TGI News and Press, Triumph Group Inc. From 06/28/22

STARLUX AIRLINES SELECTS TRIUMPH FOR WHEEL AND BRAKE MAINTENANCE, REPAIR AND OVERHAUL (MRO) SUPPORT PR Newswire BERWYN, Pa. , June 28, 2022 /PRNewswire/ -- Triumph Group ( TRIUMPH ) [NYSE:TGI], announced today that its Product Support business was awa...

FTSE Russell has released a preliminary lists of companies set to join or leave the Russell Microcap Index as part of its 2022 annual reconstitution. Following Industrials companies are slated to join the index: Hyliion Holdings (NYSE:HYLN), Velodyne Lidar (NASDAQ:VLDR), Astra Space (NASDAQ:A...

Aerospace manufacturer Triumph Group (NYSE:TGI) signed a memorandum of understanding with Sanad, wholly-owned by Abu Dhabi's Mubadala Investment Company. The MoU outlines their plans to collaborate over the provision of engine maintenance, repair and overhaul capabilities in th...

SANAD AND TRIUMPH TO PARTNER ON NEW UAE MRO CAPABILITY PR Newswire BERWYN, Pa. , May 24, 2022 /PRNewswire/ -- Sanad, the global aerospace engineering and leasing solutions leader wholly-owned by Abu Dhabi's Mubadala Investment Company PJSC (Mubadala),...

On Wednesday, Triumph Group (NYSE: TGI) shares plunged following the aerospace company's quarterly earnings report. Analysts weighed in overnight, and as a result the stock is down another 17% on Thursday afternoon. Triumph makes a range of components for military and co...

Robert W. Baird analyst Peter Arment has lowered the price target to $26 from $36 as the long-struggling Triumph Group (TGI -18.5%) put out a full-year forecast that came in well short of analyst expectations. The company said it expects earnings of $0.40 to $0.60/share in the new f...

Triumph Group (NYSE:TGI) plunges to a 52-week low in Thursday's trading, -20.3%, one day after reporting a surprise Q4 GAAP loss and issuing weak full-year guidance. The aerospace company said it lost $10.6M in the quarter, compared with analyst expectations for earnings of $26.9M, or $0.40/s...

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Gainers: JE Cleantech (JCSE) +16%, Polar Power (POLA) +12%, Ideal Power (IPWR) +12%, Solid Power (SLDPW) +12%, Upwork (UPWK) +12%. Losers: Triumph Group (TGI) -18%, Terran Orbital (LLAP) -10%, Eos Energy Enterprises (EOSE) -10%, Iveda Solutions (IVDA) -7%, Park-Ohio Holdings (PKOH) ...

Wall Street endured a tsunami of selling on Wednesday, as disappointing results from Target concentrated anxiety about inflation and the consumer. The Dow declined nearly 1,200 points, while the Dow and Nasdaq each retreated more than 4%. With Target's results sitting at the epicenter of the ...