%5Etfw">October 5, 2024</a></blockquote>
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See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Upcoming Economic Data:
The September producer and consumer price inflation reports as well as the weekly jobless claims data and the preliminary October consumer sentiment survey from the University of Michigan, all due in the back half of the week, are among the market-moving data for the week. Traders may also evince interest in sifting through the minutes of the September Federal Open Market Committee meeting due on Wednesday. At the meeting, the central bank began its policy pivot and reduced the Fed funds rate by an aggressive 50 basis points.
A slew of Fed speeches strewn through the week could also create ripples in the market.
<ul>
<li>On Monday at 11:30 a.m. EDT, the Treasury will auction three- and six-month bills.</li>
<li>Fed Governor Michelle Bowman is scheduled to speak at 1 p.m. EDT.</li>
<li>Minneapolis Fed President Neel Kashkari will participate in a Q&amp;A session at 1:50 p.m. EDT.</li>
<li>Atlanta Fed President Raphael Bostic will moderate a conversation with Steve Koonin, CEO of the Atlanta Hawks and State Farm Arena, as part of the Atlanta Fed&#8217;s&nbsp;Leading Voice series at 6 p.m. EDT.</li>
<li>The Fed will release its consumer credit report for August at 3 p.m. EDT. Economists, on average, expect the outstanding consumer credit to increase at a slower rate of $12 billion for the month compared to a $25.5 billion jump in August.</li>
<li>St. Louis Fed President Alberto Musalem&nbsp;will make a public appearance at 6:30 p.m. EDT.</li>
</ul>
Stocks In Focus:
<ul>
<li>Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) shares climbed over 2.50% <a href="https://www.benzinga.com/premarket">in premarket trading</a> after Wall Street Journal said activist investor Starboard Value&nbsp;has invested approximately $1 billion in the company and has engaged a few former Pfizer executives to assist in revitalizing its sagging fortunes.</li>
<li>Spirit AeroSystems Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>) shares plunged over 8.5% after reports said the company may have to lay off workers in three weeks amid the ongoing Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) stock continues.</li>
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell over 1% and Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) was down modestly ahead of <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41198872/teslas-we-robot-event-will-likely-feature-robotaxi-25k-ev-and-optimus-updates-says-">Thursday&#8217;s Robotaxi event.</a></li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures rose over 2%, and in the early New York session it topped the $76-a-barrel mark. Gold futures rose modestly but traded shy of its record high. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rose over 1% in the past 24 hours and traded above $63K.
The 10-year Treasury note yield topped 4% by virtue of its 2.1-basis-point climb. 
The Asian markets reacted to the strong U.S. jobs data and ended mostly higher, led by Japan&#8217;s Nikkei 225 average, which climbed 1.8%. On the other hand, the Indian and New Zealand markets retreated.
The Chinese market will reopen on Tuesday after the weeklong National Day holiday. Traders across the global market look ahead to the re-opening, especially after a notice from the State Council said on Sunday that a panel of senior officials from the National Development and Reform Commission, including chairman Zheng Shanjie, will brief reporters on the implementation of stimulus policies at the press conference on Tuesday at 10 a.m. local time (Monday, 10 p.m. EDT).
European stocks traded mostly lower early hours of Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41200138/schwab-trading-activity-falls-in-september-despite-market-strength-nvidia-palantir-among-most-so">Schwab Trading Activity Falls In September Despite Market Strength: Nvidia, Palantir Among Most Sought-After Stocks But These 5 Fell Out Of Favor</a></li>
</ul>
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Wall Street Set To Start New Week Sharply Lower As Traders Brace For Key Economic Data And Fed Minutes: Why Strategist Sees Market Consolidating In Near Term

Spirit Aerosystems Says It Is Reviewing Contingency Plans Regarding Furloughs, But No Decision Taken At This Time

SPEEA Union Begins Contract Negotiations With Spirit, Aiming To Improve Engineers' Pay, Benefits, And Work-Life Balance

Federal Trade Commission sets closed door meeting for next Thursday

Spirit AeroSystems (SPR) announced the sale of Fiber Materials business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex Tech Indust...

