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Bombardier Inc (BBD_pc.TO)

BBD_pc.TO on Toronto Stock Exchange

17.65CAD
24 May 2017
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Latest Key Developments (Source: Significant Developments)

Triumph Aerostructures reaches settlement with Bombardier
5:59am EDT 

May 24 (Reuters) - Triumph Group Inc -:Says terms of settlement were not disclosed.Triumph Group Inc - Triumph Aerostructures, Llc comprehensive settlement with Bombardier.Triumph Group Inc - Bombardier, unit have entered into a comprehensive settlement agreement that resolves all outstanding commercial disputes between them.Triumph Group- settlement resets commercial relationship between TAS,Bombardier,allows each of them to better achieve business objectives going forward.Triumph Group - agreement resolves disputes related to design, manufacture and supply of wing components for bombardier's global 7000 business aircraft.  Full Article

Bombardier launches Ka-band high-speed internet on Challenger 650 Aircraft
Monday, 22 May 2017 04:00am EDT 

May 22 (Reuters) - Bombardier Inc :Bombardier launches ka-band high-speed internet on challenger 650 aircraft.  Full Article

Canada's Trudeau: will always defend Bombardier, aerospace industry
Friday, 19 May 2017 01:30pm EDT 

May 19 (Reuters) - Bombardier Inc :Canadian Prime Minister Justin Trudeau says we will always defend Bombardier and the Canadian aerospace industry.  Full Article

CDPQ issues statement regarding Bombardier CSeries program investigation
Thursday, 18 May 2017 03:22pm EDT 

May 18 (Reuters) - Caisse de Dépôt et Placement du Québec::Says to prove investments in Bombardier "were always done on commercial terms".Issues statement regarding Department of Commerce investigation on Bombardier CSeries aircraft program.  Full Article

Bombardier selects IBM services and cloud to accelerate business transformation
Wednesday, 17 May 2017 07:00am EDT 

May 17 (Reuters) - Bombardier Inc :Bombardier selects IBM services and cloud to accelerate it business transformation.Bombardier - extending its long-term partnership with ibm.Bombardier - extends long-term partnership with IBM through a new six-year deal valued at approximately $700 million.  Full Article

Bombardier signs agreement with IBM to accelerate IT business transformation
Tuesday, 16 May 2017 07:20pm EDT 

May 16 (Reuters) - Bombardier ::Bombardier signs agreement with IBM to accelerate IT business transformation.New six-year deal valued at approximately $700 million.Bombardier - reached partnership agreement with ibm to support global integration of information technology services across Bombardier transportation.  Full Article

Bombardier investors approve Pierre Beaudoin as chairman
Thursday, 11 May 2017 10:28am EDT 

May 11 (Reuters) - Bombardier Inc :Bombardier shareholders approve Pierre Beaudoin as board chairman; 92 percent vote in favour.  Full Article

Bombardier Q1 adj EPS $0.00; Pierre Beaudoin to step down as executive chairman
Thursday, 11 May 2017 06:00am EDT 

May 11 (Reuters) - Bombardier Inc BBDB.TO::Bombardier Q1 loss per share $0.02; Q1 adjusted earnings per share $0.00; Q1 revenue $3.58 billion, down 9 percent.Q1 earnings per share view $-0.01, revenue view $3.84 billion -- Thomson Reuters I/B/E/S.Says full year guidance reaffirmed.FY2017 earnings per share view $-0.02, revenue view $16.72 billion -- Thomson Reuters I/B/E/S.Pierre Beaudoin to step down as executive chairman of board effective June 30; Beaudoin will continue to serve as non-executive chairman.Q1 business aircraft revenue $1.01 billion versus $1.30 billion; Q1 business aircrafts deliveries 29 units versus 31 units last year.Says order backlog for business aircraft $15.2 billion at Q1-end versus $15.4 billion at Q4-end.Q1 commercial aircrafts revenue $540 million versus $616 million; Q1 commercial aircrafts deliveries 15 units versus 20 units last year.Q1 Bombardier Transportation revenues $1.92 billion versus $1.88 billion; Q1 Bombardier Transportation order intakes $2.2 billion versus $1.2 billion last year.Says order backlog for commercial aircraft was 432 units at Q1-end versus 436 units at Q4-end.Says order backlog at Bombardier Transportation $30.9 billion at Q1-end versus $30.1 billion at Q4-end.Says Global 7000 aircraft is expected to enter into service in the second half of 2018.Says "significantly ramped-up" C Series aircraft production in Q1 in preparation for acceleration of deliveries in H2 2017.  Full Article

CPPIB withholds vote for re-election of Bombardier Executive Chairman Beaudoin
Wednesday, 10 May 2017 01:40am EDT 

May 10 (Reuters) - :Canada's largest pension fund CPPIB withholds vote for re-election of bombardier executive chairman pierre beaudoin.  Full Article

No major M&A moves for Alstom - Alstom CEO
Thursday, 4 May 2017 03:26am EDT 

May 4 (Reuters) - Alstom ::* CEO says Alstom has no "vital moves" regarding mergers and acquisitions.* CEO comments came during a conference call after Alstom reported higher profits and kept its financial targets nFWN1I512C.* Talks about uniting the rail operations of Germany's Siemens and Canada's Bombardier are being complicated by the desire of both companies to keep control of a merged business, two people close to the matter said on April 12 nL8N1HK2A6.* The two groups are talking about a joint venture that could compete better with Chinese state-backed market leader CRRC <601766.SS>, which is expanding aggressively abroad and would still be twice their combined size by revenue..* The three main rivals to CRRC -- Bombardier, Siemens and France's Alstom -- have talked to each other about combining their businesses in various arrangements over the past years.  Full Article

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BRIEF-Triumph Aerostructures reaches settlement with Bombardier

* Triumph Group Inc - Triumph Aerostructures, Llc comprehensive settlement with Bombardier