for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Bombardier, Inc.

BBDb.TO

Latest Trade

0.50CAD

Change

0.07(+15.12%)

Volume

21,984,715

Today's Range

0.44

 - 

0.50

52 Week Range

0.26

 - 

2.06

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Alstom Launches Share Capital Increase To Finance The Bombardier Acquisition

Nov 16 (Reuters) - Alstom <ALSO.PA>::ALSTOM LAUNCHES ITS SHARE CAPITAL INCREASE WITH PREFERENTIAL SUBSCRIPTION RIGHTS OF AN AMOUNT OF APPROXIMATELY €2 BILLION AS PART OF THE FINANCING OF THE ACQUISITION OF BOMBARDIER TRANSPORTATION.SUBSCRIPTION RATIO: 3 NEW SHARES PER 10 EXISTING SHARES.SUBSCRIPTION PRICE: EUR 29.50 PER NEW SHARE; THEORETICAL VALUE OF PREFERENTIAL SUBSCRIPTION RIGHTS: EUR 2.90.SUBSCRIPTION PERIOD: FROM NOVEMBER 19(TH) TO NOVEMBER 30(TH), 2020, INCLUSIVE.RIGHTS ISSUE IS PART OF TOTAL EQUITY FINANCING OF APPROXIMATELY EUR 5 BILLION THAT ALSO INCLUDES CAPITAL INCREASES RESERVED FOR CDPQ AND BOMBARDIER INC., IN MINIMUM AMOUNTS OF EUR 2.63 BILLION AND EUR 500 MILLION, RESPECTIVELY.BOND ISSUE IN AN AMOUNT OF APPROXIMATELY EUR 400 MILLION IS ALSO BEING CONTEMPLATED.BOMBARDIER ACQUISITION DEAL IS EXPECTED TO CLOSE IN Q1 2021.THEORETICAL VALUE OF EX-RIGHT SHARE IS EUR 39.16.SUBSCRIPTION PRICE FOR NEW SHARES OF EUR 29.50 PER SHARE.

Bombardier Exec Says Order Activity Improved Over Q2 Especially For Co's Challenger Aircraft- Conf Call

Nov 5 (Reuters) - Bombardier Inc <BBDb.TO>::BOMBARDIER EXEC SAYS ORDER ACTIVITY IMPROVED OVER Q2 ESPECIALLY FOR CO'S CHALLENGER AIRCRAFT- CONF CALL.BOMBARDIER EXEC SAYS CO IS SEEING DEMAND FOR MID-SIZED AND LARGE PLANES.BOMBARDIER EXEC SAYS EXPECTS GLOBAL 7500 WILL BE PROFITABLE IN 2021.

Bombardier Posts Qtrly Adjusted Loss Per Share $0.13

Nov 5 (Reuters) - Bombardier Inc BBDB.TO::BOMBARDIER - QTRLY TOTAL REVENUE $3.5 BILLION, LOWER BY 5% DUE TO PANDEMIC-RELATED DISRUPTIONS AND DIVESTITURES.Q3 EARNINGS PER SHARE VIEW $-0.08, REVENUE VIEW $3.23 BILLION -- REFINITIV IBES DATA.BOMBARDIER - QTRLY EARNINGS PER SHARE $0.05; QTRLY ADJUSTED LOSS PER SHARE $0.13.BOMBARDIER - QTRLY AVIATION REVENUE $1.41 BILLION, DOWN 10%.BOMBARDIER - SALE OF BOMBARDIER TRANSPORTATION TO ALSTOM STILL EXPECTED TO CLOSE IN Q1 OF 2021.BOMBARDIER - OUTLOOK FOR TRANSPORTATION REMAINS POSITIVE AND IS SUPPORTED BY A $34.1 BILLION BACKLOG, STRONG INDUSTRY FUNDAMENTALS.BOMBARDIER - QTRLY TRANSPORTATION REVENUE $2.12 BILLION, DOWN 3%.BOMBARDIER - BUSINESS AIRCRAFT ORDER BACKLOG AT QUARTER END $12.2 BILLION VERSUS $14.4 BILLION AT END OF DEC. 31 2019.BOMBARDIER - STILL TARGETING BREAK-EVEN FCF FOR H2 2020, ASSUMING OPERATIONS REMAIN UNINTERRUPTED BY THE PANDEMIC.BOMBARDIER - EXPECTS TO FURTHER STRENGTHEN LIQUIDITY WITH POSITIVE CASH GENERATION IN Q4.BOMBARDIER - FOR TRANSPORTATION, NOW EXPECT A STRONG ORDER RECOVERY IN THE FINAL MONTHS OF 2020.

