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 Net Up on Commercial Unit Strength

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
09/26/201409:50:47U.S. Hot Stocks: Hot Stocks to Watch
09/25/201410:58:31U.S. Stocks Drop as Investors Consider Mixed Data
09/25/201407:50:11Boeing 787 Battery Troubles Still Unidentified
09/22/201407:30:21Airbus To Begin Flight Trials of New A320neo Engine Options
09/18/201400:20:31Boeing Sees Rising Demand for Pilots, Technicians in Asia Pacific
09/11/201412:05:13ThalesAleniaSpace Replacing U.S. Components on Russia-Bound Satellite
09/09/201421:30:18MH17 Broke Apart Midair
09/09/201410:26:48Malaysia Airlines Flight 17 Hit by High-Energy Objects, Report...
09/09/201407:08:12Malaysia Airlines Flight 17 Hit by High-Energy Objects, Report...
09/09/201405:30:06MH17 Hit by High Energy Objects, Says Dutch Report
09/09/201405:25:16Malaysia Airlines Flight 17 Hit by High-Energy Objects, Report...
09/09/201405:05:11Malaysia Airlines Flight 17 Hit by High Energy Objects, Says...
09/09/201402:09:40MARKET SNAPSHOT: U.S. Stocks End Mostly Lower; Yahoo Rallies
09/09/201402:03:09MARKET SNAPSHOT: U.S. Stocks Fall; S&P 500 Dips Below 2,000
09/09/201401:51:34Ryanair to Buy up to 200 Jets from Boeing
09/09/201401:49:28MARKET SNAPSHOT: U.S. Stocks Open Lower; Deals In Focus
09/05/201413:10:09Bombardier to Resume New Jet Test Flights
08/26/201418:58:27Durable Goods Orders Surge 22.6% in July -- Update
08/26/201418:54:44MARKET SNAPSHOT: S&P 500 Ends Higher For First-ever Close Above...
08/26/201418:51:25MARKET SNAPSHOT: S&P 500 Gains, On Pace For First-ever Close...

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