CAE is a global leader in modelling, simulation and training for civil aviation and defence. With annual revenues exceeding C$1.6 billion, the company employs more than 7,500 people at more than 100 sites and training locations in more than 20 countries. Through CAE's global network of 32 civil aviation, military and helicopter training centres, the company trains more than 80,000 crewmembers yearly. CAE's business is diversified, ranging from the sale of simulation products to providing comprehensive services such as training and aviation services, professional services and in-service support. The company aims to apply its simulation expertise and operational experience to help customers enhance safety, improve efficiency, maintain readiness and solve challenging problems. CAE is now leveraging its simulation capabilities in new markets such as healthcare and mining.
Canada Stocks to Watch: BlackBerry, Ivanhoe Mines, Cascades and CAEWall Street Journal (blog)
- Aug 18, 2014
Cascades Inc.CAS.T +0.16% said it will invest $55 million to install a new tissue converting facility in Wagram, North Carolina. The total annual capacity for the new plant is about 10 million cases on six converting lines, it said.
CAE is Now OversoldForbes
- Aug 19, 2014
In trading on Tuesday, shares of CAE CAE Inc. (NYSE: CAE) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $12.24 per share.