Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
CPI Aerostructures receives orders totaling $1.4M from aerospace industries » 08:21
10/21/20
10/21
08:21
10/21/20
08:21
CVU

CPI Aerostructures

$2.30 /

-0.05 (-2.13%)

CPI Aerostructures…

CPI Aerostructures announced that it has received multiple purchase orders with a total value of approximately $1.4 million from Turkish Aerospace Industries, the prime contractor for the T70 Turkish Utility Helicopter Program. In September 2019, the Company announced receiving a multi-year contract from TAI to manufacture window assemblies on up to 104 T70 aircraft over an estimated 5-year period. The combined orders received to date under this contract total $2.1 million against a ceiling price of $4.6M. The Company expects to begin deliveries on these most recent orders in 2021.

ShowHide Related Items >><<
CVU CPI Aerostructures
$2.30 /

-0.05 (-2.13%)

CVU CPI Aerostructures
$2.30 /

-0.05 (-2.13%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
Hot Stocks
CPI Aerostructures receives extension to cure non-compliance from NYSE » 16:30
10/16/20
10/16
16:30
10/16/20
16:30
CVU

CPI Aerostructures

$2.44 /

+0.09 (+3.83%)

CPI Aerostructures…

CPI Aerostructures announced that, on October 15, 2020, it received a notice from the NYSE American LLC informing CPI Aero that the Exchange had accepted CPI Aero's plan to regain compliance with the Exchange standard for continued listing of its common stock under the timely filing criteria included in Section 1007 of the NYSE American Company Guide. The Exchange has granted CPI Aero additional three-month period, or until January 15, 2021, to file its Quarterly Reports on Form 10-Q for the quarters ended June 30, 2020 and September 30, 2020 and to regain compliance with the timely filing criteria. The notification from the Exchange has no immediate effect on the listing or trading of the company's common stock. If the company fails to file such Forms 10-Q on or before January 15, 2021, the Exchange may, in its sole discretion, allow the company's common stock to trade for up to an additional three months.

ShowHide Related Items >><<
CVU CPI Aerostructures
$2.44 /

+0.09 (+3.83%)

CVU CPI Aerostructures
$2.44 /

+0.09 (+3.83%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
Over a month ago
Conference/Events
Gabelli to hold a virtual conference » 08:16
09/10/20
09/10
08:16
09/10/20
08:16
AIR

AAR Corp.

$18.64 /

-0.96 (-4.90%)

, AJRD

Aerojet Rocketdyne

$40.67 /

-0.26 (-0.64%)

, ATRO

Astronics

$8.23 /

-0.25 (-2.95%)

, AVAV

AeroVironment

$69.00 /

-0.26 (-0.38%)

, CR

Crane

$55.97 /

+0.46 (+0.83%)

, CVU

CPI Aerostructures

$2.53 /

+ (+0.00%)

, DCO

Ducommun

$36.35 /

+0.07 (+0.19%)

, ESLT

Elbit Systems

$125.90 /

-0.1 (-0.08%)

, GE

General Electric

$6.16 /

+0.01 (+0.16%)

, HEI

Heico

$108.63 /

-0.79 (-0.72%)

, KAMN

Kaman

$42.98 /

-0.38 (-0.88%)

, KTOS

Kratos Defense

$19.57 /

+0.335 (+1.74%)

, MRCY

Mercury Systems

$68.74 /

-0.44 (-0.64%)

, PFE

Pfizer

$36.19 /

+0.265 (+0.74%)

, TXT

Textron

$38.53 /

+0.2899 (+0.76%)

, WWD

Woodward

$82.50 /

+0.06 (+0.07%)

25th Annual Aerospace…

25th Annual Aerospace & Defense Virtual Conference will be held on September 10.

ShowHide Related Items >><<
WWD Woodward
$82.50 /

+0.06 (+0.07%)

TXT Textron
$38.53 /

+0.2899 (+0.76%)

PFE Pfizer
$36.19 /

+0.265 (+0.74%)

MRCY Mercury Systems
$68.74 /

-0.44 (-0.64%)

KTOS Kratos Defense
$19.57 /

+0.335 (+1.74%)

KAMN Kaman
$42.98 /

-0.38 (-0.88%)

HEI Heico
$108.63 /

-0.79 (-0.72%)

GE General Electric
$6.16 /

+0.01 (+0.16%)

ESLT Elbit Systems
$125.90 /

-0.1 (-0.08%)

