CHC Group Ltd. (NYSE:HELI), the parent company of CHC Helicopter, reported its financial performance for the fiscal-2014 third quarter, which ended Jan. 31. Revenue for the quarter was $454 million, up 3 percent. (Unless otherwise noted, all comparisons are year-over-year.) The company had a quarterly net loss of $60 million, compared to a net loss of $59 million in the same quarter last year. Through the first three quarters of the fiscal year, CHC reported revenue of $1.31 billion, up less than 1 percent, and a net loss of $149 million, compared to a net loss of $85 million a year ago. CHC Group Ltd (NYSE:HELI) shares after opening at $7.91 on last trade day and at the end of the day closed at $7.26. Company price to sales ratio in past twelve months was calculated as 0.19 and price to cash ratio as 4.01. CHC Group Ltd (NYSE:HELI) showed a negative weekly performance of -25.00%.
Bristow Group (NYSE:BRS) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports. They currently have a $77.20 price target on the stock. Zacks‘s price target points to a potential downside of 0.37% from the stock’s previous close. Bristow Group Inc (NYSE:BRS) shares fell -1.54% in last trading session and ended the day on $73.58. BRS return on equity ratio is recorded as 11.70% and its return on assets is 6.30%. Bristow Group Inc (NYSE:BRS) yearly performance is 25.01%.
Macquarie Infrastructure Company (MIC) announced that its Hawaii Gas business has received approval from the Hawaii Public Utilities Commission (“HPUC”) to land containerized liquefied natural gas (“LNG”) in Hawaii. The decision by the HPUC was issued on March 6, 2014. Hawaii Gas is currently the only company in Hawaii approved to introduce LNG into the state. Macquarie Infrastructure Company LLC (NYSE:MIC) shares moved up 1.88% in last trading session and was closed at $54.79, while trading in range of $53.60 – $55.04. Macquarie Infrastructure Company LLC (NYSE:MIC) year to date (YTD) performance is 2.33%.
Zacks initiated coverage on shares of Era Group (NYSE:ERA) in a note issued to investors on Wednesday, American Banking News reports. The firm set a “hold” rating on the stock . Era Group Inc (NYSE:ERA) weekly performance is 0.44%. On last trading day company shares ended up $29.60. Era Group Inc (NYSE:ERA) distance from 50-day simple moving average (SMA50) is 0.89%. Analysts mean target price for the company is $37.00.
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