Halibut From , joined Dec 1969, posts, RR: Posted (7 years 2 months 1 week 21 hours ago) and read 1481 times:
It appears that, unlike many other large US manufacturers , Boeing is ahead of the curve . Boeing's restructuring is now paying off which may enable them to enjoy a bright , profitable future !
E-mail | Print | | Disable live quotes By August Cole, MarketWatch
Last Update: 4:13 PM ET Mar 15, 2006
SAN FRANCISCO (MarketWatch) -- Citing Boeing Co.'s improving cash flow and lower debt, Moody's Investors Service upgraded its credit ratings on the world's largest aerospace company Wednesday.
"With strong cash flow, approximately $8 billion in cash and marketable securities (including its intermediate term investment portfolio) and $3 billion in undrawn lines of credit, the company is well positioned to internally fund capital spending, dividend payments, and diminished pension obligations as well as maturing debt without access to external sources of capital," Moody's wrote.
Boeing's stock, part of the Dow Jones Industrial Average ($INDU : Dow Jones Industrial Average
4:30pm 03/16/2006
$INDU11,253.24, +43.47, +0.4%) , set an all-time high on Wednesday of $76.30. The stock closed up 0.8% to $76.05.
474218 From United States of America, joined Oct 2005, 6340 posts, RR: 10 Reply 2, posted (7 years 2 months 1 week 20 hours ago) and read 1413 times:
Yesterday (16 March 2006) Boeing $77.05, Lockheed Martin $75.85 closed at multi year highs and General Dynamics $129.85 closed at its highest prices ever. Other defence stocks are above or near their 52 week highs. The Pentagon has suggested spending next year will increase and that is driving the run up of defence stocks.
NAV20 From Australia, joined Nov 2003, 9082 posts, RR: 37 Reply 5, posted (7 years 2 months 1 week 19 hours ago) and read 1373 times:
Quoting 474218 (Reply 2): Other defence stocks are above or near their 52 week highs. The Pentagon has suggested spending next year will increase and that is driving the run up of defence stocks.
War is good for business......
As it happens, EADS shares have spiked too - E33.89 at the moment. They're defence contractors as well.
I'd better mention that a mate of mine rang me this afternoon with a hot tip. He used to plan military operations professionally, he's retired now but still takes an interest as an amateur. He's heard through contacts that the Pentagon is dusting off plans for Iran; not a ground invasion, just bombing.
I'd have thought that Abe Lincoln's famous crack when he was advised to face off with Britain over them building the 'Alabama' for the Confederacy - "One war at a time..." - would be good advice for Bush. But you never know with that bloke.
[Edited 2006-03-17 17:04:32]
"Once you have flown, you will walk the earth with your eyes turned skywards.." - Leonardo da Vinci
Halibut From , joined Dec 1969, posts, RR: Reply 8, posted (7 years 2 months 1 week 18 hours ago) and read 1265 times:
Quoting TinkerBelle (Reply 1): Not bad at all. I guess they are doing something right. Actually it hit $77.05 on Thursday and it's currently trading at $76.73.
Magyar From Hungary, joined Feb 2000, 596 posts, RR: 0 Reply 10, posted (7 years 2 months 1 week 13 hours ago) and read 1145 times:
Quoting NAV20 (Reply 5): War is good for business......
Well, not if you are on the receiving end! But, true, the
US was master in keeping the wars "overthere" in the
last century.
Quoting NAV20 (Reply 5): I'd have thought that Abe Lincoln's famous crack when he was advised to face off with Britain over them building the 'Alabama' for the Confederacy - "One war at a time..." - would be good advice for Bush. But you never know with that bloke.
He already broke this law, anyway. Neither the war in Afganistan nor the one in Iraq is finished. But with one
"brilliant" move by attacking Iran you can make just one
big war out of the three!
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