Boeing (BA +0.9%) approves the launch of the new engine variant of the 737, based on order...

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing (BA +0.9%) approves the launch of the new engine variant of the 737, based on order commitments for 496 airplanes from five airlines. Nomura raises its rating to Neutral from Reduce, citing the stock's relative valuation, the startup of 787 Dreamliner deliveries, and demand for the re-engined 737.