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AAR Corp (NY: AIR )

40.23 USD -0.69 (-1.69%)
Official Closing Price Updated: 6:30 PM EDT, Apr 13, 2021 Add to My Watchlist
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UPDATE 1-Rolls-Royce considering cutting up to 15% of its workforce - source
British aero-engine maker Rolls-Royce Holdings Plc is considering cutting up to 15% of its workforce, a source close to the company told Reuters, with its customers cutting production and airlines... 
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From Reuters: Company News
UPDATE 2-Jetmaker Embraer focuses on future after Boeing divorce "pain"
The head of Embraer's commercial aircraft unit defended the benefits of a $4.2 billion tie-up abandoned by Boeing Co last week, but said the Brazilian aerospace group was focusing on its future as a... 
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From Reuters: Company News
UPDATE 1-Embraer suffered "pain" in preparing Boeing deal - commercial head
The head of Embraer's commercial aircraft unit defended the benefits of a $4.2 billion tie-up abandoned by Boeing Co last week, but said the Brazilian aerospace group was focusing on its future as a... 
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From Reuters: Company News
TIMELINE-Norwegian Air's battle for survival
The fate of Norwegian Air hangs in the balance on Friday after a deadline passed overnight for bondholders to vote on a rescue package for the transatlantic budget airline. 
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From Reuters: Company News
UPDATE 1-Crisis-torn airlines scramble to convert empty cabins to cargo
* Airbus launches scheme to convert passenger cabins (Adds Airbus and IATA comments, regulatory details) 
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Crisis-torn airlines scramble to convert empty cabins to cargo
Once the airline industry's ugly ducklings, air freighters are now flying high as some of the only airplanes still criss-crossing the skies during the global coronavirus crisis. 
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From Reuters: Company News
UPDATE 1-European shares inch lower as Shell drags; ECB awaited
* Banks hit by Lloyds Bank, SocGen results (Adds comment, updates prices) 
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From Reuters: Company News
European shares inch lower as Shell drags; ECB awaited
European shares edged lower on Thursday as a slump in Royal Dutch Shell and another batch of mixed earnings reports weighed on the mood ahead of the conclusion of a European Central Bank meeting. 
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PRESS DIGEST- New York Times business news - April 30
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. 
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UPDATE 7-Boeing to shrink workforce, raise cash as coronavirus slams jet industry
Boeing Co said on Wednesday it would cut its 160,000-person workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery... 
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From Reuters: Company News
UPDATE 6-Boeing to shrink workforce, raise cash as coronavirus slams jet industry
Boeing Co said on Wednesday it would cut its 160,000-person workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery... 
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From Reuters: Company News
UPDATE 1-Safran sales fell 8.8% in Q1, says has enough liquidity
France's Safran reported an 8.8% drop in like-for-like first-quarter revenue to 5.38 billion euros ($5.84 billion) as the coronavirus crisis began to weigh on its aircraft engines and interiors... 
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UPDATE 2-European shares rise on COVID-19 drug hopes, upbeat outlook from corporates
* Analysts expect STOXX EPS to decline 40% in Q2 - Refinitiv (Updates price to close) 
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UPDATE 5-Boeing to shrink workforce and production as coronavirus slams industry
Boeing Co said on Wednesday it would cut its 160,000-person workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery... 
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From Reuters: Company News
UPDATE 4-Boeing to cut workforce and production as it braces for years-long industry recovery
Boeing Co said on Wednesday it would cut its workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery from the... 
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From Reuters: Company News
UPDATE 3-Boeing to cut workforce, seek liquidity as coronavirus leads to quarterly loss
Boeing Co said on Wednesday it would cut its workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as the coronavirus pandemic drove the planemaker to a net loss... 
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From Reuters: Company News
UPDATE 2-Boeing to cut workforce by 10% and reduce 787 production due to pandemic
Boeing Co said on Wednesday it would cut its workforce by about 10% and further reduce 787 Dreamliner production after reporting a loss for the second straight quarter as the coronavirus pandemic hits... 
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From Reuters: Company News
UPDATE 2-AirAsia to halt Airbus deliveries and review orders
* Airline has 349 A321neos, 13 A320neos on order but not delivered 
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GLOBAL MARKETS-Shares edge up as economies look to reopen
World shares eked out slim gains on Wednesday, with optimism over economies easing coronavirus lockdowns and rebounding oil prices leavened by a mixed picture on corporate earnings. 
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UPDATE 2-Airbus Q1 profit plunges as coronavirus crisis starts to bite
* Q1 free cash outflow before M&A/customer financing 8.03 bln (Adds quotes, details) 
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UPDATE 1-Airbus Q1 core profit plunges 49% as coronavirus crisis starts to bite
Planemaker Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631 billion euros amid the "gravest... 
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REFILE-Airbus Q1 core operating profit tumbles 49%
Planemaker Airbus posted on Wednesday a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenues fell 15% to 10.631 billion amid the "gravest crisis the... 
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From Reuters: Company News
Airbus Q1 core operating profit tumbles 49%
Planemaker Airbus posted on Wednesday a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenues fell 15% to 10.631 billion amid the "gravest crisis the... 
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From Reuters: Company News
PRESS DIGEST- British Business - April 29
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. 
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Planemakers slow plans for new jets as they focus on survival
Planemakers are drastically slowing work on new projects to save cash as they focus on surviving a downturn expected to last well into this decade, industry sources said. 
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Aar Corp Up 10.2% Since SmarTrend Uptrend Call (AIR)
SmarTrend identified an Uptrend for Aar Corp (NYSE:AIR) on March 24th, 2020 at $14.94. In approximately 1 month, Aar Corp has returned 10.17% as of today's recent price of... 
From Comtex SmarTrend® News Briefs
PRESS DIGEST- British Business - April 28
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. 
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From Reuters: Company News
UPDATE 3-Embraer takes Boeing to arbitration over failed deal as Brazil eyes China tie-up
Brazil's Embraer SA said on Monday it had begun an arbitration process against Boeing Co, after the U.S. planemaker abruptly canceled a $4.2 billion deal over the weekend that was years in the making. 
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AAR Mobility Systems awarded a $125 million sole source firm-fixed-price (FFP) contract from the US Air Force to produce and repair 463L Cargo Pallets
From GlobeNewswire News Releases
UPDATE 4-Airbus warns staff on jobs with its 'survival at stake'
* Airbus shares close down 2.4% (Adds UK furloughs, union reaction, closing shares) 
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