Boeing shares soar on better than expected 4Q2009 result

Boeing's shares surged 7.3% on Wednesday, as the aircraft manufacturer reported a better than expected net profit of USD1.27 billion, or USD1.757 per share for the three months ended 31-Dec-2009. Quarterly sales at the manufacturer rose 42%, to USD17.9 billion, reflecting the two-month strike by machinists in late 2008 that halted production.