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Boeing posts solid Q4 profit but stumbles on jet delivery forecast

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Deliveries will taper this year as Boeing halves output of its iconic 747 jets and begins manufacturing a new version of the 737.

Washington

BOEING Co fell the most in 14 years after its forecast for declining jetliner deliveries and less-than-expected profit caught analysts off guard and stoked concerns that demand for new planes is waning amid global economic turmoil.

The company was the worst performer