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Keerthi Chinnasamy
Boeing profit up, but guidance disappoints
REUTERS - Plane-maker Boeing Co reported a quarterly profit that topped Wall Street forecasts on stronger commercial airplane deliveries, but its 2012 earnings forecast was lower than expected.
Shares of the world's largest aerospace and defense company slipped 87 cents to $74.49 in premarket trade on what some experts may consider a disappointing earnings outlook.
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