BBD-A.TO - Bombardier Inc.

Toronto - Toronto Delayed Price. Currency in CAD
1.9400
+0.0300 (+1.57%)
At close: 3:59PM EDT
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Previous Close1.9100
Open1.9100
Bid1.9300 x 0
Ask1.9400 x 0
Day's Range1.8900 - 1.9400
52 Week Range1.5700 - 4.7800
Volume53,471
Avg. Volume84,224
Market Cap4.5B
Beta (3Y Monthly)1.61
PE Ratio (TTM)21.56
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2014-12-10
1y Target EstN/A
  • Moody's

    Triumph Group, Inc. -- Moody's assigns B3 rating to Triumph Group's new second lien notes; affirms Caa1 CFR, outlook stable

    Moody's Investors Service ("Moody's") assigned a B3 rating to Triumph Group, Inc's. ("Triumph"), new second lien notes due 2024 and affirmed its other ratings including the Caa1 Corporate Family (CFR), the Caa1-PD Probability of Default, and the Caa2 senior unsecured. Proceeds from the second lien notes will be used to pay off Triumph's senior unsecured notes due 2021 and to reduce borrowings on the revolving credit facility.

  • Airlines worry FAA trust issues will further delay the new Boeing 777X
    Yahoo Finance

    Airlines worry FAA trust issues will further delay the new Boeing 777X

    As the Boeing 737 MAX’s groundings extend deep into December, some airlines are beginning to worry that the regulatory problems may broaden to the 777X, possibly delaying deliveries.

  • Reuters

    UPDATE 1-Bombardier-led consortium wins $4.5 bln monorail contract in Egypt

    A consortium led by Bombardier Inc said on Monday it had won a contract to build and operate two monorail lines in Egypt for more than $4.5 billion. The project, for which Bombardier's rail division had emerged as the preferred bidder, would be its largest in recent years, with the company having a $2.85 billion share of the contract. Orascom Construction will have a share of about $900 million.

  • Moody's

    Bombardier Inc. -- Moody's says Bombardier's updated guidance for increased free cash flow usage is credit negative

    Moody's Investors Service ("Moody's") says Bombardier Inc.'s (Bombardier -- B3, stable) announced revised guidance of increased free cash flow usage, lower margins at Bombardier Transportation ("BT") and resultant lower EBITDA for 2019 are credit negative because the incremental negative free cash flow means Bombardier remains reliant on its liquidity to fund its operations and expected deleveraging is now delayed. This publication does not announce a credit rating action.

  • Reuters

    UPDATE 2-Bombardier posts loss, lowers 2019 profit forecast as rail woes persist

    Bombardier Inc on Thursday lowered its full-year core earnings and free cash flow forecasts, and reported a quarterly loss, as the Canadian plane and train maker wrestles with challenges in its important rail division. Montreal-based Bombardier is in the middle of a broader restructuring, shedding underperforming commercial plane programs to focus on its more profitable business jet and rail units. The rail division is Bombardier's largest by revenue.

  • Bombardier posts quarterly loss, lowers 2019 forecast; shares plunge
    Reuters

    Bombardier posts quarterly loss, lowers 2019 forecast; shares plunge

    The company also lowered its full-year forecast for earnings before interest and taxation (EBIT), another closely watched measure, in the rail division. Bombardier shares were down 18% at C$1.86, well below the broader Canadian share index, which was down 0.2%.

  • Tanzania to buy new Airbus, Bombardier planes for national carrier
    Reuters

    Tanzania to buy new Airbus, Bombardier planes for national carrier

    Tanzania's government will buy two new Airbus jets and one plane from Bombardier Inc as part of a fleet expansion plan for the national flag carrier, the president said on Thursday.     President John Magufuli has personally taken charge of the revival of Tanzania's loss-making state carrier Air Tanzania Company Limited (ATCL), spending hundreds of millions of dollars purchasing eight new planes since 2016.

  • Reuters

    CORRECTED-Tanzania to buy new Airbus, De Havilland planes for national carrier

    Tanzania's government will buy two new Airbus jets and one plane from De Havilland Canada as part of a fleet expansion plan for the national flag carrier, the president said on Thursday. President John Magufuli has personally taken charge of the revival of Tanzania's loss-making state carrier Air Tanzania Company Limited (ATCL), spending hundreds of millions of dollars purchasing eight new planes since 2016. President Magufuli "has already issued instructions for the purchase of three additional planes (two Airbus jets and one De Havilland) to expand air services and improve tourism," the president's office said in a statement.

