Boeing net up sharply on jet sales, ups forecast
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Boeing Co.  said on Wednesday fourth-quarter profit more than doubled, easily beating Wall Street expectations, as it delivered more commercial aircraft than in the year-earlier quarter and its defense unit posted record sales.
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World Airways Inc. raised its third-quarter revenue and operating income forecasts on Wednesday, citing benefits from military and commercial contracts; shares of the cargo carrier jumped more than 35 percent.
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Boeing Co. on Wednesday topped Wall Street expectations with a 78 percent jump in quarterly profit on strength in its defense operations, and raised its earnings forecast for 2004.
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Boeing Co.  won orders for 51 commercial jets in February, worth about $8 billion at list prices, doubling its tally from the same month last year and making up for a relatively small number in January.
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U.S. blue-chip stocks rose on Wednesday after Boeing Co.  posted a stronger-than-expected quarterly profit and boosted its outlook, but jitters over the Federal Reserve's impending statement on rate policy prevented a broader advance.
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Boeing Co.  scored one of its biggest orders so far this year on Tuesday as Korean Air Co.  said it would buy 25 passenger and freighter aircraft worth $5.5 billion, sending the U.S. planemaker's shares to an all-time high.
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Boeing Co  said on Thursday it delivered 441 commercial aircraft in 2007, its best performance in six years and up 11 percent from 2006.
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Robust demand for military equipment and technology led two arms makers to post higher quarterly profit yesterday, with Boeing reporting a 78 percent jump in earnings despite a decline in commercial airplane revenue.
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Boeing Co  said on Monday it  would buy up to $7 billion of its own stock, one of the  plane-maker's largest repurchase plans on record, but kept its  cash dividend unchanged.
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Boeing Co.  on Wednesday  reported a higher-than-expected second-quarter profit compared  with a year-ago loss, and raised its full-year forecast as it  ramped up delivery of its hot-selling commercial planes and  defense sales remained strong.
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Boeing Co's  defense unit expects rising Asian military budgets to drive double-digit sales growth in the region and help offset flat U.S. defense spending, its chief Asia-Pacific salesman told Reuters on Thursday.
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Boeing Co. BA.N announced new orders   for 47 planes from unidentified buyers on Thursday, worth more   than $4 billion overall, including 16 for its new carbon and   titanium 787 Dreamliner.
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Aircraft manufacturer Boeing Co. on Friday said it shipped 67 commercial airplanes during the third quarter, including 49 of its next-generation 737 mid-range planes.
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Boeing Co.  said on Wednesday fourth-quarter profit more than doubled, as it delivered more commercial aircraft than in the year-earlier quarter.
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Boeing Co  said on Wednesday fourth-quarter profit rose a greater-than-expected 4 percent, as higher deliveries of its commercial aircraft offset a dip in military sales due to the creation of a satellite launch joint venture.
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Burgeoning military sales lifted Boeing Co. to a 78 percent increase in third-quarter profits, its bottom line thriving despite the ethics scandals that have roiled the aerospace giant for the past year.
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Cockpit electronics maker Rockwell   Collins Inc. COL.N on Friday forecast fiscal 2007 earnings in   line with Wall Street estimates, with expected double-digit   growth boosted by orders for Boeing Co.'s BA.N new 787 plane.