Spirit AeroSystems sells Fiber Materials to Tex Tech Industries for $165M cash

Hexcel: It Is Time To Buy The Stock (Rating Upgrade)

Spirit AeroSystems, Boeing agreed to delay repayment of advances under pact

And now that the dust has settled at aerospace stock Boeing ($BA), it is now time to look to the future, and see if Boeing can pull off anything re...

Boeing (NYSE:BA) Focuses on 2025, With Less Need for Selloffs

Spirit AeroSystems (SPR) announced that, at the special meeting of its shareholders held earlier, its shareholders voted to approve the proposed ac...

Spirit AeroSystems shareholders approve acquisition by Boeing

Spirit AeroSystems shareholders approve $4.7B acquisition by Boeing

It is a process that has been in the works for some time now, and aerospace stock Boeing ($BA) has finally made the move to formally acquire Spirit...

Boeing (NYSE:BA) Clears One More Hurdle For Spirit AeroSystems

Boeing is said to see 'significant' gains in fixing quality issues

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Boeing (NYSE:BA) Discovers Treasure Trove of 737 Fuselages

CSGP

EADSF

MTTR

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Press Releases

Spirit AeroSystems Announces Furloughs

Spirit AeroSystems Reports Third Quarter 2024 Results

Spirit AeroSystems Announces Advance Payments Agreement with Boeing

Spirit AeroSystems Announces Second Amended and Restated Memorandum of Agreement with Airbus

Contracts

Spirit Announces Purchase Agreement with Tex Tech Industries for Intended Sale of Fiber Materials, Inc. (FMI)

$TOCKHOLDER ALERT: The M&A Class Action Firm Encourages Shareholders of ENLC, BCOV, SPR, GLST to Take Action

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates USAP, ZUO, NBR, SPR on Behalf of Shareholders

Spirit Announces Sale of Fiber Materials Inc. (FMI) to Tex Tech Industries

Spirit AeroSystems Shareholders Approve Acquisition by Boeing

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Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)は、株主によって資金提供される合意に基づき、供給業者の株式を1株約35ドルで売却することを提案している。
出来事：月曜日に発表された株式の1株あたりの価値を基にすると、この買収提案はSpiritの株価に6%のプレミアを意味し、Boeingの以前のオールキャッシュオファーからの転換となることを<a href="https://www.bloomberg.com/news/articles/2024-06-25/boeing-bid-for-spirit-aero-values-737-supplier-at-35-per-share">Bloombergが報告</a>している。資金提供の変更は、2社の間で数ヶ月にわたり行われた交渉の末に行われたものだ。
この取引の最終条件は、わずかな現金も含まれる可能性がありますが、まだ議論中です。
Boeingが支払い条件を見直すという決定は、連邦捜査や<a href="https://www.benzinga.com/news/legal/24/06/39460905/boeing-gains-despite-prosecutors-push-for-criminal-charges">737 Maxの危機</a>に関わる資金面のある程度の圧力を緩和するための戦略的な動きと見なされている。提案された取引では、737 Maxの主要サプライヤーであるSpirit AeroSystemsの買収が実現すれば、Boeingは自社のジェットライナー構造の品質を再びコントロールすることができるだろう。
この取引の最終条件は、わずかな現金も含まれる可能性がありますが、まだ議論中です。
BoeingとSpirit AeroSystemsは、コメントを求めてBenzingaに直ちに回答していない。
なぜ重要なのか：提案された買収は、737 Maxの墜落に関連した<a href="https://www.benzinga.com/news/legal/24/06/39460905/boeing-gains-despite-prosecutors-push-for-criminal-charges">和解違反の罪状</a>をめぐり、アメリカ司法省から潜在的な刑事告発を受けているBoeingにとって、非常に重要な時期に来ている。司法省はBoeingを起訴するかどうかを7月7日までに決定する予定だ。
株価の動き：月曜日、Spirit AeroSystems Holdings Inc.の株は1株33.07ドルで取引を終え、その日1.46%下落した。アフターマーケット取引ではさらに1.27%下落しました。年初来、Spirit AeroSystemsはわずか7.51%上昇しています。 一方、Boeing Co.の株は、その日について1株179.10ドルで取引を終え、1.44%上昇しました。アフターマーケット取引での株価は変わらず。過去1年間、Boeingの株は12.88%減少しています、 <a href="https://pro.benzinga.com/dashboard">Benzinga Proのデータ</a>によると。

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