Boeing to lay off 750 SoCal workers after losing contract The Boeing Co. will lay off 750 Southern California employees after losing a lucrative military satellite contract and seeing a dip in demand for the technology, the company said Wednesday. 21 May 2008
422.
Nordson sees 3Q income above Street; shares rise Nordson Corp., which makes precision dispensing equipment, on Wednesday projected fiscal third-quarter profit above Wall Street estimates, citing expected sales growth. 21 May 2008
423.
Nordson shares soar on strong 2Q results Nordson Corp., which makes precision dispensing equipment, said Wednesday its fiscal second-quarter profit jumped 58 percent on a double-digit increase in sales driven by acquisitions. 21 May 2008
424.
Closing Glance: Machinery shares close down Shares of machinery companies closed down Wednesday, along with the broader market, as the price of crude oil shot past $134 a barrel for the first time. 21 May 2008
425.
DJIA Leaders & Laggards: C BA AXP CVX All 30 Dow Jones industrial average stocks declined Wednesday as the index tumbled for a second day, with the largest losses recorded by Citigroup, Boeing Co. and American Express Co. 21 May 2008
426.
Tetra Tech vice president exercises options The vice president of engineering and technical services provider Tetra Tech Inc. exercised options for 15,000 shares, according to a Securities and Exchange Commission filing Tuesday. 21 May 2008
427.
Boeing execs say 787 on track, defend suppliers Boeing Co. CEO Jim McNerney on Wednesday defended the company's reliance on overseas suppliers in building its 787 jetliner despite admittedly "big stutter steps," saying the new plane's innovations give the company a five-year lead over rival Airbus. 21 May 2008
428.
Closing Glance: Electrical equipment shares slip Shares of electrical equipment companies finished lower on Wednesday as broader markets sagged after oil prices flew past $133 a barrel and the Federal Reserve indicated in minutes from its last meeting that interest rates were unlikely to be cut further. 21 May 2008
429.
Closing Glance: Construction, engineering down Shares of construction and engineering companies closed lower on Wednesday as the broader markets declined. Oil prices climbed past $133 a barrel. Separately, minutes from last month's Federal Reserve meeting indicate interest rates are unlikely to be cut further. 21 May 2008
430.
Closing Glance: Aerospace and defense shares fall Shares of aerospace and defense companies fell Wednesday as oil prices pressured the market, and Boeing Co. said it will lay off 750 employees after losing a military satellite contract. 21 May 2008
0.31%QQQQ 43.45 
0.48%XLF 21.74 
