Bombardier Stock
Forget the Bombardier Stock Bears Bombardier, Inc. (TSE:BBD.B) seemed to be heading for calmer skies. Bombardier stock lost 10% in Toronto, dropping to the $1.10–$1.15-per-share zone. Most analysts have attributed BBD.B stock’s poor performance to the fact the airplane maker from Montreal failed to win a big contract…
Government Should Bail Out Bombardier Stock All aerospace eyes are targeting one of Canada’s largest companies—multinational Bombardier Inc (TSE:BBD.B). Recent years have been quite tumultuous for the company, which employs some 74,000 people worldwide, and have somewhat undermined its reputation. Structural problems and production delays for its most…
Following the announcement of massive layoffs at Bombardier, Inc. (TSX:BBD.B) and a long awaited Air Canada order for the “C Series,” investors find Bombardier stock more appealing. Since the company’s restructuring and new C Series announcement, BBD.B stock has gained some 25%. Does this mean Bombardier is finally…
This Is Good News for Bombardier Stock In the past few weeks Bombardier, Inc. (TSE:BBD.B) has dropped to its lowest price level ever. Investors wondered if the Canadian government would support the “C Series” airliner. Fortunately, Bombardier reassured investors that the program would go ahead. This is good…
Canadians on the Hook to Save Bombardier Stock CA$55.55 is the amount that every income tax–paying Canadian will contribute to Bombardier, Inc. (TSX:BBD.B) if the federal government decided to approve a CA$1.0-billion bailout to save the embattled plane and train maker—a step that may bring a little bit…
Bombardier, Inc. (TSE:BBD.B), the Canadian plane and train maker, recently announced that it won a contract valued at CA$391 million. The news helped the troubled Bombardier stock breathe a sigh of relief. Bombardier shares gained as much as 7.7%, hitting a share price of CA$0.84 in intraday trading…
The drowning Bombardier, Inc. (TSE:BBD.B) is getting a helping hand from Quebecers, as the rest of Canada keeps its arms folded. The French-speaking province is mulling a further investment in the “jewel” of its economy, thus Bombardier stock can breathe air instead of water. Earlier this week, the…
More bad news from Bombardier, Inc. (TSE:BBD.B) this week. Bombardier stock was stabbed in the back twice from its Canadian peer—WestJet Airlines Ltd. (TSE:WJA). The top executive of the Alberta-based airliner, while discussing his company’s fortunes with the press this week, downplayed Bombardier’s 100–150-seat “C Series” for the…
Bombardier, Inc. (TSE:BBD.B) is Canada’s largest industrial group. Bombardier stock was starting to enjoy a rally in the last days of the year, reaching $1.39, but it is now back in the $1.10–$1.15-per-share zone after losing two $3.0-billion sales prospects. Had Bombardier been successful, it would have secured…
Is This the Bottom for Bombardier Stock? Bombardier Inc. (TSX:BBD.B), Canada’s largest industrial group, costs a mere $1.10 per share. However, the price of Bombardier stock defies logic, considering that the company is just one of four commercial airliners flying in North America. The Montreal-based company also makes…