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Pacific Securities (SHSE:601099) Hikes 32% This Week, Taking Three-year Gains to 42%
usa mmf market fund size hit a new high of 6.42 trillion US dollars
Although the Fed rate-cutting cycle has begun, investors are still pouring large amounts of money into US money market funds, driving assets to record highs. Data released by the Investment Company Institute on Thursday showed that about $121 billion flowed into US money market funds in the week ending September 25th. Total assets reached a record $6.42 trillion. At a time of such strong demand, some fund managers - including Jerome Schneider, head of short-term investment portfolio management and financing at Pacific Investment Management - say it's time to withdraw from money market funds. Given the U.S.
Boeing is taking measures to save cash. 330,000 blue-collar workers have started a strike.
On Friday, Boeing's blue-collar workers went on strike picket lines in the Pacific Northwest instead of building airplanes as they unanimously rejected a proposed contract that would have increased their wages by 25% over four years. Approximately 33,000 Boeing mechanics participated in the strike, which will not immediately disrupt the airline's flights but can interrupt the production of Boeing's best-selling jet airliners. This strike event signifies another setback for the company, which is already facing billions of dollars in financial losses and reputational damage. Boeing stated on Friday that it is taking measures to save cash, while its CEO is trying to negotiate a deal to
Boeing CEO warns that workers' strike will jeopardize company's recovery.
Boeing's CEO, Kelly Ortberg, urged members of the company's largest union not to go on strike and warned that a strike would undermine the company's efforts to turn around its factory situation. "I hope you will choose a bright future, but I also know that some employees are considering another path - a path that has no winners," Ortberg said in a message to all Boeing employees in Washington and Oregon. The 0.033 million members of IAM 751 District will vote on the company's proposal on Thursday, as well as the current contract that expires at midnight.
Pacific Securities Co., Ltd. 2024 Semi-Annual Report
Pacific Securities Co., Ltd. 2024 Semi-Annual Report Summary
Pacific Securities (SHSE:601099) Shareholders Have Earned a 46% Return Over the Last YearNo Data
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