ERJ - Embraer S.A.

NYSE - NYSE Delayed Price. Currency in USD
18.76
-0.06 (-0.32%)
At close: 4:02PM EST
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Previous Close18.82
Open18.82
Bid18.74 x 3100
Ask18.75 x 900
Day's Range18.61 - 18.91
52 Week Range15.86 - 21.48
Volume452,014
Avg. Volume738,961
Market Cap3.445B
Beta (5Y Monthly)-0.19
PE Ratio (TTM)N/A
EPS (TTM)-1.02
Earnings DateN/A
Forward Dividend & Yield0.04 (0.21%)
Ex-Dividend DateDec 26, 2018
1y Target Est22.98
  • Reuters

    UPDATE 4-Bombardier shares dive on profit warning, A220 writedown fears

    Bombardier, which sold control of the A220 narrowbody jet to Airbus in 2018 as part of a long-running drive to put it on a solid financial footing, said the venture needed more investment and might be subject to a writedown during fourth quarter results next month.

  • Benzinga

    CES 2020: EmbraerX, Elroy To Collaborate On Hybrid Cargo Drone

    EmbraerX, a subsidiary of Brazilian aircraft maker Embraer, and drone startup Elroy Air have agreed to collaborate on developing Elroy's Chaparral, an unmanned, hybrid electric vertical takeoff and landing (VTOL) cargo aircraft. The Chaparral system will be capable of flying up to 300 miles to deliver 500 pounds of cargo and will feature autonomous cargo loading and unloading, according to Elroy Air. Elroy Air CEO Dave Merrill said his company intends to open a new chapter for the logistics market with point-to-point autonomous aerial cargo systems.

  • Barrons.com

    The Boeing Jet That Crashed in Iran Was an Older Model, Not the 737 MAX

    A Boeing 737 NG jet operated by Ukraine International Airlines crashed in Iran early Wednesday. It’s a tragic event, but it isn’t connected with the troubles that have led to the grounding of the 737 MAX jet.

  • Barrons.com

    Emerging Market Bond Investors Now Have to Look Harder for Higher Yield

    With the easing cycle petering out, investors will have trouble beating 2019 returns in EM bonds. The answer: juice up returns with more exotic sovereigns that pay above the odds.

  • PR Newswire

    Embraer S.A. - Material Fact

    In the context of the Material Fact disclosed on January 24, 2019, whereby Embraer S.A. ("Company" or "Embraer") informed the execution of certain agreements with respect to the strategic partnership between the Company and The Boeing Company ("Boeing") ("Transaction"), as well as of the Material Fact disclosed on October 3, 2019, the Company informs its shareholders and the market that, on the date hereof, the internal carve-out of the Company's commercial aviation business was implemented by means of the contribution by Embraer, to the capital stock of Yaborã Indústria Aeronáutica S.A., of the net assets comprising assets, liabilities, properties, rights and obligations related to Embraer's commercial aviation business unit.

  • New Boeing boss faces EU pressure over Embraer tie-up: sources
    Reuters

    New Boeing boss faces EU pressure over Embraer tie-up: sources

    As Boeing's new boss tackles the immediate crisis over its grounded 737 MAX jet, he also faces pressing questions from European regulators over a deal to buy the commercial arm of Brazil's Embraer - seen as key to its longer-term strategy. European Union regulators investigating the $4.2 billion tie-up have asked for more than 1.5 million pages of information and data on over 20 years of sales campaigns, two sources familiar with the matter told Reuters. The volume of requests highlights the European Commission's concerns over a deal it suspects would reduce the number of major participants in the global jet market from three to two, the sources said, speaking on condition of anonymity.

  • Boeing Seems Stuck in a Holding Pattern
    TheStreet.com

    Boeing Seems Stuck in a Holding Pattern

    Despite all the bad news, BA has been more of the same since March, stuck in a trading channel with $380 as resistance and $325 as support.

  • Bloomberg

    Brazil Regulator to Approve Boeing-Embraer Deal in January

    (Bloomberg) -- Brazil’s antitrust regulator is set to approve the deal between Boeing Co. and Embraer SA without major restrictions in January, a person familiar with the discussions said.The deal will be fast tracked by the regulator, known as Cade, as there are no relevant competition concerns, said the person who requested anonymity to speak freely. The companies’ businesses complement each other, the person added.No third parties or competitors have raised any concern or asked to be part of the discussions so far, said the person, adding that regulator board members are not expected to ask for more time to evaluate the deal.Embraer shares rose to an intraday high of 19.66 reais after the news.Boeing proposed buying a majority stake in the commercial aircraft division of its Brazilian counterpart a year ago, seeking to expand into the 100-seat planes market, a few months after Airbus SE took control of Bombardier Inc.’s operations in that segment.The Boeing-Embraer deal has already been approved by U.S. and Chinese regulators. The biggest hurdle to the joint venture is the European Union, whose antitrust officials halted the analysis of the deal on Nov. 11, saying they haven’t received enough information from the jet makers.Embraer said last month that its deal with Boeing probably won’t close before the end of March, citing the delay in the EU.(Adds more information starting on third paragraph.)\--With assistance from Fabiola Moura.To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.netTo contact the editors responsible for this story: Jacqueline Simmons at jackiem@bloomberg.net, Walter Brandimarte, Maria Luiza RabelloFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Brazil's Embraer plans to develop new light military transport plane
    Reuters

    Brazil's Embraer plans to develop new light military transport plane

    Brazil's planemaker Embraer S.A. said it is studying the development of a new light military transport plane together with the Brazilian Air Force, the company said in a statement on Thursday. Embraer said it is looking to identify the Brazilian Air Force's requirements in the Amazon region and explore the potential application of new technologies such as hybrid-electric propulsion.