  • Moody's

    Triumph Group, Inc. -- Moody's downgrades Triumph Group, Inc. ratings: CFR to Caa1, outlook stable

    Moody's Investors Service ("Moody's") downgraded its ratings of Triumph Group, Inc. ("Triumph"), including the Corporate Family Rating (CFR) to Caa1 from B3, Probability of Default Rating to Caa1-PD from B3-PD and senior unsecured to Caa2 from Caa1. Moody's also upgraded the Speculative Grade Liquidity (SGL) rating to SGL-3 from SGL-4. The downgrades reflect Moody's expectations of limited cash generation, weak credit metrics and a sustained reliance on external financing over the next few years.

  • Bombardier Sells Its Final Commercial Aircraft Program
    Motley Fool

    Bombardier Sells Its Final Commercial Aircraft Program

    Mitsubishi Heavy Industries will buy the remnants of the CRJ regional jet program in order to gain control of Bombardier's global sales, service, and support networks.

  • Moody's

    Bombardier Inc. -- Moody's says Bombardier's sale of its regional jet business is credit positive

    Moody's Investors Service ("Moody's") says Bombardier Inc.'s (Bombardier -- B3, stable) announcement that Mitsubishi Heavy Industries, Ltd ("MHI", not rated) will acquire Bombardier's regional jet program for $550 million, payable to Bombardier upon closing, and the assumption by MHI of $200 million of associated liabilities is credit positive. This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

  • Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi
    Reuters

    Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

    Montreal-based Bombardier has been selling off its weaker-performing commercial plane programs aimed at airlines to focus on profitable business jets and passenger rail cars. In an interview, Bombardier Chief Executive Alain Bellemare said some proceeds would be used to reduce debt. Bombardier has an additional $400 million liability from residual value guarantees provided to airlines on the regional jet program.

  • Reuters

    UPDATE 7-Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

    Bombardier Inc said it will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker's exit from commercial aviation. Under the agreement, the Japanese firm will take over $200 million in liabilities, but receive Bombardier's estimated $180 million interest in a financing structure it created to support aircraft leasing. Mitsubishi Heavy shares fell 1.5% as Asian markets started trading, while the broader market was down 0.5%.

  • Reuters

    Britain acted unlawfully on Saudi arms exports, court rules

    A British court on Thursday ruled that the British government had acted unlawfully in allowing arms exports to Saudi Arabia that might have been used in the conflict in Yemen. "The decision of the court today does not mean that licenses to export arms to Saudi Arabia must immediately be suspended," he said. The case was brought by the Campaign Against the Arms Trade against the British government.

  • Reuters

    UPDATE 1-Mitsubishi Aircraft unveils SpaceJet brand, revamped version of smaller jet

    Japan's Mitsubishi Aircraft Corp rebranded its MRJ family jets to be called the "SpaceJet" and unveiled a redesigned version of the smaller jet to help improve its sales prospects in the large U.S. market. The SpaceJet M100, the revamped version of the MRJ70, will now have up to 76 seats in a typical U.S. cabin configuration rather than the earlier 69 seats, the company said on Thursday, making it a more attractive offering for regional carriers with contracts to major carriers. The larger SpaceJet M90, renamed from MRJ90, is too big for U.S. regional carriers to fly without the relaxation of pilot union rules, an unlikely prospect due to a pilot shortage that has given unions more bargaining power.

  • Reuters

    UPDATE 1-Quebec will not invest in Bombardier's regional jet program -economy minister

    Quebec's economy minister said on Monday his government has ruled out investing in Bombardier Inc's weak-selling regional jet program, which could be sold to Japan's Mitsubishi Heavy Industries Ltd. Economy Minister Pierre Fitzgibbon said his government is taking steps to protect jobs within the Canadian province's aerospace sector, but he will not invest billions of taxpayer dollars to boost sales of the regional jet program which is assembled near Montreal. The Quebec government previously invested $1 billion for a stake in Bombardier's flagship narrowbody jet program, which is now owned by Europe's Airbus SE.