Stocks of Local Interest

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International Rectifier: $20.83, down $0.35 or 1.65%

DirecTV Group: $24.25, down $0.96 or3.81%

Raytheon: $63.20, down $1.34 or 2.08%

Northrop Grumman: $78.24, down $1.55 or 1.94%

Boeing: $73.45, down $3.08 or 4.02%

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Story on Aerospace and Defense Stocks:

NEW YORK (AP) -- Shares of companies in aerospace and defense fell with the broader markets Wednesday, with Boeing Co. suffering the largest decline.
On Wednesday, the markets returned about two-thirds of their jump from the previous session. The Dow Jones industrial average, which climbed 420 points on Tuesday, fell 293 points, or 2.4 percent, to 12,099.66.

Shares of Chicago-based Boeing lost $3.08, or 4 percent, to $73.45 on reports that Boeing's 787 jet may be further delayed.

Precision Castparts Corp. of Portland, Ore., fell $5.36, or 5.3 percent, to $96.70.

Goodrich Corp. stock shed $2.12, or 3.4 percent, to $59.79. Goodrich is based in Charlotte, N.C.

Shares of Waltham, Mass.-based Raytheon Co. slid $1.34 to $63.20.

General Dynamics Corp. of Falls Church, Va., which slid 31 cents, to $85.04.

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This page contains a single entry by Muhammed El-Hasan published on March 19, 2008 1:56 PM.

Boeing Tries to Overturn Tanker Deal was the previous entry in this blog.

Another Sign of Recession is the next entry in this blog.

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About Biz Waves

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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