STOCK TITAN
  1. Home
  2. News
  3. CAE

Cae Inc. - CAE STOCK NEWS

Welcome to our dedicated news page for Cae (Ticker: CAE), a resource for investors and traders seeking the latest updates and insights on Cae.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cae's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cae's position in the market.

News
NAV CANADA and CAE form partnership to train Air Traffic Controllers and Flight Service Specialists
Rhea-AI Summary
NAV CANADA and CAE form a strategic partnership to increase training capacity for air traffic controllers and flight service specialists. CAE instructors will deliver initial training using NAV CANADA's curriculum, aiming to support over 500 additional students by 2028. The partnership is set to enhance workforce proficiency and ensure air traffic system safety and efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
partnership
-
News
CAE announces changes to its Defense & Security business leadership team
Rhea-AI Summary
CAE Inc. appoints Jason Goodfriend as Interim Group President of Defense & Security, replacing Daniel Gelston. Srini Dixit joins as CFO. CAE aims to enhance execution and performance in defense sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
management
-
News
First full flight simulator with gaming-engine-powered CAE Prodigy image generator achieves level D qualification
Rhea-AI Summary
CAE integrates Epic Games' Unreal Engine into its full-flight simulator to enhance pilot training visuals, achieving Level D qualification. The CAE Prodigy Image Generator offers realistic 3D visuals for a more immersive training experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
News
CAE closes the sale of its Healthcare business to Madison Industries
Rhea-AI Summary
CAE Inc. (CAE) closes the sale of its Healthcare business to Madison Industries for C$311 million, focusing on deleveraging and technology advancement. The divestiture will lead to restructuring expenses of $40 million over the next two quarters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.81%
Tags
none
-
News
CAE reports third quarter fiscal 2024 results
Rhea-AI Summary
CAE Inc. reported revenue of $1,094.5 million for Q3-2024, up 13% from the previous year. Earnings per share (EPS) declined to $0.18 from $0.24 in the prior year. Adjusted EPS was $0.24 compared to $0.27 last year. Operating income decreased to $121.6 million from $142.1 million. The company secured $1.3 billion in order intake, resulting in an $11.7 billion backlog.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.61%
Tags
earnings
-
News
Media Advisory: CAE';s FY2024 third quarter financial results and conference call
Rhea-AI Summary
CAE is set to release its fiscal year 2024 third quarter results on February 14, 2024, followed by a conference call featuring the company's top executives. The call aims to provide a comprehensive review of CAE's performance and outlook to analysts, institutional investors, and the media. The webcast will be available to the public and archived for 90 days following the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
earnings
News
CAE';s CEO Marc Parent to be inducted as a Living Legend of Aviation
Rhea-AI Summary
CAE (NYSE: CAE) (TSX: CAE) CEO Marc Parent to be inducted as a Living Legend of Aviation at the organization's annual gala on January 19, 2024. Other inductees include Prince Harry, Fred George, and Steve Hinton.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
none
-
News
CAE employees, union and partners beat their previous record and raise $1.3 million for Centraide (United Way)
Rhea-AI Summary
CAE (NYSE: CAE) (TSX: CAE) sets new record, raising $1.3 million for 2023 CAE-Centraide campaign. CEO Marc Parent expresses gratitude for employee generosity and commitment, highlighting the company's longstanding support for communities in need.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
-
News
CAE once again recognized as one of Canada';s Top 100 Employers
Rhea-AI Summary
CAE (NYSE: CAE) (TSX: CAE) has been named one of Canada's Top 100 Employers for the second consecutive year. The company is recognized for its people-centric approach, offering flexible and adaptable workplaces to employees. CAE has introduced various employee-focused initiatives and programs, such as CAEheartbeat, enhancements to the Montreal head office, and hosting large-scale events like Family Day. The company also emphasizes employee well-being, gender equality, and long-term service recognition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
none
News
CAE reports second quarter fiscal 2024 results
Rhea-AI Summary
CAE Inc. (NYSE: CAE) (TSX: CAE) reported revenue of $1,088.5 million for Q2 of fiscal 2024, a 10% increase from the prior year. The company's EPS was $0.18, up from $0.14 in the prior year, and adjusted EPS was $0.27, up from $0.19. Operating income was $100.6 million, and adjusted segment operating income was $138.5 million. CAE also announced the sale of Healthcare for $311 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.88%
Tags
earnings
Stock CAE logo
Cae Inc.

NYSE:CAE

CAE Rankings

#1094 Ranked by Market Cap
#1456 Ranked by Stock Gains
N/A Ranked by Dividends

CAE Stock Data

6.23B
262.08M
0.13%
73.14%
0.79%
Other Technical and Trade Schools
Educational Services
Link
Canada
Saint Laurent

About CAE

cae is a global leader in the delivery of training for the civil aviation, defence and security, and healthcare markets. we design and integrate the industry's most comprehensive training solutions, anchored by the knowledge and expertise of our 8,000 employees, our world-leading simulation technologies and a track record of service and technology innovation spanning seven decades. our global presence is the broadest in the industry, with 160 sites and training locations in 35 countries, including our joint venture operations, and the world's largest installed base of flight simulators. each year, we train more than 120,000 civil and defence crewmembers, as well as thousands of healthcare professionals. visit our career page at www.cae.com follow us on twitter @cae_inc cae est un chef de file mondial en prestation de formation dans les domaines de l'aviation civile, de la défense et sécurité, et des soins de santé. nous concevons et intégrons les solutions de formation les plus complèt