JOHNSON CONTROLS TO SELL AIR DISTRIBUTION TECHNOLOGIES BUSINESS TO TRUELINK CAPITAL
- Transaction reinforces Johnson Controls commitment to simplifying and standardizing portfolio as a comprehensive solutions provider for commercial buildings MILWAUKEE , June 18, 2024 /PRNewswire/ -- Johnson Controls (NYSE: JCI), a global leader for smart, healthy and sustainable buildings, today announced it has reached a definitive agreement to sell its Air Distribution Technologies business to Truelink Capital, a middle-market private equity firm based in Los Angeles. "The sale of our Air Distribution Technologies business is the next step as we continue to simplify our portfolio and advance our transformation into a comprehensive solutions provider for commercial buildings," said Johnson Controls Chairman and CEO George Oliver.
- 06/18/2024
|
Here's why Boeing (BA) and Airbus (AIR) shares are falling
- Shares of Boeing (NYSE: BA) and Airbus (EPA: AIR) have been under pressure recently due to a combination of poor sales performance and increasing scrutiny over safety and manufacturing practices. Boeing, in particular, has faced significant challenges, receiving orders for only four new planes in May.
- 06/14/2024
|
AAR expands electronics distribution relationship with OTTO Engineering, Inc.
- WOOD DALE, Ill. , June 13, 2024 /PRNewswire/ -- AAR CORP.
- 06/13/2024
|
AIR Communities Announces Proxy Advisory Firm Glass Lewis Joins ISS in Recommending Stockholders Vote “FOR” Proposed Acquisition by Blackstone Real Estate
- DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (NYSE:AIRC) (“AIR Communities” or the “Company”) today announced that Glass, Lewis & Co. (“Glass Lewis”), another leading independent proxy advisory firm, has joined Institutional Shareholder Services Inc. (“ISS”), in recommending that stockholders vote “FOR” the proposal to approve the previously announced all-cash acquisition of the Company by Blackstone Real Estate Partners X (“Blackstone”), at the Company's upcoming Special Meeting of.
- 06/13/2024
|
Here's Why AAR (AIR) Could be Great Choice for a Bottom Fisher
- AAR (AIR) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
- 06/12/2024
|
Down -9.42% in 4 Weeks, Here's Why AAR (AIR) Looks Ripe for a Turnaround
- AAR (AIR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 06/12/2024
|
AIR Communities Announces Proxy Advisory Firm ISS Recommends Stockholders Vote “FOR” Proposed Acquisition by Blackstone
- DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (NYSE:AIRC) (“AIR Communities” or the “Company”) today announced that a leading independent proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended that stockholders vote “FOR” the previously announced all-cash acquisition of the Company by Blackstone Real Estate Partners X (“Blackstone”), at the Company's upcoming Special Meeting of Stockholders (the “Special Meeting”) scheduled for June 25, 2024, at 10:00 a.m.
- 06/12/2024
|
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
- We have screened bargain stocks MHO, DNOW, FSM, ODP and AIR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
- 06/07/2024
|
Is AAR (AIR) a Solid Growth Stock? 3 Reasons to Think "Yes"
- AAR (AIR) could produce exceptional returns because of its solid growth attributes.
- 06/04/2024
|
Airbus facing supply chain shortages, according to Reuters report
- French aircraft manufacturer Airbus Group (EPA:AIR) is facing significant parts shortages as the company's suppliers struggle to keep up with the rising demand for narrowbody jets, according to a report from Reuters. “Industry sources” warned that Airbus could miss delivery targets on several dozen jets due to bottlenecks in the production process.
- 05/31/2024
|
AAR awarded on the USA TODAY America's Best Climate Leaders 2024 list
- WOOD DALE, Ill. , May 30, 2024 /PRNewswire/ -- AAR CORP.
- 05/30/2024
|
AAR named to Newsweek's America's Greatest Workplaces for Diversity 2024
- This award recognizes AAR's dedication to supporting a diverse workforce and inclusive work environment for the second consecutive year. WOOD DALE, Ill.
- 05/29/2024
|
AAR to participate in the Stifel Cross Sector Insight Conference on June 5, 2024
- WOOD DALE, Ill. , May 23, 2024 /PRNewswire/ -- AAR CORP.
- 05/23/2024
|
Zacks Industry Outlook TransDigm, Heico, Moog and AAR
- TransDigm, Heico, Moog and AAR have been highlighted in this Industry Outlook article.
- 05/22/2024
|
4 Defense Equipment Stocks to Buy Amid Supply Chain Issues
- Valuable mergers and acquisitions, along with a solid air traffic outlook, are expected to boost Zacks Aerospace-Defense Equipment stocks amid supply chain challenges. You may buy TDG, HEI, MOG.A and AIR.
- 05/21/2024
|
Natixis Advisors L.P. Makes New Investment in Apartment Income REIT Corp. (NYSE:AIRC)
- Natixis Advisors L.P. acquired a new stake in Apartment Income REIT Corp. (NYSE:AIRC – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,615 shares of the company’s stock, valued at approximately $368,000. Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Duff & Phelps Investment Management Co. lifted its stake in shares of Apartment Income REIT by 4.0% in the 4th quarter. Duff & Phelps Investment Management Co. now owns 2,443,819 shares of the company’s stock valued at $84,874,000 after purchasing an additional 93,750 shares during the last quarter. Invesco Ltd. increased its position in shares of Apartment Income REIT by 2.4% during the third quarter. Invesco Ltd. now owns 975,323 shares of the company’s stock valued at $29,942,000 after acquiring an additional 22,830 shares during the last quarter. Aew Capital Management L P purchased a new stake in shares of Apartment Income REIT in the 4th quarter valued at approximately $4,072,000. Convergence Investment Partners LLC acquired a new position in shares of Apartment Income REIT in the 4th quarter worth approximately $1,160,000. Finally, Wolverine Asset Management LLC boosted its position in shares of Apartment Income REIT by 353.0% during the 3rd quarter. Wolverine Asset Management LLC now owns 55,317 shares of the company’s stock worth $1,698,000 after purchasing an additional 43,107 shares during the period. 98.13% of the stock is currently owned by institutional investors and hedge funds. Apartment Income REIT Stock Up 0.2 % Apartment Income REIT stock opened at $38.72 on Monday. The stock’s fifty day moving average is $35.75 and its two-hundred day moving average is $33.54. The stock has a market cap of $5.62 billion, a PE ratio of 9.09 and a beta of 0.78. Apartment Income REIT Corp. has a 1-year low of $28.22 and a 1-year high of $38.72. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.63 and a quick ratio of 0.63. Wall Street Analysts Forecast Growth A number of research analysts have commented on AIRC shares. Wedbush restated a “neutral” rating and set a $39.00 price target (up from $35.00) on shares of Apartment Income REIT in a research note on Thursday, April 11th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $34.00 target price on shares of Apartment Income REIT in a research report on Thursday, February 22nd. Janney Montgomery Scott reissued a “neutral” rating on shares of Apartment Income REIT in a research report on Monday, April 8th. Raymond James cut shares of Apartment Income REIT from an “outperform” rating to a “market perform” rating in a report on Monday, March 18th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $39.12 target price (up from $36.00) on shares of Apartment Income REIT in a report on Tuesday, April 9th. Eight equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $36.59. Read Our Latest Research Report on Apartment Income REIT Apartment Income REIT Company Profile (Free Report) Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (REIT). AIR's portfolio comprises 76 communities totaling 27,010 apartment homes located in 10 states and the District of Columbia. AIR offers a simple, predictable business model with focus on what we call the AIR Edge, the cumulative result of our focus on resident selection, satisfaction, and retention, as well as relentless innovation in delivering best-in-class property management.
- 05/20/2024
|
Apartment Income REIT (NYSE:AIRC) & Phillips Edison & Company, Inc. (NASDAQ:PECO) Head-To-Head Survey
- Apartment Income REIT (NYSE:AIRC – Get Free Report) and Phillips Edison & Company, Inc. (NASDAQ:PECO – Get Free Report) are both mid-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, profitability, earnings, institutional ownership, valuation and dividends. Dividends Apartment Income REIT pays an annual dividend of $1.80 per share and has a dividend yield of 4.6%. Phillips Edison & Company, Inc. pays an annual dividend of $1.17 per share and has a dividend yield of 3.6%. Apartment Income REIT pays out 42.3% of its earnings in the form of a dividend. Phillips Edison & Company, Inc. pays out 254.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Phillips Edison & Company, Inc. has raised its dividend for 1 consecutive years. Apartment Income REIT is clearly the better dividend stock, given its higher yield and lower payout ratio. Analyst Recommendations This is a breakdown of recent ratings and target prices for Apartment Income REIT and Phillips Edison & Company, Inc., as provided by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Apartment Income REIT 0 8 1 0 2.11 Phillips Edison & Company, Inc. 1 4 3 0 2.25 Apartment Income REIT currently has a consensus price target of $36.59, suggesting a potential downside of 5.50%. Phillips Edison & Company, Inc. has a consensus price target of $38.14, suggesting a potential upside of 17.00%. Given Phillips Edison & Company, Inc.’s stronger consensus rating and higher probable upside, analysts plainly believe Phillips Edison & Company, Inc. is more favorable than Apartment Income REIT. Profitability This table compares Apartment Income REIT and Phillips Edison & Company, Inc.’s net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Apartment Income REIT 79.54% 25.86% 10.17% Phillips Edison & Company, Inc. 9.33% 2.21% 1.21% Earnings & Valuation This table compares Apartment Income REIT and Phillips Edison & Company, Inc.’s top-line revenue, earnings per share and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Apartment Income REIT $820.04 million 6.85 $635.10 million $4.26 9.09 Phillips Edison & Company, Inc. $610.12 million 6.54 $56.85 million $0.46 70.87 Apartment Income REIT has higher revenue and earnings than Phillips Edison & Company, Inc.. Apartment Income REIT is trading at a lower price-to-earnings ratio than Phillips Edison & Company, Inc., indicating that it is currently the more affordable of the two stocks. Risk and Volatility Apartment Income REIT has a beta of 0.78, meaning that its share price is 22% less volatile than the S&P 500. Comparatively, Phillips Edison & Company, Inc. has a beta of 0.59, meaning that its share price is 41% less volatile than the S&P 500. Insider & Institutional Ownership 98.1% of Apartment Income REIT shares are owned by institutional investors. Comparatively, 80.7% of Phillips Edison & Company, Inc. shares are owned by institutional investors. 1.0% of Apartment Income REIT shares are owned by company insiders. Comparatively, 8.0% of Phillips Edison & Company, Inc. shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term. Summary Apartment Income REIT beats Phillips Edison & Company, Inc. on 11 of the 17 factors compared between the two stocks. About Apartment Income REIT (Get Free Report) Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (REIT). AIR's portfolio comprises 76 communities totaling 27,010 apartment homes located in 10 states and the District of Columbia. AIR offers a simple, predictable business model with focus on what we call the AIR Edge, the cumulative result of our focus on resident selection, satisfaction, and retention, as well as relentless innovation in delivering best-in-class property management. The AIR Edge is a durable operating advantage in driving organic growth, as well as making possible the opportunity for excess returns for properties new to AIR's platform. About Phillips Edison & Company, Inc. (Get Free Report) Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
- 05/20/2024
|
AAR to participate in the Bank of America Transportation, Airlines and Industrials Conference on May 16, 2024
- WOOD DALE, Ill. , May 2, 2024 /PRNewswire/ -- AAR CORP.
- 05/02/2024
|
AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products
- WOOD DALE, Ill. , April 11, 2024 /PRNewswire/ -- AAR CORP.
- 04/11/2024
|
AAR awarded Supplier of the Year by Atlas Air Worldwide
- WOOD DALE, Ill. , April 9, 2024 /PRNewswire/ -- AAR CORP.
- 04/09/2024
|
AAR (AIR) Begins MRO Facility Expansion in Oklahoma City
- AAR's (AIR) recent facility expansion in Oklahoma City enables it to boost its footprint in the commercial aircraft MRO market.
- 04/09/2024
|
AAR breaks ground on MRO facility expansion in Oklahoma City
- The new facility is expected to be operational in early 2026. WOOD DALE, Ill.
- 04/05/2024
|
AAR announces exclusive commercial distribution agreement with TRIUMPH
- WOOD DALE, Ill. , April 4, 2024 /PRNewswire/ -- AAR CORP.
- 04/04/2024
|
AAR Corp. Stock Remains A Buy After Share Price Tumbles
- AAR Corp. stock is trading more than 6% lower after reporting third quarter earnings. The company's stock retreated after announcing an acquisition that would add 13% in sales and 38% in adjusted operating profit. AAR Corp. posted nearly 9% growth in revenues, with sales to commercial customers growing 18% and sales to government customers falling 7%.
- 03/22/2024
|
AAR (AIR) Q3 Earnings Surpass Estimates, Sales Rise Y/Y
- AAR (AIR) generates net sales of $567.3 million in the third quarter, falling short of the Zacks Consensus Estimate by 0.1%. Sales increase 8.9% from the prior-year quarter.
- 03/22/2024
|
AAR Corp. (AIR) Q3 2024 Earnings Call Transcript
- AAR Corp. (AIR) Q3 2024 Earnings Call Transcript
- 03/21/2024
|
AAR (AIR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for AAR (AIR) give a sense of how its business performed in the quarter ended February 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 03/21/2024
|
AAR reports third quarter fiscal year 2024 results
- Record third quarter sales of $567 million, up 9% over the prior year Third quarter GAAP diluted earnings per share from continuing operations of $0.39, compared to $0.62 in Q3 FY2023 Record third quarter adjusted diluted earnings per share from continuing operations of $0.85, up 13% from $0.75 in Q3 FY2023 Third quarter cash flow provided by operating activities from continuing operations of $20 million Closed on the acquisition of Triumph Group's Product Support business for $725 million WOOD DALE, Ill. , March 21, 2024 /PRNewswire/ -- AAR CORP.
- 03/21/2024
|
AAR elects Jeffrey N. Edwards to its Board of Directors
- WOOD DALE, Ill., March 20, 2024 /PRNewswire/ -- AAR CORP.
- 03/20/2024
|
AAR, Cebu Pacific sign CFM56-5B surplus material agreement
- WOOD DALE, Ill. , March 20, 2024 /PRNewswire/ -- AAR CORP.
- 03/20/2024
|
AAR (AIR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- AAR (AIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 03/14/2024
|
AAR to announce third quarter fiscal year 2024 results on March 21, 2024
- WOOD DALE, Ill. , March 7, 2024 /PRNewswire/ -- AAR CORP.
- 03/07/2024
|
AAR completes acquisition of Triumph Group's Product Support business
- Also completed financings to fund the Acquisition, consisting of $550 million notes offering and an amendment to AAR's existing revolving credit facility, upsizing the facility from $620 million to $825 million WOOD DALE, Ill. , March 1, 2024 /PRNewswire/ -- AAR CORP.
- 03/01/2024
|
TRIUMPH COMPLETES SALE OF PRODUCT SUPPORT BUSINESS TO AAR
- RADNOR, Pa. , March 1, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has completed the sale of its Product Support business to AAR CORP.
- 03/01/2024
|
Airinmar signs extension of aircraft warranty and value engineering services with Philippine Airlines
- BERKSHIRE, England , Feb. 21, 2024 /PRNewswire/ -- AAR (NYSE: AIR) subsidiary Airinmar, a leading independent provider of component repair cycle management and aircraft warranty solutions, has signed a multi-year support services extension with Philippine Airlines (PAL). "We are delighted to extend our successful relationship with PAL," said Matt Davies, Airinmar's General Manager.
- 02/21/2024
|
Airbus, TotalEnergies sign sustainable aviation fuel partnership
- Airbus Group (EPA:AIR) and TotalEnergies SE (NYSE:TOT, EPA:TTE) have announced a partnership aimed at developing and rolling out sustainable aviation fuel in Europe. TotalEnergies will supply the less environmentally damaging fuel for more than half of Airbus' needs in Europe under the deal, the duo announced on Wednesday.
- 02/21/2024
|
AAR Prices Upsized Offering of Senior Notes to Finance Triumph Product Support Acquisition
- WOOD DALE, Ill. , Feb. 14, 2024 /PRNewswire/ -- AAR CORP.
