25-01-2017 20:07 via news.yahoo.com

Boeing shares jump on strong fourth-quarter results, 2017 forecast

Boeing Co posted quarterly profit and operating cash that beat analysts' estimates, and promised an even better performance in 2017, thanks to "relentless" cost cutting, rising productivity and U.S. President Donald Trump's pro-business agenda. Boeing stock jumped nearly 5 percent to $168.50 on Wednesday after the company said it expects to generate a record $10.75 billion in operating cash this year. The sum is up from a record $10.5 billion in 2016 and well above the $10.4 billion that analyst
Read more »