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A jury has ordered Boeing Co.'s satellite division to pay at least $370 million for breaching a contract to build and launch satellites for a communications company headed by cellular phone pioneer Craig McCaw.

Boeing Co., the world's No. 2 commercial airplane maker, said Wednesday its third-quarter earnings plummeted 38 percent as a strike and supplier production problems hurt results.

CAMBRIDGE, MA (MARKET WIRE) NSR today released its latest market research and forecast report: "Indian Satellite Markets." Focused exclusively on the emerging Indian economy and specifically on the market for satellite capacity and services in the country, the report reviews the major industries such as Video Broadcasting, VSATs and Direct-to-Home contributing to demand for domestic and international satellite capacity across this South Asian country. Data from many companies, across verticals, forms a core of the research, and the report provides Excel data spreadsheets that incorporate the hard numbers for forecasting

Boeing's quarterly results revealed problems with jet production beyond the Machinists strike, among them supply glitches that prevented delivery of 5 to 10 wide-bodies.