04-Aug-2009 11:16 AM
Embraer rally continues, BE Aerospace up strongly, Boeing and EADS report gains – Supplier Share Wra
Analysis
After reporting better second quarter results late last week, Embraer's stock price has climbed almost 20% in three days, the sharpest spike since Dec-2008, to finish trading yesterday at USD20.88 per share, a nine month high. The manufacturer's better than expected margins and reaffirmation of its full year guidance prompted several credit analysts to upgrade the stock.
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