29-May-2009 1:20 PM
Embraer and Boeing up, EADS slides. MTU and Rolls-Royce down on weak Airbus order outlook
Analysis
After posting strong gains on Wednesday, EADS' share price was unable to sustain its earlier upwards momentum, with shares sliding back 0.6% yesterday. At the EADS AGM, held earlier in the week, the company reiterated its forecast for flat revenue growth and a drop in EBIT for 2009, also stating that it is becoming increasingly difficult for its Airbus commercial aircraft unit to achieve its target of 300 orders for the year.
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