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Stock Market & Financial Investment News

News Breaks
February 27, 2014
08:32 EDTEADSY, EACErickson Air-Crane, Airbus Helicopters sign MOU
Erickson Air-Crane Incorporated (EAC) announced the signing of a Memorandum of Understanding with Airbus Helicopters (EADSY) to explore opportunities in the following areas: (1) Support of Erickson fleet by Airbus Helicopters; (2) Optimization of Airbus Helicopters aircraft within the Erickson fleet; (3) Expansion into new markets; and (4) Industrial partnerships, including Erickson expanding its MRO, manufacturing, and engineering capabilities to support Airbus platforms. The Company noted that this agreement aligns well with Erickson’s strategic plan and broadened scope as related to 2013’s acquisitions of Evergreen Helicopters and Air Amazonia.
News For EAC;EADSY From The Last 14 Days
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August 19, 2014
16:45 EDTEADSYBombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
August 18, 2014
17:27 EDTEACColiseum Capital reports 5.9% passive stake in Erickson
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August 10, 2014
20:27 EDTEADSYEngine fire on JetBlue Airbus A321 single aisle jet forces evacuation, WSJ says
A JetBlue (JBLU) Airbus (EADSY) A321 single aisle jet had to land and evacuate its passengers on a flight from San Juan, Puerto Rico, after its left engine caught on fire, says the Wall Street Journal. Reference Link
August 8, 2014
10:00 EDTEACOn The Fly: Analyst Downgrade Summary
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09:28 EDTEACErickson price target lowered to $20 from $28 at DA Davidson
DA Davidson cut its price target on Erickson after the company reported lower than expected Q2 EPS. The firm thinks the company continues to face near-term headwinds and expects the stock to be weak today. However, it thinks new contract announcements could provide a catalyst for the shares and keeps a Buy rating.
08:06 EDTEACErickson downgraded to Hold from Buy at Craig-Hallum

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