Monday, December 12, 2011

Stock Alert - Diamond Foods' (DMND -2.6%), Boeing (BA)- -1.1% - 12/12/11

The confusion continues over Diamond Foods' (DMND -2.6%) accounting scandal: Diamond said a large payment to walnut growers in September was an advance on their 2011 crop, but three growers say they told the company they didn't plan to deliver their 2011 crops and were told to cash the checks as top-ups for their 2010 deliveries.

Boeing (BA) announces that it lined up an order from Etihad Airways for ten 787 Dreamliners and two 777 Freighters in a deal valued at $2.8B. The UAE carrier expects to take delivery of the aircraft starting in 2014. Shares of BA -1.1% premarket

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