Cascade News

OAO Gazprom plans to start selling natural gas to the U.S. from Canada as Russia's largest energy producer seeks to become a global supplier.

Following a review of industry aggregate statutory financials for year-end 2007 and 1Q 2008, Fitch Ratings has updated its full-year 2008 U.S. Property/Casualty - MOUNTAIN VIEW, Calif.

CAE Inc. has won a contract worth C$24 million to provide two full-mission simulators for the new BAE Systems Hawk 128 advanced jet training aircraft.

Author: 123jump.com Staff 123jump.com Last Update: 12:20 PM EDT June 06 2008 Focus Media reported first quarter sales surge of 215% but reported a loss of $53.8 million.

SANTA CLARA, Calif.-- --The innovators with ideas for making money in the burgeoning baby boomer market and the venture capitalists looking for the next big thing will meet at - 06/05/2008 - 04:16 PM ATLANTA-- ...

Shares of Cascade Corp. jumped slightly Thursday after the company's first quarter earnings beat analyst expectations.

Cascade Corp. has appointed two new top-level executives. The board of directors for the Gresham-based maker of truck attachments on May 13 appointed former chief financial officer Richard S. Anderson chief ...

“We have the flexibility to pursue our growth initiatives and at the same time consider additional ways to enhance shareholder value.”

Flight simulator and training company CAE Inc. signalled its confidence in the future Wednesday by tripling its quarterly dividend and restoring the amount to the pre-restructuring level enjoyed in 2004. via Slam Sports

“Our profit margin has improved overall despite the foreign exchange headwind.”

- CAE Inc. (TSX:CAE) has reported a 20 per cent rise in full-year net profit to $152.7 million as revenue advanced 14 per cent to $1.42 billion.

Earnings in the flight simulator company's fourth quarter ended March 31 climbed to $35.6 million, compared with $34.3 million a year earlier.

Quarterly revenue was $366.6 million, up from $337.3 million in the fourth quarter last year. For the year, the sales compared to $1.25 billion in 2007, when earnings were $127.4 million.

Per-share earnings for the quarter were 14 cents, same as last year, while the annual profit rose to 60 cents per share from 51 cents per share in the prior year. Read more

“In keeping with the flow of aircraft deliveries, the majority of simulator orders have come from operators outside North America”

- CAE Inc. (TSX:CAE) has announced sales of five full-flight simulators and associated training devices with a total value of about $60 million.

CAE said Tuesday the contracts - the first full-simulator sales of its financial year which began April 1 - are with Lufthansa Flight Training, Flight Training Finance, Swiss Aviation Training and the Zhuhai Flight Training Centre in China.

Lufthansa bought a Boeing 777-200 freighter simulator, leasing company Flight Training Finance took a Boeing 757 simulator to be provided to Icelandair, Swiss Aviation Training signed for an Embraer 190 simulator, and Zhuhai - a CAE joint venture with China Southern Airlines - is taking two Airbus A320 simulators and related equipment. Read more

“All regions are expected to experience slower lift truck growth in 2008 vs. 2007 resulting from general economic conditions”

Shares of Cascade Corp. fell Friday, a day after the equipment parts maker reported fourth-quarter earnings that missed Wall Street estimates. via Canadian Business Magazine

IASIS Healthcare LLC announced today that the United States District Court for the District of Arizona has dismissed with - 04/01/2008 - 12:01 PM HOUSTON-- --The Bilateral US-Arab Chamber of Commerce , is ... via Business Wire

“Given the robustness of the aerospace market and the number of aircraft that are forecast to be delivered over the next several years, you can imagine that we're dealing with a good number of opportunities at any given time”

- Fight simulator and training company CAE Inc. (TSX:CAE) has surpassed its own forecasts for full-flight simulator sales after winning contracts worth $52 million from Lufthansa Flight Training and Xiamen Airlines.

The orders for four simulators and associated training devices bring CAE's full-flight simulator sales total to 35 so far in fiscal 2008, Montreal-based CAE said Thursday.

CAE raised its sales forecast for the simulators to 34 after initially suggesting it could sell 30 of the machines, which are designed to replicate the look, feel and performance of an airline cockpit using sophisticated mechanics and software. Read more

“We are pleased that the government of India has recognized CAE's expertise in creating and managing world-class flight-training organizations”

Pilot training company CAE Inc. has signed a contract to become the managing partner of the Indian government's flight training academy, the Indira Gandhi Rashtriya Uran Akademi. via CANOE

CAE Inc. announced $46 million worth of sales Thursday, including purchases of a Boeing 737NG full flight simulator by Australia's Qantas and an Embraer 190 full flight simulator by China's Hainan Airlines. via CANOE

“CAE's role on the German NH90 training program and now the Australian MRH90 program positions the company well for opportunities as other countries begin to assess their training requirements for the NH90.”

CAE Inc. has won a contract worth about C$160 million to supply two full flight and mission simulators and services to train Australian military pilots on the country's fleet of new Eurocopter MRH90 multi-role ... via Slam Sports

Shares of Palm Inc., which makes the Treo smartphone, may see heightened movement on Friday, after the Sunnyvale, Calif., company said it expects to post a loss in its fiscal second quarter. via International Business Times

Smith & Wesson Holding Corp. , Cascade Corp. and Independence Federal Savings Bank are among the biggest percentage losers in Friday's trading among companies with market capitalizations under $750 million. via All Stories

The following is a list of companies whose shares may have unusual price changes in U.S. exchanges today. via Bloomberg

Among the earnings stories for Thursday, Dec. 6, from AP Financial News: PORTLAND, Ore. via Motley Fool