|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.5300 - 1.6000|
|52 Week Range||1.2100 - 4.2600|
|Beta (3Y Monthly)||1.55|
|PE Ratio (TTM)||9.81|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.85|
TORONTO, May 08, 2019 -- Bombardier Commercial Aircraft announced today the recipients of fourteen 2018 Airline Reliability Awards. The award recognizes operators of Bombardier.
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.
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.
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..
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.
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.
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.
The rail unit, which is expected to generate $10 billion, or half of the company’s revenue in 2020, has been dogged by contracts delays that heavily contributed to disappointing free cash flow in 2018 and a subsequent selloff of Bombardier stocks and bonds. Bombardier’s decision to trim 2019 revenue estimates by $1 billion to $17 billion spooked bondholders on Thursday. Bombardier’s “revelation this morning on weaker, expected transport revenue, came as a negative surprise to the market,” wrote Citi analyst Stephen Trent, while noting that the company was still expecting improved free cash flow.
The cuts to its forecasts come as the plane-and-train maker nears the end of a 5-year turnaround plan, after heavy investment in plane production drove the company to the brink of bankruptcy in 2015. Shares erased some of their earlier losses to trade down 15% at C$2.46 by midmorning, with the company still the biggest loser on the Toronto Stock Exchange and the most active stock. Montreal-based Bombardier trimmed its 2019 revenue estimate http://bit.ly/2vuDVjv by $1 billion (£777 million) to $17 billion, and expected adjusted core earnings to range between $1.50 billion and $1.65 billion, compared with its prior expectation of $1.65 billion to $1.8 billion.
In parallel to the opening of Centennial College Downsview Campus Centre for Aerospace and Aviation, Bombardier Commercial Aircraft announced today the donation of a CRJ200 aircraft to the Centennial College Aviation Program at its new campus based in Downsview, to be used in the education and training of the future generation of aerospace professionals. The CRJ200 is the first one of its kind to grace the Centennial College’s Downsview facility hangar, it is also the biggest plane as well as the first ever commercial aircraft to be received at the site.
Canada's main stock index fell on Thursday, hurt by a drop in Bombardier Inc's shares following a weak full-year outlook and as the Bank of Canada lowered its growth forecast for 2019. * At 9:38 a.m. ET (1338 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was down 47.87 points, or 0.29 percent, at 16,538.65. * Bombardier fell 16.1 percent after cutting its full-year profit and revenue forecast as delays in some large projects hit its dominant transportation unit that makes rail cars.
Shares of Bombardier Inc fell as much as 25.3 percent on Thursday after the Canadian plane-and-train maker cut its full-year profit and revenue forecast, wiping out more than C$1.5 billion off its market ...
Canada's main stock index fell at open on Thursday, as shares of plane-and-train maker Bombardier Inc tumbled after the company cut its full-year profit forecast. * At 9:31 a.m. ET , the Toronto Stock ...
First Quarter 2019 Consolidated Performance(1) Revenues expected to be ~$3.5B; driven lower by timing of aircraft deliveries, slower project ramp up at Transportation, and.
MONTRÉAL, April 23, 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.