Safran reports first-quarter 2014 revenue growth of 3.3% (4.9% at constant currency) driven by civil aviation business

Growth in line with annual outlook; the target for adjusted recurring operating income growth is confirmed, notably due to currency hedging All revenue figures in this press release represent adjusted[1] revenue. Please refer to definitions contained in the Notes on page 7. Comparisons are established against 2013 figures restated for the application of IFRS 11, … Dowiedz się więcej

Honeywell Reports First Quarter 2014 Sales Of $9.7 Billion; EPS Of $1.28 Per Share

Honeywell (NYSE: HON) today announced its results for the first quarter of 2014: Total Honeywell ($ Millions, except Earnings Per Share) 1Q 2013 1Q 2014 Change Sales 9,328 9,679 4% Segment Margin 16.20% 16.50% 30 bps Operating Income Margin 14.10% 14.20% 10 bps Earnings Per Share $1.21 $1.28 6% Earnings Per Share (At 26.5% Tax … Dowiedz się więcej

Air Canada Successfully Completes US$400 Million Unsecured Financing

Air Canada announced today that it has completed its previously announced private offering of US$400 million of 7.75% senior unsecured notes due 2021 (the „Notes”). Air Canada received net proceeds of approximately C$432 million from the sale of the Notes and will use these proceeds for general corporate purposes. „The successful completion of our unsecured … Dowiedz się więcej

Allegiant Travel Company Announces Pre-payment of Existing Term Loan

Allegiant Travel Company (NASDAQ: ALGT) has pre-paid the company’s $125 million senior secured term loan facility, which was scheduled to mature in March 2017. In addition, the company has borrowed $45.3 million from Wells Fargo Bank. Both of these transactions occurred on April 11, 2014. „This decision allows us to refinance more expensive debt and … Dowiedz się więcej