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
08/22/201417:40:07U.S. Regulator Approves GE-Powered 787-9 Jet
08/22/201412:00:09Avolon Pursues IPO as Sale Talks Continue
08/19/201417:40:13Bombardier Replaces Commercial Aircraft Executive
08/10/201407:59:32Plane Crashes Near Iranian Capital, Killing Dozens -- Update
08/09/201409:56:36Hagel Says U.S., India Should Jointly Develop, Produce Arms
08/05/201403:05:10Meggitt First-Half Profit Falls on Lower Military Revenue
07/30/201406:32:00Airbus CEO Shrugs Off Concerns Over Supply Disruption Amid Sanctions
07/25/201415:26:52Investigators Probe Whether Flight 5017 Brought Down by Storms...
07/24/201417:25:22Air Algerie Flight Likely Crashed in Mali -- 5th Update
07/24/201411:20:15Air Algerie Flight Crashes in Mali -- 5th Update
07/24/201410:37:24Air Algerie Flight Reported Missing -- 4th Update
07/24/201410:02:35Air Algerie Flight Reported Missing -- 3rd Update
07/24/201409:45:55U.S. Hot Stocks: Hot Stocks to Watch
07/24/201408:15:59Air Algerie Flight Reported Missing -- 2nd Update
07/24/201406:54:46Air Algerie Flight Reported Missing -- Update
07/24/201405:55:25U.N. Body to Widen Flight Warnings
07/24/201403:34:51U.N. Body to Widen Flight Warnings -- 2nd Update
07/24/201400:06:12U.N. Body to Widen Flight Warnings -- Update
07/23/201416:38:22MARKET SNAPSHOT: S&P 500 Closes At Record On Strong Earnings
07/23/201412:07:40MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500 Sets Intraday Record

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