- 02/14/2024
|
This stock fund manager outperforms with ‘fixer-uppers'
- Small-cap stocks can help investors diversify from the S&P 500, which is heavily weighted to the largest U.S. tech players. Investors may imagine small-caps as up-and-coming companies focused on increasing their sales and taking market share from rivals, or ones facing binary events, such as drug trials, that can set up windfall profits.
- 01/16/2024
|
New Strong Sell Stocks for January 12th
- AIR, AVNS and BP have been added to the Zacks Rank #5 (Strong Sell) List on January 12, 2024.
- 01/12/2024
|
3 mid-caps with RSIs that scream oversold
- It's starting to look more and more like the rally, which kicked off at the end of October, is set to continue into 2024. While stocks softened a little last week, the benchmark S&P 500 index is already ticking back to last month's high, with investor expectations now set on seeing it tag a fresh all-time high in the very near future.
- 01/11/2024
|
New Strong Sell Stocks for January 9th
- AIR, AMSF and AVNS have been added to the Zacks Rank #5 (Strong Sell) List on January 9, 2024.
- 01/09/2024
|
AAR Corp says it did not perform any work near Alaska Air's mid-cabin exit door
- Aviation services provider AAR Corp said on Monday it did not perform any work on or near the mid-cabin exit door plug of the Alaska Air aircraft that had a cabin panel ripped off while in mid-air.
- 01/08/2024
|
AAR (AIR) Enters Into Multi-Year Distribution Deal With Ontic
- AAR (AIR) announces a new multi-year agreement with Ontic. This deal would further expand market for its defense products.
- 01/05/2024
|
New Strong Sell Stocks for January 2nd
- AIR, AMSF and CSCO have been added to the Zacks Rank #5 (Strong Sell) List on January 2, 2024.
- 01/02/2024
|
AAR (AIR) Q2 Earnings On Par With Estimates, Sales Rise Y/Y
- AAR's (AIR) fiscal second-quarter earnings and revenues increase year over year. Net interest expense also increases during the same period.
- 12/22/2023
|
AAR Corp. (AIR) Q2 2024 Earnings Call Transcript
- AAR Corp. (AIR) Q2 2024 Earnings Call Transcript
- 12/21/2023
|
AAR to announce second quarter fiscal year 2024 results on December 21, 2023
- Wood Dale, Illinois, Dec. 07, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its second quarter of fiscal year 2024, ended November 30, 2023, after the close of the New York Stock Exchange trading session on Thursday, December 21, 2023.
- 12/07/2023
|
5 Value Stocks With Exciting EV-to-EBITDA Ratios to Own Now
- We have screened value stocks GIII, TITN, SM, CNC and AIR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
- 11/09/2023
|
AAR Corp. (AIR) Expands Supply Agreement With MTU Maintenance
- AAR Corp. (AIR) expands the agreement with MTU Maintenance for supplying PW2000 aircraft engine parts.
- 10/19/2023
|
Is AAR (AIR) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/16/2023
|
5 Value Stocks With Impressive EV-to-EBITDA Ratios to Snap Up
- We have screened value stocks TITN, PVH, UNM, AIR and VLO based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
- 10/09/2023
|
Time to Buy These Highly Ranked Aerospace Stocks
- The Zacks Aerospace sector is currently ranked third out of 16 Zacks sectors as the growth narrative is vastly improving for many of these stocks.
- 10/04/2023
|
Despite Fast-paced Momentum, AAR (AIR) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, AAR (AIR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 10/04/2023
|
3 Reasons Why Growth Investors Shouldn't Overlook AAR (AIR)
- AAR (AIR) possesses solid growth attributes, which could help it handily outperform the market.
- 09/28/2023
|
Should Value Investors Buy AAR (AIR) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/28/2023
|
AAR Corp. (AIR) Q1 Earnings Beat Estimates, Sales Rise Y/Y
- AAR Corp. (AIR) reports first-quarter fiscal 2024 adjusted earnings of 78 cents per share, which surpasses the Zacks Consensus Estimate by 6.9%.
- 09/27/2023
|
AAR Corp. (AIR) Q1 2024 Earnings Call Transcript
- AAR Corp. (NYSE:AIR ) Q1 2024 Earnings Conference Call September 26, 2023 4:45 PM ET Company Participants John Holmes - Chairman, President and CEO Sean Gillen - CFO Conference Call Participants Robert Spingarn - Melius Research Michael Ciarmoli - Truist Securities Joshua Sullivan - The Benchmark Company Operator Good afternoon, everyone, and welcome to AAR's Fiscal 2024 First Quarter Earnings Call. We are joined today by John Holmes, Chairman, President and Chief Executive Officer; and Sean Gillen, Chief Financial Officer.
- 09/26/2023
|
AAR (AIR) Beats Q1 Earnings and Revenue Estimates
- AAR (AIR) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.61 per share a year ago.
- 09/26/2023
|
AAR Corp.: Limited Upside For FY2024, But Eyes Are On FY2025
- AAR Corp. is a provider of aviation services, with a strong revenue mix from government and commercial sales. Growth drivers for the company include the increasing demand for aftermarket parts and maintenance in the commercial market, as well as the growing defense budgets in the government services segment. Analysts expect sales growth of 13.7% and earnings per share growth of 12.6% for Q1 2024. There is a potential 20% upside for AAR Corp. stock based on FY2025 results.
- 09/19/2023
|
AAR Corp.: Flying High Again
- AAR experienced turbulence due to the pandemic, but the business and shares have recovered. The defense business has improved, leading to a steady rise in shares in 2023. The company's 2023 results showed strong revenue and earnings growth, but valuations are now too demanding.
- 09/19/2023
|
AAR to announce first quarter fiscal year 2024 results on September 26, 2023
- Wood Dale, Illinois, Sept. 12, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its first quarter of fiscal year 2024, ended August 31, 2023, after the close of the New York Stock Exchange trading session on Tuesday, September 26, 2023.
- 09/12/2023
|
Reasons to Add AAR (AIR) Stock to Your Portfolio Right Now
- AAR (AIR) makes a strong case for investment in the aerospace market, given its positive estimate revision, strong financial position, stable ROE and improving MRO prospects.
- 09/07/2023
|
5 Value Stocks With Impressive EV-to-EBITDA Ratios to Snap Up
- We have screened value stocks GPI, TITN, AIR, CRBG and CX based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
- 09/06/2023
|
Are Investors Undervaluing AAR (AIR) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/05/2023
|
Here's Why AAR (AIR) is a Strong Growth Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 08/22/2023
|
The 3 Most Undervalued Defense Stocks to Buy Now: August 2023
- As defense spending being a sizable portion of the federal budget is the reason many investors love defense stocks. In 2024, the country will spend approximately $842 billion on our national defense.
- 08/18/2023
|
AAR (AIR) Up 0.2% Since Last Earnings Report: Can It Continue?
- AAR (AIR) reported earnings 30 days ago. What's next for the stock?
- 08/17/2023
|
Is AAR (AIR) a Solid Growth Stock? 3 Reasons to Think "Yes"
- AAR (AIR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 08/10/2023
|
AAR (AIR) is an Incredible Growth Stock: 3 Reasons Why
- AAR (AIR) possesses solid growth attributes, which could help it handily outperform the market.
- 07/24/2023
|
AAR Corp. (AIR) Q4 Earnings Beat Estimates, Sales Rise Y/Y
- AAR Corp. (AIR) reports fourth-quarter fiscal 2023 adjusted earnings of 83 cents per share, which surpass the Zacks Consensus Estimate by 7.8%.
- 07/19/2023
|
AAR Corp. (AIR) Q4 2023 Earnings Call Transcript
- AAR Corp. (NYSE:AIR ) Q4 2023 Earnings Conference Call July 18, 2023 4:45 PM ET Company Participants John Holmes - Chairman, President and CEO Sean Gillen - CFO Conference Call Participants Peter Osterland - Truist Securities Kenneth Herbert - RBC Capital Markets Joshua Sullivan - The Benchmark Company Robert Spingarn - Melius Research Operator Good afternoon, everyone, and welcome to AAR's Fiscal 2023 Fourth Quarter Earnings Call. We're joined today by John Holmes, Chairman, President and Chief Executive Officer; and Sean Gillen, Chief Financial Officer.
- 07/18/2023
|
AAR Corp. stock rallies after air-travel rebound lifts sales
- Shares of AAR Corp. AIR, +2.43% rose after hours on Tuesday after the aviation-service company reported fiscal fourth-quarter results that beat analysts' expectations, helped by a broader rebound in air travel. The company — which sells or leases out aircrafts, engines and jet parts to businesses and governments — reported net income of $23.2 million, or 66 cents a share, compared with $23.9 million, or 66 cents a share, in the same quarter last year.
- 07/18/2023
|
AAR to announce fourth quarter fiscal year 2023 results on July 18, 2023
- Wood Dale, Illinois, July 05, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its fourth quarter of fiscal year 2023, ended May 31, 2023, after the close of the New York Stock Exchange trading session on Tuesday, July 18, 2023.
- 07/05/2023
|
AAR Corp.: Supply Chain Optimization Creating Operational Efficiencies
- AAR has recently experienced strong growth due to solid earnings. The company holds a strong balance sheet to remain resilient and capitalize on future growth when necessary. AIR's supply chain optimization will enable margin expansion due to reduced costs and customer satisfaction.
- 07/03/2023
|
Neste: Pioneering Renewable Fuels
- Neste Corp. ( OHEL:NESTE , Financial), a Finland-based company, has positioned itself as a global leader in renewable fuels and a key contributor to the circular economy. It recently held a Capital Markets Day for investors, which I watched and took notes on.
- 06/21/2023
|
Travel entrepreneur buys A380 for new transatlantic start-up
- Global Airlines, the new UK and US transatlantic carrier set up by travel entrepreneur James Asquith, has acquired its first plane, an Airbus A380 double-decker superjumbo. Asquith, who also set up the house swap app, Holiday Swap, said: “Our aspiration is to be the best way to fly and the A380 – with its unmatched levels of space, comfort and service – will be absolutely central to achieving that vision.
- 05/30/2023
|
Why Is AAR (AIR) Down 1.3% Since Last Earnings Report?
- AAR (AIR) reported earnings 30 days ago. What's next for the stock?
- 04/20/2023
|
AAR Corp.: A Good Company But Not The Right Time To Enter
- AAR Corp. should continue to benefit from the recovery in airline industry in Q4 FY23 and beyond. The recent acquisition of Trax is a step towards AIR's digitalization strategy.
- 03/29/2023
|
These 3 Growth Stocks Are Screaming Buys Right Now -- Here's Why
- Spending to maintain infrastructure is relatively recession-resistant. Commercial aviation remains a strong point of the economy in 2023.
- 03/28/2023
|
AAR Corp. (AIR) Clinches an Agreement With Collins Aerospace
- AAR Corp. (AIR) announces a distribution agreement with Collins Aerospace's Cloud Cap Technology business.
- 03/28/2023
|
AAR Corp. (AIR) Q3 Earnings Surpass Estimates, Sales Rise Y/Y
- AAR Corp. (AIR) reports third-quarter fiscal 2023 adjusted earnings of 75 cents per share, which surpass the Zacks Consensus Estimate by 10.3%.
- 03/23/2023
|
AAR Corp. (AIR) Acquires Trax USA Corp. for $120M Plus Earn-Out
- AAR Corp. (AIR) announces the acquisition of Trax USA Corp. for $120 million plus up to a $20-million earn-out payment.
- 03/22/2023
|
AAR (AIR) Q3 Earnings and Revenues Top Estimates
- AAR (AIR) delivered earnings and revenue surprises of 10.29% and 8.15%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?
- 03/21/2023
|
Will Segmental Sales Boost AAR Corp. (AIR) Q3 Earnings?
- AAR Corp. (AIR) Q3 results are likely to reflect a strong sales performance across its segments.
- 03/20/2023
|
AAR to announce third quarter fiscal year 2023 results on March 21, 2023
- Wood Dale, Illinois, March 07, 2023 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its third quarter of fiscal year 2023, ended February 28, 2023, after the close of the New York Stock Exchange trading session on Tuesday, March 21, 2023.
- 03/07/2023
|
3 Red Hot Industrial Stocks to Buy Hand Over Fist in March
- Buy high and sell higher. These stocks have all significantly outperformed the market over the last year.
- 03/03/2023
|
4 Stocks Trading Near 52-Week High That Can Scale Higher
- Investors target stocks that have been on a bullish run lately. Stocks like AMP, AIR, MRC and JBL that are seeing price strength have a high chance of carrying the momentum forward.
- 02/14/2023
|
7 Undiscovered Stocks to Watch for the Next Big Thing
- Stocks are showing signs of life in 2023. And if you have a tolerance for risk and are willing to look for stocks to trade, the small-cap sector is one area to find stocks to watch.
- 02/12/2023
|
Is AAR (AIR) Stock Outpacing Its Aerospace Peers This Year?
- Here is how AAR (AIR) and Safran SA (SAFRY) have performed compared to their sector so far this year.
- 01/30/2023
|
4 Stocks Trading Near 52-Week High That Can Climb Further
- Investors target stocks that have been on a bullish run lately. Stocks like JBL, AIR, DB and CNM, which are seeing price strength, have a high chance of carrying the momentum forward.
- 01/30/2023
|
5 Low Price-to-Sales Stocks to Take Advantage of Current Markets
- The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like AIR, SKM, PUMP, CRUS and FAF hold promise.
- 01/25/2023
|
Why Is AAR (AIR) Up 12.6% Since Last Earnings Report?
- AAR (AIR) reported earnings 30 days ago. What's next for the stock?
- 01/19/2023
|
Is AAR (AIR) Outperforming Other Aerospace Stocks This Year?
- Here is how AAR (AIR) and Safran SA (SAFRY) have performed compared to their sector so far this year.
- 01/12/2023
|
AAR (AIR) Is Attractively Priced Despite Fast-paced Momentum
- AAR (AIR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 01/09/2023
|
Buy These 5 Low Price-to-Sales Stocks to Get Standout Returns
- The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like AIR, SIG, VSH, DCP and FAF hold promise.
- 01/06/2023
|
Pick These 5 Bargain Stocks With Attractive EV-to-EBITDA Ratios
- We have screened bargain stocks JXN, AIR, CNM, AEG and COWN based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
- 01/06/2023
|
AAR Corp.: Solid Q2 FY23 Results And Attractive Valuation
- AIR posted solid Q2 FY23 results witnessing a consistent revenue and income growth y-o-y. The company beat the second quarter revenue and EPS estimates by 1.52% and 1.85% respectively.
- 01/05/2023
|
Best Value Stocks to Buy for December 23rd
- CIXX, CPYYY and AIR made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 23, 2022.
- 12/23/2022
|
3 Reasons Growth Investors Will Love AAR (AIR)
- AAR (AIR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 12/22/2022
|
Are Investors Undervaluing AAR (AIR) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/22/2022
|
5 Price-to-Sales Stocks to Craft a Strong Investment Portfolio
- The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like AIR, SIG, TA, DCP and PLUS hold promise.
- 12/22/2022
|
AAR Corp. (AIR) Q2 2023 Earnings Call Transcript
- AAR Corp. (NYSE:AIR ) Q2 2023 Earnings Conference Call December 20, 2022 4:45 PM ET Company Participants John Holmes - President & Chief Executive Officer Sean Gillen - Chief Financial Officer Conference Call Participants Ken Herbert - RBC Capital Markets Mike Ciarmoli - Truist Josh Sullivan - Benchmark Operator Good afternoon everyone and welcome to AAR's Fiscal 2023 Second Quarter Earnings Call. We're joined today by John Holmes, President and Chief Executive Officer; and Sean Gillen, Chief Financial Officer.
- 12/20/2022
|
AAR (AIR) Matches Q2 Earnings Estimates
- AAR (AIR) delivered earnings and revenue surprises of 0% and 2.37%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?
- 12/20/2022
|
AAR to announce second quarter fiscal year 2023 results on December 20, 2022
- Wood Dale, Illinois, Dec. 06, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its second quarter of fiscal year 2023, ended November 30, 2022, after the close of the New York Stock Exchange trading session on Tuesday, December 20, 2022.