DCO Ducommun
$36.35 /

+0.07 (+0.19%)

CVU CPI Aerostructures
$2.53 /

+ (+0.00%)

CR Crane
$55.97 /

+0.46 (+0.83%)

AVAV AeroVironment
$69.00 /

-0.26 (-0.38%)

ATRO Astronics
$8.23 /

-0.25 (-2.95%)

AJRD Aerojet Rocketdyne
$40.67 /

-0.26 (-0.64%)

AIR AAR Corp.
$18.64 /

-0.96 (-4.90%)

AIR AAR Corp.
$18.64 /

-0.96 (-4.90%)

07/15/20 Truist
SunTrust downgrades select commercial aviation supply stocks
07/15/20 Truist
AAR Corp. downgraded to Hold from Buy at SunTrust
06/30/20 Canaccord
AAR Corp. upcoming results focused on second half recovery, says Canaccord
03/18/20 Canaccord
AAR Corp. price target lowered to $25 from $55 at Canaccord
AJRD Aerojet Rocketdyne
$40.67 /

-0.26 (-0.64%)

08/04/20 RBC Capital
Aerojet Rocketdyne upgraded to Outperform from Sector Perform at RBC Capital
08/04/20 RBC Capital
Aerojet Rocketdyne upgraded to Outperform from Sector Perform at RBC Capital
07/28/20 Canaccord
Aerojet Rocketdyne backlog growth strong positive, says Canaccord
07/15/20 Canaccord
Aerojet Rocketdyne weakness a buying opportunity, says Canaccord
ATRO Astronics
$8.23 /

-0.25 (-2.95%)

02/27/20 Truist
Astronics price target lowered to $19 from $24 at SunTrust
01/22/20
Astronics downgraded to Neutral from Buy at Dougherty
AVAV AeroVironment
$69.00 /

-0.26 (-0.38%)

09/03/20 Canaccord
AeroVironment price target raised to $88 from $84 at Canaccord
08/07/20 Baird
AeroVironment downgraded to Neutral from Outperform at Baird
06/25/20 Stifel
AeroVironment upgraded to Buy from Hold at Stifel
06/24/20 Baird
AeroVironment price target raised to $86 from $71 at Baird
CR Crane
$55.97 /

+0.46 (+0.83%)

06/16/20 Canaccord
Crane upgraded to Buy on recovery potential, at Canaccord
06/16/20 Canaccord
Crane upgraded to Buy from Hold at Canaccord
03/24/20 DA Davidson
Crane price target lowered to $75 from $103 at DA Davidson
01/29/20 Buckingham
Crane upgraded to Buy from Neutral at Buckingham
CVU CPI Aerostructures
$2.53 /

+ (+0.00%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
DCO Ducommun
$36.35 /

+0.07 (+0.19%)

06/11/20 Canaccord
Ducommun price target raised to $46 from $42 at Canaccord
05/20/20 RBC Capital
RBC starts 'underappreciated' Ducommun with Outperform, $41 target
05/20/20 RBC Capital
Ducommun initiated with an Outperform at RBC Capital
05/01/20 B. Riley Securities
Ducommun price target lowered to $54 from $60 at B. Riley FBR
ESLT Elbit Systems
$125.90 /

-0.1 (-0.08%)

01/27/20 Jefferies
Jefferies starts Elbit Systems at Buy with $185 price target
01/27/20 Jefferies
Elbit Systems initiated with a Buy at Jefferies
09/19/19 Alliance Global Partners
RADA price target raised to $7.50 from $6.50 at Alliance Global Partners
GE General Electric
$6.16 /

+0.01 (+0.16%)

08/31/20 JPMorgan
JPMorgan's Tusa withdraws GE price target, sees fair value below $5
08/21/20 JPMorgan
JPMorgan's Tusa surprised by GE CEO's reset pay package
08/21/20 BofA
Culp employment extension positive for GE shares, says BofA
06/05/20 Citi
Recovery at GE Healthcare is underway, says Citi
HEI Heico
$108.63 /

-0.79 (-0.72%)

06/05/20 Benchmark
Heico price target raised to $120 from $100 at Benchmark
05/28/20 Truist
Heico downgraded to Hold from Buy at SunTrust
05/28/20 Truist
Heico downgraded to Hold from Buy at SunTrust
05/18/20 Canaccord
Heico downgraded to Hold at Canaccord
KAMN Kaman
$42.98 /

