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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....
2023-05-02 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...
2023-03-30 14:22:43 ET Andre-Hubert Roussel early next week will resign from his role as CEO of ArianeGroup, the joint venture between Safran ( OTCPK:SAFRF ) ( OTCPK:SAFRY ) and Airbus ( OTCPK:EADSF ) ( OTCPK:EADSY ), French newspaper La Tribune reported on Thursday. ...
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 SAFRF is well-positioned in the civil aviation sector with a strong product lineup, particularly in the narrow body engine market. Despite a slightly weaker performance in the Civil Aftermarket in 4Q, SAFRF's overall FY22 results were in line with expectations, with a healthy ba...
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