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CAE Inc. - $CAE STOCK NEWS

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

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.

Rhea-AI Summary
CAE (NYSE: CAE) (TSX: CAE) will release its fiscal year 2024 second quarter results on November 14, 2023, with a conference call to provide a review of the company's performance and outlook. The call will feature CAE's President and CEO, CFO, and Senior VP of Investor Relations, and will be webcast live on CAE's site. Phone numbers for the conference call are provided for different countries.
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End-of-Day
0.41%
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Rhea-AI Summary
CAE will release its fiscal year 2024 Q2 results on November 14, 2023, followed by a conference call featuring the company's executives. The webcast will be available on CAE's website, and the event will offer opportunities for analysts, institutional investors, and the media to ask questions.
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Rhea-AI Sentiment
End-of-Day
-1.64%
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Rhea-AI Summary
CAE Inc. has reached a definitive agreement to sell its Healthcare business to Madison Industries for C$311 million. The sale will allow CAE to focus on its core simulation and training markets. The transaction is expected to close before the end of fiscal year 2024.
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1.78%
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Rhea-AI Summary
CAE launches new business aircraft Master Technician program
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-0.4%
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CAE and Air Europa announced a long-term agreement for pilot and cabin crew training in Madrid. CAE will deploy a B737NG full-flight simulator and a new B787 door trainer at its Madrid training centre. This will provide immersive training and add capacity to support the growth of Air Europa. CAE predicts a need for 44,000 new commercial pilots and 75,000 new cabin crew members in Europe over the next ten years. CAE has been Air Europa's training provider since 2010, and over 800 pilots and 2,000 cabin crew will be trained annually at the two centres.
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End-of-Day
1.44%
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CAE signs MOU with Textron Aviation Defense to expand collaboration on next-generation T-6 training.
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0.33%
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CAE signs 10-year pilot training agreement with Batik Air
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2.27%
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CAE to provide Flight Training Service for Bombardier Global 6000/6500 Full Flight Simulator at CAE Dothan Training Center
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0.6%
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Rhea-AI Sentiment
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-1.93%
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management
Rhea-AI Summary
CAE Inc. reports revenue of $1,054.4 million for Q1 2024, a 13% increase compared to the prior year. Diluted EPS was $0.20, up from $0.01 last year. Adjusted EPS was $0.24, up from $0.06 last year. Operating income was $130.1 million, compared to $39.4 million last year.
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Rhea-AI Sentiment
End-of-Day
7.97%
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CAE Inc.

NYSE:CAE

CAE Rankings

CAE Stock Data

6.72B
262.08M
0.13%
73.14%
0.79%
Other Technical and Trade Schools
Educational Services
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United States of America
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