-0.38 (-0.88%)

03/03/20 Alembic Global
Kaman upgraded to Overweight from Neutral at Alembic Global
01/07/20 KeyBanc
NN, Inc. could 'benefit the most' from strategic divestiture, says KeyBanc
09/12/19
Fly Intel: Top five analyst upgrades
09/12/19
Kaman upgraded to Overweight at KeyBanc
KTOS Kratos Defense
$19.57 /

+0.335 (+1.74%)

08/03/20 Canaccord
Kratos Defense second half catalysts should support shares. says Canaccord
07/24/20 Benchmark
Kratos Defense price target raised to $26 from $19 at Benchmark
07/20/20 Baird
Kratos Defense designated a Fresh Pick at Baird
04/06/20 Canaccord
Kratos Defense acquisition provides long-term opportunity, says Canaccord
MRCY Mercury Systems
$68.74 /

-0.44 (-0.64%)

08/07/20 BofA
Mercury Systems upgraded to Buy from Neutral at BofA
08/07/20 BofA
Mercury Systems upgraded to Buy from Neutral at BofA
05/21/20
Fly Intel: Top five analyst initiations
05/20/20 RBC Capital
Mercury Systems initiated with Sector Perform on valuation at RBC Capital
PFE Pfizer
$36.19 /

+0.265 (+0.74%)

09/09/20 SVB Leerink
AstraZeneca pause 'a mixed blessing for Moderna, others, says SVB Leerink
09/09/20 JMP Securities
Trillium Therapeutics price target raised to $14 from $10 at JMP Securities
09/08/20 B. Riley Securities
Novavax selloff brings 'compelling' buying opportunity, says B. Riley FBR
08/27/20 Chardan
Moderna vaccine showed differentiation from BioNTech/Pfizer's, says Chardan
TXT Textron
$38.53 /

+0.2899 (+0.76%)

09/08/20 Morgan Stanley
Textron initiated with an Equal Weight at Morgan Stanley
08/17/20 Alembic Global
Textron upgraded to Overweight from Neutral at Alembic Global
07/31/20 Vertical Research
Textron upgraded to Buy from Hold at Vertical Research
06/16/20 Barclays
Textron price target raised to $37 from $26 at Barclays
WWD Woodward
$82.50 /

+0.06 (+0.07%)

09/10/20 Barclays
Woodward price target raised to $100 from $80 at Barclays
07/15/20 Truist
Woodward downgraded to Sell from Hold at SunTrust
06/09/20 Alembic Global
Woodward upgraded to Overweight from Neutral at Alembic Global
WWD Woodward
$82.50 /

+0.06 (+0.07%)

TXT Textron
$38.53 /

+0.2899 (+0.76%)

PFE Pfizer
$36.19 /

+0.265 (+0.74%)

MRCY Mercury Systems
$68.74 /

-0.44 (-0.64%)

KTOS Kratos Defense
$19.57 /

+0.335 (+1.74%)

KAMN Kaman
$42.98 /

-0.38 (-0.88%)

HEI Heico
$108.63 /

-0.79 (-0.72%)

GE General Electric
$6.16 /

+0.01 (+0.16%)

DCO Ducommun
$36.35 /

+0.07 (+0.19%)

CR Crane
$55.97 /

+0.46 (+0.83%)

AVAV AeroVironment
$69.00 /

-0.26 (-0.38%)

ATRO Astronics
$8.23 /

-0.25 (-2.95%)

AJRD Aerojet Rocketdyne
$40.67 /

-0.26 (-0.64%)

AIR AAR Corp.
$18.64 /

-0.96 (-4.90%)

  • 19
    Jun
TXT Textron
$38.53 /

+0.2899 (+0.76%)

PFE Pfizer
$36.19 /

+0.265 (+0.74%)

KTOS Kratos Defense
$19.57 /

+0.335 (+1.74%)

GE General Electric
$6.16 /

+0.01 (+0.16%)

AVAV AeroVironment
$69.00 /

-0.26 (-0.38%)

PFE Pfizer
$36.19 /

+0.265 (+0.74%)

KTOS Kratos Defense
$19.57 /

+0.335 (+1.74%)

HEI Heico
$108.63 /

-0.79 (-0.72%)

GE General Electric
$6.16 /

+0.01 (+0.16%)

AVAV AeroVironment
$69.00 /

-0.26 (-0.38%)

