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Stock Market & Financial Investment News

News Breaks
May 5, 2014
06:06 EDTBEAVBE Aerospace deal would have to be 'rather creative,' says Deutsche Bank
Deutsche Bank said it struggles to find strategic alternatives that would be value-enhancing for BE Aerospace (BEAV) after the company postponed its investor meeting to look into potential deals. Deutsche points out BE Aerospace's valuation is the second highest in its coverage universe, which it believes makes an outright acquisition less attractive. The firm thinks any deal, if consummated, would have to be "rather creative" and it keeps a Hold rating on the stock.
News For BEAV From The Last 14 Days
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September 24, 2015
15:48 EDTBEAVBE Aerospace may become AA vendor amid rival's struggles, RGN says
American Airlines (AAL) is seeking a new vendor to supply business class seats for its Boeing (BA) 787-9 aircraft and 777-200 retrofit aircraft, after struggling with "chronic delays" from seat vendor Zodiac Aerospace, according to Runway Girl Network, citing an airline spokeswoman. Competitor B/E Aerospace (BEAV) had previously said it expected to pick up new business as a result of the Zodiac delays, but Runway Girl Network noted that it was not clear if B/E Aerospace would win American Airlines' new business. Reference Link

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