Boeing reported a 19% drop in second-quarter net income to $852 million from $1.05 billion last year and its Commercial Airplanes unit posted a 19% decrease in operating earnings to $777 million from $960 million in the year-ago period. But Chairman, President and CEO Jim McNerney predicted that the company will fare better in the year's second half and produce a solid performance that will allow it to match its reaffirmed earnings guidance of $5.70-$5.85 per share for full-year 2008. The ...

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