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11:16 AM Sterne Agee says concerns over commercial aerospace companies generating excess capacity are overblown, as Boeing's (BA +0.3%) backlog deferral rates are at trough levels and the growth of the global fleet shows no signs of a slowdown. The firm reiterates its Buy rating on the shares.
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- Monday 11:00 AM EADS (EADSY.PK +0.7%) gains on an upgrade to Buy on valuation at UBS on the back its solid Q1 earnings result last week. [On the Move]
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