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CAE reports third quarter fiscal 2021 results


CAE reports third quarter fiscal 2021 results
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Revenue of $832.4 million up 18% vs. second quarter and down 10% vs. third quarter last year
EPS of $0.18 ($0.22 before specific items
(1)) vs. negative $0.02 ($0.13 before specific items) in the second quarter and $0.37 ($0.37 before specific items) in the third quarter last year
Operating profit
(2) of $82.9 million vs. $28.2 million in the second quarter and $154.9 million in the third quarter last year
Segment operating income before specific items
(3) of $97.2 million vs. $79.3 million in the second quarter and $157.2 million in the third quarter last year
Net cash provided by operating activities of $234.8 million vs. $45.6 million in the second quarter and $322.1 million in the third quarter last year ....

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CAE expands into crew management and optimization software with Merlot acquisition

CAE expands into crew management and optimization software with Merlot acquisition
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Merlot Aero Limited , Flight Services , Marc Parent , மெர்லோட் வான ஊர்தி வரையறுக்கப்பட்டவை , விமானம் சேவைகள் , மார்க் பெற்றோர் ,

The Daily Chase: Markets muted on U.S. relief bill; Ontario readies for lockdown


The Daily Chase: Markets muted on U.S. relief bill; Ontario readies for lockdown
Futures are pointing to a muted open on Wall Street as the US$900-billion COVID relief package awaits President Donald Trump’s signature after U.S. lawmakers clear the bill last night. This morning we’ve seen another update on the U.S. economy, with new figures showing a 33.4-per-cent expansion in the third quarter. But we all know COVID has take a big toll on output since then. We’ll get insight on how the world’s largest economy has fared since then – and why the relief bill is needed – with Bloomberg Economics Editor Mike McKee at 9 a.m. ET, along with plenty of insight from market professionals throughout the day. ....

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