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Stock Market & Financial Investment News

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February 4, 2013
17:06 EDTERJEmbraer sees FY13 net revenues $5.9B-$6.4B, consensus $6.25B
In 2013, Embraer expects to deliver 90 to 95 commercial jets, 80 to 90 light executive jets and 25 to 30 large executive jets. The company expects to achieve an EBIT margin between 9%-9.5%, from $530M-$610M, and therefore the EBITDA margin is expected to stay between 13%-14%, from $770M-$900M. Total 2013 Investment is expected to be $580M, of which research will represent $100M. Product development $300M and CAPEX $180M.
News For ERJ From The Last 14 Days
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September 24, 2014
07:32 EDTERJEmbraer faces criminal charges against Brazilian authorities, WSJ says
Embraer is up against criminal action charges after Brazilian authorities accused eight company employees of bribing officials in the Dominican Republic in exchange for a $92M agreement to supply attack planes to the country's military, according to The Wall Street Journal, citing the criminal complaint. Reference Link
September 23, 2014
08:38 EDTERJBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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September 17, 2014
07:06 EDTERJEmbraer and Republic Airways sign a contract for 50 firm E175 jets
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05:22 EDTERJRepublic Airways acquires 50 new Embraer E175 aircraft
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