Shares take off at Boeing

Josh Martin
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BOEING shares rose 5.4 per cent on Wall Street yesterday, after beating cash flow expectations. The airline manufacturer said 2014 fourth quarter profits were up 23 per cent to $1.47bn (£970m) on the back of a record 1,432 net orders for planes last year, which included the launch of its Boeing 787-9 stretched airline.

It expects a rise in cash flow to $6.2bn in 2015, at the top end of expectations, which sent shares up to close at $139.64.

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