  • Is Embraer SA  (ERJ) A Good Stock To Buy?
    Insider Monkey

    Is Embraer SA (ERJ) A Good Stock To Buy?

    Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the third quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

  • PR Newswire

    EMBRAER S.A.: Congo Airways Signs Order with Embraer for Two E175 Jets

    Embraer and Congo Airways have signed a firm order for two E175 aircraft, with purchase rights for a further two. The deal has a total value of USD 194.4 million at current list prices with all purchase rights exercised, and will be added to Embraer's 2019 fourth quarter backlog.

  • Reuters

    Brazil's Embraer signs $194.4 mln deal for two E175 jets with Congo Airways

    Brazilian planemaker Embraer SA said on Tuesday it has signed a contract worth $194.4 million with Congo Airways for the delivery of two E175 jets, with the option for another two planes of the same model. The agreement for the 76-seater planes will be part of Embraer's fourth quarter order book, and deliveries are expected to begin in the fourth quarter of 2020, Embraer said in a securities filing.

  • Reuters

    UPDATE 1-Brazil association takes fight against Embraer-Boeing deal to Europe

    An association representing minority investors in Brazil is lobbying European antitrust regulators to spike a deal between planemakers Embraer SA and Boeing Co, calling it a killer acquisition. Aurelio Valporto, the head of minority investor association Abradin, said the European Commission should block Boeing's proposed $4.2 billion purchase of 80% Embraer's commercial passenger jet division or demand hefty concessions.

  • Brazil association takes fight against Embraer-Boeing deal to Europe
    Reuters

    Brazil association takes fight against Embraer-Boeing deal to Europe

    An association representing minority investors in Brazil is lobbying European antitrust regulators to spike a deal between planemakers Embraer SA and Boeing Co , calling it a killer acquisition. Aurelio Valporto, the head of minority investor association Abradin, said the European Commission should block Boeing's proposed $4.2 billion purchase of 80% Embraer's commercial passenger jet division or demand hefty concessions. "What will be left from Embraer won't survive, and even if it was possible to survive, Embraer wouldn't be able to produce any aircraft with 50 passengers or more," Valporto said in an interview late on Wednesday, arguing that Embraer and Boeing planes compete in the marketplace.

  • Reuters

    Embraer investor wants EU to block "killer" Boeing deal

    EU antitrust regulators should block Boeing's $4.2 billion purchase of Embraer's commercial passenger jet division or demand hefty concessions, the head of Brazilian investor group Abradin said, calling it a killer acquisition. Aurelio Valporto complained about the deal to the European Commission two months ago, saying it created hurdles to competition in the Brazilian aerospace industry, and on Wednesday took his grievance to Brazil's antitrust watchdog CADE. Boeing is buying 80% of Embraer's commercial jets division, its most profitable, to compete directly with Airbus in the market for planes with fewer than 150 seats.

  • Reuters

    Deals of the day-Mergers and acquisitions

    ** Rivulet Capital, a large investor in Instructure Inc said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too hurried. ** Mexican broadcaster Grupo Televisa has won a federal injunction against Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico, a Televisa representative said, a move that could at least temporarily stall the deal. ** Brazilian wireless carrier TIM Participações SA will consider acquiring the mobile unit of its struggling rival OI SA if it is put up for sale, Chief Executive Pietro Labriola said.

  • Brazilian investor group Abradin files complaint against Embraer-Boeing deal
    Reuters

    Brazilian investor group Abradin files complaint against Embraer-Boeing deal

    A Brazilian group representing minority investors filed a complaint on Tuesday with Brazil's antitrust watchdog CADE against the Embraer-Boeing deal. The head of the Abradin group, Aurelio Valporto, said it asked for an investigation of the deal. Abradin also filed a complaint with the European Commission two months ago arguing that the acquisition of Embraer SA's commercial division by Boeing Co creates hurdles to competition in the Brazilian aerospace industry.

  • Curtiss-Wright Signs Agreement to Acquire 901D Holdings
    Zacks

    Curtiss-Wright Signs Agreement to Acquire 901D Holdings

    Curtiss-Wright's (CW) acquisition of 901D Holdings is likely to be accretive to its 2020 adjusted diluted earnings per share and produce a free cash flow conversion rate in excess of 100%.

  • Study: Sea-Tac will be unable to meet passenger demand by 2050
    American City Business Journals

    Study: Sea-Tac will be unable to meet passenger demand by 2050

    The Puget Sound region may need not one, but potentially several, new airports to cope with its surging aviation growth, says the Puget Sound Regional Council's Josh Brown, who is leading a deep-dive study on the issue.

  • Stocks That Made the Most of Dubai Air Show 2019
    Zacks

    Stocks That Made the Most of Dubai Air Show 2019

    More than $50 billion of aircraft were sold at the recently held Dubai Air Show Exhibition.

  • Chinese antitrust regulator approves Boeing-Embraer deal
    Reuters

    Chinese antitrust regulator approves Boeing-Embraer deal

    A Chinese antitrust regulator has approved Boeing Co's deal to buy a controlling stake in the commercial jet division of Brazilian planemaker Embraer , according to a statement on the regulator's website. The Boeing-Embraer deal appears on a list dated Nov. 19 of transactions "approved unconditionally" that is posted to the website of the Chinese State Administration for Market Regulation's anti-monopoly department. Boeing, the world's largest planemaker, has been seeking to finalize its purchase of 80% of Embraer's commercial jet division in a bid to compete with Europe's Airbus in the market for planes with fewer than 150 seats.