- 12/06/2022
|
Why AAR Stock Is Down Today
- The aerospace supplier reported mixed results on a rough day for markets.
- 09/23/2022
|
AAR (AIR) Q1 Earnings Surpass Estimates, Sales Fall Y/Y
- AAR (AIR) reports first-quarter fiscal 2023 adjusted earnings of 61 cents per share, which surpass the Zacks Consensus Estimate by 5.2%.
- 09/23/2022
|
AAR Corp. (AIR) Q1 2023 Earnings Call Transcript
- AAR Corp. (NYSE:AIR ) Q1 2023 Earnings Conference Call September 22, 2022 4:45 PM ET Company Participants John Holmes - President and CEO Sean Gillen - Chief Financial Officer Conference Call Participants Mike Ciarmoli - Truist Josh Sullivan - Benchmark Company Steve Strackhouse - RBC Capital Markets Operator Good day. And welcome to AAR Corp.'s Q1 2023 Earnings Conference Call.
- 09/22/2022
|
AAR (AIR) Surpasses Q1 Earnings Estimates
- AAR (AIR) delivered earnings and revenue surprises of 5.17% and 1.59%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?
- 09/22/2022
|
These Are the 10 Biggest Firms Announcing Earnings Next Week
- Earnings seasons provide investors with unique opportunities. Generally, a company's share price moves significantly ahead of its earnings, as well as when the company announces its earnings.
- 09/16/2022
|
AAR Corp.: Financial Turnaround Is Coming
- The company's earnings were affected by Covid-19 in FY2021 because of its dependency on a commercial aviation market customer. The company has signed a two-year contract with the Norwegian Defence Logistics Organization to offer the Royal Norwegian Air Force P-8A aircraft fleet's commercial common parts.
- 09/15/2022
|
AAR to announce first quarter fiscal year 2023 results on September 22, 2022
- Wood Dale, Illinois, Sept. 08, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its first quarter of fiscal year 2023, ended August 31, 2022, after the close of the New York Stock Exchange trading session on Thursday, September 22, 2022.
- 09/08/2022
|
Outperforming the Market by 21% to 31% in 2022, These 3 Stocks Still Look Like a Good Value
- The common theme with these three stocks is exposure to commercial aviation.
- 08/21/2022
|
New Strong Sell Stocks for July 27th
- AIR, AHEXY, and ADDYY have been added to the Zacks Rank #5 (Strong Sell) List on July 27, 2022.
- 07/27/2022
|
New Strong Sell Stocks for July 25th
- AU, AIR, and AIQUY have been added to the Zacks Rank #5 (Strong Sell) List on July 25, 2022.
- 07/25/2022
|
AAR (AIR) Q4 Earnings Surpass Estimates, Sales Rise Y/Y
- AAR (AIR) Q4 net sales of $476.1 million surpass the Zacks Consensus Estimate of $468 million by 1.7% and also improve 8.8% from $437.6 million recorded in the year-ago quarter.
- 07/22/2022
|
Why Shares in Aviation Services Company AAR Corp Slumped Today
- A fine set of earnings, but management's commentary worried investors.
- 07/21/2022
|
AAR Corp (AIR) CEO John Holmes on Q4 2022 Results - Earnings Call Transcript
- AAR Corp (NYSE:AIR ) Q4 2022 Earnings Conference Call July 21, 2022 8:30 AM ET Company Participants Sean Gillen - VP & CFO John Holmes - CEO, President & Director Conference Call Participants Kenneth Herbert - RBC Capital Markets Joshua Sullivan - The Benchmark Company Michael Ciarmoli - Truist Securities Operator Good Day, and thank you for standing by. Welcome to the AAR Corp. Fourth Quarter 2022 Earnings Conference Call.
- 07/21/2022
|
New Strong Sell Stocks for July 21st
- BTDPY, CABGY, and AIR have been added to the Zacks Rank #5 (Strong Sell) List on July 21, 2022.
- 07/21/2022
|
AAR to announce fourth quarter fiscal year 2022 results on July 21, 2022
- Wood Dale, Illinois, July 07, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its fourth quarter of fiscal year 2022, ended May 31, 2022, prior to the opening of the New York Stock Exchange trading session on Thursday, July 21, 2022.
- 07/07/2022
|
AAR Corp.: Some Turbulence Along The Way
- AAR has seen a solid recovery coming out of the pandemic, but is now seeing renewed pressure on its commercial customer base. Shares have seen a big pullback in anticipation of more moderate results.
- 06/19/2022
|
AAR (AIR) Surges 5%: Is This an Indication of Further Gains?
- AAR (AIR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 06/08/2022
|
7 Defense Stocks to Buy as Geopolitical Risks Rise
- Russia's invasion of Ukraine has, among other things, unsettled much of the stock market. However, one corner of the market has experienced a lift as a result, and stands to keep benefiting should this conflict continue or other geopolitical risks rise: defense stocks.
- 03/31/2022
|
Why Shares of AAR Are Flying Higher This Week
- The aerospace company just delivered a strong earnings report, and analysts responded positively.
- 03/25/2022
|
AAR Corp. - Overlooked And Undervalued
- AAR Corp. is one of America's smallest stock-listed aerospace companies with a focus on independent MRO operations.
- 03/23/2022
|
Analysts Bump Up AAR's Price Target Post Q3 Results
- AAR Corp's (NYSE: AIR) price target has been raised to $56 (an upside of 12%) from $50 by RBC Capital analyst Ken Herbert while maintaining his Outperform rating on the shares. The analyst notes AAR's Q3 results showed steady improvement.
- 03/23/2022
|
AAR Corp. (AIR) CEO John Holmes on Q3 2022 Results - Earnings Call Transcript
- AAR Corp. (AIR) CEO John Holmes on Q3 2022 Results - Earnings Call Transcript
- 03/22/2022
|
AAR (AIR) Q3 Earnings and Revenues Beat Estimates
- AAR (AIR) delivered earnings and revenue surprises of 1.61% and 2.99%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?
- 03/22/2022
|
AAR (AIR) Signs Distribution Deal With Collins Aerospace
- AAR (AIR) enters into an exclusive distribution agreement with Raytheon Technologies' unit Collins Aerospace. As a result, AAR is set to benefit from the revival of the commercial aircraft market.
- 03/17/2022
|
AAR to announce third quarter fiscal year 2022 results on March 22, 2022
- Wood Dale, Illinois, March 08, 2022 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its third quarter of fiscal year 2022, ended February 28, 2022, after the close of the New York Stock Exchange trading session on Tuesday, March 22, 2022.
- 03/08/2022
|
7 Blue-Collar Stocks to Buy as Workers Rethink White-Collar Ideals
- Although seemingly everyone touts the mantra of getting a college education, these blue-collar stocks to buy provide an alternative. The post 7 Blue-Collar Stocks to Buy as Workers Rethink White-Collar Ideals appeared first on InvestorPlace.
- 01/18/2022
|
Is AAR (AIR) a Solid Growth Stock? 3 Reasons to Think " Yes "
- AAR (AIR) could produce exceptional returns because of its solid growth attributes.
- 01/10/2022
|
AAR (AIR) Now Trades Above Golden Cross: Time to Buy?
- Is it a good or bad thing when a stock experiences a golden cross technical event?
- 01/07/2022
|
5 Low Price-to-Sales Stocks to Buy for a Rewarding Portfolio
- Price-to-sales is a convenient tool to gauge the value of stocks incurring losses or are in an early development cycle. Stocks like SNDR, CAL, AIR, SIG and AVT hold promise.
- 12/29/2021
|
Is AAR (AIR) a Solid Growth Stock? 3 Reasons to Think " Yes "
- AAR (AIR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 12/24/2021
|
Wall Street Analysts Believe AAR (AIR) Could Rally 27%: Here's is How to Trade
- The average of price targets set by Wall Street analysts indicates a potential upside of 26.6% in AAR (AIR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 12/24/2021
|
Should Value Investors Buy AAR (AIR) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/24/2021
|
AAR Corp. (AIR) Announces $150M Share Repurchase Program
- AAR Corp. (AIR) boosts investors with its new share repurchase program of $150 million, thus exhibiting its balance-sheet strength.
- 12/23/2021
|
AAR Corp (AIR) Q2 Earnings Beat Estimates, Sales Rise Y/Y
- AAR Corp (AIR) reported fiscal second-quarter adjusted earnings of 53 cents, which beat the Zacks Consensus Estimate by 1.9%. Earnings also surged 71% year over year.
- 12/22/2021
|
AAR Corp. (AIR) CEO John Holmes on Q2 2022 Results - Earnings Call Transcript
- AAR Corp. (AIR) CEO John Holmes on Q2 2022 Results - Earnings Call Transcript
- 12/21/2021
|
Even as Markets Rise, These 2 Stocks Reveal Investor Uncertainty
- Even though major stock indexes gained ground, the rises could be bigger without the factors that hurt these two companies.
- 12/21/2021
|
AAR Secures $365M Contract To Support USAFE F-16 Aircraft
- AAR Corp. (NYSE: AIR) has secured a ten-year $365 million, firm-fixed-price, IDIQ contract from the Air Force Life Cycle Management Center to support U.S. Air Forces in Europe (USAFE) F-16 aircraft. AAR will provide aircraft depot-level maintenance and repair primarily for F-16 aircraft allocated to USAFE and support possible overflow requirements for all USAF F-16 aircraft.
- 12/16/2021
|
AAR (AIR) Earnings Expected to Grow: Should You Buy?
- AAR (AIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 12/14/2021
|
AAR to announce second quarter fiscal year 2022 results on December 21, 2021
- Wood Dale, Illinois, Dec. 07, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that it will release financial results for its second quarter of fiscal year 2022, ended November 30, 2021, after the New York Stock Exchange trading session on Tuesday, December 21, 2021.
- 12/07/2021
|
$5,000 Invested in These 3 Stocks Could Make You Richer Over the Next 20 Years
- These stocks have faced headwinds in 2021, but still look good long-term values.
- 11/24/2021
|
AAR to present at Baird Global Industrial Conference on November 9, 2021
- Wood Dale, Illinois, Oct. 28, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) will present at the 2021 Baird Global Industrial Conference, which is being held virtually, on November 9, 2021 from 9:15 a.m. to 9:45 a.m. Central Standard Time.
- 10/28/2021
|
3 Growth Stocks Perfect for New Investors
- These industrial companies are at the forefront of an economic boom.
- 10/10/2021
|
AAR announces EAGLE fellowship program with Rock Valley College to support Aviation Maintenance Technician students
- Wood Dale, Oct. 05, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced a new fellowship program with Rock Valley College in Rockford, Illinois. This initiative is part of AAR´s EAGLE Career Pathway Program, which focuses on growing the talent necessary to meet the maintenance demands of the future with a focus on five core values:
- 10/05/2021
|
AAR and FTAI Aviation announced a joint sustainability initiative helping clients cut carbon emissions
- Wood Dale, Sept. 29, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, and Fortress Transportation and Infrastructure Investors (NYSE: FTAI) announced a joint initiative associated with their CFM56-5B and -7B partnership to help customers achieve industry-wide sustainability goals aimed at reducing CO2 emissions in international aviation.
- 09/29/2021
|
3 Reasons Why AAR (AIR) Is a Great Growth Stock
- AAR (AIR) could produce exceptional returns because of its solid growth attributes.
- 09/27/2021
|
AAR Corp (AIR) Q1 Earnings Beat Estimates, Sales Rise Y/Y
- AAR Corp (AIR) reports a surge of 206% in its first-quarter fiscal 2022 adjusted earnings of 52 cents per share. It also surpasses the Zacks Consensus Estimate of 49 cents
- 09/24/2021
|
AAR Corp. (AIR) CEO John Holmes on Q1 2022 Results - Earnings Call Transcript
- AAR Corp. (AIR) CEO John Holmes on Q1 2022 Results - Earnings Call Transcript
- 09/23/2021
|
AAR (AIR) Q1 Earnings and Revenues Surpass Estimates
- AAR (AIR) delivered earnings and revenue surprises of 6.12% and 3.99%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?
- 09/23/2021
|
AAR Reports First Quarter 2022 Results
- WOOD DALE, Ill., Sept. 23, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported first quarter Fiscal Year 2022 consolidated sales of $455.1 million and income from continuing operations of $11.2 million, or $0.31 per diluted share. For the first quarter of the prior year, the Company reported sales of $400.8 million and loss from continuing operations of $13.9 million, or $0.40 per diluted share. Our adjusted diluted earnings per share from continuing operations in the first quarter of Fiscal Year 2022 were $0.52 compared to $0.17 in the first quarter of the prior year. Current quarter results included net pretax adjustments of $9.9 million, or $0.21 per share, primarily due to a previously disclosed customer contract termination and related asset impairment charges.
- 09/23/2021
|
AAR extends relationship with Volotea for A320 family PBH component support
- Wood Dale, Sept. 21, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today the extension of its power-by-the-hour (PBH) component support contract with Volotea. The partnership started in 2016 with four A319 aircraft and the fleet has grown now to nearly 40 aircraft today.
- 09/21/2021
|
AAR Corp. (AIR) Set to Post Q1 Earnings: What's in Store?
- AAR Corp.'s (AIR) fiscal first-quarter results are likely to have benefited from a consistent recovery in commercial air travel.
- 09/20/2021
|
AAR Bags $41M Contract From National Nuclear Security Administration
- AAR Corp. (NYSE: AIR) has secured a $41 million firm, fixed-price contract from the Department of Energy's (DOE) National Nuclear Security Administration (NNSA) for the conversion and delivery of a B737-700 aircraft modified into a "FlexCombi" configuration. The NNSA will increase its fleet size to support mission-critical activities to maintain the safety, security, and effectiveness of the United States' nuclear deterrent capacity.
- 09/20/2021
|
AAR awarded $41M contract by National Nuclear Security Administration to provide a reconfigured transport aircraft
- Wood Dale, Sept. 20, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, was awarded a firm, fixed-price contract by the Department of Energy's (DOE) National Nuclear Security Administration (NNSA) for the conversion and delivery of a B737-700 aircraft modified into a “FlexCombi” configuration.
- 09/20/2021
|
AAR (AIR) Reports Next Week: Wall Street Expects Earnings Growth
- AAR (AIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 09/16/2021
|
AAR enters exclusive distribution agreement with Arkwin Industries, supporting engine actuation and other commercial aviation products
- Wood Dale, Sept. 14, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed an exclusive distribution agreement with Arkwin Industries. The agreement covers Arkwin's broad line of engine actuation and commercial aviation products for the commercial aviation aftermarket and is effective as of October 1, 2021.
- 09/14/2021
|
AAR to announce first quarter fiscal year 2022 results on September 23, 2021
- Wood Dale, Illinois, Sept. 09, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that it will release financial results for its first quarter of fiscal year 2022, ended August 31, 2021, after the New York Stock Exchange trading session on Thursday, September 23, 2021.
- 09/09/2021
|
7 Defense Stocks To Buy as Geopolitics Keeps Global Tensions on Simmer
- Defense stocks that are worth holding in the portfolio as geopolitical tensions rise globally. Low beta and economic shock immune stocks.
- 08/26/2021
|
AAR launches inaugural Environmental, Social and Governance (ESG) Report
- Wood Dale, Aug. 24, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has published its inaugural Environmental, Social and Governance (ESG) Report.
- 08/24/2021
|
AAR (AIR) Down 12.6% Since Last Earnings Report: Can It Rebound?
- AAR (AIR) reported earnings 30 days ago. What's next for the stock?
- 08/19/2021
|
AAR (AIR) is an Incredible Growth Stock: 3 Reasons Why
- AAR (AIR) could produce exceptional returns because of its solid growth attributes.
- 07/23/2021
|
Alaska Airlines, AAR Collaborate For Flow Through Program For Maintenance Technicians
- Alaska Airlines Group, Inc. (NYSE: ALK) teams up with AAR Corp. (NYSE: AIR) to create a pipeline for qualified airline maintenance technicians for the Seattle-based airline. The Flow-Through Program is the first of its kind between an airline and an aviation services provider to focus on education and career training and recruit new workers from diverse backgrounds.