AJRD Aerojet Rocketdyne
$40.67 /

-0.26 (-0.64%)

TXT Textron
$38.53 /

+0.2899 (+0.76%)

PFE Pfizer
$36.19 /

+0.265 (+0.74%)

KTOS Kratos Defense
$19.57 /

+0.335 (+1.74%)

HEI Heico
$108.63 /

-0.79 (-0.72%)

GE General Electric
$6.16 /

+0.01 (+0.16%)

AVAV AeroVironment
$69.00 /

-0.26 (-0.38%)

Over a quarter ago
Hot Stocks
CPI Aerostructures receives $5M long-lead funding to supply wing components » 08:17
06/25/20
06/25
08:17
06/25/20
08:17
CVU

CPI Aerostructures

$3.35 /

-0.22 (-6.16%)

, NOC

Northrop Grumman

$301.78 /

-5.38 (-1.75%)

CPI Aerostructures (CVU)…

CPI Aerostructures (CVU) announced that it received long lead funding of $5M in anticipation of purchase orders that will total more than $20M from Northrop Grumman (NOC) to supply Outer Wing Panel structural components and kits for the E-2D Advanced Hawkeye airborne command and control aircraft. CPI Aero has been delivering OWP components and kits for multiple configurations of the E-2D Advanced Hawkeye since 2008. The expected future purchase orders are for additional requirements under the multi-year agreement that CPI Aero announced earlier this year, and increase the value of the previously announced multi-year contract to more than $70M.

ShowHide Related Items >><<
NOC Northrop Grumman
$301.78 /

-5.38 (-1.75%)

CVU CPI Aerostructures
$3.35 /

-0.22 (-6.16%)

CVU CPI Aerostructures
$3.35 /

-0.22 (-6.16%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
08/09/19 Canaccord
CPI Aerostructures on track for growth increase, says Canaccord
NOC Northrop Grumman
$301.78 /

-5.38 (-1.75%)

05/20/20 RBC Capital
Northrop Grumman initiated with Sector Perform on valuation at RBC Capital
05/20/20 RBC Capital
Northrop Grumman initiated with a Sector Perform at RBC Capital
05/19/20 Seaport Global
Seaport starts 'underappreciated' Northrop Grumman wtih Buy, $398 target
05/19/20 Seaport Global
Northrop Grumman initiated with a Buy at Seaport Global
NOC Northrop Grumman
$301.78 /

-5.38 (-1.75%)

NOC Northrop Grumman
$301.78 /

-5.38 (-1.75%)

NOC Northrop Grumman
$301.78 /

-5.38 (-1.75%)

NOC Northrop Grumman
$301.78 /

-5.38 (-1.75%)

Hot Stocks
CPI Aerostructures receives $1.2M follow-on order from Lockheed Martin » 08:15
06/22/20
06/22
08:15
06/22/20
08:15
CVU

CPI Aerostructures

$3.25 /

-0.06 (-1.81%)

, LMT

Lockheed Martin

$372.41 /

-5.855 (-1.55%)

CPI Aerostructures (CVU)…

CPI Aerostructures (CVU) announced that it was awarded a follow-on order from Lockheed Martin (LMT) to manufacture structural assemblies for new production F-16 Block 70/72 aircraft - the newest and most advanced F-16 production configuration. In February 2019, CPI Aero announced a multi-year contract with Lockheed Martin to provide Rudder Island and Drag Chute Canister assemblies for the F-16. Including the follow-on order, the total value of firm orders under the contract to CPI Aero has now reached approximately $8.7 million. Deliveries under the follow-on order are expected to occur in late 2021.

ShowHide Related Items >><<
LMT Lockheed Martin
$372.41 /

-5.855 (-1.55%)

CVU CPI Aerostructures
$3.25 /

-0.06 (-1.81%)

CVU CPI Aerostructures
$3.25 /

-0.06 (-1.81%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
08/09/19 Canaccord
CPI Aerostructures on track for growth increase, says Canaccord
LMT Lockheed Martin
$372.41 /

-5.855 (-1.55%)

05/20/20 RBC Capital
Lockheed Martin initiated with a Sector Perform at RBC Capital
05/20/20 RBC Capital
Lockheed Martin initiated with a Sector Perform at RBC Capital
05/19/20 Seaport Global
Seaport starts Lockheed Martin with Buy on 'unwarranted' discount
05/19/20 Seaport Global
Lockheed Martin initiated with a Buy at Seaport Global
LMT Lockheed Martin
$372.41 /

