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News Summary: Boeing 4Q profit rises

Published on NewsOK Modified: January 29, 2014 at 2:44 pm •  Published: January 29, 2014
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BIG QUARTER: Boeing Co.'s net income rose 26 percent on rising deliveries of commercial jets.

MORE JETS: Commercial airplane deliveries will rise 10 percent this year.

DISAPPOINTING OUTLOOK: Its prediction for 2014 profit and revenue was well short of Wall Street expectations, with Boeing expecting lower revenue from its defense business.