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Bombardie’s share price soared to its highest level in more than two years as investors responded to news that Airbus SE agreed to take control of the company’s struggling CSeries jet family.
Airbus and Boeing typically slug it out at air shows and on factory floors, but the rivalry took a different turn with the European group’s deal to take a majority stake in Bombardier’s CSeries jet project....
MONTREAL/TOULOUSE, France (Reuters) - Boeing Co said on Tuesday that Bombardier Inc's CSeries jets could still be hit with high U.S. import duties, even if they are assembled in Alabama through an industry-changing deal with Airbus. The deal announced on Monday gives Airbus a majority stake in Bombardier's troubled CSeries jetliner program, securing the plane's future and giving the Canadian firm a possible way out of a damaging trade dispute with Boeing, in which the U.S. Commerce Department has threatened to impose a 300 percent import duties.
Canada's main stock index inched higher on Tuesday, helped by a jump in Bombardier Inc shares and higher financial stocks. Bombardier Inc ended up 15.7 percent at C$2.73 after soaring as much as 26.4 percent ...
Few high-yielding stocks offer the same mix of growth and income as Canadian telecom company Shaw Communications ...
The implied volatility of XOM stock has fallen from 14.5% on July 3, 2017, to 12.7%. During the same period, ExxonMobil stock has risen 0.4%.
Bombardier is giving up a majority stake in its flagship CSeries aircraft program to Airbus -- and it's not even getting paid for its trouble.
AirBus SE is expected to take a majority stake in the CSeries project owned by Bombardier, Inc. (TSX:BBD.B). Could this development cause shares to take off?
Airbus SE's (Paris:AIR.PA - News) deal for a majority stake in Bombardier Inc's (BBDb.TO) CSeries jet program is expected to jumpstart sales of the Canadian aircraft in Asia, analysts said. The Airbus-Bombardier deal will give the European planemaker a 50.01 percent interest in the CSeries program, while the jet will get a better sales network. In Asia, Korean Air Lines Co (KSE:003490.KS - News) is so far the only customer of the narrowbody jets and is slated to soon take delivery of the first of 10 CS300 aircraft.
Airbus announced plans to partner with Bombardier in what could be the biggest shake-up of the commercial jetliner business in 30 years, challenging a crippling tariff ruling pushed by Boeing and the U.S. ...