Cascade News

Cascade reported fiscal Q4 EPS of $0.21, beating estimates by $0.02. Revenues in the quarter rose 8.8% year-over-year to $506.7 million, missing estimates by $6 million.

CAE Inc. is cutting 300 jobs despite growing revenues and profits as the flight simulator and training company adjusts to the impact of military budget cuts in Europe.

Aura Minerals Inc. . Miner. Down 35 cents, or 50.72 per cent, at 34 cents on 6,003,932 shares.

CAE has acquired Oxford Aviation Academy , an industry-leading provider of aviation training and crew sourcing services for C$314 million.

CAE will release its fiscal year 2012 fourth quarter and full-year financial results on Wednesday, May 23, 2012.