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Tag Archives: Boeing

Overnight Market News – October 21, 2009

21-Oct-09

Yahoo! Inc Third Quarter (Q03 2009) Profit Surge to USD 187.8mm or USD 0.13 per Share, Up From USD 54.3mm or USD 0.04 per Share a Year Earlier on Stringent Cost Cutting Initiatives Eli Lily and Co Swings into Third Quarter Profit of USD 941.8mm or USD 0.86 per Share, Up From a Loss of [...]

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Boeing Suffers Yet Another Setback

07-Oct-09

Yesterday, Boeing Co. announced that it had suffered yet another setback in its commercial plane unit. Boeing, the world’s #2 aircraft-maker, said that it will incur a US$1 billion charge on its 747-8 program (the revamped version of its 747 jumbo jet), due to production and design issues. As a result, Boeing will push back [...]

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No Clear Skies For Boeing

06-Jun-09

Unfortunately it does not look like clear skies for aircraft giant Boeing Co. The company said yesterday that its orders in May nose-dived more than 70% from a year ago, after airlines canceled or halted plans for new planes. After receiving only 20 orders during the month (vs. 67 in May 2008), Boeing hopes it [...]

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