- 07/21/2021
|
AAR Corp's (AIR) Q4 Earnings Beat Estimates, Sales Rise Y/Y
- AAR Corp's (AIR) sales rise 5.1% year over year during fourth-quarter fiscal 2021, led by the recovery in the commercial market from the impact of COVID-19.
- 07/21/2021
|
Alaska Airlines and AAR team up to create Flow Through Program for tomorrow's aviation maintenance technicians
- Wood Dale, July 21, 2021 (GLOBE NEWSWIRE) -- The nation's airlines rely on professional maintenance technicians to ensure airplanes safely and compliantly travel across the country, but demand for qualified airline maintenance technicians (AMT) will outpace supply as early as 2022. Over the next 20 years, Boeing forecasts 739,000 technicians are needed globally, and 192,000 are needed in North America alone.
- 07/21/2021
|
AAR Corp. (AIR) CEO John Holmes on Q4 2021 Results - Earnings Call Transcript
- AAR Corp. (AIR) CEO John Holmes on Q4 2021 Results - Earnings Call Transcript
- 07/20/2021
|
AAR (AIR) Q4 Earnings and Revenues Beat Estimates
- AAR (AIR) delivered earnings and revenue surprises of 6.82% and 3.83%, respectively, for the quarter ended May 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/20/2021
|
AAR Reports Fourth Quarter & Fiscal Year 2021 Results
- WOOD DALE, Ill., July 20, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported fourth quarter Fiscal Year 2021 consolidated sales of $437.6 million and income from continuing operations of $14.7 million, or $0.41 per diluted share. For the fourth quarter of the prior year, the Company reported sales of $416.5 million and loss from continuing operations of $15.0 million, or a loss of $0.43 per diluted share. Our adjusted diluted earnings per share from continuing operations in the fourth quarter of Fiscal Year 2021 were $0.47 compared to $0.26 in the fourth quarter of the prior year. Current quarter results included net after-tax adjustments of $2.0 million, or $0.06 per share, primarily related to customer credit and facility consolidation charges partially offset by government subsidies.
- 07/20/2021
|
AAR Corp. (AIR) to Report Q4 Earnings: What's in the Cards?
- AAR Corp's (AIR) fiscal Q4 results are expected to reflect benefits of increased commercial passenger travel activity along with favorable contributions from the WASS contract.
- 07/16/2021
|
3 Top Aerospace Stocks to Buy in July
- An aerospace giant, a pilot training and simulator company, and aviation services make up a list of stocks to buy in July.
- 07/16/2021
|
AAR (AIR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- AAR (AIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/13/2021
|
AAR to announce fourth quarter fiscal year 2021 results on July 20, 2021
- Wood Dale, Illinois, July 06, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that it will release financial results for its fourth quarter of fiscal year 2021, ended May 31, 2021, after the market closes on Tuesday, July 20, 2021.
- 07/06/2021
|
AAR signs agreement with Druck, a Baker Hughes business, for global AOG support
- Wood Dale, July 01, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has signed an agreement with Druck, a Baker Hughes business, to offer global aircraft-on-ground (AOG) support for a range of engine pressure sensors. This service will be performed through AAR´s customer support team and worldwide warehouses network.
- 07/01/2021
|
AAR Corp.: A Way To Buy Diversified Aerospace Exposure
- AAR Corp. is a leading provider of MRO services in 20 countries across the globe. The company is seeing significant tailwinds from USM and outsourced maintenance, resulting in higher growth rates and strong free cash flow.
- 06/08/2021
|
AAR (AIR) Dips More Than Broader Markets: What You Should Know
- AAR (AIR) closed the most recent trading day at $40.94, moving -1.18% from the previous trading session.
- 06/07/2021
|
AAR (AIR) Outpaces Stock Market Gains: What You Should Know
- AAR (AIR) closed the most recent trading day at $41.75, moving +0.92% from the previous trading session.
- 05/28/2021
|
AAR named to “Best of the Best 2021 – Top Veteran-Friendly Companies” by U.S. Veterans Magazine
- Wood Dale, May 20, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading independent provider of aviation services to commercial and government operators, has been named to the “Best of the Best 2021 – Top Veteran-Friendly Companies” list by U.S. Veterans Magazine (USVM). This is the second consecutive year AAR has received this recognition.
- 05/20/2021
|
Just Get a Tax Refund? Consider These 3 Aerospace Companies
- This basket of growth and income stocks could propel your portfolio to the stars.
- 04/24/2021
|
AAR (AIR) Down 3.7% Since Last Earnings Report: Can It Rebound?
- AAR (AIR) reported earnings 30 days ago. What's next for the stock?
- 04/22/2021
|
AAR Elects Ellen M. Lord to its Board of Directors
- Wood Dale, April 16, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, announced today that Ellen M. Lord, former Under Secretary of Defense for Acquisition and Sustainment for the United States Department of Defense, has been elected to the Company's Board of Directors, effective immediately.
- 04/16/2021
|
AAR continues to advance aviation technician development: earned recognition from U.S. Department of Labor and signed MOU with American Association of Port Authority's ACCELerate Apprenticeship Program
- Wood Dale, March 25, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading aviation services provider to commercial and governments operators, MROs and OEMs worldwide, announces that its EAGLE Career Pathways program for aircraft maintenance technicians (AMTs) has been recognized by the U.S. Department of Labor's (DOL) Employment and Training Division as a nationally registered apprenticeship. AAR's program standards were approved by the DOL's Office of Apprenticeship in Washington, D.C., in February.
- 03/25/2021
|
AAR Corp. (AIR) Q3 Earnings Beat Estimates, Sales Fall Y/Y
- AAR Corp.'s (AIR) Q3 net sales miss the Zacks Consensus Estimate by 0.7% and plunge 25.8% from $553.1 million recorded in the year-ago quarter
- 03/24/2021
|
AAR Corp. (AIR) CEO John Holmes on Q3 2021 Results - Earnings Call Transcript
- AAR Corp. (AIR) CEO John Holmes on Q3 2021 Results - Earnings Call Transcript
- 03/23/2021
|
AAR (AIR) Tops Q3 Earnings Estimates
- AAR (AIR) delivered earnings and revenue surprises of 19.35% and -0.75%, respectively, for the quarter ended February 2021. Do the numbers hold clues to what lies ahead for the stock?
- 03/23/2021
|
Recap: AAR Q3 Earnings
- Shares of AAR (NYSE:AIR) rose in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 44.78% year over year to $0.37, which beat the estimate of $0.29.
- 03/23/2021
|
AAR Reports Third Quarter Fiscal Year 2021 Results
- WOOD DALE, Ill., March 23, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported third quarter Fiscal Year 2021 consolidated sales of $410.3 million and income from continuing operations of $31.1 million, or $0.87 per diluted share. For the third quarter of the prior year, the Company reported sales of $553.1 million and income from continuing operations of $2.6 million, or $0.07 per diluted share. Our adjusted diluted earnings per share from continuing operations in the third quarter of Fiscal Year 2021 were $0.37 compared to $0.67 in the third quarter of the prior year. Current quarter results included net pretax adjustments of $23.4 million, or $0.50 per share, primarily related to the exclusion of CARES Act payroll support.
- 03/23/2021
|
AAR Corp. (AIR) to Report Q3 Earnings: What in the Cards?
- AAR Corp.'s (AIR) Q3 earnings are expected to have been affected by increased SG&A expenses along with poor sales figure.
- 03/19/2021
|
Analysts Estimate AAR (AIR) to Report a Decline in Earnings: What to Look Out for
- AAR (AIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 03/16/2021
|
AAR Corp. - Flying Too High
- AAR Corp. has seen its share recover from a big Covid-19 induced plunge, as shares are back to pre-Covid-19 levels.
- 03/15/2021
|
AAR to announce third quarter fiscal year 2021 results on March 23, 2021
- Wood Dale, Illinois, March 09, 2021 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that it will release financial results for its third quarter of fiscal year 2021, ended February 28, 2021, after the market closes on Tuesday, March 23, 2021.
- 03/09/2021
|
AAR named 2021 Military Friendly® Employer
- Wood Dale, Feb. 25, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading aviation services provider to commercial and government customers, MROs and OEMs worldwide, has been named a 2021 Military Friendly® Employer by VIQTORY, a service-disabled, veteran-owned company. VIQTORY screened more than 8,800 employers nationwide and selected only 92 companies for the prestigious award. Military Friendly® Employers are recognized as role model organizations committed to creating meaningful improvements in their veterans' work lives.
- 02/25/2021
|
AAR named to Forbes ‘America's Best Midsize Employers' for third time
- Wood Dale, Feb. 16, 2021 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading aviation services provider to commercial and government operators, MROs and OEMs worldwide, has been named to Forbes' list of “America's Best Midsize Employers” for 2021. This is the third time that AAR has earned this honor, which is based on an independent survey conducted by Statista polling over 38,000 U.S. employees.
- 02/16/2021
|
AAR (AIR) Up 10.3% Since Last Earnings Report: Can It Continue?
- AAR (AIR) reported earnings 30 days ago. What's next for the stock?
- 01/16/2021
|
100% Upside For 2021's Best SPAC
- 100% Upside For 2021's Best SPAC
- 01/04/2021
|
Top Ranked Momentum Stocks to Buy for December 28th
- Top Ranked Momentum Stocks to Buy for December 28th
- 12/28/2020
|
AAR (AIR) Upgraded to Buy: Here's What You Should Know
- AAR (AIR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 12/22/2020
|
AAR Corp (AIR) CEO John Holmes on Q2 2021 Results - Earnings Call Transcript
- AAR Corp (AIR) CEO John Holmes on Q2 2021 Results - Earnings Call Transcript
- 12/17/2020
|
AAR (AIR) Q2 Earnings Top Estimates
- AAR (AIR) delivered earnings and revenue surprises of 82.35% and -0.11%, respectively, for the quarter ended November 2020. Do the numbers hold clues to what lies ahead for the stock?
- 12/17/2020
|
AAR Reports Second Quarter Fiscal Year 2021 Results
- WOOD DALE, Ill., Dec. 17, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported second quarter Fiscal Year 2021 consolidated sales of $403.6 million and income from continuing operations of $14.4 million, or $0.41 per diluted share. For the second quarter of the prior year, the Company reported sales of $560.9 million and income from continuing operations of $20.1 million, or $0.57 per diluted share. Our adjusted diluted earnings per share from continuing operations in the second quarter of Fiscal Year 2021 were $0.31 compared to $0.64 in the second quarter of the prior year. Current quarter results included net pretax adjustments of $4.7 million, or $0.10 per share, primarily related to the exclusion of CARES Act support partially offset by contract restructuring and exit costs.
- 12/17/2020
|
AAR extends its relationship with Viasat for in-flight connectivity logistics, repair and aftermarket support
- Wood Dale, Illinois, Dec. 16, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, has extended its agreement with Viasat (NASDAQ: VSAT), a global communications company, to provide logistics, repair and aftermarket management services for Viasat's in-flight connectivity products.
- 12/16/2020
|
Why Apartment and Investment Management Stock Plunged 86% at the Open Today
- The landlord made some changes to how it operates, which really aren't that big when you step back and examine what's transpired.
- 12/15/2020
|
AAR sets the standard for safety as the first independent third party MRO approved by the FAA for Safety Management System requirements
- Wood Dale, Illinois, Dec. 11, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, was recognized as the first independent MRO for implementing a Safety Management System (SMS) in accordance with the requirements set forth in the SMS Voluntary Program by the Federal Aviation Administration (FAA), the European Union Aviation Safety Agency (EASA), Transport Canada Civil Aviation (TCCA) and the International Air Transport Association (IATA). The implementation of the Safety Management System will allow AAR to better serve its customers and the flying public by proactively identify safety issues and trends before they reach their full potential.
- 12/11/2020
|
AAR awarded a $148M contract to continue C-40 contractor logistics support with Naval Air Systems Command
- Wood Dale, Dec. 09, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs, was awarded a $148,357,084 firm-fixed-price, indefinite-delivery/indefinite-quantity follow-on contract with Naval Air Systems Command. This expanded contract provides contractor logistics support required for operating and maintaining the C-40A aircraft, aircraft subsystems, appliances and support equipment, including depot-level, main operating base and supply support. This award also introduces additional requirements including new operating sites, commercial line maintenance, and scheduled engine overhauls.
- 12/09/2020
|
AAR forms Aviation Safety and Training Oversight Committee
- Wood Dale, Dec. 08, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs and OEMs is pleased to announce that it has formed an Aviation Safety and Training Committee (the “ASTC”) at the Board of Directors (“Board”) level. The ASTC will be comprised of three independent directors, with retired United States Air Force General Duncan J. McNabb, who last served as the ninth Commander, United States Transportation Command, serving as Chair, and Robert F. Leduc and Jennifer L. Vogel joining him as committee members. The ASTC will assist the Board in the oversight of aviation safety matters relating to AAR's operations, including training employees, promoting a robust safety culture and helping ensure the delivery of services and products with safety as the highest priority.
- 12/08/2020
|
AAR to announce second quarter fiscal year 2021 results on December 17, 2020
- Wood Dale, Illinois, Dec. 04, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today announced that it will release financial results for its second quarter of fiscal year 2021, ended November 30, 2020, after the market closes on Thursday, December 17, 2020.
- 12/04/2020
|
AAR announces agreement with FTAI for Serviceable Engine Products, a partnership to provide CFM56 engine material to the global aviation aftermarket
- Wood Dale, Dec. 03, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services, and Fortress Transportation and Infrastructure Investors (NYSE: FTAI) announced an agreement to create Serviceable Engine Products, an exclusive seven-year CFM56 used serviceable material (“USM”) partnership.
- 12/03/2020
|
5 Big Gainers From Solid Rise in US Manufacturing Output
- While industrial production rose in October, factory output in particular increased for the sixth straight month. This calls for investing in big gainers like AAR (AIR) and Unifi (UFI).
- 11/18/2020
|
Airinmar secures three-year warranty support services contract with Volaris
- BERKSHIRE, England, Nov. 04, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, the top global independent provider of component repair cycle management and aircraft warranty solutions, signed a new three-year support services agreement with Volaris, Mexico´s leading domestic airline.
- 11/04/2020
|
Over 50,000 sign up for AAR’s M-TIBA
- NAIROBI, Kenya, Oct 22- AAR Insurance Kenya says over 50,000 customers have signed up for M-TIBA, a mobile platform operated by e-health provider Carepay, to help them track medical claims using mobile phones, signifying high demand for e-health solutions in Kenya. AAR Insurance Managing Director Nixon Shigoli, said that faster settlement of claims and the ability […]
- 10/22/2020
|
Weekly High Frequency Indicators: Surprisingly, Consumer Spending Has Continued To Hold Up
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident indicators.
- 10/16/2020
|
FreightCar America, Inc. Completes Key Steps in Previously Announced Manufacturing Repositioning
- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”) announced today that it has made significant progress in its manufacturing
- 10/12/2020
|
President’s Taxes: The swamp that Trump built
- An investigation by the Times found more than 200 companies, special-interest groups and foreign governments that patronized Trump’s properties while reaping benefits from him and his administration. Nearly a quarter of those patrons have not been previously reported.
- 10/11/2020
|
Weekly High Frequency Indicators: Slow Improvement Has Continued
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long-leading, short-leading, and coincident indicators.
- 10/10/2020
|
How Trump profits from new swamp
- It was springtime at President Donald Trump’s Mar-a-Lago club in Palm Beach, Fla., and the favor-seekers were swarming. In a gold-adorned ballroom filled with Republican donors, an Indian-born industrialist from Illinois pressed Trump to tweet about easing immigration rules for highly skilled workers and their children. “He gave a million dollars,” the president told his guests approvingly, according to a recording of the April 2018 event. Later that month, in the club’s dining room, the president wandered over to one of its newer members, an Australian cardboard magnate who had brought along a reporter to flaunt his access. Trump thanked him for taking out a newspaper ad hailing his role in the construction of an Ohio paper mill and box factory, whose grand opening the president would attend. And in early March, a Tennessee real estate developer who had donated lavishly to the inauguration and wanted billions in loans from the new administration met the president at the club and asked him for help. Trump waved over his personal lawyer, Michael Cohen. “Get it done,” the president said, describing the developer as “a very important guy,” Cohen recalled in an interview. Campaigning for president as a Washington outsider, Trump electrified rallies with his vows to “drain the swamp.” But he did not end Washington’s insider culture of lobbying and favor-seeking. He also reinvented it, turning his own hotels and resorts into the Beltway’s new backrooms, where public and private business mix and special interests reign. As president-elect, he had pledged to step back from the Trump Organization and recuse himself from his private company’s operation. As president, he built a system of...
