Wajax Corporation, a leading Canadian industrial products and services provider, announced its third-quarter 2024 results, revealing a decline in revenue due to softer market conditions. However, the company saw an increase in its backlog and implemented cost-saving measures, indicating potential for future growth. The company also announced the planned retirement of its CFO, Stuart Auld, and named Tania Casadinho as his successor.
Lockheed Martin (LMT) presents a compelling investment opportunity in the Aerospace sector. With a strong backlog, rising earnings and sales estimates, robust return on equity (ROE), and high solvency, LMT is well-positioned for continued growth. Its positive earnings surprise history, generous dividend yield, and share repurchase program further solidify its appeal.
Grouvee, a free website similar to Letterboxd for video games, helps organize your gaming experience with lists, ratings, and wishlists. It’s a lifesaver for gamers, especially those who play a lot, by keeping track of games and making it easy to remember favorites. This review explores the features of Grouvee and why it’s become an essential tool for gamers.
Brazil’s aerospace leader Embraer is grappling with global supply chain disruptions despite a record $21.1 billion backlog, impacting delivery timelines. While facing delays, Embraer claims these are shorter compared to its larger rivals like Airbus and Boeing, who are also experiencing similar challenges.
The backlog of Centrelink and Medicare claims has significantly reduced, with over 500,000 claims processed in the last 10 weeks. The Government’s mass recruitment drive of over 3000 new staff has contributed to this improvement. Minister Bill Shorten has acknowledged the frustrations faced by claimants and expressed optimism about the progress being made. By mid-year, the backlog is expected to return to usual levels.
Embraer announced its successful deliveries and backlog results for the first quarter of 2024. The company delivered a total of 25 jets across its executive, commercial, and defense segments, marking a 67% increase from the previous year’s first quarter. The total backlog for the company increased to over $4.6 billion in the private aviation sector and $11.1 billion in the commercial sector. However, the Defense & Security segment experienced a 4% decrease in backlog.
