Section

Fixed-price defence deals drag down CAE’s profits — and share price

By Financial Post - 9 months ago
MONTREAL — Fixed-price defence contracts dragged down profits at CAE Inc. as it reported its third-quarter profit fell nearly 30 per cent compared with a year ago even as its revenue rose. Shares in the company were down $2.58 or about nine per cent to $25.80 in early afternoon trading Wednesday. CAE said fixed-price contracts […]

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.