boeing

Westport Innovations, $28.73, symbol WPT on Toronto (Shares outstanding: 55.4 million; Market cap: $1.6 billion; www.westport.com), develops technology that lets engines operate on gaseous fuels, such as natural gas or hydrogen. The company also has a 50/50 joint venture with Cummins Inc. called Cummins Westport Inc. The partnership sells a range of low-emission alternative-fuel engines for medium-duty trucks. Westport’s shares dropped earlier this month after the company reported quarterly results that were below consensus estimates....

THE BOEING CO. (New York symbol BA; www.boeing.com) is a leading maker of passenger jets....

Exchange-traded funds (ETFs) are set up to mirror the performance of a stock-market index or subindex. They hold a more-or-less fixed selection of securities that represent the holdings that go into the calculation of the index or sub-index.

ETFs trade on stock exchanges, just like stocks....

WESTJET AIRLINES LTD., $21.36, symbol WJA on Toronto, moved up almost 7% this week after reporting record quarterly earnings. In the three months ended June 30, 2013, the company’s earnings rose 5.2%, to $44.7 million from $42.5 million a year earlier. That marks WestJet’s 33rd consecutive quarter of profitability. Earnings per share rose 9.7%, to $0.34 from $0.31, on fewer shares outstanding. Revenue increased 4.3%, to $843.7 million from $809.3 million a year earlier. WestJet shares fell as low as $19.65 earlier this week after reaching an all-time high of $25.47 in April 2013. The decline was mostly due to investor concern that the company’s profit growth could slow if it can’t fill the new planes it’s adding to the same level as its current fleet. That includes its new Canadian regional airline, WestJet Encore, which launched in June 2013....

TransDigm Group, $143.09, symbol TDG on New York (Shares outstanding: 52.4 million; Market cap: $7.5 billion; www.transdigm.com), is a leading maker of parts for commercial and military planes. The company’s main products include ignition systems and engine technology, pumps and valves, electric motors and generators, batteries and chargers, latching and locking devices, cockpit security systems, displays, seatbelts, lighting and control technology. In the three months ended March 31, 2013, TransDigm’s revenue rose 10.0%, to $465.6 million from $423.5 million a year earlier. Excluding one-time items, earnings per share gained 5.5%, to $1.74 from $1.65....

THE BOEING CO. $107 (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 758.7 million; Market cap: $81.1 billion; Price-to-sales ratio: 1.0; Dividend yield: 1.8%; TSINetwork Rating: Above Average; www.boeing.com) is a leading maker of passenger jets.

The company launched its latest plane, the 787 Dreamliner, in 2011....

THE BOEING CO. $107 (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 758.7 million; Market cap: $81.1 billion; Price-to-sales ratio: 1.0; Dividend yield: 1.8%; TSINetwork Rating: Above Average; www.boeing.com) is a leading maker of passenger jets.

The company launched its latest plane, the 787 Dreamliner, in 2011. The 787 uses advanced materials that are lighter than aluminum. That makes it 20% more fuel efficient than comparable planes. It also features state-of-the-art jet engines and electronics.


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ADOBE SYSTEMS INC., $44.77, Nasdaq symbol ADBE, reported better-than-expected earnings this week. In its fiscal 2013 second quarter, which ended May 31, 2013, Adobe’s earnings fell 39.0%, to $182.9 million, or $0.36 a share. A year earlier, it earned $299.6 million, or $0.60 a share. These figures exclude several unusual items, such as restructuring charges and gains on investment sales. On that basis, the latest earnings beat the consensus estimate of $0.34 a share. Revenue fell 10.1%, to $1.01 billion from $1.12 billion. That matched the consensus estimate....

YUM BRANDS INC., $67.75, New York symbol YUM, has opened a new KFC fried chicken restaurant in Ulaanbaatar, the capital city of Mongolia. This is the first fast-food restaurant in Mongolia. The local franchisee that owns and operates this outlet plans to open 15 more over the next five years. This business’s outlook is bright. Mongolia’s economy is growing strongly, and chicken is becoming more popular. Yum and its partner will also develop new dishes that cater to local tastes....

SPDR DOW JONES INDUSTRIAL AVERAGE ETF $146.74 (New York symbol DIA; buy or sell through brokers; www.spdrs.com) holds the 30 stocks that make up the Dow Jones Industrial Average.

The fund’s top holdings are IBM, ExxonMobil, Chevron, 3M, Travelers Companies, McDonald’s, Johnson & Johnson, Caterpillar, United Technologies and Boeing. The fund’s expenses are about 0.17% of its assets.

SPDR Dow Jones ETF is a buy.
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