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Stock Market & Financial Investment News

News Breaks
July 16, 2014
07:35 EDTRYCEY, CIT, EADSYCIT Group, Rolls-Royce finalize agreement for Trent 7000 engines for A330-900neo
CIT Group (CIT) and Rolls-Royce (RYCEY) announced from the Farnborough International Air Show that they signed a definitive agreement for 15 shipsets of Trent 7000 engines to power CITís recent order of 15 Airbus (EADSY) A330-900neo family aircraft. Deliveries are initially scheduled to begin in 2018.
News For CIT;RYCEY;EADSY From The Last 14 Days
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January 28, 2015
07:40 EDTCITCIT Group shares still attractive, says Oppenheimer
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06:22 EDTEADSYAirbus CEO promises "management consequences" after A400M delays, FT says
Airbus CEO Tom Enders promised "management consequences" within the company after further delays delivering its A400M military plane, reports the Financial Times, citing a speech given to U.K. government and military officials. The U.K. has ordered 22 planes in total, and Enders vowed to deliver seven of those to the Royal Air Force by late 2015. Germany is demanding penalty payments over deficiencies in the A400M already delivered to them, and the Financial Times notes that Airbus' defense and space division and its Spanish division are likely candidates for leadership changes. Reference Link
January 27, 2015
15:01 EDTCITCIT Group management to meet with Evercore ISI
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06:34 EDTCITCIT Group reports Q4 EPS $1.37, consensus 95c
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January 21, 2015
09:04 EDTEADSYEmirates to buy 100 Airbus A380 if engine receives upgrade, Bloomberg says
Emirates has committed to buying 100 more Airbus A380 planes on the condition that the company upgrades its engines, reports Bloomberg. The offer comes as new A380 orders crawled to a halt in 2014 and Airbus focuses on its new A350 wide-body. The development of the new "Neo" engines would cut seat-mile costs by 10%-13%. Reference Link
January 20, 2015
06:48 EDTRYCEYGE financing A350 jet with Rolls-Royce engine, Reuters reports
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