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BA Down on Reported Dreamliner Delays

By Market News Video Staff, Monday, November 8, 12:32 PM ET
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Boeing (NYSE:BA) shares are among the biggest decliners on the Dow Jones Industrial Average today, on reports that the company has told 787 Dreamliner customers that deliveries of the jet will now be delayed as long as an additional 10 months.

Boeing shares are down 1.5% Monday.

Boeing is the #2 stock in the iShares Dow Jones U.S. Aerospace & Defense Index Fund (AMEX:ITA), with 7.5% of the portfolio, behind United Technologies (NYSE:UTX), at 8.73% of the fund. The fund is trading donw 0.75% Monday.

Boeing is also the #2 stock in the Aerospace & Defense Portfolio (AMEX:PPA), at 6.92% of the fund, which is trading down 0.6%. Honeywell (NYSE:HON) is just slightly more of the portfolio, at 6.95% of the total.

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This Article's Word Cloud:   AMEX   Aerospace   Average   Boeing   Defense   Dreamliner   Fund   Honeywell   Index   Industrial   Jones   Monday   NYSE   Portfolio   Technologies   United   additional   also   among   behind   biggest   company   customers   decliners   delayed   deliveries   donw   down   fund   iShares   just   long   months   more   portfolio   reports   shares   slightly   stock   that   today   told   total   trading   which   will   with
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