|Bid||2.13 x 0|
|Ask||2.13 x 0|
|Day's Range||1.9900 - 2.1150|
|52 Week Range||1.5850 - 5.5800|
|Beta (3Y Monthly)||2.88|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.42|
Bombardier is making progress resolving problems with double-decker passenger trains which have drawn criticism from buyer Swiss Federal Railways (SBB), the company's Swiss country chief has told a local newspaper. SBB, in its largest ever order for rolling stock, in 2010 agreed to pay around 1.9 billion Swiss francs ($1.91 billion) for 62 trains. Stephane Wettstein, who runs Bombardier's Swiss business, told the Aargauer Zeitung that the trains' reliability had improved considerably in recent weeks.
Germany's Siemens (SIEGn.DE) and France's Alstom (ALSO.PA) agreed in 2017 to merge their rail assets, hoping to create a European industrial champion. Siemens said on Thursday it was not prepared to make further concessions, meaning the merger's fate now likely rests in the hands of the European Commission, whose 28 commissioners are themselves split on the issue. The Commission has not commented publicly on its deliberations, beyond saying it will take a decision by Feb. 18.
Siemens (SIEGn.DE) will not make further concessions to save a rail merger deal with France's Alstom (ALSO.PA) even after European competition authorities demanded further concessions, sources familiar with the matter said. Siemens is ready to walk away from the tie-up which was announced in Sept. 2017, a source familiar with the matter said. Siemens has already offered to license parts of its high speed train business and sell parts of its signalling operations to meet the concerns of the EU authorities who are worried about stifling competition in the rail sector.
The chief executive of European planemaker Airbus (AIR.PA) said on Wednesday British ministers had expressed a "certain degree of optimism" that Britain would not leave the European Union without a transition deal. Airbus was among companies represented on a conference call between business leaders and British ministers late on Tuesday after the government lost a vote in parliament on Prime Minister Theresa May's plans for an exit deal.
Europe's Airbus (AIR.PA) is ratcheting up pressure on suppliers like United Technologies (UTX.N) to cut costs for its Canadian-developed A220 jetliner as it expands factory facilities to cope with anticipated demand for the former Bombardier model. Long seen as low on the list of priorities for top suppliers as Canada struggled to break into the main airliner market, the A220 now has the clout of the world's second largest planemaker behind it after Airbus bought the loss-making project last year. Philippe Balducchi, head of an Airbus-led venture which took over production last July, said the planemaker was looking for a "significant double-digit" percentage reduction in costs but played down suggestions that it could slash costs by half.
A crackdown on corruption in Saudi Arabia has severely dented the kingdom's private jet industry in a sign of the impact the campaign has had on private enterprise and the wealthy elite. Dozens of planes, owned by individuals and charter companies and worth hundreds of millions of dollars, are stranded at airports across the kingdom including Riyadh and Jeddah, four people familiar with the matter told Reuters. Some were handed over to the state in settlements reached after the crackdown was launched in late 2017, when dozens of princes, businessmen and government officials were detained, they said.
Multilevel III cars will feature new amenities designed to enhance the customer experience Represents third contract for Bombardier-built Multilevel cars for New Jersey Transit.
Canada's main stock index little changed on Monday, after notching two weeks of gains, as advances in healthcare stocks were stymied by losses in energy shares. * At 10:00 a.m. ET , the Toronto Stock Exchange's ...
The European Union's competition watchdog will decide by Feb.18 whether to approve a merger of the rail operations of Germany's Siemens (SIEGn.DE) and France's Alstom (ALSO.PA), a spokesman said on Monday. French newspaper Les Echos reported last Friday that the European Commission was likely to veto the merger, which would create a Franco-German rail champion, sending Alstom shares 2.6 percent lower on Monday. "Our investigation is ongoing, our current decision deadline is February 18," Commission spokesman Ricardo Cardoso said.
Canada's main stock index rose on Friday, helped by gains in the energy sector, after ending the previous session with its biggest percentage rise in nearly three years. * At 9:37 a.m. ET (1437 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was up 64.32 points, or 0.45 percent, at 14,229.53. * All of the index's 11 major sectors were higher, led by a 1.5 percent rise in the energy sector and a 1.4 percent gain in the healthcare sector.
The Global 6000 aircraft delivers performance, reliability and leading-edge technologyWith its advanced wing design, the Global 6000 aircraft delivers a smooth ride for.
Mobility solution provider Bombardier Transportation has received an order for 47 Francilien train sets (334 cars) from the French national railway corporation, Société nationale des chemins de fer français (SNCF) on behalf of the Greater Paris public transport authority, Île-de-France Mobilités. The order, a call off from a contract signed in 2006 with SNCF for a maximum of 372 trains, is valued at approximately 330 million euro ($378 million US).
BERLIN, Dec. 21, 2018 -- Global mobility solution provider Bombardier Transportation announced today that it signed a contract for rolling stock with an undisclosed customer in.
