4 Consumer Stock Stories Buzzing Away on Thursday
The Boeing Co. (NYSE:BA): Closing price $118.99
On Thursday, Boeing reported that it is restructuring its commercial airplane strategy and marketing functions, as the veteran engineer Mike Bair, who manages those groups, retires in November. The changes were announced in a memo by Boeing Commercial Airplane Chief Executive Ray Conner, and a copy was obtained by Reuters. Marketing functions that were under Bair will be transitioned to the sales group and led by marketing vice president Randy Tinseth, who will report to global sales chief John Wojick.