- 10/10/2020
|
Railroads Make Up 36.7% Of This Transportation ETF (BATS:IYT)
- Railroads are good businesses with a strong moat, high profitability, good growing dividends and buybacks that push stock prices higher.
- 10/09/2020
|
How airmen in Hawaii are practicing to rescue astronauts at any time, day or night
|
Weekly High Frequency Indicators: Almost All Data Has Improved Greatly From Worst Pandemic Levels, But Will It Continue?
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long-leading, short-leading, and coincident indicators.
- 10/03/2020
|
California State Teachers Retirement System Purchases 1,107 Shares of AAR Corp. (NYSE:AIR)
- California State Teachers Retirement System grew its position in shares of AAR Corp. (NYSE:AIR) by 2.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,462 shares of the aerospace company’s stock after acquiring an additional 1,107 shares during […]
- 10/02/2020
|
La juez tras imponer la prisión permanente a una mujer por la muerte de su bebé de 2 años: "Consintió, no hizo nada para protegerlo"
- La sentencia que firma la Audiencia Provincial de Alicante contra Cristina, la madre del bebé de dos años que murió en el hospital tras ser estrangulado por su padrastro, es amplia
- 10/02/2020
|
AAR Soars 10%, Beats 1Q Estimates Despite Covid’s Impact
- AAR (AIR) stock jumped 9.7% following better-than-anticipated results for the first quarter of fiscal 2021 (ended Aug. 31) even as the COVID-19 pandemic
- 09/28/2020
|
Aerospace Coatings Market Size - Analysis by Global Trends, Recent Demand Status & Share, Top Key Players, Business Strategies and Opportunities Forecast to 2024
- Sep 28, 2020 (The Expresswire) --
The “Aerospace Coatings Market” report provides coverage of current and emerging market trends, market drivers, and...
- 09/28/2020
|
AAR Corp. (NYSE:AIR) Shares Sold by AQR Capital Management LLC
- AQR Capital Management LLC reduced its stake in AAR Corp. (NYSE:AIR) by 2.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 96,945 shares of the aerospace company’s stock after selling 2,666 shares during the period. AQR Capital Management LLC owned […]
- 09/27/2020
|
Weekly High Frequency Indicators: Calm Before The Category 5 Constitutional Hurricane?
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long-leading, short-leading, and coincident indicators.
- 09/26/2020
|
AAR Reports First Quarter 2021 Results
- First quarter sales of $401 million, down 26% from the prior year reflecting the impact of COVID-19
First quarter GAAP diluted loss per share from continuing
- 09/24/2020
|
Embraer: An Oversold Value Buy Best Positioned For The Commercial Aviation Turnaround (NYSE:ERJ)
- According to our valuation model, Embraer (NYSE: ERJ) has a significant upside potential. Although Commercial Aviation division reported big losses, the industry is showing signs of recovery.
- 09/22/2020
|
Delhi HC stays tax assessment against Tiger Global on Flipkart exit
- The tax department was looking to start assessment proceedings against Tiger following an Authority of Advanced Ruling order which had denied it benefits of grandfathering provisions under the India-Mauritius Double Tax Avoidance Agreement
- 09/22/2020
|
Tiger Global moves Delhi High Court against Flipkart tax ruling
- The PE investor had claimed nil withholding tax on the capital gains made from the 2018 sale of its Flipkart stake to Walmart
- 09/21/2020
|
Weekly High Frequency Indicators: Consumer Spending Negative For The Second Week In A Row
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long-leading, short-leading, and coincident indicators.
- 09/19/2020
|
Best Bet For Aviation Recovery
- AerSale set to exploit both aviation chaos and recovery. Best ratio of risk:reward among SPACS and aviation industry.
- 09/14/2020
|
El calvario de Aarón, de 2 años: golpes y palizas hasta que su madre y su padrastro le estrangularon
- La vida de Aarón se interrumpió de manera cruel el 17 de septiembre de 2018. Tenía dos años y murió en la UCI del Hospital de Alicante tras cuatro días de lucha por sobrevivir a la
- 09/03/2020
|
Important GST alert for institutes providing coaching, accommodation to CA/CS students
- It's an important GST alert for institutes providing coaching, accommodation to CA/CS students
- 08/27/2020
|
LSV Asset Management Makes New $237,000 Investment in AAR Corp. (NYSE:AIR)
- LSV Asset Management bought a new position in shares of AAR Corp. (NYSE:AIR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,476 shares of the aerospace company’s stock, valued at approximately $237,000. Other large investors also recently added to […]
- 08/22/2020
|
Pentagon Investigating After Object Seen Near Air Force One
- The Pentagon is investigating after an object seems to be a drone was reportedly flying close to Air Force One.
- 08/18/2020
|
Fixing AAR
- The advance ruling mechanism under GST is fraught with many gaps, which is compounding the problems of taxpayers
- 08/18/2020
|
AAR´s Component Repair facility in Amsterdam ranked No. 1 “Outstanding Source of Repair” by NATO Support and Procurement Agency
- Wood Dale, Illinois, Aug. 17, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has been named “Outstanding Source of Repair” and ranked No. 1 among all Component Source of Repair (SOR) facilities for 2019 by the NATO Support and Procurement Agency (NSPA) and the International Aerospace Management Company (IAMCO). Both organizations manage maintenance work for the North Atlantic Treaty Organization (NATO). AAR has received this prestigious recognition four times since 2005.AAR Aircraft Component Services in Amsterdam was cited for its superior product quality, timely delivery, quality assurance services and component support on the NATO Airborne Warning and Control System (AWACS) fleet.“I am extremely pleased to inform you that AAR Aircraft Component Services has been recommended and selected to be the best SOR of the year 2019 out of 17 companies. This outstanding achievement is the result of a team effort and allows us to congratulate you all for this remarkable performance,” said Bernard Masuy, IAMCO Branch Manager Components.“NSPA congratulates AAR Aircraft Component Services to be recommended and selected to be the best SOR of the year 2019. The fact, that AAR achieved this award already for the fourth time since 2005 shows the high professionalism and engagement of this outstanding company. We are very proud to have the team of AAR on board of our AWACS family,” said Norbert Schneider, NSPA LW Programme Manager.“We strive for excellence every day and having our component and repair services repeatedly recognized by NATO validates our efforts and inspires our team toward continuous improvement,” said Andre op‘t Hof, AAR Aircraft Component Services – Amsterdam, Director of Commercial Operations.For more information on AAR´s Component Repair solutions, click here. About IAMCOIAMCO is a multinational joint venture company founded in 1991. As an industrial prime contractor, IAMCO is responsible for management of collaborative efforts in depot-level maintenance of NATO’s E-3A airborne early warning and control (AWACS) fleet including the maintenance of engines and aircraft components.About NSPAAs the North Atlantic Treaty Organization’s principal support agency, NSPA assists NATO nations by organizing common procurement and supply of spare parts, as well as by arranging maintenance and repair services necessary for the support of various weapon systems in their inventories. The program LW is the responsible entity in NSPA to support the AWACS fleet and the Main Operating Base in Geilenkirchen / Germany.About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems and Composite Manufacturing operations. Additional information can be found at www.aarcorp.com.This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2020. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission. CONTACT: Daniela Pietsch AAR Corp +1 630 227 5100 editor@aarcorp.com
- 08/17/2020
|
Abandon CSX Corp. (NASDAQ:CSX)
- I think CSX Corp. is a fine business that will recover nicely, but we investors don't buy businesses, unfortunately.
- 08/11/2020
|
Did Hedge Funds Make The Right Call On AAR Corp. (AIR) ?
- At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
- 08/10/2020
|
Weekly High Frequency Indicators: The Economy 'Wants' To Improve; Will Coronavirus And Decision Makers Let It?
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident indicators.
- 08/08/2020
|
Open Text Corporation (OTEX) CEO Mark Barrenechea on Q4 2020 Results - Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX) Q4 2020 Results Conference Call August 06, 2020 05:00 PM ET Company Participants Harry Blount - Senior Vice President, Investor Relations Mark Barrenechea - Chief Executive Officer and CTO Madhu Ranganathan - Executive Vice President and CFO Conference Call Participants Stephanie Price - CIBC World Markets Thanos Moschopoulos - BMO Capital Markets Paul Steep - Scotia Capital Paul Treiber - RBC Capital Markets Presentation Operator Thank you for standing by.
- 08/07/2020
|
AAR Corp.: A Ruby Beneath The Rubble (NYSE:AIR)
- AAR is trading at a 30% discount on its tangible book value, making the stock attractive at current levels.
- 08/06/2020
|
AAR : Airinmar selected by Air Methods for warranty and value engineering services | MarketScreener
|
Spirit AeroSystems stock drops after wider-than-expected loss, as Boeing and Airbus deliveries sink
- Shares of Spirit AeroSystems Holdings Inc. dropped 4.3% after the commercial and defense aircraft structures supplier, which receives the bulk of its revenue from Boeing Co. , reported a much wider-than-expected loss as revenue fell well below expectations, citing the "dual challenges" of the 737 MAX grounding and the COVID-19 pandemic. The company swung to a net loss of $256 million, or $2.46 a share, from net income of $168 million, or $1.61 a share, in the year-ago period. Excluding non-recurring items, the adjusted loss per share was $2.28, wider than the FactSet loss consensus of $1.25. Revenue sank 68% to $644.6 million, below the FactSet consensus of $830.2 million, as revenue of all three business segments declined more than forecast. Deliveries decreased to 159 shipsets during the quarter from 449 shipsets a year ago, including Boeing 737 MAX shipsets of 19 compared with 147 shipsets last year. For the third quarter, Spirit expects to record forward losses of $25 million to $35 million on Boeing's 787 program and losses of $13 million to $20 million on Airbus SE's A350 program. Spirit's stock has plunged 73.3% year to date through Monday, while Boeing shares have shed 50.2% and the Dow Jones Industrial Average has slipped 6.6%.
- 08/04/2020
|
Airinmar selected by Air Methods for warranty and value engineering services
- photo copyright Air MethodsBERKSHIRE, England, Aug. 03, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, the top global independent provider of component repair cycle management and aircraft warranty solutions, signed a new services agreement with the world’s largest civilian helicopter operator, Air Methods.Airinmar’s services will include the identification, claim, recovery and reporting of rotorcraft/aircraft component warranty. Airinmar will compliment Air Methods’ existing processes and apply its proven procedures, support systems and skilled technical staff. With this partnership, Air Methods will also benefit from Airinmar’s value engineering of costs associated with the repair process, including price quotes from suppliers and service vendors. Based on the data analyses and findings, Airinmar identifies cost reductions, as well as process improvements.“Airinmar’s reputation for effective warranty management, value engineering and ability to customize solutions for our unique fleet makes this partnership important in helping us execute on our operational goals,” said Jay Mahen, Air Methods VP of Supply Chain. “By complementing our team with these cost control services, we will be continuing to optimize our supply chain to provide safe and reliable lifesaving emergency air medical care 24/7/365.”“We are proud to be providing tailored cost control services to the world’s largest civilian helicopter operator,” said Matt Davies, Airinmar General Manager. “Our service will fit efficiently within Air Methods’ operation at over 300 locations and assist in the reduction of its annual component repair costs.”For more information on Airinmar’s industry-leading warranty solutions, click here. About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems and Composite Manufacturing operations. Additional information can be found at www.aarcorp.com. About Airinmar Airinmar has supported airlines, MROs, OEMs, helicopter operators and military programs for more than 35 years through the delivery of its tailored component repair and warranty management support services, which deliver reduced repair expenditure, improved component availability and enhance operational efficiencies. Airinmar is a subsidiary of global aviation aftermarket leader AAR (NYSE: AIR). About Air Methods Corporation Air Methods (www.airmethods.com) is the leading air medical service, delivering lifesaving care to more than 70,000 people every year. With nearly 40 years of air medical experience, Air Methods is the preferred partner for hospitals and one of the largest community-based providers of air medical services. United Rotorcraft is the Company’s products division specializing in the design and manufacture of aeromedical and aerospace technology. Air Methods’ fleet of owned, leased or maintained aircraft features more than 450 helicopters and fixed wing aircraft This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2020. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission. Attachment * Pic1 CONTACT: Daniela Pietsch AAR Corp +1 630 227 5100 editor@aarcorp.com
- 08/03/2020
|
Forma Antiqva recupera a La Caramba, la 'Rosalía del siglo XVIII'
- El 'ensemble' Forma Antiqva, creado por los hermanos Pablo (guitarra barroca), Daniel (tiorba) y Aarón Zapico (clave y dirección musical) presentó este viernes en el Festival de Ve
- 08/03/2020
|
Weekly High Frequency Indicators: Stocks And Initial Claims Give Conflicting Signals As The Virus Remains In Control
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident indicators.
- 08/01/2020
|
AAR awarded three-year MRO contract with Royal Netherlands Air Force to service the F-16 jet fuel starter | MarketScreener
|
AAR awarded three-year MRO contract with Royal Netherlands Air Force to service the F-16 jet fuel starter
- Wood Dale, July 27, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR), a leading provider of aviation services to commercial airlines and governments worldwide, has been awarded a three-year contract by the Royal Netherlands Air Force (RNLAF) to perform maintenance, repair and overhaul on F-16 jet fuel starters.AAR will service the jet fuel starters in its component repair facility in Amsterdam, where AAR has been supporting European Participating Air Forces (EPAF) for over 30 years as a prime provider or subcontractor for repair management, component maintenance, supply chain and depot services.“The RNLAF is pleased to have an MRO contract in place for its F-16 jet fuel starters,” said Lieutenant Colonel Ronald Zoeteman, Program Manager F-16. “The F-16 community is excited to have a trusted partner like AAR support the RNLAF to maintain and improve the availability of the F-16 fleet, and looks forward to continuing this valued relationship.“AAR has been a proud and trusted partner of the RNLAF on the F-16 platform for more than 30 years,” said Maarten Willemsen, Government Program Manager of AAR Component Repair in Amsterdam. “Since the 1980s, AAR Amsterdam has serviced over 3,500 jet fuel starters at our Amsterdam facility – including all RNLAF jet fuel starters. The award of this End-of-Life-of-Type contract reflects our strong relationship, dedication to exceeding customer expectations and shared core values with the RNLAF. We deliver tailored services and capabilities based on commercial best practices and our customers’ unique needs to produce high quality work and cost savings.”For more information about AAR Component Repair services, please click here. About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems and Composite Manufacturing operations. Additional information can be found at www.aarcorp.com. About the Royal Netherlands Air ForceThe Royal Netherlands Air Force is a modern, high-tech armed forces Service that is active on a global basis. The Air Force lends support in combating international unrest and provides disaster relief. At home in the Netherlands, the Air Force ensures security from the air. For these purposes, it has highly-qualified personnel, aircraft, helicopters and other weapon systems at its disposal. This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including the estimated contract value. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2020. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission. CONTACT: Daniela Pietsch AAR Corp +1 630 227 5100 editor@aarcorp.com
- 07/27/2020
|
North American Rail Traffic Fell 7.5% in Week Ended July 18
|
AAR Corp (AIR) Q4 Earnings Beat Estimates, Sales Fall Y/Y
- AAR Corp (AIR) reports fiscal 2020 sales of $2.07 billion, up 1% from $2.05 billion recorded in the previous year.
- 07/22/2020
|
AAR (AIR) Receives a Buy from Canaccord Genuity - Markets
- Canaccord Genuity analyst Kenneth Herbert maintained a Buy rating on AAR (AIR – Research Report) yesterday and set a price
- 07/22/2020
|
AAR Corp (AIR) Q4 2020 Earnings Call Transcript
- At this time, I would like to turn the call over to AAR's President and CEO, John Holmes. Before we get into those results, I'd like to begin by thanking the AAR team for it's truly remarkable strength during these unprecedented times.
