20-May-2009 3:20 PM
Mixed day for Boeing and Airbus, Expedia surges, Orix rises, CAE falls – Share Wrap
Analysis
Shares in Airbus parent, EADS, slipped 1.9%, while Boeing was up 0.6%, going against their respective broader markets. More progress was announced on Boeing's 787-8 programme, but the company's Integrated Defense Systems President, Jim Albaugh, cautioned that the upcoming US defense budget could represent "a high watermark" for US defense spending past 2010.
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