Broker Center sponsored links

Fuji Heavy says long Boeing strike could hurt

Mon Sep 8, 2008 12:38am EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

TOKYO, Sept 8 (Reuters) - Japan's Fuji Heavy Industries Ltd (7270.T: Quote, Profile, Research, Stock Buzz) said on Monday a prolonged strike at Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) could hurt its aircraft business, which supplies the centre wing box for the 777 and 737 aircraft.

"We do good business, especially for the 777," a spokesman said. "Right now we're waiting for information from Boeing, but if this lasts one, two weeks, it would have some impact."

Fuji Heavy's shares were up 1.5 percent at 614 yen at 0436 GMT, underperforming a 4 percent rise in Tokyo's TOPIX index .TOPX. (Reporting by Chang-Ran Kim)

 
A customer looks at televisions for sale at a store which buys and sells second-hand items in Madrid October 9, 2008. REUTERS/Andrea Comas
Bracing for a brutal year

The media industry, fresh off a bruising 2008, is preparing for an even more brutal 2009 as the slump in advertising, fall in consumer spending and financial crisis show no signs of easing.  Full Coverage 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended
The global destination for corporate leaders, deal-makers and innovators