Market briefs.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), April, 2007

Boeing earnings climb 27% CHICAGO - Boeing Co. put more pressure on its European rival Airbus Wednesday in the dog fight for the slot as the world's No. 1 airplane maker. Boeing reported a 27 percent boost in first-quarter earnings that beat Wall Street projections, while its backlog surged to another record level.

Meanwhile, its revenue grew 8 percent. Boeing earned $877 million, or $1.13 per share, in the quarter ended March 31, compared with $692 million, or 88 cents per share, a year earlier. Revenue climbed 8 percent to $15.4 billion, beating Wall Street expectations. During the year-ago period, Boeing had revenue of $14.3 billion. Taylor Capital stock down 14% ROSEMONT - Shares of Taylor Capital Group Inc. took a huge hit Wednesday, falling 13.7...