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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jerome who wrote (1980)9/26/2014 3:40:26 PM
From: Kirk ©1 Recommendation

Recommended By
Paxb2u

  Respond to of 26875
 
I think earnings will be good.

Warfare always evolves, usually as fast as technology evolves. It changed with the American Revolution when rebels hid in trees and didn't line up like "gentlemen" to shot at the superior force with canon in an easy to hit straight line. Castles and walled cities worked well until canon with exploding balls came along. The next evolution could come when the crazies in the ME travel to Africa to get infected with Ebola then walk around London, Paris, NY, Washington DC, LA and SF taking subways and trains to spread the disease... then all the tech spending to concentrate people (Uber, Lyft, etc.) will make those companies drop like a rock as those who love crowds leave again for the suburbs. .



To: Jerome who wrote (1980)9/30/2014 10:51:02 AM
From: Kirk ©  Read Replies (1) | Respond to of 26875
 
more jobs moving

Boeing to shift most defense work out of Washington state

(Reuters) - Boeing Co on Monday said it would move the majority of its defense services and support work out of Washington state to other U.S. cities, affecting the jobs of about 2,000 of its 5,200 defense employees in the Puget Sound region.
...
Boeing said most of the work would be relocated to Oklahoma City and St. Louis, where similar activities are done already, with a smaller share of the work to go to Jacksonville, Florida, and Patuxent River, Maryland.

In all, Oklahoma City could add about 900 jobs, while St. Louis could add 500 jobs, the company said.
...

Boeing has sought to cut overhead costs in its defense business to help offset revenue dragged lower by declining military spending.
..

Boeing is moving to cut $2 billion in costs from its defense business, in addition to the $4 billion in reductions announced in recent years in response to dwindling U.S. defense spending and increasing competition.
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Defense analyst Loren Thompson said Boeing's plan to move as many of the defense jobs as possible to its booming commercial operations would reduce the overall impact to the Washington state workforce. "The net job loss will be less than 1 percent," Thompson said.