- 07/22/2020
|
OptiFuel Combats Climate Crisis with Testing of Preproduction Renewable Natural Gas Hybrid Line-Haul Locomotive Reducing Emissions by 99.5% and Reducing Their Fuel Expenses by 50%
- 40% of the U.S. Population in Urban and Environmental Justice Communities Will Directly Benefit from Zero Criteria Pollutants - OptiFuel Systems
- 07/22/2020
|
AAR Corp. (AIR) CEO John Holmes on Q4 2020 Results - Earnings Call Transcript
- AAR Corp. (NYSE:AIR) Q4 2020 Earnings Conference Call July 21, 2020 04:45 PM ET Company Participants John Holmes - President & Chief Executive Officer Sean Gillen - Chief Financial Officer Conference Call Participants Robert Spingarn - Credit Suisse Joseph DeNardi - Stifel Michael Ciarmoli - SunTrust Josh Sullivan - Benchmark Ken Herbert - Canaccord Presentation Operator Good afternoon, ladies and gentlemen and welcome to AAR's Fiscal 2020 Fourth Quarter Earnings Call.
- 07/21/2020
|
AAR (AIR) Tops Q4 Earnings and Revenue Estimates
- AAR (AIR) delivered earnings and revenue surprises of 208.33% and 27.81%, respectively, for the quarter ended May 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/21/2020
|
AAR: Q4 Earnings Insights
- Shares of AAR (NYSE:AIR) moved higher by 4.33% after the company reported Q4 results.Quarterly Results Earnings per share fell 59.38% over the past year to $0.26, which beat the estimate of ($0.22).Revenue of $416,500,000 decreased by 25.98% from the same period last year, which beat the estimate of $359,030,000.Outlook Earnings guidance hasn't been issued by the company for now.AAR hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Jul 21, 2020View more earnings on AIRTime: 04:45 PMET Webcast URL: http://investors.aarcorp.com/events-and-presentations/upcoming-eventsPrice Action 52-week high: $52.7852-week low: $8.56Price action over last quarter: Up 16.73%Company Profile AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.See more from Benzinga * Benzinga's Top Upgrades, Downgrades For July 15, 2020 * P/E Ratio Insights for AAR * 17 Industrials Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/21/2020
|
AAR Reports Fourth Quarter & Fiscal Year 2020 Results
- Fourth quarter sales of $416.5 million, down 26% from $562.7 million in Q4 FY2019 reflecting the impact of COVID-19Full year sales of $2.07 billion, up 1% from $2.05 billion in.
- 07/21/2020
|
AAR Reports Fourth Quarter & Fiscal Year 2020 Results
- * Fourth quarter sales of $416.5 million, down 26% from $562.7 million in Q4 FY2019 reflecting the impact of COVID-19 * Full year sales of $2.07 billion, up 1% from $2.05 billion in FY2019 * Fourth quarter GAAP and adjusted diluted earnings (loss) per share from continuing operations of $(0.43) and $0.26, respectively * Executed multiple actions to align costs with demand and position the company for the futureWOOD DALE, Ill., July 21, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported fourth quarter Fiscal Year 2020 consolidated sales of $416.5 million and a loss from continuing operations of $15.0 million, or $0.43 per diluted share. Fourth quarter results included pretax charges of $27.9 million related to restructuring actions and exiting underperforming product lines and contracts. For the fourth quarter of the prior year, the Company reported sales of $562.7 million and income from continuing operations of $26.6 million, or $0.76 per diluted share. Our adjusted diluted earnings per share from continuing operations were $0.26 in the current quarter compared to $0.68 in the fourth quarter of the prior year. Consolidated fourth quarter sales decreased 26% from the prior year period due to the impact of COVID-19 and the unprecedented grounding of the world’s commercial fleet. Sales were also impacted by $7.5 million from restructuring actions related to our exit from certain commercial programs. Sales to government and defense customers in the Aviation Services segment continued to grow and were up 8% over the prior year quarter. Sales to government and defense customers represented 47% of our consolidated sales in the current quarter compared to 35% in the prior year quarter.In response to the historic reduction in passenger travel resulting from COVID-19, we executed numerous cost reduction actions to better align our expenses with revenue. We also took several additional actions to improve our operating efficiencies with a goal towards improving our margins for the long term. These actions include facility consolidation, exit of unprofitable product lines as well as exiting or restructuring underperforming commercial programs contracts. These actions resulted in predominantly non-cash impairment and other charges of $27.9 million. “Further in keeping with our long-term strategy to focus on aviation services and subsequent to quarter close, we entered into an agreement to sell our Composites manufacturing business. We expect to recognize an impairment charge of approximately $20 million in the first quarter of Fiscal Year 2021 in connection with the transaction. The sale, which we expect to close in the first half of Fiscal Year 2021, will improve margins as the Composites manufacturing business was unprofitable in Fiscal Year 2020.“As we entered our fourth quarter we were on pace for a record sales year. However, our fourth quarter results were significantly affected by the impact of COVID-19. We took early action to mitigate this impact by reducing both our fixed and variable cost structure. We also drove continued strong performance in our government activities and placed an even greater emphasis on the commercial cargo market,” said John M. Holmes, President and Chief Executive Officer of AAR CORP.During the fourth quarter, we announced a sole source firm-fixed-price $125 million contract from the U.S. Air Force to produce and repair 463L cargo pallets. This is a five-year contract which will begin contributing to our results in the first quarter of Fiscal Year 2021. We also announced the formation of a joint venture with Sumitomo Corporation to provide aviation aftermarket supply chain solutions to Japanese defense and global commercial markets. This joint venture is an extension of our successful, long-standing relationship with Sumitomo serving as a distributor for OEM factory-new parts to Japanese defense customers.Subsequent to the fourth quarter, we announced an extension and expansion of our exclusive worldwide aftermarket distribution agreement with Unison Industries covering their electrical components, sensors, and systems for aircraft and industrial uses. This agreement is valued at more than $1 billion over the 11-year term and validates the robust value proposition that our distribution team provides to OEMs in the aviation aftermarket.Also, on July 20, 2020, we announced that certain of our subsidiaries expect to receive $57.2 million from the U.S. Treasury Department through the Payroll Support Program under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This support will enable us to maintain our current skilled workforce in our U.S. airframe and landing gear maintenance, repair and overhaul operations and allow us to continue to provide exceptional service to our customers. Gross profit margin in the current quarter was 8.7% compared to 16.8% in the prior year quarter due primarily to the impact of COVID-19 and our restructuring actions. Selling, general and administrative expenses decreased by $16.0 million from $63.3 million to $47.3 million reflecting cost reduction actions.Net interest expense for the quarter was $2.6 million compared to $2.1 million in the prior year quarter as we maintained higher cash reserves during the quarter. Cash flow used in operating activities from continuing operations was $18.6 million during the current quarter driven by timing of customer collections and vendor payments.Fiscal Year 2020 ResultsFull Fiscal Year 2020 consolidated sales were $2.07 billion, an increase of 1.0% over Fiscal Year 2019. Aviation Services sales grew by 2.3% with successful execution of recent contract awards in our government and defense activities driving exceptional growth of 20.2% in these end markets which was largely offset by the decrease in commercial airline volumes in the fourth quarter due to COVID-19. Expeditionary Services sales decreased 17.8% in Fiscal Year 2020 as delayed contract awards, including the previously discussed cargo pallet contract at our Mobility operation, significantly impacted results in Fiscal Year 2020. Full Fiscal Year 2020 income from continuing operations was $24.8 million, or $0.71 per diluted share. In Fiscal Year 2019, income from continuing operations was $84.1 million, or $2.40 per share. Our adjusted diluted earnings per share from continuing operations was $2.15 in the current year compared to $2.44 last year reflecting the significance of the fourth quarter impact of COVID-19.Sales to government and defense customers were 38% of consolidated sales compared to 33% in the prior year reflecting growth from the WASS program and other government programs. Sales to commercial customers represented 62% of consolidated sales compared to 67% last year.Net debt at May 31, 2020 was $197.3 million compared to $121.6 million at May 31, 2019. Our net leverage was 1.3x at May 31, 2020 compared to 0.7x at May 31, 2019. Cash flow from operating activities from continuing operations was a use of cash of $19.1 million in Fiscal Year 2020 compared to cash provided from operations of $60.5 million in Fiscal Year 2019. Our accounts receivable financing program was a use of cash of $11.9 million in Fiscal Year 2020 compared to a benefit of $14.5 million in the prior year.Holmes concluded, “During this time of uncertainty in the commercial passenger airline industry, we are experiencing growth in our government and defense activities and are capitalizing on opportunities in the commercial cargo market. Our balance sheet remains strong and we have taken numerous actions to not only successfully navigate the current downturn but to emerge as an even stronger Company with a better margin profile.” OutlookGiven the continued macro uncertainty from the impact of COVID-19, we will not be providing financial guidance for Fiscal Year 2021 at this time.Conference Call Information AAR will hold its quarterly conference call at 3:45 p.m. CDT on July 21, 2020. The conference call can be accessed by calling 833-983-1515 from inside the U.S. or +1-956-394-3030 from outside the U.S. A replay of the conference call will also be available by calling 855-859-2056 from inside the U.S. or +1-404-537-3406 from outside the U.S. (access code 9866865). The replay will be available from 7:15 p.m. CT on July 21, 2020 until 10:59 p.m. CT on July 27, 2020.About AARAAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include parts supply; OEM solutions; integrated solutions; maintenance, repair, overhaul; and engineering. AAR’s Expeditionary Services include mobility systems and composite manufacturing operations. Additional information can be found at www.aarcorp.com. Contact: Dylan Wolin – Vice President, Strategic & Corporate Development and Treasurer | (630) 227-2017 | dylan.wolin@aarcorp.comThis press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including but not limited to, our actions to reduce costs and improve operating efficiencies and their anticipated impact on our results, the availability of potential aid to the broader aviation industry, in particular our expectation to receive $57.
- 07/21/2020
|
AAR Corp. to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / July 21, 2020 / AAR Corp.
- 07/21/2020
|
AAR expects to receive $57.2 million from U.S. Treasury under Air Carrier Worker Support portion of CARES Act
- Wood Dale, Illinois, July 20, 2020 -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators worldwide, today announced that certain of.
- 07/20/2020
|
AAR (AIR) Set to Announce Quarterly Earnings on Tuesday
- AAR (NYSE:AIR) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, July 21st. Analysts expect the company to announce earnings of ($0.22) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link. NYSE:AIR opened at $19.08 on Friday. The […]
- 07/19/2020
|
MEDIA ALERT – Enhanced Business Interest Deduction Rules Can Help Companies That May Be Struggling With Impact of COVID-19 Pandemic
- Wolters Kluwer Tax & Accounting looks at how businesses can take advantage of options with respect to the expanded business interest deduction.
- 07/17/2020
|
North American Rail Traffic Fell 14.2% in Week Ended July 11 | MarketScreener
|
Reducing GST on hand sanitisers will hurt consumers and manufacturers, clarifies Centre
- Finance Ministry clarified that reducing GST on hand sanitisers would make imports cheaper, harming domestic manufacturers and violating the principle of Atmanirbhar Bharat
- 07/15/2020
|
AAR : continues successful Unison Industries partnership with re-selection as exclusive distributor - General News - News | MarketScreener
|
18% GST applicable for alcohol based hand sanitisers: AAR
- Alcohol based hand sanitisers will attract 18 per cent Goods and Services Tax (GST), according to a ruling by Authority for Advance Ruling (AAR).
- 07/15/2020
|
COVID: Alcohol-Based Hand Sanitizers to Attract 18% GST, Says AAR
- AAR said while the Centre has classified sanitizers as essential, the GST law has a separate list of exempted goods.
- 07/15/2020
|
Alcohol Based Sanitizers To Attract 18% GST: AAR
- On alcohol based sanitizers, the Authority for Advance Ruling (AAR said a 18% GST shall apply. Springfield India Distilleries reached out to Goa Bench of AAR for clarifying the classification of sanitizers and also contended that they are imposed a GST of 12%.
- 07/15/2020
|
AAR continues successful Unison Industries partnership with re-selection as exclusive distributor | MarketScreener
|
AAR continues successful Unison Industries partnership with re-selection as exclusive distributor
- Wood Dale, Illinois, July 14, 2020 -- AAR (NYSE: AIR), a leading provider of aviation services to commercial and government operators worldwide, and Unison Industries jointly.
- 07/14/2020
|
Covid-19: Alcohol-based hand sanitizers to attract 18% GST, rules AAR
- Springfields (India) Distilleries had moved Goa AAR over classification of the hand sanitizer and the applicable rate of GST.
- 07/14/2020
|
Hand sanitisers are essential commodity but will attract 18% GST for this reason
- Merely classifying any goods as an essential commodity will not be the criteria for exempting such goods from GST.
- 07/14/2020
|
Analysts Estimate AAR (AIR) to Report a Decline in Earnings: What to Look Out for
- AAR (AIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/14/2020
|
Alcohol-based hand sanitisers to attract 18% GST: AAR
- The AAR, in its ruling, said since hand sanitisers manufactured by the applicant are of the category of 'alcohol-based hand sanitisers', a 18 per cent GST would be applicable.
- 07/14/2020
|
Alcohol-based hand sanitisers to attract 18% GST, not exempted: AAR
- The AAR, in its ruling, said since hand sanitisers manufactured by the applicant are of the category of 'alcohol-based hand sanitisers', a 18 per cent GST would be applicable
- 07/14/2020
|
AAR Elects Robert F. Leduc to its Board of Directors
- Wood Dale, July 14, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) announced today that Robert F. Leduc, retired President of Pratt & Whitney, has been elected to the Company's Board of Directors, effective immediately. The addition of Mr. Leduc increases the size of the Board from 12 to 13 directors. "Bob brings significant industry and leadership experience as well as a deep knowledge of the aviation market from his time at United Technologies," said John M. Holmes, President and Chief Executive Officer of AAR. "We are very pleased to welcome Bob to our Board of Directors and look forward to his contributions.”Mr. Leduc, 64, recently retired as president of Pratt & Whitney, a role he held since January 2016. Previously he served in a number of senior executive roles for more than 38 years at United Technologies Corporation, including president of Sikorsky Aircraft. He began his career in aerospace engineering at Pratt & Whitney, holding roles of increasing leadership responsibility in program management, strategy and customer support before being named Senior Vice President, Engine Programs & Customer Support in 1995. In 2000, he was appointed President of Large Commercial Engines and Chief Operating Officer. He is a member of the board of the Connecticut Science Center, and he established the Robert and Jeanne Leduc Center for Civic Engagement at the University of Massachusetts Dartmouth. He earned a B.S. degree in mechanical engineering from Southeastern Massachusetts University (now UMass Dartmouth) and an honorary doctorate in business from the University of Massachusetts. About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR’s Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR’s Expeditionary Services include Mobility Systems and Composite Manufacturing operations. Additional information can be found at www.aarcorp.com. This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, including the estimated contract value. Forward-looking statements may also be identified because they contain words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘continue,’’ ‘‘could,’’ ‘‘estimate,’’ ‘‘expect,’’ ‘‘intend,’’ ‘‘likely,’’ ‘‘may,’’ ‘‘might,’’ ‘‘plan,’’ ‘‘potential,’’ ‘‘predict,’’ ‘‘project,’’ ‘‘seek,’’ ‘‘should,’’ ‘‘target,’’ ‘‘will,’’ ‘‘would,’’ or similar expressions and the negatives of those terms. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled “Risk Factors”, included in the Company’s Form 10-K for the fiscal year ended May 31, 2019 and the Company’s Form 10-Q for the fiscal quarter ended February 29, 2020. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company’s control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR’s filings with the Securities and Exchange Commission. Attachment * Bob Leduc CONTACT: Daniela Pietsch AAR Corp +1 620 227 5100 editor@aarcorp.com
- 07/14/2020
|
AAR : Elects Robert F. Leduc to its Board of Directors | MarketScreener
|
Alcohol-based Hand Sanitisers to Attract 18% GST: Authority for Advance Ruling
- The AAR also said that although the Ministry of Consumer Affairs has classified hand sanitisers as an essential commodity, the GST law has a separate list of exempted goods.
