Wednesday, February 22, 2017

Airbus Stock Down On Q4 Loss; Lifts Dividend; Sees Higher Ad. Earnings In FY17

Shares of Airbus Group SE declined around 2 percent in the early morning trading in Paris after the aerospace and defense major reported a loss in its fourth quarter, compared to a profit last year, mainly due to a hefty charge related to the A400M programme. Revenues, however, increased from last year. Further, the company lifted its dividend, and said it expects higher adjusted ea

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