Boeing gets record orders in 2006
New York: Boeing Company has secured a record 1,044 net commercial airplane orders last year, the company said. The net orders received last year went up from 1,002 in 2005, setting records for two years in succession, it said.
Gross orders in 2006, which exclude cancellations and conversions, totalled 1,050. It recorded 1,029 gross orders in 2005.

For the second year in a row, Boeing 727 medium haul plane has been the most popular with company receiving orders for 729 planes, up by 569 in 2005. Boeing has also had strong year across the board in twin-aisle commercial planes, getting 157 orders for 787 Dreamliner, 76 for 777s, 10 for 767s and 72 for 747s.

In 2006, the company said it received orders from 76 different customers, including passenger airlines, cargo carriers, leasing companies, and private customers.
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Motorola Inc issues profit warning
New York: Motorola Inc has issued a profit warning signaling a tough 2007 for cell phone makers who are increasingly dependent on competitive emerging markets for growth as the rest of the world is slowing down.

Officials forecast that growth in handset sales would slow to around 15 percent this year compared with the 20 percent and above growth rates the industry has enjoyed in recent years.

Motorola said it would report worse-than-expected fourth-quarter 2006 sales and earnings because of an unfavorable geographic and product mix.

The news pushed Motorola's shares down 7.8 per cent by the close on Friday, its biggest one-day drop in four years. Nokia's US shares fell 5 per cent.
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