On Thursday, Air Industries Group ( AIRI ) received a $110 million, seven-year contract to produce Thrust Struts for the Geared Turbo-Fan (GTF) aircraft jet engine. Air Industries ( AIRI ) has been the sole supplier of this critical component since 2015. The company manufactures precision components and assemblies for large aerospace and defense prime contractors. The new contract will...

11:21 AM EDT, 08/22/2024 (MT Newswires) -- Coursera ( COUR ) is well-positioned in the generative artificial intelligence world due to its 155 million registered clients globally and multi-sided business model, RBC Capital Markets said in a note emailed Thursday. The idea is that individuals will use GenAI to learn, disintermediating some [education technology] vendors, which will benefit certain companies...

STOCKHOLM, Aug 22 (Reuters) - Shipping company Maersk is evaluating contingency strategies in Canada, the company said on Thursday after the country's two main freight rail companies shut down their networks over a labour dispute. The Danish company said in an advisory to clients it was still accepting bookings from and to origins and destinations serviced by rail via Canadian...

11:39 AM EDT, 08/22/2024 (MT Newswires) -- TJX's (TJX) Q2 results signal the possibility that the company's margins have stepped up permanently, with room for positive earnings revisions and a flight to quality, Morgan Stanley said in a note emailed Thursday. The company reported Q2 earnings Wednesday of $0.96 per diluted share, up from $0.85 a year earlier, as net...