Boeing shares rise despite 1st quarterly loss since 2009

Boeing reported its first quarterly loss in nearly seven years Wednesday, but its shares jumped as it confirmed its target for 2016 plane deliveries, saying the commercial aircraft market remains strong. Boeing made $1.1 billion in the year-ago period. "The underlying operating performance of the company remains solid, with our commercial and defense teams again delivering strong revenues and operating cash flow," said Boeing chief executive Dennis Muilenburg.