-5.855 (-1.55%)

LMT Lockheed Martin
$372.41 /

-5.855 (-1.55%)

LMT Lockheed Martin
$372.41 /

-5.855 (-1.55%)

LMT Lockheed Martin
$372.41 /

-5.855 (-1.55%)

Hot Stocks
CPI Aerostructures receives $43.1M in firm orders from Northrop Grumman » 08:15
06/16/20
06/16
08:15
06/16/20
08:15
CVU

CPI Aerostructures

$3.02 /

-0.035 (-1.15%)

, NOC

Northrop Grumman

$313.64 /

-4 (-1.26%)

CPI Aerostructures (CVU)…

CPI Aerostructures (CVU) announced that it has received multiple purchase orders valued in aggregate at approximately $43.1 million from Northrop Grumman Corp. (NOC) for outer wing panel kits used in the manufacture of complete wings for the E-2D Advanced Hawkeye. In February 2019, CPI Aero received an $8.1 million order for the first year of a multi-year contract with an expected value of up to $47.5 million. With the addition of these new orders the total value of firm orders under the multi-year contract to CPI Aero is approximately $51 million as the total expected quantity of wing kits has increased.

ShowHide Related Items >><<
NOC Northrop Grumman
$313.64 /

-4 (-1.26%)

CVU CPI Aerostructures
$3.02 /

-0.035 (-1.15%)

CVU CPI Aerostructures
$3.02 /

-0.035 (-1.15%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
08/09/19 Canaccord
CPI Aerostructures on track for growth increase, says Canaccord
NOC Northrop Grumman
$313.64 /

-4 (-1.26%)

05/20/20 RBC Capital
Northrop Grumman initiated with Sector Perform on valuation at RBC Capital
05/20/20 RBC Capital
Northrop Grumman initiated with a Sector Perform at RBC Capital
05/19/20 Seaport Global
Seaport starts 'underappreciated' Northrop Grumman wtih Buy, $398 target
05/19/20 Seaport Global
Northrop Grumman initiated with a Buy at Seaport Global
NOC Northrop Grumman
$313.64 /

-4 (-1.26%)

NOC Northrop Grumman
$313.64 /

-4 (-1.26%)

NOC Northrop Grumman
$313.64 /

-4 (-1.26%)

NOC Northrop Grumman
$313.64 /

-4 (-1.26%)

Hot Stocks
CPI announces $14M in purchase orders from Boeing under previous contract » 10:45
06/02/20
06/02
10:45
06/02/20
10:45
CVU

CPI Aerostructures

$2.88 /

+0.1 (+3.60%)

, BA

Boeing

$155.21 /

+3.82 (+2.52%)

CPI Aerostructures (CVU)…

CPI Aerostructures (CVU) announced the receipt of purchase orders totaling approximately $14M from Boeing (BA) for structural assemblies for the A-10 Thunderbolt II under a previously announced Indefinite Delivery/Indefinite Quantity contract with a maximum ceiling value of $48M. Under the terms of the IDIQ, CPI Aero will manufacture structural subassemblies of the A-10 aircraft's wing. Including these new orders, CPI Aero has now received approximately $20M in funding from Boeing for the production of A-10 re-wing structural assemblies and associated program start-up costs. First delivery is expected to be in late 2020 and the period of performance under current funding is expected to extend into 2022.

ShowHide Related Items >><<
CVU CPI Aerostructures
$2.88 /

+0.1 (+3.60%)

BA Boeing
$155.21 /

+3.82 (+2.52%)

CVU CPI Aerostructures
$2.88 /

+0.1 (+3.60%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
08/09/19 Canaccord
CPI Aerostructures on track for growth increase, says Canaccord
BA Boeing
$155.21 /

+3.82 (+2.52%)

05/28/20 BMO Capital
Hexcel price target raised to $45 from $37 at BMO Capital
05/22/20 Canaccord
Boeing price target lowered to $155 from $175 at Canaccord
05/20/20 RBC Capital
RBC starts Boeing at Outperform on favorable risk/reward profile
05/20/20 RBC Capital
Boeing initiated with an Outperform at RBC Capital
BA Boeing
$155.21 /

+3.82 (+2.52%)

BA Boeing
$155.21 /

+3.82 (+2.52%)

