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Shares of Brazilian planemaker Embraer S.A. (NYSE: ERJ) took off like a rocketship Tuesday morning, reaching nearly as high as 18% at one point -- and the stock is holding onto most of those gains. As of 2 p.m. ET, Embraer shares remain up a strong 16%. And it might even...
Deal-making exerted influence in Tuesday's midday action. Citrix Systems (NASDAQ:CTXS) gained ground on reports of a potential takeover offer. At the same time, Embraer (NYSE:ERJ) received buying interest after it announced a SPAC deal to take its electric aircraft unit public. In other news,...
Gainers: Pioneer Power Solutions (NASDAQ:PPSI) +17%. Embraer (NYSE:ERJ) +17%. Platinum (NYSE:PL) +11%. AeroClean (NASDAQ:AERC) +7%. ClearSign Technologies (NASDAQ:CLIR) +10%. Losers: Enerpac Tool Group (NYSE:EPAC) -9%. AeroCentury (NYSE:ACY) -9%. For further details see: CLIR and PL amo...
Shares of Embraer S.A. (NYSE: ERJ) were up by 17% as of 11:30 a.m. ET Tuesday after the Brazilian planemaker announced plans to spin off its Eve urban air mobility solutions (i.e., "air taxis") subsidiary in an IPO. Specifically, it will use a SPAC IPO . Embraer will mer...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Groupon (NASDAQ: GRPN ) stock is getting a boost on Tuesday following a new price prediction that investors are sure to love. Source: Ken Wolter / Shutterstock.com Prescience Point Capital Management is behind...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips An innovative special purpose acquisition company (SPAC) merger is catching investors’ eyes today. Eve, a unit of Embraer (NYSE: ERJ ), will be merging with Zanite Acquisition Corp. (NASDAQ: ZNTE ) to bec...
December's roller-coaster moves in the stock market have been hard to stomach, but at least investors have gotten periodic relief from sharp drops. It appeared that Tuesday would provide a bounce from recent declines, based on premarket futures market activity. As of 8:45 a.m. ET, Dow Jon...
Reliance Global (NASDAQ:RELI) +85%. Aridis Pharmaceuticals (NASDAQ:ARDS) +72% after its antibody cocktail retains effectiveness against Omicron variant. Quoin Pharmaceuticals (NASDAQ:QNRX) +44%. Cassava Sciences (NASDAQ:SAVA) +40% Cassava Sciences, Biofrontera rise amid so...
Embraer S.A. Material Fact: Signing of a business combination agreement. PR Newswire EMBRAER S.A. Publicly Held Company CNPJ/ME No. 07.689.002/0001-89 NIRE: 353.003.257-67 SÃO JOSE DOS CAMPOS, Brazil , Dec. 21, 2021 /PRNewswire/ -- ...
The business combination values Eve at an implied $2.4 billion enterprise value. Post-closing, Zanite will change its name to Eve Holding, Inc. and be listed on the New York Stock Exchange under the new ticker symbol, "EVEX" and "EVEXW." Embraer S.A., through its subsidiary Embraer Aircraft H...
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The Netherlands to acquire nine Multi-Mission Airlift Embraer C-390 Millennium in joint order with Austria PR Newswire Common fleet will allow both nations to cooperate and benefit from synergies in areas like training, logistics and future growth of the platform T...
Embraer increased deliveries 88% quarter on quarter in 2Q24 and backlog totaled US$21.1bn - a 7-year high PR Newswire Commercial deliveries soared circa 170% sequentially while Executive Jets grew 50% US$21.1 bn company wide backlog up more than 20% annually ...