Spirit Aero CEO Says Even Modestly Higher 737 MAX Shipset Deliveries In 2021 To Benefit Cash Flow - Conf Call

Nov 3 (Reuters) - Spirit AeroSystems Holdings Inc <SPR.N>::SPIRIT AEROSYSTEMS CEO SAYS CONTINUES TO EXPECT POSITIVE FREE CASH FLOW IN 2022 - CONF CALL.SPIRIT AEROSYSTEMS CEO SAYS BOEING HAS INDICATED THAT THEY WILL BE AT A RATE OF 31 737 MAX AIRCRAFT PER MONTH BY EARLY 2022.SPIRIT AEROSYSTEMS CEO SAYS PLAN TO REDUCE CURRENT BUFFER INVENTORY OF 128 737 SHIP SETS THROUGH 2021, AND CO WILL LAG BOEING'S PRODUCTION RATES BY ABOUT 5 UNITS PER MONTH.SPIRIT AEROSYSTEMS CEO SAYS CO'S 2021 FREE CASH FLOW, WILL BE NEGATIVE, BUT SIGNIFICANTLY IMPROVED FROM 2020'S CASH USAGE.SPIRIT AEROSYSTEMS CEO SAYS EXPECTS BOEING COMMERCIAL REVENUE TO ACCOUNT FOR 45% OF CO’S TOTAL REVENUE IN 2021, WITH AIRBUS AT 24%, DEFENSE AT 15%, BUSINESS AND REGIONAL JETS AT 8% AND AFTERMARKET AT 8%.SPIRIT AEROSYSTEMS CFO SAYS EXPECT 2020 FREE CASH OUTFLOW BETWEEN $800 MILLION TO $900 MILLION.SPIRIT AEROSYSTEMS CEO SAYS IMPLEMENTED ABOUT $1 BILLION OF ANNUALIZED COST REDUCTION ACTIONS.SPIRIT AEROSYSTEMS CFO SAYS EXPECTS TO BE PRODUCING PARTS FOR THE AIRBUS A350 JETS AT A RATE OF FOUR AND A HALF UNITS PER MONTH BETWEEN NOW AND THE END OF 2020 AND MAINLY THROUGH 2021.SPIRIT AEROSYSTEMS CEO SAYS BOMBARDIER ASSETS MORE THAN DOUBLE SPIRIT'S AFTERMARKET REVENUES.SPIRIT AEROSYSTEMS CEO SAYS RIGHT NOW, CO IN THE PROCESS OF RAMPING UP TO 10 737 MAX AIRCRAFT PER MONTH FOR JANUARY 2021.SPIRIT AEROSYSTEMS CEO SAYS EXPECT TO BURN DOWN THE 128 737 MAX UNITS IN BUFFER NOW, TO 20 TO 25 UNITS BY MID-2022.

Bombardier And Spirit AeroSystems Amend Terms Of Purchase Agreement

Oct 26 (Reuters) - Spirit AeroSystems Holdings Inc <SPR.N>::BOMBARDIER AND SPIRIT AEROSYSTEMS AMEND TERMS OF PURCHASE AGREEMENT, REDUCE NET PROCEEDS PURCHASE PRICE TO $275 MILLION AND EXPECT TO CLOSE ON OCT. 30, 2020.SPIRIT AEROSYSTEMS HOLDINGS INC - AMENDMENT REDUCES NET PROCEEDS PURCHASE PRICE PAYABLE TO BOMBARDIER SELLERS FROM $500 MILLION TO $275 MILLION.SPIRIT AEROSYSTEMS HOLDINGS INC - AMENDMENT REDUCES TOTAL ENTERPRISE VALUATION TO $865 MILLION..SPIRIT AEROSYSTEMS - ON U.S. GAAP BASIS, NET PENSION LIABILITIES OF SHORTS PENSION SCHEME TO BE ASSUMED BY SPIRIT ARE ABOUT $300 MILLION.SPIRIT AEROSYSTEMS HOLDINGS INC - PARTIES EXPECT TO CLOSE ACQUISITION ON OCT. 30, 2020.

