TDG News and Press, Transdigm Group Incorporated Inc. From 04/06/20

Stocks saw a light at the end of the tunnel over the weekend -- and today, they're racing to catch it. As of 1 p.m. EDT, the S&P 500 , Dow , and Nasdaq stock indices are all up well over 5%. And some of the stocks notching the biggest gains are in the beleaguered aerospace and defense ...

TransDigm Inc., a wholly-owned subsidiary of TransDigm Group (NYSE: TDG ) has priced its private offering of $1.1B of 8.00% Senior Secured Notes due 2025 at 100% of their principal amount. More news on: TransDigm Group Incorporated, Read more ...

CLEVELAND , April 2, 2020 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm Group") (NYSE:  TDG) announced today that on April 2, 2020 , its wholly-owned subsidiary, TransDigm Inc., priced its private offering of $1,100 million aggregate principal amount of 8.00% Senio...

General Electric (NYSE: GE) reportedly plans to furlough about half of the workers in its massive aircraft-engine manufacturing unit for up to four weeks, the latest in a number of similar cost-cutting actions by companies with exposure to commercial aerospace trying to adjust to rapidl...

Aerospace component manufacturer TransDigm Group (NYSE: TDG) on Thursday said it intends to cut its workforce by 15%, saying it is "beginning to see significant decreases in demand" and expects that trend to continue in the months to come. TransDigm is a maker of a wide range of parts and c...

TransDigm Group (NYSE: TDG) has long been a highflier among aerospace stocks, with the shares gaining more than 1,000% during a 10-year period ending last December. But the stock came crashing down to earth in March, losing 42.6% of its value, according to data provided by S&P Global ...

TransDigm (NYSE: TDG ) is withdrawing its financial guidance for the fiscal year ending Sept. 30, 2020 in light of the COVID-19 pandemic. More news on: TransDigm Group Incorporated, , Read more ...

CLEVELAND , April 2, 2020 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today announced cost mitigation efforts as a result of disruption in the aerospace and travel industries as a resu...

CLEVELAND , April 2, 2020 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG) announced today that its wholly-owned subsidiary, TransDigm Inc., is planning, subject to market and other conditions, to offer senior secured notes (the "Notes") in a private offering t...

Shares of TransDigm Group (NYSE: TDG) traded down more than 13% on Wednesday afternoon after the company was downgraded to hold from buy at Vertical Research. The aerospace component supplier is likely in for at least a couple of down quarters as airlines cut back on spending due to the COVI...