Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of RTI International Metals (NYSE: RTI) fell 12% today after the company reported earnings.

So what: Continued delays in Boeing's (NYSE: BA) 787 Dreamliner project are putting pressure on the company's results. Still, revenue rose 24% in the fourth quarter to $141.9 million and the company posted a small profit of $15 million, less than a penny per share. The company expects to increase operating income in 2012 to $45 million-$50 million from $27.8 million last year.

Now what: Any company relying heavily on Boeing has to be pulling its hair out over the constant delays. RTI gets 20% of its fabrication unit sales from the Dreamliner, so any delays are going to have a major impact. Long-term, these problems should be remedied, but short-term, I'm not seeing anything that's going to drive the stock higher.

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