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News Breaks | | | | January 31, 2013 | | 07:24 EDT |  | CAE | CAE awaded contracts for seven FFSs, training devices, for over C$95M
CAE announced that it has sold seven full-flight simulators, or FFSs, and a series of training devices and simulator update services. These include the sale of two Airbus A320 FFSs and a Boeing 737 FFS to Shanghai Eastern Flight Training Center; an A320 to the Zhuhai Flight Training Centre; and a Boeing 737 FFS, an Airbus A320 FFS and a Boeing 787 FFS to undisclosed customers. The contracts are valued at more than C$95M at list prices and bring the total FFS sales that CAE has announced to date during FY13 to 30. Two of the FFS orders were signed in the third quarter ended December 31, 2012 and the remaining five in Q4. | |
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News For CAE From The Last 14 Days Check below for free stories on CAE the last two weeks. |
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| May 17, 2013 | | 10:07 EDT |  | CAE | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities. | | | 06:43 EDT | | CAE | CAE downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded CAE Inc citing valuation, lower expectations for near-term Civil margin improvement, and persistent Military budget delays. Price target lowered to $12 from $13. | |
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