Etiket: CAE
The wise investor | A four-star general buys CAE
Every Sunday, we shine the spotlight on elements of financial and stock market news that may be useful to investors, but which might have gone under the radar. Posted at…
Request for collective action | CAE accused of misleading investors
CAE is still caught up in the setbacks of its military division. A legal action accuses the flight simulator and training specialist of having deceived investors by minimizing the extent…
CAE intends to take advantage of global tensions
(Montreal) CAE management remains optimistic about the performance of its defense division over the coming months after it went through some turbulence. Current geopolitical tensions could work in the company’s…
CAE forecasts better days for its defense activities
CAE management remains optimistic about the performance of its defense division in the coming months after it went through some turbulence. Posted at 1:34 p.m. Frédéric Lacroix-Couture The Canadian Press…
Fourth trimester | CAE records a loss of 484.3 million
(Montreal) CAE recorded a loss of 484.3 million in the fourth quarter, compared to profits of 101.9 million a year earlier. Posted at 6:17 p.m. The Montreal-based flight simulator maker…
The wise investor | CAE is losing followers
Every Sunday, we shine the spotlight on elements of financial and stock market news that may be useful to investors, but which might have gone under the radar. Posted at…
Problematic contracts | CAE takes a nosedive because of its military division
CAE plunges into the red due to the setbacks of its military division, which force the specialist in flight simulators and training to record expenses that are close to 700…
The wise investor | Asset manager reduces exposure to CAE
Every Sunday, we shine the spotlight on elements of financial and stock market news that may be useful to investors, but which might have gone under the radar. Posted at…
Military contracts will continue to weigh down CAE, warns its boss
(Montreal) CAE shareholders will have to wait a few more quarters before its old fixed-price military contracts stop eating into its margins. Investors reacted poorly to the news, with the…
The wise investor | Mackenzie buys CAE
Every Sunday, we shine the spotlight on elements of financial and stock market news that may be useful to investors, but which might have gone under the radar. Posted at…
CAE Defense Sector | Budget uncertainty in Washington delays obtaining military contracts
(Montreal) The threat of a budgetary paralysis hanging over the United States is slowing down the recovery of CAE’s defense sector activities, which is banking on obtaining new, more profitable…
CAE sells its healthcare division to an American firm
The flight simulator specialist CAE sells its health division to the American company Madison Industries. The transaction, announced Tuesday, is valued at $311 million. It will allow the Montreal company…
The wise investor | An institutional company reduces its exposure to CAE
Every Sunday, we shine the spotlight on elements of financial and stock market news that may be useful to investors, but which might have gone under the radar Posted at…
CAE stock jumps after better-than-expected earnings release
(Montreal) After experiencing operational challenges due to supply chain and COVID-19 related absences, CAE reassured investors with better than expected results. The stock ended Thursday’s session up 18%. Updated yesterday…
First quarter | The defense sector is hurting CAE
(Montreal) CAE shares fell more than 17% on Wednesday, as the specialist in pilot training and flight simulators took the market by surprise with its difficulties in the military segment.…
CAE wants to train future pilots in electric aircraft
(Montreal) The Montreal specialist in pilot training and simulators CAE wants to train future pilots in electric planes. Updated yesterday at 5:28 p.m. Stephane Rolland The Canadian Press The Montreal-based…
CAE will convert its training fleet to electric
The Montreal specialist in pilot training and simulators CAE wants to train future pilots in electric planes. The company plans to convert two-thirds of its fleet of 200 Piper trainer…
Farnborough Airshow | CAE prepares for recovery with new training centers
With the end of health restrictions in North America, air transport can resume its pre-pandemic growth, but with a small additional stimulus from pent-up demand during the crisis. CAE will…
CAE hopes for recovery | The duty
The revival of civil aviation in Europe and Asia-Pacific would be the next catalyst that will fuel the recovery for CAE, believes its president and chief executive officer, Marc Parent.…
CAE relies on the easing of sanitary measures
(Montreal) The revival of civil aviation in Europe and Asia-Pacific would be the next catalyst that will fuel the recovery for CAE, believes its president and chief executive officer, Marc…