AAR Corp. (AIR) Tops Q2 EPS by 4c, Revenues Miss; Raises FY20 EPS/Revenue Mid-Point Guidance
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Philippines' Cebu Air orders 15 A320neo jets, pushing Airbus toward sales milestone
December 19, 2019 1:54 AM EST(Reuters) - Philippines' Cebu Air Inc (NYSE: CEB) said on Thursday it had ordered 15 Airbus SE (NYSE: AIR) A320neo family jets worth $2 billion at list prices, keeping the European manufacturer on track to reach a year-end sales... More
Airbus sees strong sales haul this year on Asia demand, long-range A321
December 18, 2019 3:31 AM ESTBy Laurence Frost and Tim Hepher
PARIS (Reuters) - Airbus (NYSE: AIR) is on course to end 2019 with a rise in its order backlog after netting more sales than deliveries across its major products, a senior executive said on Wednesday, thanks partly to strong demand in Asia.
Airbus is expected to beat arch-rival Boeing (NYSE: BA) in orders and, unusually, in deliveries this year as the Boeing 737 MAX remains grounded with its production now also halted.
The launch of a long-range new... More
European shares snap four-day rally on Unilever warning, hard Brexit fears
December 17, 2019 3:44 AM ESTBy Sruthi Shankar and Shreyashi Sanyal
(Reuters) - European shares bucked a four day winning streak on Tuesday, weighed by Unilever after a sales warning, while fears that Britain will take a hard line on the Brexit transition kept investors on edge.
The pan-European stocks index pulled back from record highs hit in the previous session, falling 0.7%.
Europe's personal and household goods sector tumbled 2.6%, the most among regional subsectors, while also logging its worst day since early October.
Weighing on the sector was consumer goods giant Unilever (NASDAQ:... More
