Spirit AeroSystems (SPR) Dips as Executives Discuss Q3 Charges, Settlement, EPS Impact
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Sterne Agee Downgrades Spirit AeroSystems (SPR) to Neutral
October 26, 2012 8:20 AM EDTSterne Agee downgraded Spirit AeroSystems (NYSE: SPR) from Buy to Neutral.
For an analyst ratings summary and ratings history on Spirit AeroSystems click here. For more ratings news on Spirit AeroSystems click here.
Shares of Spirit AeroSystems closed at $15.11 yesterday, with a 52 week range of $14.34-$26.00.... More
Notable 52-Week Highs and Lows of the Day 10/25: (PG) (RCL) (ADT) High; (BBY) (SPR) (CROX) Low
October 25, 2012 2:56 PM EDTThis report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.
52-Week High:Procter & Gamble Co. (NYSE: PG) $69.58. Procter & Gamble reported solid first-quarter results and guided fiscal 2012 above consensus views. Shars rose as much as 4 percent on the session Thursday.
Royal Caribbean Cruises Ltd. (NYSE: RCL) high of... More
Spirit AeroSystems (SPR) Slammed Following Q3 Update; No Longer Expects to Meet Cost Targets
October 25, 2012 11:44 AM EDTSpirit AeroSystems Holdings, Inc. (NYSE: SPR) is getting clobbered Thursday following an updated to its guidance issued ahead of the bell.
Spirit said it would record about $590 million in total charged for the third quarter, from various programs such as the 787 and G650 initiatives. The company also noted it settled an insurance claim from an April storm at its Kansas facility.
Shares are down over 23 percent on heavy volume today.
The release is below:
"[Spirit AeroSystems Holdings, Inc.] expects to record pre-tax charges of approximately $184 million on the... More
