Boeing shares down 2.7 in US premarket trading
64 of US West Coast factory workers rejected latest offer
Boeing looking to raise cash to stabilize finances

Oct 24 Reuters Boeing shares fell 2.7 in U.S. premarket trading on Thursday after workers voted to extend a nearly sixweekold strike, throwing fresh uncertainty over the company39;s efforts to stabilize finances and restore its battered image.

Some 64 of U.S. West Coast factory workers on Wednesday rejected the company39;s latest contract offer, leaving assembly lines idle for nearly all the planemaker39;s commercial jets including the 737 MAX, the backbone of its balance sheet.

The offer included a 35 general wage increase over four years but no defined benefit pension plan, which was one of the striking machinists39; main demands.

The rejection is a blow for new CEO Kelly Ortberg, who took the top job in August on a pledge to work more closely with factory workers than his predecessors, and leaves the company with dwindling options as it continues to bleed cash.

Boeing is going to have to settle it and just make a higher offer, because they are just not in a position to duke it out, said Agency Partners analyst Nick Cunningham.

Analysts said the vote could influence efforts to carry out a refinancing needed to stabilize its operations after the strike hampered its recovery from a string of previous crises.

Many suppliers are also facing financial difficulties.

Boeing last week filed papers giving itself…