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Stock Market & Financial Investment News

News For LMIA From The Last 14 Days
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January 16, 2015
07:31 EDTLMIALMI Aerospace appoints Jennifer Alfaro as Chief Human Resources Officer
LMI Aerospace announced that Jennifer Alfaro will join the company as its Chief Human Resources Officer, effective February 2. Alfaro joins LMI Aerospace to fill the vacancy left in October by the departure of prior vice president of Human Resources & Organizational Development. Alfaro most recently worked for the Aerospace Solutions Division of KLX Inc., as the Vice President, Human Resources.
January 15, 2015
10:29 EDTLMIARockwell Collins outlook assumes zero for Learjet 85, says Wells Fargo
After Bombardier (BDRBF) announced it will 'pause' development of its all-composite Learjet-85 business jet due to weak demand, Wells Fargo points out that Rockwell Collins (COL) supplies the Learjet 85's avionics. Wells finds it unclear if Bombardier's decision will trigger any impairment for Rockwell, but notes the company already stated its FY15 revenue guidance assumes zero for Learjet 85. The firm adds United Technologies unit Pratt & Whitney Canada supplies the Learjet 85's engines while LMI Aerospace (LMIA) takes part in the plane's engineering. Wells estimates about 3% of LMI's recent sales have been tied to Learjet 85 development.

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