Boeing profit rise tied to tax gains and cost cuts
Boeing reported third quarter earnings of $3.51 a share adjusted for pension costs, lifted by 98 cents of tax gains and 70 cents in tax-related benefits. Revenue fell 7.5 percent to $23.9 billion as deliveries and defense sales declined.
MENTIONED IN THIS ARTICLE
Boeing
Jason Gursky
Citigroup
Pany
Bloomberg
Rockwell Collins
Cedar Rapids
Reuters
Renton
Wash
New home sales rise as inventory tightens in September
New single family home sales climbed 3.1 percent to a 593,000 unit annual pace in September, near a nine year high, while August revisions cut the pace to 575,000. Demand remains strong but supply constrained by land and labor shortages, say economists.
MENTIONED IN THIS ARTICLE
Commerce Department
Tian Liu
Genworth Mortgage Insurance
Raleigh
N.C
Reuters
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