Boeing Has Higher Profit, Raises Forecast
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Boeing Co.  on Wednesday reported a higher third-quarter profit on revenue growth in its defense business and strong performance in its commercial aircraft building operations, and said it raised its earnings forecast for 2004.
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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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Plane maker Boeing has said its third quarter profits shot up 78% from a year ago to $456m. The company also gave an upbeat forecast for the rest of 2004 and into 2005.
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A surge in Airbus plane deliveries helped European Aeronautic Defence &amp; Space Co. to more than triple its profit in the third quarter, the company said Thursday as it raised its earnings forecast.
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Kimberly-Clark Corp.  posted a  higher quarterly profit on Tuesday as savings from its  restructuring plan helped offset higher fiber costs, and raised  its full-year earnings forecast.
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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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Third-quarter profit, helped by sales of jet fighters and electronic warfare systems, beat Wall Street expectations, but the companyâs forecast for next year was slightly below analystsâ estimates.
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US aircraft and defence company Boeing reports a 78% jump in quarterly profits, driven by increased demand for equipment from the armed forces.
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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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Diversified manufacturer Honeywell International Inc.  posted a rise in quarterly profit as strong demand for aerospace equipment and automobile components boosted revenues, the company said on Wednesday.
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U.S. stocks rose on Wednesday, buoyed  by higher-than-expected earnings from Google Inc. GOOG.O and  Boeing Co. BA.N amid caution before the Federal Reserve  releases a statement that could signal the pace of future  interest-rate hikes.
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Diversified manufacturer United Technologies Corp  said on Wednesday quarterly profit rose 23 percent, boosted by strong demand from the aviation and commercial construction markets, and affirmed its 2008 outlook.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its 787 Dreamliner.
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Boeing Co  said on Wednesday third-quarter profit rose more than expected, helped by higher deliveries of commercial planes, but it scaled back its revenue forecast for next year due to delays on its 787 Dreamliner and slowing growth at its defense unit.
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Diversified manufacturer United Technologies Corp.  posted a rise in quarterly profit, helped by strong infrastructure demand and a recovery in its aerospace business, the company said on Wednesday.
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The company reported fourth-quarter net income on higher commercial airplane deliveries and strong growth in defense earnings, beating Wall Streetâs expectations.
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CHICAGO  â Boeing reported a 4 percent increase in fourth-quarter profit on Wednesday, topping Wall Streetâs expectations despite concerns over delays in the 787 Dreamliner.