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EADS up strongly, Boeing eases, Embraer takes a dive – Share Wrap

Analysis

27-May-2009 was another mixed day for aircraft manufacturers, with Airbus parent, EADS, the big winner, Boeing dropping in line with the rest of Wall Street and Embraer slumping as Brazilian markets ended a four-day upwards run. The European aerospace conglomerate saw its share price up 5.6% yesterday, despite confirmation of its pessimistic long-term forecast by CEO, Louis Gallois at its AGM.

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