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Stock Market & Financial Investment News

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March 11, 2013
17:26 EDTPLL, ERJPall Corp signs 30 year agreement to supply Embraer with KC-390 manifolds
Pall Corporation (PLL) has signed a 30-year agreement with Brazilian aerospace innovator Embraer (ERJ) to supply hydraulic filter manifolds and assemblies for KC-390 aircraft. The Embraer KC-390 is a medium-size military jet under development that relies on a sophisticated “fly-by-wire” (electronic) flight control system. The Pall filter manifolds will purify the pressurized hydraulic fluids that power the KC-390’s flight control systems, cargo door, and landing gears against contamination, thereby enhancing aircraft reliability. The first shipments are expected by the end of 2013.
News For PLL;ERJ From The Last 14 Days
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July 31, 2014
06:18 EDTERJEmbraer reports Q2 EPS 60.4c, consensus 62c
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July 24, 2014
13:55 EDTERJAmerican Airlines sees both Q3, Q4 CASM up 1%-3%
American Airlines (AAL) plans to retire 24 Embraer (ERJ) E140s by the end of this year. Says reduced international capacity plans for FY14. Says international capacity expected to be up 5%, which is down 1% from previous guidance. Sees FY14 international mainline capacity up 2.5%. Says sees regional capacity seen to be up 1% for the year. Sees mainline domestic capacity up 1% in FY14. Sees FY14 CASM up 2%-4% year over year. Sees 10.5%-12.5% pretax margin for FY14. Says FY15 CASM will grow less than inflation and be in the range of up 1% to down 1%.Says still feels "quite good" about global demand environment. Comments made during the company's Q2 earnings conference call.
July 17, 2014
13:06 EDTERJEmbraer foresees executive jet demand to improve in China, Reuters says
Embraer CEO Frederico Curado said that China's demand for executive jets is stabilizing after it was unsteady earlier in FY14 and should experience a more robust recovery in the future, according to Reuters, citing comments from Curado. Reference Link
11:34 EDTERJEmbraer signs agreement with China for 60 E-190s, Reuters says
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