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bar1080

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Re: Porgie Tirebiter post# 735

Wednesday, 07/26/2017 9:33:28 AM

Wednesday, July 26, 2017 9:33:28 AM

Post# of 6984
"Boeing second-quarter profit, cash top estimates; raises 2017 forecast again"

"NEW YORK (Reuters) - Boeing Co posted second-quarter profit and cash growth that beat analysts' estimates on Wednesday, even though sales were less than expected, sending shares up sharply.

The world's biggest plane maker is cutting costs by streamlining production of new 737 MAX models and finishing development of other new planes. Rising profitability of its 787 Dreamliner contributed about $530 million in cash in the quarter.

Boeing shares jumped nearly 4 percent at $220.65 in premarket trading. The stock has soared 37 percent this year..."

https://www.yahoo.com/finance/news/boeing-raises-2017-earnings-forecast-114400429.html

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