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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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January 29, 2015
12:54 EDTTGIOn The Fly: Midday Wrap
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11:50 EDTTGITriumph Group tumbles following results, levels to watch
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08:39 EDTEADSYAirbus announces resignation of head of Military Aircraft business unit
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January 28, 2015
19:30 EDTTGITriumph Group sees FY15 revenue approximately $3.9B, consensus $3.89B
Based on current projected aircraft production rates, Triumph Group expects revenue for FY15 to be approximately $3.9B. The company expects to generate free cash flow available for debt reduction, acquisitions and share repurchases after pension contributions for FY15 of approximately $300.0M.
19:29 EDTTGITriumph Group sees Q4 EPS $1.70, consensus $1.71
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19:26 EDTTGITriumph Group reports Q3 EPS $1.42, consensus $1.48
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06:22 EDTEADSYAirbus CEO promises "management consequences" after A400M delays, FT says
Airbus CEO Tom Enders promised "management consequences" within the company after further delays delivering its A400M military plane, reports the Financial Times, citing a speech given to U.K. government and military officials. The U.K. has ordered 22 planes in total, and Enders vowed to deliver seven of those to the Royal Air Force by late 2015. Germany is demanding penalty payments over deficiencies in the A400M already delivered to them, and the Financial Times notes that Airbus' defense and space division and its Spanish division are likely candidates for leadership changes. Reference Link
January 26, 2015
10:00 EDTTGIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Axle (AXL) upgraded to Overweight from Neutral at JPMorgan... Bed Bath & Beyond (BBBY) upgraded to Outperform from Perform at Oppenheimer... DRDGOLD (DRD) upgraded to Neutral from Underweight at JPMorgan... DealerTrack (TRAK) upgraded to Buy from Hold at Stifel... DreamWorks Animation (DWA) upgraded to Buy from Neutral at B. Riley... First Niagara (FNFG) upgraded to Buy from Hold at Jefferies... Fortinet (FTNT) upgraded to Buy from Neutral at Citigroup... Garmin (GRMN) upgraded at RBC Capital... Harmony Gold (HMY) upgraded to Overweight from Neutral at JPMorgan... Invesco (IVZ) upgraded to Positive from Neutral at Susquehanna... Kansas City Southern (KSU) upgraded at Raymond James... McDonald's (MCD) upgraded to Overweight from Equal Weight at Stephens... Melco Crown (MPEL) upgraded to Buy from Hold at Union Gaming... Monro Muffler (MNRO) upgraded to Neutral from Reduce at SunTrust... Pier 1 Imports (PIR) upgraded to Outperform from Perform at Oppenheimer... Piper Jaffray (PJC) upgraded to Neutral from Underperform at Macquarie... Randgold (GOLD) upgraded to Overweight from Neutral at JPMorgan... Rockwell Collins (COL) upgraded to Buy from Hold at Argus... Telefonica (TEF) upgraded to Neutral from Underperform at BofA/Merrill... Triumph Group (TGI) upgraded at RBC Capital... Unilever (UL) upgraded to Buy from Underperform at BofA/Merrill... WWE (WWE) upgraded to Neutral from Underperform at Macquarie.
07:06 EDTTGITriumph Group upgraded at RBC Capital
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06:23 EDTTGITriumph Group upgraded to Sector Perform from Underperform at RBC Capital
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January 21, 2015
09:04 EDTEADSYEmirates to buy 100 Airbus A380 if engine receives upgrade, Bloomberg says
Emirates has committed to buying 100 more Airbus A380 planes on the condition that the company upgrades its engines, reports Bloomberg. The offer comes as new A380 orders crawled to a halt in 2014 and Airbus focuses on its new A350 wide-body. The development of the new "Neo" engines would cut seat-mile costs by 10%-13%. Reference Link
January 16, 2015
15:42 EDTTGIAir Industries names Jim Sartori as Chief Accounting Officer
On January 15, Scott Glassman resigned as the Chief Accounting Officer of Air Industries Group (AIRI) and Jim Sartori was appointed as his successor. Sartori joined the company in September 2014. From May 2008 until August 2014, Sartori was employed as Controller of Triumph Structures Long Island, a subsidiary of Triumph Group (TGI), a manufacturer of structural and dynamic parts and assemblies for commercial and military aerospace programs.

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