Entries tagged "Boeing"
Only weeks after closing its $2.6 billion merger with Northwest Airlines Corp., Delta Air Lines Inc.'s post-merger fleet plans began to take shape Monday as reports surfaced that the airline is considering scaling back its order of Boeing Co. 787 Dreamliners in favor of more 777-200 LR aircraft....
While the credit markets are displaying signs of thawing over the past week as interbank lending rates have dropped, disappointing bottom-line performance for a handful of bellwether blue-chip stocks gave investors cold feet over the past two days. Following a 200-plus point drop Tuesday, the Dow Jones Industrial Average sunk 514.25 points Wednesday to close at 8,519.25, due in part to double-digit earnings declines reported by both drug giant Merck & Co. and the world's largest aircraft manufacturer Boeing Co., whose stocks fell 6.54% to $28.01 and 7.52% to $42.91, respectively. ...
