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Earnings Roundup / Boeing

Earnings lowered 4 cents a share

February 10, 2009|Times Wire Reports

Airplane maker and military contractor Boeing Co. lowered its reported fourth-quarter and fiscal 2008 earnings-per-share results by 4 cents a share, citing lower aircraft values in its customer financing portfolio and increased liabilities linked to an arbitration ruling. Boeing's revised fourth-quarter loss now stands at 12 cents a share, and its fiscal 2008 loss per share totals $3.67 instead of $3.71.

Shares of Chicago-based Boeing fell 12 cents to $42.80.

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