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A brief early June rally in airline stocks, suggesting that the worst of the COVID-19 pandemic might be behind us, faded quickly Thursday. It was a rough day for broader markets, and as airline stocks fell, they brought a lot of their key suppliers down with them. Shares of Triumph Group (...
Boeing's ( BA -17.4% ) big drop is contributing more than 230 points of the Dow Jones' 1,700-pont plunge, after the company cut production plans for the 737 MAX just two weeks after restarting work in its Seattle-area factory. More news on: The Boeing Company, Spirit AeroSystems Holdin...
BERWYN, Pa. , June 11, 2020 /PRNewswire/ -- Triumph Group [NYSE:TGI] announced that its Triumph Systems & Support business was awarded a four-year contract for hydraulic utility actuation (HUA) valves on the F-35. The long-term agreement extends an existing two-year order ...
Shareholders of Boeing (NYSE: BA) probably expected a big boost to their stock price on Wednesday, after Reuters reported that the 737 MAX is set for a certification test flight for the Federal Aviation Administration later this month. Instead, Boeing stock tumbled 6.2% on the day, t...
BERWYN, Pa. , June 9, 2020 /PRNewswire/ -- Triumph Group [NYSE: TGI] announced that its Triumph Systems & Support business unit recently signed a five-year, non-exclusive, fixed price agreement with a North American-based independent MRO facility for repair and overhaul support of eng...
Airlines have been hit hard by the COVID-19 pandemic. The industry's struggles have brought down many stocks that rely on aviation for a substantial chunk of their revenue. But airlines in recent days have been mounting a comeback , and the stocks that accompanied them on the way down are now r...
Airline stocks left for dead just a month ago are now soaring higher on the early signs of a post-pandemic recovery, and the elation sweeping through the sector is affecting shares of Boeing (NYSE: BA) as well as companies that make up the aerospace giant's supply chain. Boeing shares tra...
In its effort to negotiate its 737 Max order book and avoid cancellations, Boeing (NYSE: BA) has scored a pair of wins in recent days. Those, along with positive sentiment concerning the health of its airline customers, are giving a lift to the entire commercial supply chain on Wednesday. S...
Shares of General Electric (NYSE: GE) , Triumph Group (NYSE: TGI) , and Atlas Air Worldwide (NASDAQ: AAWW) all closed higher after Tuesday trading, with GE stock up a respectable 4.3%, but Triumph Group rising 10.4%, and Atlas Air winning the race with an 11.5% sprint higher. What do ...
BERWYN, Pa. , June 2, 2020 /PRNewswire/ -- Triumph Group (NYSE:TGI) congratulates AgustaWestland Philadelphia Corporation (dba Leonardo Helicopters) on being selected by the U.S. Navy for the Advanced Helicopter Training System (AHTS) program. Per the recently announced contract, Leo...
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2024-07-24 12:00:03 ET Sheila Kahyaoglu from Jefferies issued a price target of $20.00 for TGI on 2024-07-24 10:14:00. The adjusted price target was set to $20.00. At the time of the announcement, TGI was trading at $17.025. The overall price target consensus is at $18.8...
TRIUMPH to Webcast First Quarter Fiscal Year 2025 Earnings Conference Call PR Newswire Live Webcast scheduled for 8:30 AM ET on August 7, 2024 RADNOR, Pa. , July 23, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release first ...
TRIUMPH ANNOUNCES NEW LEADERS TO ACCELERATE ITS PROFITABLE GROWTH PR Newswire RADNOR, Pa. , July 19, 2024 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] recently selected Mike Boland , formerly President, Actuation Products and Services (APS), to f...