Joint Development Agreement, Financial Results, New Board Chairman, and Stock Price Updates - Research Report on Boeing, Esterline, Hexcel, Triumph, and Embraer
NEW YORK, December 11, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Boeing Co. (NYSE: BA), Esterline Technologies Corp. (NYSE: ESL), Hexcel Corp. (NYSE: HXL), Triumph Group, Inc. (NYSE: TGI), and Embraer SA (NYSE: ERJ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Boeing Co. Research Report
On December 6, 2013, Boeing Co. (Boeing) reported that it has entered into a Joint Development Agreement (JDA) with Saab AB (Saab) to jointly develop and build a new advanced, cost-efficient T-X Family of Systems training solution for the upcoming competition to replace the U.S. Air Force's T-38 aircrew training system. Boeing Military Aircraft's President, Chris Chadwick, commented, "Teaming with Saab will bring together our companies' formidable technical expertise, global presence, and willingness to present an adaptable and affordable advanced pilot training solution. Boeing and Saab form the foundation for what will be the strongest, most cost-effective industry team." Saab's President and CEO, Hakan Buskhe, added, "Saab is proud to join with Boeing for the T-X competition, thus creating a highly capable team to deliver unprecedented value to the customer. This cooperation with Boeing is part of our strategic development and we confirm our long-term financial targets." The Full Research Report on Boeing Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/f586_BA
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Esterline Technologies Corp. Research Report
On December 5, 2013, Esterline Technologies Corp. (Esterline) reported its financial results for Q4 FY 2013 and full-year FY 2013 (period ended October 25, 2013). For full-year FY 2013, Esterline declared sales of $1.97 billion, down 1.13% YoY, while net earnings attributable to the Company stood at $164.7 million, up 46.4% YoY. The Company reported Q4 FY 2013 net earnings attributable Esterline of $65.9 million, or $2.06 per diluted share, as compared to that of $61.7 million, or $1.97 per diluted share in Q4 FY 2012. Curtis Reusser, Esterline's CEO, commented, "As we expected, Esterline ended the year on a strong note, with record-high revenue and earnings. We were particularly pleased with thes0e results given the challenging defense environment." He added, "In the year ahead, it is essential that we continue to constantly strive to improve efficiency, streamline our operations, enhance our competitiveness and drive value into all aspects of our business." The Full Research Report on Esterline Technologies Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/c80e_ESL
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Hexcel Corp. Research Report
On December 4, 2013, Hexcel Corp. (Hexcel) reported that its Board of Directors has elected Mr. Nick L. Stanage to join its Board as Chairman, effective from January 1, 2014. The Company informed that Stanage will also continue to serve as President and CEO of Hexcel. The Full Research Report on Hexcel Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/0e42_HXL
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Triumph Group, Inc. Research Report
On December 6, 2013, Triumph Group, Inc.'s (Triumph) stock increased 1.42%, ending the day's session at $74.33. Over the previous three trading sessions, shares of Triumph increased 1.47%, compared to the Dow Jones Industrial Average Index, which increased 0.66% during the same period. The Full Research Report on Triumph Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/a475_TGI
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Embraer SA Research Report
On December 6, 2013, Embraer SA's (Embraer) stock increased 2.55%, ending the day's session at $30.11. Over the previous three trading sessions, shares of Embraer increased 0.27%, compared to the Dow Jones Industrial Average Index, which increased 0.66% during the same period. The Full Research Report on Embraer SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.AnalystsCorner.com/r/full_research_report/9dc2_ERJ
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