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Boeing rises after disclosing $3.1 million FAA penalty payment

Boeing (BA) climbed about 0.4% to $211.40 after investors learned it paid a previously undisclosed $3.1 million Federal Aviation Administration penalty tied to alleged safety and production violations.

BA

Boeing NYSE:BA, the aircraft manufacturing giant, climbed approximately 0.4% to $211.40 Friday even after investors learned it paid a previously undisclosed $3.1 million Federal Aviation Administration penalty.

The payment settled alleged safety and production violations uncovered between September…