BofA Sells 24 Branches and 3 Dow Movers to Follow
The Boeing Company (NYSE:BA): Current price $76.53
Boeing brings out its first 777 constructed at the increased production rate of 8.3 per month, or 100 planes per year. The output acceleration began in October and planning for the new rate has been in the works for nearly a year. During the past 31 months, the 777 program has increased its rate by a factor of two, first from five to an all-time high production rate of seven in 2011, and now to an all-time high rate of 8.3 airplanes monthly. Boeing reported that 1,066 777s have been delivered thus far and a total of 1,431 have been ordered from 66 customers worldwide.