Safran shares jump on solid third quarter result, Boeing gets 50 orders – Suppliers Share Wrap
French aerospace group Safran's shares closed 5.5% higher, following the company’s better than expected 3Q2010 result. The company’s revenue rose 8.8% in the quarter, mostly as a result of acquisitions, although its aerospace propulsion business – accounting for more than half of total revenue – saw sales fall 1.1%.