Bombardier Signs Three-Year Services Contract Extension For Arriva Crosscountry In The UK

Oct 19 (Reuters) - Bombardier Inc <BBDb.TO>::BOMBARDIER SIGNS THREE-YEAR SERVICES CONTRACT EXTENSION FOR ARRIVA CROSSCOUNTRY IN THE UK.BOMBARDIER - TO MAINTAIN VOYAGER AND SUPER VOYAGER FLEET FOR ARRIVA CROSSCOUNTRY MAINLINE SERVICES UNTIL 2023.BOMBARDIER - THREE-YEAR CONTRACT EXTENSION IS VALUED AT £248 MILLION.BOMBARDIER - BOMBARDIER TRANSPORTATION SIGNED THREE-YEAR EXTENSION TO ITS TRAIN SERVICES AGREEMENT WITH ARRIVA CROSSCOUNTRY, IN UNITED KINGDOM.

Bombardier Says Has Eliminated Bombardier Aviation President Role And Announced That David Coleal Will Depart Company

Oct 1 (Reuters) - Bombardier Inc <BBDb.TO>::BOMBARDIER - HAS ELIMINATED BOMBARDIER AVIATION PRESIDENT ROLE AND ANNOUNCED THAT DAVID COLEAL WILL DEPART COMPANY.BOMBARDIER - BEGUN PROCESS OF STREAMLINING ITS SENIOR LEADERSHIP TEAM AS IT TRANSITIONS TO A PURE-PLAY BUSINESS JET COMPANY.

Siemens Mobility Not Interested In Alstom, Bombardier Assets - CEO

Oct 1 (Reuters) - Siemens Mobility CEO::WE'RE NOT INTERESTED IN ALSTOM, BOMBARDIER ASSETS THAT ARE FOR SALE.WE'RE NOT PREPARING IPO.WE'RE FEELING COMFORTABLE IN SIEMENS GROUP.

Knorr-Bremse, Bombardier Extend Service Agreement For Locomotives

Sept 30 (Reuters) - Knorr-Bremse <KBX.DE>::KNORR-BREMSE AND BOMBARDIER EXTEND SERVICE AGREEMENT FOR SEVERAL HUNDRED LOCOMOTIVES THROUGHOUT EUROPE.CONTRACT HAS A POTENTIAL SALES VOLUME IN THE LOW TENS OF MILLIONS (EUR).CONTRACT EXTENDED BY 5 YEARS.

Spirit AeroSystems Plans To Discuss Proposed Term Loan B Credit Facility With Prospective Lenders

Sept 22 (Reuters) - Spirit AeroSystems Holdings Inc <SPR.N>::SPIRIT AEROSYSTEMS HOLDINGS - ON SEPT 22 PLANS TO MEET WITH PROSPECTIVE LENDERS TO DISCUSS PARTICIPATION IN A PROPOSED TERM LOAN B CREDIT FACILITY.SPIRIT AEROSYSTEMS HOLDINGS INC - AS OF SEPTEMBER 22, CONDITIONS TO ASCO ACQUISITION HAVE NOT BEEN SATISFIED.SPIRIT AEROSYSTEMS HOLDINGS INC - DOES NOT EXPECT TO EXTEND ASCO END DATE.SPIRIT AEROSYSTEMS HOLDINGS INC - MANAGEMENT BELIEVES IT IS UNLIKELY THAT EUROPEAN COMMISSION'S APPROVAL WILL BE SATISFIED BY ASCO END DATE.SPIRIT AEROSYSTEMS - IF CONSUMMATED, PROPOSED TERM LOAN B CREDIT FACILITY WOULD BE A COMPONENT OF FINANCING TRANSACTIONS OF ABOUT $800 MILLION.SPIRIT AEROSYSTEMS HOLDINGS INC - BOMBARDIER ACQUISITION IS SUBJECT TO CERTAIN CLOSING CONDITIONS, SOME OF WHICH REMAIN OUTSTANDING AS OF SEPT. 22.SPIRIT AEROSYSTEMS HOLDINGS INC - TO DATE, CO HAS REDUCED ABOUT 6,000 EMPLOYEES GLOBALLY SINCE JANUARY 2020.SPIRIT AEROSYSTEMS HOLDINGS INC - EXPECTS ITS BACKLOG TO DECLINE THROUGHOUT 2020 DUE TO CANCELLATIONS RELATED TO THE COVID-19 PANDEMIC.SPIRIT AEROSYSTEMS - IF 737 MAX REMAINS GROUNDED FOR EXTENDED PERIOD, MORE REDUCTIONS TO BACKLOG AND/OR SIGNIFICANT ORDER CANCELLATIONS EXPECTED.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up