|Bid||1.6200 x 0|
|Ask||1.6300 x 0|
|Day's Range||1.5700 - 1.6300|
|52 Week Range||1.5300 - 4.0200|
|Beta (3Y Monthly)||1.58|
|PE Ratio (TTM)||18.11|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.29|
Bombardier announced today that its two latest additions to the Global family, the Global 5500 and Global 6500 business jets, have received European Aviation Safety Agency (EASA) certification, validating the requirement for the aircraft’s operation in the European Union. This certification comes on the heels of Transport Canada certification and entry-into-service on September 30.
MONTREAL/SEATTLE, Oct 3 (Reuters) - Spirit AeroSystems Holdings Inc has emerged as the front-runner to acquire Bombardier Inc's aerostructures facilities in Belfast and Morocco, two sources familiar with the matter told Reuters. A deal for the plants would be strategic for U.S. aerospace components maker Spirit, which is diversifying its customer base. Bombardier said in May it would sell off the two aerostructures operations, including a wing-making facility in Belfast, as the Montreal-based company sheds its commercial aviation businesses to focus on more profitable corporate jets and passenger rail cars businesses.
The following are the top stories on the business pages of British newspapers. - The John Lewis Partnership has launched a radical overhaul that means that the department store chain and Waitrose food business will no longer be run as two separate entities, resulting in the loss of 75 senior head office jobs and cost savings of 100 million pounds ($122.86 million). - The Financial Reporting Council is to investigate the auditing of Thomas Cook Plc's accounts by audit firm Ernst & Young in the year before the company's collapse.
A U.S. judge on Monday dismissed a lawsuit in which Comerica Inc sought millions of dollars from Bombardier Inc after the Canadian aircraft maker could not find buyers for four planes whose leases had expired. U.S. District Judge Paul Gardephe in Manhattan, who had dismissed an earlier version of the lawsuit in July 2017, said Comerica was still unable to show that the planes had been returned to the lessor, which its contracts with Bombardier required before payment could be made. The amount sought was blacked out in the amended complaint.
MONTRÉAL, Sept. 12, 2019 (GLOBE NEWSWIRE) -- Bombardier announced today that it will provide more than 1,000 paid internship positions in Canada for the 2019-2020 school year. The announcement was made at an event hosted by senior executives and attended by dozens of university and business representatives and more than 100 interns at Bombardier’s Challenger business jet delivery centre in Dorval, Québec. While the company has provided paid internship positions in Canada for more than two decades, this is the first time Bombardier has publicly committed to exceeding 1,000 internships for a single academic year.
MONTRÉAL, Sept. 12, 2019 -- Bombardier will be announcing a significant investment to foster the next generation of mobility professionals on September 12, 2019 among 100.
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.
Mobility solution provider Bombardier Transportation and Dresden’s transport authority Dresdner Verkehrsbetriebe (DVB), have signed a contract to supply and maintain 30 BOMBARDIER FLEXITY trams, equipped with the Obstacle Detection and Assistance System (ODAS) for preventing collisions. The contract also includes the FlexCare maintenance management system for a 24-year period.
New contract reaffirms long-standing relationships with Abellio and with Eversholt Rail Derby Etches Park depot to maintain Bombardier Class 222s for East Midlands Railway.
BERLIN, Aug. 13, 2019 -- Bombardier Transportation has issued an update to the press release published on Monday August 5, 2019 regarding the contract to supply and operate two.
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.
EGX: ORAS) and Arab Contractors have signed an agreement today with National Authority for Tunnels in Cairo to design and build two new monorail lines in Egypt. On completion of the construction phase, the consortium will be responsible for the Operation and Maintenance (O&M) of both lines for 30 years.
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.
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%.
Consolidated revenues of $4.3B, representing 9% organic growth(1), driven mainly by higher aircraft deliveries and aftermarket growthAdjusted EBITDA(2) and adjusted EBIT(2) of.
MONTREAL, July 31, 2019 -- Bombardier (TSX: BBD.B) will publish its financial results for the second quarter of 2019 on Thursday, August 1, 2019 and hold a live.
MONTREAL, July 26, 2019 -- Bombardier (TSX: BBD.B) will publish its financial results for the second quarter of 2019 on Thursday, August 1, 2019 and hold a live.