Boeing profit up on plane sales, cuts sales forecast
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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 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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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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Lockheed Martin Corp , said on Tuesday third-quarter profit rose a greater-than-expected 22 percent, and it slightly raised its full-year earnings forecast, on the back of higher sales of its jet fighters and electronic warfare systems.
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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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U.S. stocks rose on Wednesday after  the Boeing Co.'s BA.N results beat forecasts and the Federal  Reserve raised rates by a quarter-percentage point, keeping its  pledge to tighten credit at a measured pace.
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Boeing Co. BA.N said on Friday it  delivered 67 commercial airplanes in the third quarter, up two  from the same quarter a year ago.
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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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U.S. planemaker Boeing does  not expect to make order gains for its aircraft as a direct  result of delays to the A380 superjumbo being built by European  rival Airbus, a Boeing official said on Monday.
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Mazda Motor Corp. posted  better-than-expected third-quarter profits on Friday and kept  its projections for record full-year earnings, but it cut its  sales forecast as it loses production to a fire at a Japanese  plant.
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US Airways Group  and JetBlue Airways Corp.  posted quarterly profits on Tuesday, against year-ago losses, as they took advantage of strong travel demand and higher ticket prices.
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Australian travel retailer Flight Center Ltd.  said on Thursday its first-half profit rose 10 percent, boosted by recent acquisitions despite disappointing sales growth.
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CHICAGO -- Boeing Co. said Wednesday its 4th-quarter earnings more than doubled due largely to robust commercial airplane and defense system business. The results beat Wall Street forecasts and sent the stock up nearly 5 percent in morning trading on the New York Stock Exchange.
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U.S. stock futures indicated a flat Wall Street open on Wednesday as higher-than-expected quarterly profit from Boeing Co.  and strong economic growth in the fourth quarter offset interest-rate concerns.
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National Semiconductor Corp. posted a higher quarterly profit Thursday, with sales in line with its reduced forecast on lower-than-expected demand for flat-panel displays and from Chinese wireless handset makers.
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Lockheed Martin Corp , on Tuesday posted a third-quarter profit that beat Wall Street expectations, helped by higher sales of its jet fighters and electronic warfare systems, but it forecast profits for next year slightly below analysts' estimate.
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Boeing Co.  has raised prices on its commercial planes by almost 6 percent on average, as the cost of its raw materials increases.