Triumph Group (TGI) Misses Q1 EPS by 61c, Miss on Revenues; Offers Weak FY17 EPS / Revenue Outlook
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Triumph Group (TGI) Announces Pact with Boeing (BA) to Provide Hydraulic and Mechanical Actuation for Legacy Programs and 777X
July 25, 2017 12:04 PM EDTTriumph Group, Inc. (NYSE: TGI) signed an agreement with Boeing (NYSE: BA) to provide various hydraulic and mechanical actuation assemblies for legacy Boeing programs, including the Next-Generation 737, 737 MAX, 747-8, 767, 767-2C and 777, and for the 777X, Boeings newest family of twin-aisle airplanes.
This agreement demonstrates our commitment to the Partnering for Success program and follow-through on our recent agreement with Boeing to find additional areas to add value on their existing and new... More
Jefferies Downgrades Triumph Group (TGI) to Hold, Positive FY2018/2019 EPS Revisions
July 24, 2017 4:26 AM EDTJefferies downgraded Triumph Group (NYSE: TGI) from Buy to Hold with a price target of $37.00.
Analyst Sheila Kahyaoglu believes the company will spend a large sum on development and production of the Global 7000 in FY 2018. She also comments that her outlook is less... More
