Boeing authorized a $10 billion share buyback, and said it would raise its dividend by 50 percent to 73 cents a share, the company said Monday.
Shares jumped 1.83 percent in the after-hour trade after the announcement. (What's the stock doing now?)
(Read more: Boeing hits all-time highs despite union rejection)
The $10 billion buyback is on top of the $800 million remaining from a 2007 stock repurchase. Boeing's management plans to buy back shares in the next two or three years.
FedEx is increasing rates in North America for express, ground and freight services effective Jan. 5.
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Orbitz says it reached an agreement that will allow it to continue selling American Airlines and US Airways tickets on its sites.
Morgan Stanley is exiting one commodity business to get into another: the increasingly hot nat gas export sector.