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Stock Market & Financial Investment News

News Breaks
January 14, 2013
16:05 EDTEACErickson Air-Crane signs helicopter services contract worth $11M-$14M
Erickson Air-Crane Incorporated has signed a contract with oil and gas company Pacific Rubiales Energy to provide heavy lift helicopter services in central Peru. Operations commenced on January 2, and will last for a minimum of 12 months. The contract has a value of between $11M-$14M, depending on total flight hours completed.
News For EAC From The Last 14 Days
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August 18, 2014
17:27 EDTEACColiseum Capital reports 5.9% passive stake in Erickson
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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
August 7, 2014
17:11 EDTEACErickson cites softness in legacy Aircrane business for reduced FY14 outlook
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17:09 EDTEACErickson cuts FY14 adjusted EPS to 35c-75c from 95c-$1.35, consensus $1.08
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17:06 EDTEACErickson lowers FY14 outlook
17:05 EDTEACErickson reports Q2 adjusted EPS (27c), may not compare to consensus 13c
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