Boeing reports profit, raises outlook; shares up

(Reuters) - Its shares jumped as much as 6 percent to an all-time high
of $110 in electronic trading before the bell, later paring
those gains to $106.63.




Boeing, which vies with Airbus for the title of
world's biggest plane maker and is the Pentagon's No. 2
supplier, reported quarterly profit of $1.1 billion, or $1.35
per share, compared with a loss of $160 million, or 21 cents
per share, in the year-ago quarter.


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