Small Business Resources, Business Advice and Forms from AllBusiness.com

Military Contracts Bail Out Boeing.

By John Gillie, The News Tribune, Tacoma, Wash. Knight Ridder/Tribune Business News

Oct. 30--Buoyed by stronger-than-expected military sales, Boeing Co. third-quarter profits exceeded Wall Street forecasts Wednesday, triggering a buying surge in the company's stock.

Boeing's bottom line was boosted by FA-18 fighter jets and JDAM-guided bombs, which played a key role in the Iraq war.

Boeing shares closed up nearly 7 percent Wednesday at $38.50 a share. That's a $2.46 cents more than Tuesday's closing price. For the year, shares are up nearly 1

In addition, make sure to read these premium articles also available with your free trial:

T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Southwest Airlines' third quarter profits rise.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD Low-cost US carrier Southwest Airlines has announced a 12.3% rise in third quarter profits, beating expectations despite extra fuel costs due to rising oil prices. The airline posted USD119m in profit for the third quarter of 2004, working out at USD0.15 per share, on ......
  • Embraer reports lower net profit for second fiscal quarter.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD Brazilian aircraft maker Empresa Brasileira de Aeronautica SA (Embraer) has reported that its second quarter net profit decreased by 6%. The company said that the profit fell even though it made more deliveries than in the same period in 2005. Embraer earned BRL155.8m in ......
  • Bombardier to trim aircraft output after fall in profit.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD Canadian aircraft manufacturer Bombardier is to cut back on its regional jet production rate after it reported a lower than expected profit for the third quarter of 2004. Bombardier earned USD10m or break-even on a per-share basis, a considerable fall from the same period ......
  • Air France/KLM records first quarter profit.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD The Air France/KLM alliance has reported that profits for its first quarter of 2004 are double that of a year ago after bouncing back from strikes, SARS and the Iraq war. Results fell slightly short of analysts' predictions, mainly due to the high cost ......
  • Despite Fuel, Some Carriers Post Rare Quarterly Profits
    • Most airlines reporting second-quarter earnings last month saw improvements—and some profits—amid surging fuel costs and fierce pricing competition, following quarters of losses.
  • Singapore Airlines records increase in second quarter profits.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD Singapore Airlines has reported an unexpected 17% increase in second quarter profits but insisted that high oil prices and low-cost rivals in the region make its outlook uncertain. A spokesperson for the airline said that the rise in profits was due to a strong ......
  • Japan Airlines makes first-half profit.
    • AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD Japan Airlines, Asia's biggest airline, has announced a profit for the first six months of 2004/05 as its cost cutting measures offset the rising cost of fuel. The consolidated net profit of JPY82.96bn for April-September 2004 was up from a loss of JPY57.6bn over ......

Video

Business Guides

Forms

Blogs

  • Virgin's First Quarter
    • Virgin America reported an operating loss of $35 million after its first quarter in business.
  • Economy Should Pick Up Later in the Year
    • The Platt Retail Institute, in its January quarterly report, predicted a slow economy this year, and the Commerce Department reinforced the prediction yesterday with its report of flat retail sales in January. "Most economists expect the U. S. economy to grow 2.3 percent in 2007," Platt writes, "versus a consensus ......
  • Southwest's Safety Snafu
    • As recently as last March, the discount carrier flew thousands of travelers on airplanes that federal inspectors have labeled "unsafe." ......
  • BA Broadens its Base
    • British Airways will serve the US from continental Europe beginning in June.
  • All Bloggers

Business Answers

Podcast

Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.