- 07/14/2020
|
Alcohol-based hand sanitisers to attract 18% GST: AAR
- The authority further said that although the Ministry of Consumer Affairs has classified hand sanitisers as an essential commodity, the GST law has a separate list of exempted goods
- 07/14/2020
|
Alyce Named G2 Account-Based Execution Enterprise Leader in Four Categories with Best Results and Usability for Summer 2020
- Alyce Named G2 Account-Based Execution Enterprise Leader in Four Categories with Best Results and Usability for Summer 2020
- 07/13/2020
|
No GST on membership or admission fee: Maharashtra AAAR
- The Maharashtra AAAR effectively set aside the state AAR ruling that had termed membership fee as supply of service liable to GST. The state appellate body had issued a similar order in case of Lions Club membership fee, and has therefore kept the same reasoning in this case.
- 07/10/2020
|
AAR Corp. : annual earnings release | MarketScreener
|
North American Rail Traffic Fell 4.9% in Week Ended July 4 | MarketScreener
|
AAR to announce fourth quarter fiscal year 2020 results on July 21, 2020 | MarketScreener
|
AAR to announce fourth quarter fiscal year 2020 results on July 21, 2020
- AAR CORP. (AIR) today announced that it will release financial results for its fourth quarter of fiscal year 2020, ended May 31, 2020, after the market closes on Tuesday, July 21, 2020. On Tuesday, July 21, 2020 at 3:45 p.m. CT, AAR will hold a conference call to discuss the results. AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries.
- 07/07/2020
|
Are Investors Undervaluing AAR Corp. (NYSE:AIR) By 24%?
- Does the July share price for AAR Corp. (NYSE:AIR) reflect what it's really worth? Today, we will estimate the stock's...
- 07/07/2020
|
Software consulting services provided to Indian company's foreign client liable to GST: AAR
- A firm engaged in the business of providing software related consultancy services in Oracle ERP approached the Tamil Nadu bench of the AAR seeking ruling on whether the services provided by it to foreign client of a GST-registered IT company, Doyen Systems, shall be treated as export of services.
- 07/05/2020
|
Software services to Indian firm's overseas client liable to GST: AAR
- A firm that provided software-related consultancy services in Oracle ERP sought AAR seeking ruling on whether the services provided by it to foreign client of a GST-registered IT company, Doyen Systems shall be treated as export of services
- 07/05/2020
|
Software consulting services provided to Indian co's foreign client liable to GST: AAR
- A firm engaged in the business of providing software related consultancy services in Oracle ERP approached the Tamil Nadu bench of the AAR seeking ruling on whether the services provided by it to foreign client of a GST-registered IT company, Doyen Systems, shall be treated as export of services. In the said case, the original contract was between Doyen Systems and the US client, and a part of the service was contracted to the applicant firm, who would be paid consultancy fee for his services.
- 07/05/2020
|
Dark day for workers as thousands lose jobs including 15,000 at Boeing rival Airbus
- The U.K. government’s job support package has paid the wages of 9.3 million workers since April, but in August it will be relaxed and there are fears this could cause a wave of unemployment.
- 07/01/2020
|
North American Rail Traffic Fell 14.3% in Week Ended June 27 | MarketScreener
|
Earnings Preview: AAR (AIR) Q4 Earnings Expected to Decline
- AAR (AIR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/01/2020
|
AAR : named to Bloomberg Government´s BGOV200 list of top federal contractors | MarketScreener
|
West Bengal Authority of Advance Ruling has ordered that a liquidator must pay GST on sale of assets of a defunct company
- The AAR has ruled that the National Company Law Tribunal appointed liquidator must have the GST registration till all liabilities cease to exist.
- 06/30/2020
|
Freight Rail Employee Compensation
|
AAR : named to Bloomberg Government's BGOV200 list of top federal contractors | MarketScreener
|
AAR named to Bloomberg Government´s BGOV200 list of top federal contractors | MarketScreener
|
AAR named to Bloomberg Government´s BGOV200 list of top federal contractors
- Wood Dale, Illinois — AAR (AIR), a leading independent provider of aviation services to commercial and government operators worldwide, has been named one of the top 200 federal contractors by Bloomberg Government (BGOV) in the ninth annual BGOV200. AAR ranked #93 this year on the BGOV200 list, improving from its ranking of 119th in 2019. The rankings are based on fiscal year 2019 data for unclassified, prime contracts awarded across all U.S. federal government agencies.
- 06/30/2020
|
Analysts Offer Insights on Technology Companies: AAR (NYSE: AIR), II-VI (NASDAQ: IIVI) and Paypal Holdings (NASDAQ: PYPL) - Markets
- There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AAR (AIR
- 06/30/2020
|
Alnylam Reports New 12-Month Interim Data From the ENVISION Phase 3 Study of Givosiran in Acute Hepatic Porphyria
- Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY), the leading RNAi therapeutics company, today announced the presentation of new data from the open-label
- 06/30/2020
|
Why Shares of AAR Were Up Today | The Motley Fool
- The aerospace maintenance company has sold an unprofitable division as part of a broader streamlining.
- 06/29/2020
|
AAR Agrees to Divest Non-Core Composites Manufacturing Business
- AAR CORP. (AIR), a leading provider of aviation services to commercial and government operators worldwide, announced that it has entered into a definitive agreement to divest its aerospace composite manufacturing business after running a sale process that began earlier this year. The buyer is an affiliate of Architect Equity. The Composites business designs, fabricates and assembles composite aerospace products for customers in the commercial aerospace and defense industries.
- 06/29/2020
|
Clean Air Metals Announces Addition Of Second Drill and Commencement of Phase 2 Drilling at Escape Lake, Thunder Bay North
- TORONTO , June 29, 2020 /CNW/ - Clean Air Metals Inc. (formerly Regency Gold Corp.) ("Clean Air" or the "Company") (TSX.V: AIR) is pleased to announce that a second drill has now been mobilized to the Escape Lake area of the Thunder Bay North Project. Phase 1 and 2 drilling at Escape Lake continues on with a minimum total of 20,000m of drilling going forward. One drill continues to be focused on the southern portion of the Escape Lake mineralized zone (see press release dated June 17, 2020 ) conducting stepout holes testing possible lateral and along strike extensions to the south and east.
- 06/29/2020
|
7 Beaten-Up Housing Stocks Poised For Growth
- While these stocks are down year-to-date, analysts expect their earnings per share to grow in 2021 compared with 2019, before the companies were impacted by the virus.
- 06/27/2020
|
AAR Corp. (NYSE:AIR) Shares Sold by Two Sigma Investments LP
- Two Sigma Investments LP reduced its position in shares of AAR Corp. (NYSE:AIR) by 15.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,890 shares of the aerospace company’s stock after selling 4,212 shares during the period. Two Sigma […]
- 06/27/2020
|
Here’s A Brilliant Pandemic-Driven Pivot From A Popular Seattle Restaurant Group
- Here’s how Homegrown rolled out its curated grocery delivery service, Homegrown Goods.
- 06/27/2020
|
Mobilització dels ‘riders’ que sí que volen seguir sent autònoms
- La meitat dels repartidors d’aplicacions com Glovo, Deliveroo o Stuart feia temps que demanaven una regulació que cobrís la seva manera de...
- 06/26/2020
|
Software Project Management: A Guide for Small Businesses
- Software development is complex, and good project management can mean the difference between success and failure. Here's how to manage a software project well.
- 06/26/2020
|
2:00PM Water Cooler 6/26/2020 | naked capitalism
- COVID-19 spike in the states, plus county data ~ Biden on masks ~ Biden on Black Lives Matter ~ Massive Trump takedown by Nooners ~ The Great Assimilation™ ~ Consumer spending, personal income, consumer sentiment ~ The Black Death ~ COVID-19 aerosols, HVAC ~ Forests and carbon
- 06/26/2020
|
Riders y feriantes llevan sus protestas a las calles de Barcelona
- Los primeros marchan por la Diagonal y los segundos cortan la Gran Via
- 06/26/2020
|
After parotas, ready-to-eat popcorn to attract 18% GST, rules Gujarat AAR
- The ruling came after a Surat-based manufacturer of puffed corn (aka popcorn)- Jay Jalaram Enterprises - approached AAR to seek clarity on the applicable GST rate on ready-to-eat popcorn
- 06/26/2020
|
18% GST on popcorn: It’s not just corn, tax authority explains what makes it premium food
- A packet of corn, which needs to be heated before eating, would attract 5% GST; but, the ready-to-eat popcorn bag is oiled and seasoned, and hence will attract 18% tax.
- 06/25/2020
|
Munch on it: GST ruling puts popcorn in 18% tax bracket
- The AAR held that JJs Popcorn fitted the description of ‘Prepared foods obtained by the roasting of cereal and would be taxed at 18%.
- 06/25/2020
|
Ready-to-eat popcorn to attract 18% GST, says Gujarat AAR
- A fresh Gujarat AAR ruling has made it clear that ready-to-eat popcorn will attract 18 per cent GST. Earlier, a similar ruling put ready-to-eat frozen parotta under 18 per cent GST bracket.
- 06/25/2020
|
A Small Business Guide to Network Operations Center (NOC)
- If you've outgrown your IT help desk, then it's time for a network operations center (NOC). The Blueprint outlines NOC best practices for your small business.
- 06/24/2020
|
North American Rail Traffic Fell 12.7% in Week Ended June 20 | MarketScreener
|
U.S. weighs additional tariffs on $3.1 billion of European goods
- The U.S. Trade Representative said it is considering additional tariffs on $3.1 billion worth of products of France, Germany, Spain, and the United Kingdom. The disclosure, made in a filing about the Airbus -Boeing dispute, said it's targeting new products for tariffs including olives, gin and trucks while increasing tariffs for aircraft and yogurt. European stocks extended a decline after Bloomberg News first reported the news.
- 06/24/2020
|
U.S. weighs $3.1 billion of additional tariffs on European goods
- The U.S. Trade Representative said it is considering an additional $3.1 billion worth of tariffs on products of France, Germany, Spain, and the United Kingdom. The disclosure, made in a filing about the Airbus -Boeing dispute, said it's targeting new products for tariffs including olives, gin and trucks while increasing tariffs for aircraft and yogurt. European stocks extended a decline after Bloomberg News first reported the news.
- 06/24/2020
|
Should You Avoid AAR Corp. (AIR)?
- The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
- 06/23/2020
|
Interest on bank deposit, PPF, loans to be included for calculating GST registration threshold, rules AAR
- AAR ruled that the applicant is required to aggregate the value of exempted interest income along with the value of the taxable supply.
- 06/23/2020
|
Tax Strategy: QIP post-CARES Act
- The rules governing qualified improvement property ...
- 06/23/2020
|
Cierre de playas para evitar aglomeraciones la noche de San Juan
- No habrá hogueras en las playas mediterráneas la noche de San Juan ni tampoco se podrán saltar olas. La nueva normalidad no ha hecho desaparecer el virus y las localidades costeras
- 06/23/2020
|
+105% In 13 Weeks - The 'Crisis Composite' Strategy Still Crushing The Market
- During the COVID-19 Crisis, I’ve been writing about a unique stock strategy that has outperformed the markets in several of the last crises since 1974. My take
- 06/22/2020
|
Alaska sees revenue, load factor continuing to improve in June
- Alaska Air Group Inc. said Monday that it expects June revenue to improve to being down about 80% from a year ago, following May revenue being down 83% and April revenue down 87%. The air carrier said load factor is expected to improve to about 50% to 55%, from 40% in May and 15% in April. Available seat miles, or capacity, is expected to be down 70% in June, after being down 79% in May, while revenue passengers is expected to improve to being down 80% to 85% in June from down 90% in May. The company said despite the signs of recovery seen starting in May, second-quarter demand remains significantly below historic levels as a result of the COVID-19 pandemic, and the third quarter is expected to be "significantly adversely impacted" as well. The company said it has parked 156 mainline aircraft, including permanently removing 12 Airbus aircraft. The stock, which fell 1.9% in premarket trading, has lost 46.4% year to date through Friday, while the U.S. Global Jets ETF has lost 44.2% and the S&P; 500 has declined 4.1%.
- 06/22/2020
|
Buying Developed Land, Plot: There Will Be Now GST Implication On It
- The AAR in a major step has said that now buying land or plots that have primary facilities of drainage, electricity will have GST implications. GST will be levied on sale of land for which primary amenities - such as drainage, waterline and electricity - have been provided by real estate developer, said the AAR.
- 06/22/2020
|
Sale of plots with drainage, water line, electricity to attract GST
- AAR has ruled that GST will be levied on sale of land for which primary facilities like drainage, waterline and electricity have been provided by real estate developer
- 06/22/2020
|
Real estate alert! Planning to buy plot? Must know this important tax development before purchasing land
- It's a piece of important information for those planning to buy developed land or plots with primary amenities - such as drainage, waterline and electricity.
- 06/22/2020
|
PPF, bank interest to be included for calculating GST registration threshold
- An individual had filed an application before the Gujarat bench of AAR asking whether interest received from savings bank, PPF and loans and advances to family would be considered for the purpose of calculating threshold limit of ₹20 lakh for registration under GST law
- 06/22/2020
|
Input tax credit cannot be availed on GST paid for employees cabs
- The AAR in its ruling said since the applicant failed to cite any law under which the service of providing transportation facility to its employees is obligatory, ITC will not be available
- 06/21/2020
|
Can input tax credit be availed on GST paid for hiring vehicles for employees? Find out
- The AAR in its ruling said since the applicant failed to cite any law under which the service of providing transportation facility to its employees is obligatory, ITC will not be available.
- 06/21/2020
|
ITC cannot be availed on GST paid for hiring vehicles for employee transportation
- The AAR in its ruling said since the applicant failed to cite any law under which the service of providing transportation facility to its employees is obligatory, ITC will not be available.
- 06/21/2020
|
Developed land sold as plots will attract GST: AAR
- The AAR has also concluded that sale of developed plots will be covered under the clause 'construction of a complex intended for sale to a buyer' and accordingly GST would be levied.
- 06/21/2020
|
Developed land sold as plots will attract GST: AAR
- The AAR has also concluded that sale of developed plots will be covered under the clause 'construction of a complex intended for sale to a buyer' and accordingly GST would be levied.
- 06/21/2020
|
ITC cannot be availed on GST paid for hiring vehicles for staff transportation
- The company also hires taxi for tour/OB recordings with the state.The AAR in its ruling said since the applicant failed to cite any law under which the service of providing transportation facility to its employees is obligatory, ITC will not be available
- 06/21/2020
|
ITC cannot be availed on GST paid for hiring vehicles for employee transportation
- The company also hires taxi for tour/OB recordings with the state. The AAR in its ruling said since the applicant failed to cite any law under which the service of providing transportation facility to its employees is obligatory, ITC will not be available.
- 06/21/2020
|
Developed land sold as plots will attract GST: AAR
- The AAR, while passing the ruling, said that the applicant sells the developed land as plots and the sale price includes cost of land, as well as price of amenities on a proportionate basis.
- 06/21/2020
|
Developed land sold as plots will attract GST: AAR
- AAR has also concluded that sale of developed plots will be covered under the clause 'construction of a complex intended for sale to a buyer'.AAR said the applicant sells the developed land as plots and the sale price includes cost of land, as well as price of amenities on a proportionate basis
- 06/21/2020
|
Developed land sold as plots will attract GST: AAR
- An applicant had approached the Gujarat bench of AAR on whether Goods and Services Tax (GST) is applicable on sale of plot of land for which, as per the requirement of approved by the respective authority (i.e. Jila Panchayat), primary amenities such as, drainage line, water line, electricity line, land levelling etc are to be provided by the applicant. “We find that the activity of the sale of developed plots would be covered under the clause 'construction of a complex intended for sale to a buyer'.
