CAE confirms in advanced talks with AirAsia
(Aug 11): CAE reported revenue for the first quarter that missed the average analyst estimate.
* 1Q revenue C$698.9 million, estimate C$699.7 million (range C$681.0 million to C$709.0 million)
* Sees FY capital expenditure C$150 million
* 1Q Fiscal 2018 Results & Reports Div Boost
* 1Q Profit cont Ops/Shr C$0.24
* Confirms in Advanced Talks With Airasia
* In Talks to Buy Airasia's 50% Share of Joint Venture
* 1Q Profit cont Ops/Shr C$0.24, est. C$0.25
* Board Approves Qtr Div Boost to C$0.09/shr From C$0.08
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