Boeing profits jump 20 percent

Boeing’s fourth-quarter profits jumped 20% as it delivered more planes.

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Boeing’s fourth-quarter profits jumped 20% as it delivered more planes.

However, its shares fell because of a weaker 2012 earnings outlook than analysts expected.

Boeing delivered 128 commercial planes during the quarter, up from 116 a year ago. Profits from commercial planes jumped 56 percent. Revenue rose 31 percent.

Read more at The Washington Post.

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