A trade secrets lawsuit brought by Canada's Bombardier Inc (BBDb.TO) against the aircraft unit of Mitsubishi Heavy Industries Ltd should be dismissed because the allegations are baseless and designed to "disrupt development" of a rival jet, a spokesman for the Japanese company said on Thursday. Mitsubishi Aircraft Corp filed a court motion calling for the dismissal of Bombardier's October lawsuit, in which the Canadian planemaker said its former employees passed on trade secrets to help Mitsubishi's oft-delayed regional jet project, spokesman Jeff Dronen said. Bombardier's lawsuit was filed in U.S. federal court in Seattle against Mitsubishi, Seattle-based Aerospace Testing Engineering & Certification Inc (AeroTEC) and several former Bombardier employees.
Britain's CMA competition watchdog and its counterparts in the Netherlands, Belgium and Spain have teamed up against Siemens (SIEGn.DE) and Alstom (ALSO.PA), saying they "fall far short" of addressing concerns over their rail deal. In an unusual move, the four national regulators set out their case against the companies' plan to create a Franco-German rail champion in a joint public letter on Thursday to European Competition Commissioner Margrethe Vestager. Vestager is now waiting for rivals and customers to comment on Siemens and Alstom's offer to sell either one of their high-speed train technologies and the bulk of Alstom's signalling business in Europe in addition to some Siemens signalling assets.
MONTREAL , Dec. 20, 2018 /CNW/ - Accenture (ACN) has been chosen by Bombardier (BBD-B.TO) to help it further streamline procurement processes and reduce costs associated with the purchase of a wide range of indirect goods and services around the world. Accenture will use its source-to-pay and operations-as-a-service capabilities to help Bombardier implement more intelligent and efficient purchasing of indirect goods and services – those supporting the company's internal operations, as opposed to goods and services used in the manufacturing and production of its products. Accenture's end-to-end, globally integrated capabilities will help Bombardier enhance its automation opportunities, increase operating efficiencies, mitigate risks, reduce duplicative processing and improve corporate compliance.
Railpool’s fleet of TRAXX locomotives thus expands to 217 BERLIN, Dec. 20, 2018 -- Global mobility solution provider Bombardier Transportation has received orders from.
Global mobility solution provider Bombardier Transportation and Wiener Lokalbahnen have signed a contract to supply 18 FLEXITY trams to Vienna, including the FlexCare maintenance management system over 24 years. The contract is valued at approximately 94 million euro ($107 million US).
Canada's Bombardier Inc (BBDb.TO) will deliver its first Global 7500 corporate jet on Thursday, premiering a full-sized bed and optional en-suite shower, in a challenge to U.S. planemaker Gulfstream (GD.N) at the top of the luxury jet market. To meet demands by wealthy travellers, business jet manufacturers are increasingly filling their cabins with hotel-style features, previously seen only in converted commercial aircraft, by harnessing lighter-weight materials and technology that do not compromise a plane's range. The Global 7500, with a $73 million (58 million pounds) list price, will compete with Gulfstream's G650, which has dominated the top end of the business jet market since its entry into service in 2012.
Canada's main stock index fell on Monday, as investors turned cautious ahead of the U.S. Federal Reserve's monetary policy guidance and concerns over slowing global growth. * At 9:53 a.m. ET , the Toronto ...
Global mobility solution provider Bombardier Transportation received a call-off order from Albtal-Verkehrs-Gesellschaft mbH (AVG), the transport company of the Alb valley region in southwest Germany, for the delivery of 20 further dual-system BOMBARDIER FLEXITY trams. This third order is based on a framework agreement for a total of 75 vehicles from 2009.
Based in Toronto, Ms. Buckler will be responsible for developing and supporting the company’s external communications activities, focusing on providing strategic communications across Bombardier businesses, media relations, as well as community and stakeholder engagement in Ontario. An accomplished public affairs professional, Ms. Buckler garnered experience at senior levels in the private sector in Canada and in the United States, as well as in the Federal Government of Canada.
Second order of new Chinese standard high-speed train cars demonstrates Bombardier joint venture’s competitiveness and ability to deliver proven high-speed mobility.
PARIS/FRANKFURT (Reuters) - Alstom (ALSO.PA) and Siemens (SIEGn.DE) have agreed to submit measures to the European Commission that would reduce their combined sales by more than half a billion euros in a bid to get their planned rail merger approved, showing they will budge, but not at any expense. Germany's Siemens and France's Alstom agreed last year to merge their rail operations, creating a company with 15 billion euros (13.6 billion pounds) in revenue and a workforce of 62,000, but regulators raised concerns over the deal. "The proposed remedies include mainly signalling activities as well as rolling stock products and represent around four percent of the sales of the combined entity," Siemens and Alstom said in a brief joint statement on Wednesday.