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US SEC probing Boeing's accounting: report

Investigation said to involve projection of long-term profitability for Dreamliner, 747

Published Fri, Feb 12, 2016 · 09:50 PM
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Seattle

THE US Securities and Exchange Commission (SEC) is investigating whether Boeing Co properly accounted for the costs and expected sales of two of its best-known jetliners, Bloomberg reported on Thursday.

The investigation involves Boeing's projection of long-term profitability for its 787 Dreamliner and 747 jumbo aircraft, Bloomberg said, citing people with knowledge of the matter.

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