Check out the companies making headlines midday Monday:
, Boeing's stock fell almost 1% after analysts at credit agencies Standard & Poor's, Moody's and Fitch released ratings that gave a cautious outlook on the aerospace giant's debt due to the prolonged 737 Max crisis. S&P especially warned that "Boeing's credit metrics will very likely deteriorate over the next few quarters.
" Additionally, Ryanair CEO Michael O'Leary sounded off on Boeing during his company's earnings conference call, saying that— Shares of the human resources company plunged more than 21% after cutting full-year and third-quarter guidance to below what Wall Street was expecting. Higher health claims and lower-than-expected hiring at existing accounts for the second quarter added to pressure on the stock.
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