From Reuters via the Los Angeles Times (link)
Boeing Co. shares rallied to a record high Monday on optimism that Chinese airlines could agree to buy 80 single-aisle 737 jets that they have been in talks to acquire since last year.
Boeing shares closed up $1.22 to $80.79, after touching a record $80.92 earlier in the day.
The rally in the shares came a day before a scheduled signing ceremony between Boeing and Chinese officials at the U.S. Commerce Department. A Boeing spokesman confirmed that the top U.S. plane maker expected to issue a statement today.
