|Bid||2.1100 x 0|
|Ask||2.1400 x 0|
|Day's Range||2.1100 - 2.1700|
|52 Week Range||1.5850 - 5.5800|
|Beta (3Y Monthly)||1.28|
|PE Ratio (TTM)||13.44|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.85|
The head of Europe's Airbus said it was too early to talk about acquiring a Belfast factory placed on sale by Canada's Bombardier. Airbus bought the loss-making CSeries programme from Bombardier last year while leaving it with control of the aerostructures operations. Analysts have said the plant could be attractive to Airbus but CEO Guillaume Faury told reporters on Thursday that the discussion was "premature".
The world's largest maker of passenger trains has roared into the U.S. market in recent years, clinching contracts in Boston, Philadelphia, Chicago and Los Angeles by underbidding rivals - including Canada's Bombardier - by hundreds of millions of dollars. While there are no U.S. passenger-car builders, CRRC's success has fuelled a backlash by American freight companies, which fear the company will encroach on the country's far bigger freight car market. Raising questions about whether China could spy on passengers if CRRC gets the D.C. project, the freight lobby helped U.S. lawmakers craft a bill that would prevent transit agencies from spending federal dollars on projects awarded to the firm.
TORONTO, May 08, 2019 -- Bombardier Commercial Aircraft announced today the recipients of fourteen 2018 Airline Reliability Awards. The award recognizes operators of Bombardier.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Bombardier Inc deliberately inflated ...
A plane crash in a remote mountain region in northern Mexico claimed the lives of all 13 people on board, including a family of five that were flying back from watching a boxing match in Las Vegas, authorities and local media said on Monday. The wreckage of the plane that took off from Las Vegas on Sunday was found via aerial surveillance in the northern municipality of Ocampo, the government of Coahuila state said in a statement.
Canada's Bombardier Inc will sell its wing component plant in Morocco to a manufacturer that will continue to supply Bombardier after a sale, Moroccan Industry Minister Moulay Hafid Elalamy said on Monday. The plane-and-train maker said last week it would unite its corporate and regional jet units into one aviation division as part of a shake-up. It plans to sell plants in Belfast and Casablanca.
The regional government of the Mexican state of Coahuila said on Monday that a private jet plane that crashed between Las Vegas, Nevada and the northern Mexican city of Monterrey had 13 people on board, according to the flight plan.
Canadian aircraft manufacturer Bombardier (TSX: BBD.B) has announced the sale of its factory in Northern Ireland following a decision to concentrate its aviation activities in North America. In further evidence of the negative effects that Brexit is having on industry, Bombardier will consolidate its production to plants in North America. Bombardier announced the creation of Bombardier Aviation, which will consolidate its aviation business into a single business unit, headed by David Coleal.
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London's new flagship railway Crossrail cannot say when the much-delayed line will open, or what the final cost will be, Britain's spending watchdog said on Friday after Europe's most ambitious infrastructure programme hit the buffers. Due to open in December 2018, the rail line running between Heathrow Airport to the Canary Wharf financial district via central London, is now unlikely to open before 2021 after it was hit by testing and signalling problems. The National Audit Office (NAO) said on Friday the mismanagement of Britain's most important infrastructure project in decades had resulted in unnecessary spending and delivered poor value for taxpayers.
MONTREAL/BELFAST (Reuters) - Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker's reluctance to say it would meet 2020 goals sent shares lower. The Canadian company said on Thursday it would unite its corporate and regional jet units, while selling off two aerostructures operations, including the Belfast plant, the largest high-tech manufacturer in Northern Ireland. Bombardier's retreat from Belfast comes at a sensitive time for the British government, which is struggling to agree a deal to leave the European Union, in large part because of disagreements over the future of the Irish border.
MONTRÉAL, May 02, 2019 -- Bombardier announced today that all candidates in the Management Proxy Circular dated March 4, 2019 were elected as directors of Bombardier Inc..
** 3M Co said it would buy privately held medical device maker Acelity Inc in a deal valued at $6.7 billion, including debt, as the U.S. industrial conglomerate looks to expand its business in medical dressings and related products. ** Australian property developer Villa World received a sweetened takeover offer from AVID Property Group Australia Pty, which now values the company at A$293.5 million($205.9 million). ** Australian retail conglomerate Wesfarmers Ltd offered A$776 million ($544 million) to buy lithium miner Kidman Resources Ltd, its second bid in two months to deepen its exposure to high-tech minerals.
The manufacturer is unable to reaffirm its financial targets for next year, and Chief Financial Officer John Di Bert said he couldn’t provide any additional “precision.” Bombardier also announced Thursday the formation of a new aerospace division that will oversee private aircraft and CRJ regional jets. The cloudy outlook underscores the challenges still facing Chief Executive Officer Alain Bellemare, who began a five-year turnaround of the debt-laden company in 2015. While the planned divestiture in Belfast would further his overhaul of Bombardier, the potential sale would take a bite out of revenue -- and face uncertainty from Britain’s planned split from the European Union.
Airbus on Thursday declined to say whether it was interested in buying Bombardier's Belfast plant after the Canadian firm put it up for sale, but described the Northern Ireland facility as a "key supplier". An Airbus spokesman noted the plant makes wings for the A220, formerly known as the CSeries, which Airbus bought from Bombardier last year, and some engine casings for the Airbus A320 family. Industry sources say the plant uses new technology for carbon fibre wings that could interest Airbus for a future A320 replacement and other long-term projects.
Canada's Bombardier Inc shocked workers in Northern Ireland on Thursday by announcing it would sell its Belfast operation, the largest high-tech manufacturer in the British region, which employs 3,600 people. Located yards from the Belfast shipyard that built the Titanic, the plant in British-run Northern Ireland is by far the most important manufacturer left in its capital city, once one of the key industrial centers of the British empire. The decision is part of a plan to combine Bombardier's corporate and regional jet units into a single aviation unit and shed more assets, including its Belfast and Morocco aerostructures businesses.
Canada's main stock index fell on Thursday, as lower crude prices pulled down energy shares, while precious metal miners were hurt by a fall in gold pries. * U.S. crude prices were down 2.3 percent per barrel, while Brent crude lost 1.8 percent, as record U.S. crude production led to a surge in inventories. * At 9:43 a.m. ET (13:43 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 25.61 points, or 0.16 percent, at 16,477.14.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Bombardier Inc said it will sell ...
First quarter results in line with preliminary results announced last week.Announces the strategic formation of Bombardier Aviation, consolidating all aerospace assets into a.
Swiss Federal Railways (SBB) and Bombardier are making progress on resolving technical problems with passenger trains the Swiss have ordered and could put five more of them into service within weeks, the partners said. SBB awarded Bombardier a 59-train contract in 2010, worth 1.9 billion Swiss franc ($1.86 billion), but the first deliveries were made only in 2018. Toni Haene, SBB's head of passenger transport, said on Wednesday that the plan was to put five more trains into service in addition to the 12 that have already been delivered.
MONTRÉAL, April 30, 2019 (GLOBE NEWSWIRE) -- Bombardier (BBD-B.TO) will publish its financial results for the first quarter of 2019 and hold its annual meeting of shareholders at the Grand Quay (former Alexandra Pier) located in Montréal’s Old Port on Thursday, May 2, 2019. On May 2 at 8:00 a.m., EDT, Bombardier’s management will hold a webcast/conference call intended for investors and financial analysts to review the company’s financial results for the first quarter of 2019.