CAE's defence business takes impairment charge, expects Q4 loss

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

CAE Inc. says it expects to report a loss attributable to equity holders of $504.7 million in its fourth quarter, due to one-time charges related to its defence business.

Hedge Funds Trim Big Tech Exposure in Hunt for Other AI WinnersTurkish Fintech Colendi Raises Funds at $700 Million ValuationColleges Ramp Up Debt Sales in Frenzied Race for New StudentsShell Plans Autumn Turnaround at Germany’s Biggest Oil RefineryAdnoc to Sell 5.

2 Anglo Shareholder PIC Says BHP Proposal Needs RevisionUK Inflation Cools Less Than Expected With Sticky Services CostsOil Declines as Industry Report Points to Swelling US StockpilesChina's $10,000 EV is Coming for Europe's CarmakersFortescue Excluded From World’s Biggest Hydropower Plant DevelopmentRussian Strikes Cut Power in Ukraine’s Northeast Border RegionLatest CPI data points to a June rate cut, economists sayInflation in Canada slows to 2.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CAE's defence business takes impairment charge, expects Q4 lossMONTREAL — CAE Inc. says it expects to report a loss attributable to equity holders of $504.7 million in its fourth quarter, due to one-time charges related ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

CAE's defence business takes impairment charge, expects Q4 lossMONTREAL — CAE Inc. says it expects to report a loss attributable to equity holders of $504.7 million in its fourth quarter, due to one-time charges related to its defence business.
Source: SooToday - 🏆 8. / 85 Read more »

CAE’s defence business takes impairment charge, company says it expects fourth-quarter lossBased on its preliminary results, the flight simulator company says it expects to post a loss of $1.58 per share for the quarter ended March 31
Source: globeandmail - 🏆 5. / 92 Read more »