ADVFN - Advanced Financial Network.
HOME» NYSE » B » BA Stock Price » BA Stock News

Boeing Share News

 Boeing Co. (the) Stock Price
BA Stock Price
 Boeing Co. (the) Stock Chart
BA Stock Chart
 Boeing Co. (the) Stock News
BA Stock News
 Boeing Co. (the) Company Information
BA Company Information
 Boeing Co. (the) Stock Trades
BA Stock Trades

Boeing 2Q Net Up 2.8% on Commercial Airplane Unit Strength

By Ben Fox Rubin Boeing Co.'s (BA) second-quarter income rose 2.8% as the aerospace giant saw a continued rebound in its commercial airplane business, while its defense operations flagged. The company raised its per-share earnings estimate for the year, now seeing $4.40 to $4.60 a share, from its previous view of $4.15 and $4.35. Boeing also upped its revenue guidance by $1.5 billion, forecasting $79.5 billion to $81.5 billion. The company's commercial business has been benefiting from a global expansion of passenger air travel and a flood of orders for its best-selling 737 jets. For the latest period, the commercial airplane business posted revenue of $11.84 billion, up 34%, as deliveries improved 27%. Still, Boeing's ability to execute on its bulging commercial aircraft backlog has been a primary concern among investors, and the company still has significant milestones to meet in boosting 787 output and launching its new 737 Max. Meanwhile, Boeing and others have faced challenges from soft U.S. defense spending. The company earlier this year unveiled plans to close defense operations in Wichita, Kan., as it grapples with lighter government spending. In the latest period, Boeing's defense, space and security segment, saw revenue rise 7% to $ 8.19 billion and operating earnings shrank 6%. Its network and space systems segment posted a 34% earnings drop. Boeing reported a profit of $967 million, or $1.27 a share, up from $941 million, or $1.25 a share, a year earlier. Revenue rose 21% to $20.01 billion. Analysts polled by Thomson Reuters most recently projected earnings of $1.12 a share on revenue of $19.37 billion. Operating margin narrowed to 7.7% from 9.3%. Shares closed Tuesday at $72.03 and were up 2.7% premarket. As of the close, the stock was down 1.8% so far this year. Write to Ben Fox Rubin at ben.rubin@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Boeing (BA)
DateTimeHeadline
11/20/201409:27:07U.S. Stock Futures Fall After Gloomy Data
11/19/201411:31:25Europeans Commit to EUR1 Billion Eurofighter Upgrade -- Update
11/19/201409:22:20BAE Signs New Eurofighter Radar Contract
11/19/201400:40:06S.F. Express Plans to Boost Freighter Jet Fleet to 100 by 2018...
11/14/201411:34:23U.S. Defends Marshals in Wake of Secret Cellphone Spying Report--Update
11/12/201423:10:42Midair Collision Hazards Cited as Significant Safety Issue in...
11/10/201403:50:15SMBC Buys Aircraft From Boeing
11/07/201401:30:18Singapore Airlines Plans to Spend Over $14 Billion
11/07/201401:00:27Singapore Airlines Plans to Spend Over US$14 Billion Over Next...
11/06/201410:53:48Dutch Investigators to Recover Parts of Malaysia Airlines Crashed...
11/05/201411:15:59Virgin Atlantic CEO Sees 747 Replacement Choice in 5-9 Months--Update
11/05/201408:07:12Virgin Atlantic CEO Sees 747 Replacement Choice in 5-9 Months
11/01/201420:39:42U.S. Economy Grew Strongly in Third Quarter
10/24/201418:52:34Monarch Airlines Sold to Greybull Capital
10/23/201401:30:42Safran Revenue Rises on Sustained Demand for Jet Engines
10/22/201416:54:22MARKET SNAPSHOT: U.S. Stocks Wither; S&P 500 Ends 4-day Win Steak
10/22/201414:09:09MARKET SNAPSHOT: U.S. Stocks Give Up Gains; Boeing Drags Dow
10/22/201410:15:27MARKET SNAPSHOT: U.S. Stocks Tick Up; Yahoo Rallies
10/22/201409:51:50U.S. Hot Stocks: Hot Stocks to Watch
10/22/201409:06:36MARKET SNAPSHOT: U.S. Stocks: Futures Waver, But Boeing Gains...

Boeing and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad