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Stock Market & Financial Investment News

News Breaks
February 14, 2014
08:43 EDTSI, DDAIF, EADSYAirbus buying regional bank, Bloomberg reports
Airbus Group is buying Salzburg Muenchen Bank from the Raiffeisenverband Salzburg cooperative for an undisclosed sum with plans to create an in-house bank, reports Bloomberg. The plane maker is following companies like Daimler (DDAIF) and Siemens (SI) who provide financial services for customers. Reference Link
News For EADSY;DDAIF;SI From The Last 14 Days
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December 16, 2014
10:52 EDTEADSYAirbus says Tom Williams to succeed Günter Butschek as COO
The Board of Directors of Airbus Group has approved the following top management appointments as proposed by Airbus Group CEO Tom Enders and Airbus CEO Fabrice Brégier, effective as of January 1, 2015. Tom Williams, presently EVP Programmes at Airbus, will succeed Günter Butschek as Airbus COO and will become a member of the Group Executive Committee of Airbus Group. Butschek has decided to leave the Group at the end of 2014 in order to pursue other career opportunities. Didier Evrard, currently Head of the A350 XWB programme, will succeed Williams and in this new function will become a member of the Executive Committee of Airbus. He remains A350 XWB programme director until his successor is appointed. Klaus Richter, Chief Procurement Officer of Airbus and Airbus Group, has been promoted to become a member of the Group Executive Committee of Airbus Group.
08:49 EDTEADSYBernstein aerospace and defense analyst holds analyst/industry conference call
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December 11, 2014
06:51 EDTEADSYEmirates airline head urges Airbus not to scrap A380, Reuters reports
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06:22 EDTEADSYAirbus sees upgrading A380 super-jumbo eventually, WSJ reports
Airbus Group is planning to eventually upgrade the A380 super-jumbo with new new engines and add more customers, Fabrice Brégier, the head of commercial jets for the group, says, The Wall Street Journal reports. CFO Harald Wilhelm previously commented that the super-jumbo program will break-even in 2015 and stay there until about 2018, at which time Airbus could upgrade the jet, stay the course or discontinue building the plane. Reference Link
December 9, 2014
06:22 EDTEADSYBoeing sees strong demand for commercial airplanes in 2015
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