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Stock Market & Financial Investment News

News Breaks
July 14, 2014
15:51 EDTTGI, EADSYTriumph to benefit from Airbus A330neo, says Credit Suisse
Credit Suisse views the re-engining of the A330 platform by Airbus (EADSY) as most beneficial for Triumph Group (TGI) among the airline suppliers that the firm covers. The firm has an Outperform rating and $88 price target on Triumph.
News For TGI;EADSY From The Last 14 Days
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October 31, 2014
09:27 EDTEADSYWestern Power Distribution, Airbus enter purchase agreement
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October 30, 2014
10:46 EDTEADSYUnited Technologies unit pulls out of $3B Polish helicopter tender, Reuters says
Sikorsky Aircraft, a unit of United Technologies (UTX), which was competing with Airbus (EADSY) and Finmeccanica's AugustaWestland, has withdrawn from the bidding for a $3B contract to supply helicopters to the Polish military because it would have been impossible for them to deliver their Black Hawk copters according to the tender requirements, reported Reuters, citing a statement from the company. Reference Link
October 29, 2014
19:08 EDTTGITriumph Group reaffirms FY15 ex-items EPS guidance $5.75-$5.90, consensus $5.84
The company reaffirmed its FY15 revenue guidance of $3.8B-$3.9B, consensus $3.85B.
19:06 EDTTGITriumph Group reports Q2 ex-items EPS $1.42, consensus $1.42
Reports Q2 revenue $994.1M, consensus $967.99M.
16:53 EDTTGITriumph Group awarded $250M contract to provide components for Gulfstream
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06:26 EDTEADSYAirbus aims to launch first U.S. plant with bigger A321 plane, Reuters says
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06:18 EDTEADSYAirbus Defense, Space, TASL bid for Indian Air Force Avro replacement program
Airbus Defence and Space and Tata Advanced Systems have submitted a joint bid to replace the Indian Air Force's fleet of Avro aircraft with the Airbus C295 medium transport. The teaming follows an industrial assessment and stringent evaluation of the Indian private aerospace sector by Airbus Defence and Space, which concluded with the selection of Tata Advanced Systems as the Indian Production Agency exclusive partner for this program. A total of 56 Avro aircraft are to be replaced. In the event of contract award, Airbus Defence and Space will supply the first 16 aircraft in ‘fly-away’ condition from its own final assembly line. The subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems in India. This will include undertaking structural assembly, final aircraft assembly, systems integration and testing, and management of the indigenous supply chain. Reference Link
06:15 EDTEADSYAirbus Defense, Space signs cooperation agreement with DCNS
As part of the 2014 Euronaval exhibition, Airbus Defence and Space and DCNS signed a cooperation agreement on October 28 in Paris to develop a ship-based helicopter UAS capability. This technological partnership will help to speed up the market release of the TANAN vertical take-off and landing tactical helicopter UAS, as it takes into account the naval sector’s requirements and the aircraft’s efficient integration onto all types of armed vessels from the outset. Airbus Defence and Space will produce the entire certified unmanned aerial system, the vehicle with its payloads, the datalink and the UAS control station. Reference Link
October 22, 2014
13:44 EDTEADSYTerna receives two Airbus Helicopters AS350 B3e rotocraft
Terna has taken delivery of two Airbus Helicopters AS350 B3e rotorcraft to perform surveillance and maintenance support for power lines that deliver electricity throughout the country. These two Ecureuil family helicopters were delivered by Airbus Helicopter’s long term Italian distributor, Aersud Elicotteri, who won Terna’s tender and will retrofit some of the equipment required by the customer. The new aircraft provide Terna with its own resources to conduct airborne operations, enabling the company to provide such services rather than relying on subcontractors.
13:43 EDTEADSYThai navy, air force acquires five EC645 T2, two EC725 rotocrafts from Airbus
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06:55 EDTEADSYAirbus aims to replace Boeing 757 with long-haul A321neo, Reuters says
In an effort to replace with Boeing's (BA) discontinued 757 jetliner, Airbus (EADSY) has started offering carriers a long-haul model of its A321neo aircraft, according to Reuters, citing comments from an Airbus representative. Reference Link
06:51 EDTEADSYAirbus China head sees helicopters as largest market in 6 years, Reuters says
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October 21, 2014
08:02 EDTEADSYKaman unit awarded LTA by Rolls-Royce
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October 20, 2014
06:10 EDTEADSYLufthansa publishes timetable in response to VC planned strike
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October 17, 2014
08:53 EDTTGITriumph Group acquires North American Aircraft Services
Triumph Group announced the acquisition of North American Aircraft Services. The acquired business will operate as Triumph Aviation Services, NAAS Division and be included in the Aftermarket Services Group. The business is expected to add approximately $35M in annual revenue and to be immediately accretive to earnings.
06:03 EDTEADSYAirbus cuts production rate of A330 aircrafts to 9 from 10 per month
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