News Summary: Boeing benefits on faster deliveries

News Summary: Boeing benefits from faster airplane deliveries, raises 2012 guidance

Associated Press

BOEING DELIVERS: Boeing is on track to meet delivery targets for the year, and on Wednesday raised its profit guidance and reported a better-than-expected profit for the third quarter.

PULSE OF PRODUCTION: Boeing has sped up production, aiming to get some of its newest planes out the door faster. Its new 787 is getting the most scrutiny because it was three years late when it began carrying passengers last year.

ON TARGET: Boeing said on Wednesday that it will hit its delivery targets — 585 to 600 commercial planes this year.

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