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Stock Market & Financial Investment News

News Breaks
August 1, 2014
06:46 EDTERJEmbraer CEO anticipates more U.S. orders in FY15, Reuters says
Embraer CEO Frederico Curado said during the company's earnings conference call that he anticipates more new regional jet orders from the U.S. in FY15 due to the eager acceptance of E-175 planes delivered there recently, according to Reuters, citing comments from Curado. Reference Link
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February 23, 2015
06:51 EDTERJAerospace sector downgraded to Neutral from Attractive at Goldman
Goldman downgraded the Aerospace sector to Neutral based on group outperformance and increased downside risks. The firm believes Boeing (BA) and Airbus are now oversupplying the market after a decade of undersupply and replacement demand required to sustain production may prove difficult to achieve. Goldman said accelerated new aircraft replacements was partially due to fuel economics and lower fuel prices and global growth volatility could substantially change Aerospace dynamics. As part of the sector view change, Goldman downgraded Boeing to Sell from Neutral and Precision Castparts (PCP) to Natural from Buy.

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