Cae Inc (CAE.TO) Key Developments | Reuters.com
Edition:
United States

Cae Inc (CAE.TO)

CAE.TO on Toronto Stock Exchange

15.61CAD
30 Jun 2016
Change (% chg)

$-0.02 (-0.13%)
Prev Close
$15.63
Open
$15.61
Day's High
$15.72
Day's Low
$15.56
Volume
1,160,023
Avg. Vol
583,362
52-wk High
$16.84
52-wk Low
$13.04

Latest Key Developments (Source: Significant Developments)

CAE posts Q4 adj. earnings per share c$0.27
Thursday, 19 May 2016 08:40am EDT 

CAE Inc : CAE reports fourth quarter and full fiscal year 2016 results . Q4 earnings per share c$0.23 from continuing operations . Q4 earnings per share view c$0.25 -- Thomson Reuters I/B/E/S . Q4 revenue c$722.5 million versus I/B/E/S view c$676 million . Q4 earnings per share c$0.27 excluding items . Specific items this quarter include restructuring costs of $11.6 million related to cae's process improvement program . CAE expects revenue and operating income growth in all segments in fiscal year 2017 . Expects level of total capital expenditures in fiscal 2017 to remain relatively stable with prior year ($117.8 million) . Company continues to expect modest growth in defence and double-digit percentage growth in healthcare in fiscal 2017 . For standardized simulators, percentage-of-completion accounting will no longer be appropriate . Will be recognizing revenue upon completion for standardized simulators commencing in fiscal 2017 .Backlog of $6.4 billion at quarter-end.  Full Article

CAE Inc appoints Sonya Branco as Chief Financial Officer
Wednesday, 2 Mar 2016 09:00am EST 

CAE Inc:Says appointed Sonya Branco as the Company's Vice President, Finance and Chief Financial Officer, effective May 23.Sonya Branco succeeds Stephane Lefebvre.  Full Article

CAE Inc to acquire lockheed martin commercial flight training
Monday, 22 Feb 2016 08:00am EST 

CAE Inc:Has concluded a conditional agreement with Lockheed Martin Corporation to acquire Lockheed Martin Commercial Flight Training.Says Specific details of the transaction are not subject to release at this time.  Full Article

CAE receives regulatory approval for normal course issuer bid
Friday, 19 Feb 2016 06:00am EST 

CAE:received regulatory approval to proceed with its previously-announced normal course issuer bid to purchase, for cancellation, up to 5,398,643 of its common shares commencing Feb. 23, 2016 and ending Feb. 22, 2017.  Full Article

CAE Inc announces a series of training solution contracts valued at more than C$100 million with five airlines
Monday, 21 Dec 2015 06:00am EST 

CAE Inc:Says announced a series of training solution contracts valued at more than C$100 million with five airlines.  Full Article

CAE Inc awarded training solution contracts with over 15 airlines valued at more than C$300 million
Thursday, 15 Oct 2015 07:38am EDT 

CAE Inc:Awarded training solution contracts with over 15 airlines valued at more than C$300 million.  Full Article

CAE Inc wins defence contracts valued at more than C$100 million
Tuesday, 6 Oct 2015 06:00am EDT 

CAE Inc:Says that it has won defence contracts, included as part of its second quarter order intake.Says the contract valued at more than C$100 million to provide training services and simulation products for global military customers.  Full Article

Bombardier Inc Closes the Sale of its Military Aviation Training Activities to CAE Inc
Thursday, 1 Oct 2015 08:00am EDT 

Bombardier Inc:Says It has closed the sale of its Military Aviation Training activities to CAE Inc. for a total consideration of $19.8 million Cdn.  Full Article

CAE wins defence contracts valued at more than C$120 million
Wednesday, 9 Sep 2015 06:00am EDT 

CAE Inc:Announces that it has won defence contracts valued at more than C$120 million to provide simulation products, operational systems and training services for global military customers.  Full Article

CAE awarded airline training solution contracts valued at more than $130 million
Tuesday, 8 Sep 2015 06:00am EDT 

CAE Inc:Announcs today a series of training solution contracts with airlines and aircraft manufacturers valued at more than C$130 million.  Full Article

BRIEF-CAE - Quebec extends its agreement with CAE

* Says Government of Quebec will extend its agreement with Quebec-based company CAE, until 2020