Boeing Quarterly Profit Up 78 Percent
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Boeing Co.  on Wednesday posted a 78 percent jump in quarterly earnings that beat Wall Street forecasts as stronger demand for its military networking and weapons systems helped offset a decline in commercial airplane revenue.
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Boeing Co. and Northrop Grumman Corp., the second- and third-biggest US defense contractors, said third- quarter earnings rose as the military boosted spending on equipment to help soldiers communicate and track enemies.
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Net income for the third quarter rose to $177 million, compared with a loss of $78 million in the year-earlier period, as the carrier raised fares while reducing flights.
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Aerospace and high-tech manufacturer Honeywell International Inc. on Wednesday reported an 8 percent increase in third-quarter profits behind double-digit growth in sales
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Kellogg Co. on Monday said quarterly profit rose a better than expected 7 percent, as the world&#39;s largest cereal maker was helped by strong sales of new products and a weaker US dollar.
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Aircraft maker Boeing Co. on Monday said its board approved a 25 percent dividend boost, raising its quarterly distribution to 25 cents per share from 20 cents and its yearly payout to $1.
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Defense contractor Northrop Grumman Corp.  said on Wednesday quarterly profit rose 31 percent, helped by higher government spending on its electronic systems and lower pension costs.
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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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Boeing said that it had sealed a deal with British Airways, raising the number of orders for its long-awaited 787 Dreamliner plane to 790 during the last three years.
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Boeing Co  said on Wednesday fourth-quarter profit rose a greater-than-expected 4 percent, but it cut its full-year revenue forecast to account for delays on its new 787 Dreamliner.
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Diversified manufacturer Honeywell International Inc  said quarterly profit rose nearly 18 percent, with sales up across all its units, sparking a 4.6 percent rise in its shares on Friday.
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Toyota Motor Corp.  posted a near-20 percent rise in quarterly profit on Tuesday on brisk sales in North America and Europe, and kept its forecasts for a seventh straight year of record earnings intact.
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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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Propelled by another potent performance from its defense unit, Boeing announced third-quarter results yesterday that surpassed investors&#39; expectations as profits climbed 78 percent from a year ago.
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Boeing Co. BA.N on Wednesday topped  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  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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Boeing Co  said on Wednesday third-quarter profit rose, helped by higher deliveries of commercial planes.