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Stock Market & Financial Investment News

News Breaks
March 14, 2013
13:25 EDTERJEmbraer reported good operating results, says Imperial Capital
After Embraer reported lower than expected Q4 EPS, Imperial Capital believes that the miss was mostly caused by a higher than expected tax rate. The firm expects the company to receive many more orders for its E-jets and it raised its target on the shares to $40 from $35 while maintaining an Outperform rating.
News For ERJ From The Last 14 Days
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November 25, 2014
08:48 EDTERJEmbraer and SkyWest confirm $301M order for seven E175 jets
Embraer (ERJ) and SkyWest (SKYW), have confirmed a firm order for seven E175 jets. The aircraft will be flown by SkyWest Airlines under a Capacity Purchase Agreement, or CPA with Alaska Airlines. The value of the firm order, which will be included in Embraer's 2014 fourth-quarter backlog, is estimated at $301M based on 2014 list prices. These aircraft are part of SkyWest's previous order for 100, E175 current generation E-Jets with an additional 100 options placed in May 2013, taking the firm order number to a total of 47.
November 17, 2014
18:25 EDTERJSkyWest sees Q4 pre-tax charge of $55M-$70M
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November 14, 2014
07:44 EDTERJEmbraer management to meet with UBS
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