AAR Corporation (NYSE: AIR) provides products and services to the aviation, aerospace and defense industries. The company's aviation supply chain unit sells engine and airframe parts, repairs avionics systems and provides inventory management programs. Other AAR divisions offer airframe maintenance, aircraft modifications, cargo handling systems, and commercial jet sales/leasing services. The US government accounts for about one-third of sales.

The company pleased investors last week, when it reported Q3 EPS of 47 cents and revenues of $376.6 million. The Street had been expecting 46 cents and $337.5 million. Both the earnings and sales totals represented company records.

Continue reading AAR Corporation (AIR): Price moving in bullish 'flag'

AAR Corporation (AIR): Price moving in bullish 'flag' originally appeared on BloggingStocks on Mon, 24 Mar 2008 12:12:00 EST. Please see our terms for use of feeds.