BA Boeing
$155.21 /

+3.82 (+2.52%)

BA Boeing
$155.21 /

+3.82 (+2.52%)

Hot Stocks
CPI Aerostructures receives $14M in purchase orders from Boeing » 08:39
05/28/20
05/28
08:39
05/28/20
08:39
CVU

CPI Aerostructures

$2.93 /

+0.085 (+2.99%)

, BA

Boeing

$149.46 /

+4.77 (+3.30%)

CPI Aerostructures (CVU)…

CPI Aerostructures (CVU) announced the receipt of purchase orders totaling approximately $14M from Boeing (BA) for structural assemblies for the A-10 Thunderbolt II under a previously announced Indefinite Delivery/Indefinite Quantity contract with a maximum ceiling value of $48M. Under the terms of the IDIQ, CPI Aero will manufacture major structural subassemblies of the A-10 aircraft's wing. Including these new orders, CPI Aero has now received approximately $20M in funding from Boeing for the production of A-10 re-wing structural assemblies and associated program start-up costs. First delivery is expected to be in late 2020 and the period of performance under current funding is expected to extend into 2022.

ShowHide Related Items >><<
CVU CPI Aerostructures
$2.93 /

+0.085 (+2.99%)

BA Boeing
$149.46 /

+4.77 (+3.30%)

CVU CPI Aerostructures
$2.93 /

+0.085 (+2.99%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
08/09/19 Canaccord
CPI Aerostructures on track for growth increase, says Canaccord
BA Boeing
$149.46 /

+4.77 (+3.30%)

05/28/20 BMO Capital
Hexcel price target raised to $45 from $37 at BMO Capital
05/22/20 Canaccord
Boeing price target lowered to $155 from $175 at Canaccord
05/20/20 RBC Capital
RBC starts Boeing at Outperform on favorable risk/reward profile
05/20/20 RBC Capital
Boeing initiated with an Outperform at RBC Capital
BA Boeing
$149.46 /

+4.77 (+3.30%)

BA Boeing
$149.46 /

+4.77 (+3.30%)

BA Boeing
$149.46 /

+4.77 (+3.30%)

BA Boeing
$149.46 /

+4.77 (+3.30%)

Hot Stocks
CPI Aerostructures receives notice of non-compliance from NYSE  16:31
04/22/20
04/22
16:31
04/22/20
16:31
CVU

CPI Aerostructures

$3.05 /

+0.11 (+3.74%)

 
ShowHide Related Items >><<
CVU CPI Aerostructures
$3.05 /

+0.11 (+3.74%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
08/09/19 Canaccord
CPI Aerostructures on track for growth increase, says Canaccord
Hot Stocks
CPI Aerostructures secures $4.8M loan under PPP provision of CARES Act » 08:11
04/13/20
04/13
08:11
04/13/20
08:11
CVU

CPI Aerostructures

$2.18 /

+0.04 (+1.87%)

CPI Aerostructures…

CPI Aerostructures announced that it closed on a $4.8M loan under the Payroll Protection Program contained within the new Coronavirus Aid, Relief, and Economic Security Act signed into law by President Trump on March 27, 2020. The Loan was obtained from BNB Bank, which is one of the lenders to the Company's existing credit facility. As a U.S. Small Business, CPI Aero qualifies for the PPP which allows businesses and nonprofits with fewer than 500 employees to obtain loans of up to $10 million to incentivize companies to maintain their workers as they manage the business disruptions caused by the COVID-19 pandemic. The Loan has a term of two years, is unsecured, and is guaranteed by the Small Business Administration. The Loan bears interest at a fixed rate of one percent per annum with the first six months of interest deferred and will be forgiven if at least 75% of the Loan proceeds are used by CPI Aero to cover payroll costs, including benefits, and the Company maintains its employment and compensation within certain parameters during the eight-week period following the loan origination date. CPI Aero expects to meet the requirements for full Loan forgiveness. The forgiven amount is not included in taxable income.

ShowHide Related Items >><<
CVU CPI Aerostructures
$2.18 /

+0.04 (+1.87%)

02/18/20 Canaccord
Canaccord downgrades CPI Aerostructures to Hold, accounting issues seen
02/18/20 Canaccord
CPI Aerostructures downgraded to Hold from Buy at Canaccord
08/09/19 Canaccord
CPI Aerostructures on track for growth increase, says Canaccord

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.