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Dividend.com: Boeing Grounded
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Boeing Delivers Fourth-Quarter Loss, Blames Results on Strike
Boeing(BA Quote) shares are up over 2% today, despite the world's largest plane manufacturer reporting a fourth-quarter net loss of $56 million, or 8 cents a share, vs. a gain of $1 billion, or $1.36 a share, in the year-ago period.
The impact of the machinist strike was estimated at $1.09 a share, a 61 cents-a-share charge related to upsets in its 747 program, and a 9-cents-a-share contribution to a litigation-related reserve. ...
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