- 06/21/2020
|
2:00PM Water Cooler 6/19/2020 | naked capitalism
- COVID-19 in the West ~ Klobuchar knifes Warren ~ Could Biden be running a genius-level campaign ~ Empathy ~ Who lost China? ~ Trump in Tulsa ~ Trump the undefeated ~ Amy McGrath ~ Rail, trucking, tankers ~ Go long Plexiglass ~ Ocean rise and the 30-year mortgage ~ Juneteenth ~ CHOP/CHAZ v. the Commune ~ R.I.P. Ian Holm ~ Smell and the brain
- 06/19/2020
|
Now pay GST on purchase of plots too
- According to the Gujarat AAR, the activity of the sale of 'developed' plots would be covered under the clause 'construction of a complex intended for sale to a buyer'
- 06/19/2020
|
Tiger Global's tax dodge on Flipkart-Walmart deal is making Mauritius investors wary
- Three Mauritius-based investment arms of Tiger Global had approached the AAR after the Income Tax Department rejected their application seeking benefits under the tax treaty.
- 06/19/2020
|
Anglo Australian more than doubles mineralised footprint at Mandilla gold discovery
- Anglo Australian Resources (ASX: AAR) reported that recent reverse circulation (RC) and diamond drilling has “significantly” expanded the mineralised footprint at the company’s 100%-owned Mandilla gold project, 70km south of Kalgoorlie.
- 06/19/2020
|
Gold prices are looking for direction, Cardinal recommends $300m takeover offer - Stockhead
- Gold remains in a holding pattern with spot prices dipping slightly from last week’s close of $US1,730.80 an ounce to the current price of $US1,723.95 an ounce. Currency exchange rates mean that Australian gold producers continue to enjoy an Australian dollar price of about $2,510 an ounce. The precious metal barely reacted to better-than-expected sentiment …
- 06/19/2020
|
PPF, सेविंग्स बैंक अकाउंट पर ब्याज को GST पंजीकरण सीमा की कैलकुलेशन में करना होगा शामिल: AAR
|
Interest on PPF, savings to be used for calculating GST registration: AAR
- For businesses and individuals, they are required to obtain GST registration if their aggregate turnover is Rs 20 lakh or more, under the GST law (Goods and Services Tax).
- 06/18/2020
|
Interest on PPF, savings bank deposit to be included for calculating GST registration threshold: AAR
- Under the Goods and Services Tax law, businesses and individuals are required to obtain GST registration if their aggregate turnover is Rs 20 lakh or more. AMRG & Associates Senior Partner Rajat Mohan said this ruling may lead to homemakers, retired persons and freelancers taking GST registration.
- 06/18/2020
|
Goods purchased, sold overseas liable to GST in India: AAR
- Vendor would issue invoice on applicant against which payment would be made in foreign currency and applicant would raise invoice on customer and would receive consideration in foreign currency.
- 06/18/2020
|
Interest On PPF, Savings Account To Be Included To Calculate GST Registration Threshold: AAR
- While calculating the threshold limit for obtaining GST registration to include the value of exempted income, like interest on PPF, savings bank account and loans given to family/friends, along with taxable supplies, the Gujarat Authority for Advance Ruling (AAR) has said in response to an application.
- 06/18/2020
|
Goods purchased, sold overseas liable to GST in India: AAR
- Experts said the ruling on supplies goods bought from abroad and sold to a customer in another country without entering the Indian territory is set to cause uncertainty and anxiety among trade as it could escalate tax risk in businesses engaged in merchant trade transactions.
- 06/18/2020
|
Interest on PPF, savings to be used for calculating GST registration: AAR
- The individual, in his application, had disclosed that his total receipts in 2018-19 fiscal were about Rs 20.12 lakh, including rent receipt of Rs 9.84 lakh
- 06/18/2020
|
Interest on PPF, Savings Bank Deposit to be Included for Calculating GST Registration Threshold: AAR
- Under the Goods and Services Tax law, businesses and individuals are required to obtain GST registration if their aggregate turnover is Rs 20 lakh or more.
- 06/18/2020
|
Interest on PPF, savings bank deposit to be included for calculating GST registration threshold: AAR
|
Goods bought, sold overseas by domestic firms liable to GST in India: AAR
- Vendor would issue invoice on applicant against which payment would be made in foreign currency and applicant would raise invoice on customer and would receive consideration in foreign currency.
- 06/18/2020
|
Goods purchased, sold overseas liable to GST in India: AAR
- On an application filed by Sterlite Technologies, the Gujarat-bench of AAR has ruled that GST is payable on goods sold to customer located outside India.
- 06/18/2020
|
This Better Be the Bottom for the Goods-Based Sector in the US
- It’s going to be a tough slog forward.
- 06/17/2020
|
North American Rail Traffic Fell 14.4% in Week Ended June 13 | MarketScreener
|
Principal Financial Group Inc. Sells 17,378 Shares of AAR Corp. (NYSE:AIR)
- Principal Financial Group Inc. decreased its holdings in AAR Corp. (NYSE:AIR) by 6.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 249,394 shares of the aerospace company’s stock after selling 17,378 shares during the quarter. Principal Financial Group Inc. owned 0.71% of […]
- 06/16/2020
|
Victory Capital Management Inc. Trims Stock Position in AAR Corp. (NYSE:AIR)
- Victory Capital Management Inc. lessened its position in shares of AAR Corp. (NYSE:AIR) by 4.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 678,713 shares of the aerospace company’s stock after selling 34,640 shares during the quarter. Victory Capital Management Inc. owned about […]
- 06/16/2020
|
Parota to paroti for the sake of GST
- With a lot of dough riding on it, a little change in spelling could go a long way.
- 06/15/2020
|
AAR Corp. (NYSE:AIR) Shares Sold by Alliancebernstein L.P.
- Alliancebernstein L.P. cut its stake in shares of AAR Corp. (NYSE:AIR) by 1.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,476,256 shares of the aerospace company’s stock after selling 25,785 shares during the period. Alliancebernstein L.P. owned approximately 7.05% of […]
- 06/15/2020
|
Ex-jogador mexicano Aar
- O ex-jogador mexicano Aar
- 06/14/2020
|
रोटी Vs परांठा: प्रॉडक्ट्स की कैटेगरी को लेकर पहले भी हो चुके हैं विवाद, GST के मल्टीपल टैक्स स्लैब्स ने बढ़ाया कन्फ्यूजन
|
AlphaCrest Capital Management LLC Makes New $371,000 Investment in AAR Corp. (NYSE:AIR)
- AlphaCrest Capital Management LLC acquired a new position in shares of AAR Corp. (NYSE:AIR) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 20,913 shares of the aerospace company’s stock, valued at approximately $371,000. AlphaCrest Capital Management LLC owned about 0.06% of AAR as of its […]
- 06/14/2020
|
Meet the parotta – the Kerala flatbread that attracts more GST than the North Indian roti
- What is this delicious culinary treat, and how did it come to be an icon of Kerala? Where else can you find a parotta, and how are they different from their Malabar cousin?
- 06/14/2020
|
Roti vs parotta, biscuit vs chocolate, fryum vs papad
- Too many tax slabs, rates lead to more disputes over product classification
- 06/14/2020
|
Cheap Stocks: These 4 Trade Below Book, Have Low Debt And Pay Dividends
- Is it possible to find value at a time when the NASDAQ-100 is just now backing off of all time highs and where the Schiller p/e for the S&P 500 is a mighty 28.52?
- 06/14/2020
|
Frozen parota not staple food, to attract 18% GST, says govt
- The Authority for Advance Ruling (AAR) bench of Karnataka had earlier held that frozen (and preserved) wheat and malabar parota, with a shelf life of three-seven days, was a
- 06/13/2020
|
Explained: Why parota gets charged a higher GST than roti
- Most food items, especially those of essential and unprocessed nature, are charged nil GST. But processed foods attract higher rates of 5%, 12%, or 18%, depending on the product.
- 06/13/2020
|
Frozen paratha to be charged 18% GST: Sources
- Processed and packaged food items are subjected to higher tax under GST.
- 06/13/2020
|
Weekly Indicators: The Coronavirus Is A Copying Machine; It Does Not Care About Your Ideology
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long-leading, short-leading, and coincident in
- 06/13/2020
|
புரோசன் பராத்தா ரொட்டி அல்ல, 18% ஜிஎஸ்டிக்கு வரி விதிக்கப்படும்: Sources
- பெங்களூருவைச் சேர்ந்த ரெடி-டு-குக் உணவு தயாரிப்பாளர், அதன் தயாரிப்புகளை காக்ரா, ப்ளைன் சப்பாத்தி அல்லது ரொட்டி போன்றே சட்டத்தின் கீழ் நடத்த வேண்டும் என்று வாதிடுகிறார்.
- 06/13/2020
|
ताजा नहीं बल्कि फ्रोजन पैक पराठे पर लगेगा 18 फीसदी टैक्स!
- नई दिल्लीः पराठे पर कितना टैक्स देना होगा इस बात पर इन दिनों रेस्टोरेंट्स और टैक्स अथॉरिटीज में घमासान मचा हुआ है.
- 06/13/2020
|
Frozen paratha is not roti, will be taxed 18% GST: Sources
- The restaurants are up in arms with the Authority for Advance Ruling (AAR) over levying of 18% GST on paratha or parota. The AAR ruled that 18% GST will be levied on wheat packaged paratha and malabar paratha which are frozen packs.
- 06/13/2020
|
Ready-to-eat frozen parota not staple food, to attract 18% GST: Govt
- The AAR (Karnataka) bench held that frozen (and preserved) wheat parota and malabar parota, with a shelf life of three-seven days, was a "distinct product and not a plain roti". It has held that frozen and preserved parota would attract GST at the rate of 18 per cent.
- 06/13/2020
|
Ready-to-eat parottas to attract 5% GST, says finance ministry
- Rotis, paranthas or parottas sold ready to eat are distinct from the preserved, frozen, packaged and branded products which are sold at a higher price
- 06/13/2020
|
Ready-to-eat parotas to attract 18% GST; 5% for plain parotas, clarifies CBIC
- Ready-to-eat parotas, unlike rotis, need to be further processed for human consumption and hence are liable for 18% GST
- 06/13/2020
|
18% GST ruling on 'Parotas' cooks up storm on social media
- What is the difference between a roti and a Paratha? Apart from the taste, it is 18 per cent GST that can be imposed on Parotas (or Parathas) because these need to be heated before consumption.
- 06/13/2020
|
Indians react with memes to report that says 18% GST imposed on parota
- Many wondered what would happen to kulchas and naans, and some questioned if luxury tax will be imposed on keema parathas.
- 06/13/2020
|
Fresh parota at restaurant attracts 5% GST, tax rate jumps to 18% if sold frozen
- An official said frozen parota is preserved, sealed packed and branded. It is sold at a premium and it is not a staple item. It is consumed by the affluent class that could afford to pay tax.
- 06/13/2020
|
Ready-to-eat parotas are not rotis and will attract 18% GST: AAR
- The AAR in its ruling observed that parota does not have any specific entry in Customs Tariff Act or GST tariff.
- 06/12/2020
|
Hands Off Parotta: Twitter Calls Out 'Food Fascism' after 18 Percent GST Ruling
- As per a recent rule by the Authority for Advance Rulings' Karnata bench, parotta and roti are separate.
- 06/12/2020
|
Paratha is not roti, must be taxed at 18% GST; Anand Mahindra quips Indians will come up with jugaad
- The Karnataka government has ruled differentiating paratha or parota from roti, which are essentially two types of Indian breads, and has clarified that paratha must be taxed at more than triple the GST tax rate on roti.
- 06/12/2020
|
#HandsOffPorotta trends on Twitter after Parota gets 18 per cent GST on it. Best memes and jokes
- After Twitterati learned that a GST of 18 per cent would be levied on parota, they took to social media to share best memes and jokes.
- 06/12/2020
|
"Parathas Not Same As Rotis:" Ruling Backs 18% GST On Parathas
- A Bengaluru-based ready-to-cook food maker contends that its products should be treated in the same way as khakhra, plain chapati or roti under the law.
- 06/12/2020
|
Roti vs parota: What is the difference?
- A recent GST ruling sparked off the debate with the Authority for Advance Rulings (AAR, Karnataka Bench) suggesting parotas would be subject to a higher GST rate of 18 per cent as compared to roti. We asked experts about the basic difference between the two. Read to know what they said.
- 06/12/2020
|
Ready-to-eat frozen parotas to attract 18 pc GST; 5 pc for plain parotas served in restaurants
- Bengaluru-based ID Fresh Foods had approached the Karnataka bench of the Authority of Advance Ruling (AAR) on whether preparation of whole wheat parota and Malabar parota can be classified under Chapter 1905 attracting 5 per cent GST. The AAR in its ruling said that parotas are neither rotis or khakhras and hence cannot be taxed at 5 per cent.
- 06/12/2020
|
The aviation MRO community to gather live for first time in months at Aviation Week Network’s 25th Annual MRO Americas
- September will mark the first time in months that the aviation maintenance, repair and overhaul (MRO) industry will gather live, as airline and industry leaders
- 06/11/2020
|
Salaries paid to company directors not to attract GST: CBIC
- "The part of director's remuneration that are declared as 'salaries' in the books of a company and subjected to TDS under Section 192 of the IT Act, are not taxable being consideration for services by an employee to the employer in the course of or in relation to his employment in terms of Schedule III of the CGST Act, 2017," the CBIC said.
- 06/10/2020
|
Alnylam Pharmaceuticals : Announces Publication of ENVISION Phase 3 Study Results for Givosiran in the New England Journal of Medicine | MarketScreener
|
Tiger Global To Challenge ARR’s Decision In Delhi High Court
- After suffering a setback from AAR, venture capital firm Tiger Global is now planning to move the Delhi high court for relief.
- 06/10/2020
|
AAR : manages the logistics of MRO services for BASF Deoxoâ„¢ ozone and VOC converters in compliance with newly released ACMMs | MarketScreener
|
Tiger Global’s Run-In With Taxman Hurts Indian Startup Funding Outlook
- With venture capitalists sceptical about new investments, the recent tax setback for Tiger Global may demotivate infusions in startups.
- 06/10/2020
|
JPMorgan Chase & Co. Acquires 586,649 Shares of AAR Corp. (NYSE:AIR)
- JPMorgan Chase & Co. grew its holdings in AAR Corp. (NYSE:AIR) by 1,619.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 622,865 shares of the aerospace company’s stock after acquiring an additional 586,649 shares during the period. JPMorgan Chase & Co. owned […]
- 06/10/2020
|
Tiger Global to move court over denial of tax relief on Flipkart stake sale
- Tiger Global entities had approached the AAR after the Income Tax Department rejected their application seeking benefits under the India-Mauritius Double Tax Avoidance Agreement (DTAA). The authority held that the Mauritius-registered companies were only “see-through entities” to avail of the benefits under the tax treaty and indicated that the real beneficiary was the US firm.
- 06/10/2020
|
AAR : manages the logistics of MRO services for BASF Deoxo ozone and VOC converters in compliance with newly released ACMMs | MarketScreener
|
AAR manages the logistics of MRO services for BASF Deoxo™ ozone and VOC converters in compliance with newly released ACMMs
|
AAR manages the logistics of MRO services for BASF Deoxo™ ozone and VOC converters in compliance with newly released ACMMs
- AAR (AIR) a leading provider of aviation services to commercial and government operators, announced today that BASF has appointed AAR as a preferred distributor of Maintenance Repair and Overhaul (MRO) services for Deoxo™ aircraft cabin ozone/volatile organic compounds (VOC) converters in compliance with the new abbreviated component maintenance manuals (ACMMs) released earlier this month. As announced earlier this month, BASF has updated its ACMMs for the Deoxo™ portfolio for the Airbus A320, and A330/A340.
- 06/09/2020
|
France throws €15 billion at aerospace sector. It better be money well spent
- France has a vivid aeronautics sector that is being hard hit by the devastating consequences of the coronavirus outbreak. Some 100,000 industry jobs would be threatened if the state didn’t step in, finance minister Bruno Le Maire said as he announced the plan.
- 06/09/2020
|
Railcars In Storage Spike In May
- After hovering around the 400,000-unit mark all year, railcars in storage spiked 25% in May to 520,729. This was one of many takeaways from the Association of American Railroads...
- 06/09/2020
|
Air New Zealand targets 'healthy profits' by 2022
|
Weekly High Frequency Indicators: Short-Term Forecast Improves To 'Less Awful'
- High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident in
- 06/06/2020
|
