SAFRY News and Press, Safran S.A. ADR From 06/05/23

2023-06-05 10:07:22 ET Safran ( OTCPK:SAFRF ) ( OTCPK:SAFRY ) is close to an agreement to buy acquire a unit of Raytheon Technologies ( NYSE: RTX ) that makes products including flight controls, Bloomberg News reported Monday, citing people with knowledge of the matter said....

2023-05-31 11:30:49 ET Summary Tweedy Browne's 13F portfolio value decreased by 2% from $1.88B to $1.84B in Q1 2023, with the number of holdings decreasing from 45 to 44. The largest position is Berkshire Hathaway, accounting for 20% of the portfolio, followed by Alphabet, Johnson...

2023-05-02 18:28:05 ET Summary Safran's end market excl. Airbus is strong with strong CFM engine cycles and a fully recovered narrow body capacity. The company is a European powerhouse in the aerospace supply chain. For the long term and with near-term profit growth, Safran st...

2023-04-27 13:39:12 ET Summary General Electric results exceed expectations but energy segments are pressuring aerospace strength. General Electric plans to spin off the energy and power division in 2024 leaving the company as an aerospace powerhouse. Stock leaves little upsid...

2023-04-22 00:15:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...

2023-04-14 23:45:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...

2023-04-14 03:05:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...

2023-04-05 16:14:02 ET Summary Fleets have shrunk by about 20% across the board among commercial carriers, and this means that new deliveries fall into the background for Safran's CFM and Leap engines. Deliveries, also in the military segment for the Rafale, are negative margin co...

Summary General Electric won the bulk of the Air India order. Rolls Royce will supply the engines for the Airbus A350 for which it is the sole turbofan supplier. Selection of GE/CFM turbofans makes a lot of sense when considering expertise and reliability. On the 14th of F...

Summary Tweedy, Browne’s 13F portfolio value decreased from $2.27B to $1.88B this quarter. They increased Ionis Pharmaceuticals while reducing most of the other stakes. Berkshire Hathaway at ~20% of the portfolio is the largest position. This article is part of a se...