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Stock Market & Financial Investment News

News Breaks
March 4, 2014
09:46 EDTJBTJBT Corporation wins $5M gate equipment order for O.R. Tambo Airport
JBT Corporation announced that its JBT AeroTech business has been awarded a contract valued in excess of $5M for the supply of gate equipment to O.R. Tambo International Airport in Johannesburg, South Africa. The contract with Airports Company South Africa includes the supply of Jetway passenger boarding bridges as part of the airport's ongoing terminal infrastructure updates. JBT AeroTech anticipates the project to be completed by 4Q15.
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August 19, 2014
09:04 EDTJBTJBT business awarded $6M contract for Atlanta airport project
JBT announced that its JBT AeroTech business has been awarded a contract exceeding $6M to supply gate equipment for the Atlanta Hartsfield International Airport Concourse T Optimization project. The order, placed by the Winter Johnson Group, includes Jetway passenger boarding bridges, JetAire preconditioned air units and Jetpower 400 Hz ground power devices. JBT AeroTech anticipates installing the equipment beginning in the Q3 with completion in late Q4.
August 6, 2014
17:48 EDTJBTJBT Corporation raises 2014 adjusted EPS view to $1.45-$1.55 from $1.35-$1.50
Still sees 2014 revenue growth in mid-single digits. Now expects total segment operating margin to improve slightly vs. 2013. The company expects full-year corporate expense to be greater than previously estimated. Corporate expense is projected to be closer to the upper end of the previously communicated range of $25M-$27M. Anticipated savings of over $3M from restructuring actions and an additional $3M in benefits from operational excellence initiatives for the year will fund planned spending on the company's strategic initiatives.
17:45 EDTJBTJBT Corporation reports Q2 EPS 45c, consensus 35c
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