The Traderszone Network

Published in TZ Latest News 14 December, 2015 by The TZ Newswire Staff

Boeing boosts share buyback to $14 billion, hikes dividend

Boeing’s shares rose 1.2 percent to $144.75 in after market trade on Monday, more than recovering their losses in regular trading. The talk of a possible slowdown came as Boeing posted narrower losses on its 787 Dreamliner and voiced confidence in that plane’s ability to generate cash and fill the gap. Boeing is banking on the 787, its newest jet in production, to begin generating cash flow in the current quarter.