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Financially Speaking… Boeing… — The Boeing Company’s [NYSE:BA] Q2 earnings per share decreased 14 percent to $1.16 per share, on revenue of $17.0 billion and an operating margin of 7.4 percent. Results were affected by the previously disclosed charge for the Airborne Early Warning & Control (AEW&C) program and lower profitability due to mix and timing in Commercial Airplanes, partially offset by lower centralized costs. For the first half of 2008, revenue grew 2 percent to $33.0 billion, operating margin grew to 9.2 percent, net income rose 7 percent to $2.1 billion, and earnings per share increased 13 percent to $2.79 per share, despite the AEW&C charge. For further details on the Boeing financial report, select the graphic below…
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Financially Speaking… Telenor… — In the second quarter of 2008, Telenor’s pro forma revenues (including Kyivstar) increased by three per cent compared to the second quarter of 2007, reaching NOK 27.2 billion. Underlying revenues increased by seven per cent in the same period. Pro forma EBITDA before other income and expenses was NOK 9.3 billion. Telenor’s mobile operations added six million subscriptions during the second quarter. Select the graphic below for all of the financial details…
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