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Stock Market & Financial Investment News

News Breaks
May 5, 2014
07:47 EDTSPRSpirit AeroSystems price target raised to $36 from $32 at Canaccord
Canaccord raised its price target on Spirit AeroSystems following clean Q1 results. The firm cited impressive sales growth, improved margins, and increased confidence in 2014 opportunity. Shares are Buy rated.
News For SPR From The Last 14 Days
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July 29, 2015
07:40 EDTSPRSpirit AeroSystems reports Q2-end backlog $47B
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07:35 EDTSPRSpirit AeroSystems backs FY15 EPS view $3.60-$3.80, consensus $3.88
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07:32 EDTSPRSpirit AeroSystems reports Q2 adjusted EPS $1.09, consensus $1.97
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July 27, 2015
07:31 EDTSPRSpirit AeroSystems Q2 results should support upside expectations, says Canaccord
Canaccord previewed Spirit AeroSystems Q2 results and expects them to be strong enough to support long-term cash upside and near-term margin upside. The firm remains bullish on the commercial aerospace cycle and expects the results to be a positive catalyst for the stock. Canaccord reiterated its Buy rating and $60 price target on Spirit AeroSystems shares.
July 15, 2015
07:55 EDTSPRSpirit AeroSystems agrees to acquire three hotels for $42.5M
Supertel Hospitality announced that it has signed agreements to acquire three, premium-branded hotels in an off-market transaction for $42.5M. The properties are the 116-room SpringHill Suites by Marriott, San Antonio, Texas, the 142-room Hotel Indigo adjacent to the Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, and the 120-room Courtyard by Marriott in Jacksonville, Florida. The acquisitions are subject to completion of satisfactory due diligence and financing. The transactions are expected to close in 2015 during Q3 and are projected to be accretive to Q4 results.

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