Bombardier Inc (BBD_pd.TO)
|Market Cap (Mil.):||$6,811.17|
|Shares Outstanding (Mil.):||1,758.03|
ALMATY, Feb 27 - Kazakhstan will create a new airline to serve domestic routes and has entered a partnership agreement with Canada's Bombardier Inc on delivery of its first 10 planes, the oil-rich country's sovereign wealth fund said on Thursday.
TORONTO - Bombardier Inc reported a quarterly profit that fell well short of expectations on Thursday and cut its 2014 earnings forecast as it spends heavily on developing its new CSeries jetliner, news that spurred downgrades of its credit rating and pushed its shares sharply lower.
(Updates with downgrades from S&P and Moody's, details on CSeries flight tests, stock movement)
* TSX rises 101.16 points, or 0.73 percent, to 14,001.65 * Nine of 10 main index sectors advance * Teck, Cenovus, Great-West Lifeco, Bombardier drop after results * Barrick, Goldcorp climb despite posting losses By John Tilak TORONTO, Feb 13 - Canada's main stock index rose on Thursday for an eighth straight session as gains in shares of Barrick Gold Corp and Goldcorp Inc helped overcome a wave of disappointing quarterly reports. Investors also shrugged off dat
* TSX rises 23.36 points, or 0.17 percent, to 13,923.85 * Six of the 10 main index sectors advance * Teck, Cenovus, Manulife, Bombardier drop after results * Barrick, Goldcorp climb despite reporting losses By John Tilak TORONTO, Feb 13 - Canada's main stock index was up for an eighth day in an earnings-driven session on Thursday as strength in shares of Barrick Gold Corp and Goldcorp Inc offset a string of disappointing quarterly results. Sharp declines in Tec
TORONTO, Feb 13 - Canada's main stock index fell on Thursday after seven straight sessions of gains, weighed by sharp declines in Manulife Financial Corp and Bombardier Inc after the two companies reported disappointing quarterly results. The Toronto Stock Exchange's S&P/TSX composite index was down 57.94 points, or 0.42 percent, at 13,842.55 shortly after the open.
Feb 13 - Canadian plane and train maker Bombardier Inc reported a lower-than-expected quarterly profit due to a fall in gross margin and forecast a slowdown in revenue growth at its rail unit this year.
Feb 13 - Canadian plane and train maker Bombardier Inc reported a quarterly profit on Thursday and said the initial ground and flight test performance results of its CSeries' aircraft program were in line with the company's expectations.
SINGAPORE - Thai low-cost carrier Nok Airlines Pcl confirmed on Thursday options for two Q4 100 aircraft from Bombardier Inc and is looking to confirm two more.
TORONTO, Feb 10 - Bombardier Inc has delivered a third CSeries jet for flight testing, and says it is making incremental progress in its delay-plagued program to get the new narrow-body passenger jet to market.