Newspaper wrap-up: Boeing may suspend production on short-range 787
Posted Feb 21st 2008 8:00AM by Laurie Pasternack
Filed under: Newspapers, Magazines, Apple Inc (AAPL), Boeing Co (BA), BHP Billiton Ltd ADR (BHP), Rio Tinto plc ADS (RTP)
MAJOR PAPERS:
- Mining companies BHP Billiton Limited (NYSE: BHP) and Rio Tinto Plc (NYSE: RTP) are not only competing over iron-ore customers, but they are not competing for investors as well, according to the Wall Street Journal's "Heard on the Street." BHP says 60% of their investors also own Rio shares; Rio puts the figure at 50%.
- Prices for the top 50 branded drugs increased an average of 6.73% in 2006 and 7.82% last year at wholesale, according to market research firm Delta Marketing Dynamics. Often targeted by politicians, pharmaceutical companies are undeterred, the Wall Street Journal reported.
WEB SITES:
- According to iSuppli sources, Apple Inc (NASDAQ: AAPL) has cut its 2008 NAND order forecast and informed suppliers that its demand growth will slow in 2008 vs. 2007.
- The Boeing Company (NYSE: BA) is considering suspending work on the short-range version of its 787 jet, the -3 shorthaul, in an attempt to get production of the long-range version, the long-range -8, back on track, Flight Blogger said.
Tags: 787, AAPL, Apple, BA, BHP, BHP Billiton, BhpBilliton, Boeing, NAND, Pharmaceutical, Rio Tinto, RioTinto, RTP