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Bombardier Inc. (BBD-B.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.8900-0.0200 (-2.20%)
As of 10:23AM EDT. Market open.
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Previous Close0.9100
Open0.9000
Bid0.8900 x 0
Ask0.9000 x 0
Day's Range0.8900 - 0.9000
52 Week Range0.2600 - 1.0500
Volume510,155
Avg. Volume9,597,039
Market Cap2.205B
Beta (5Y Monthly)3.10
PE Ratio (TTM)N/A
EPS (TTM)-0.4630
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateDec. 10, 2014
1y Target Est0.58
  • Bombardier’s Worldwide Network of Line Maintenance Stations Expands to its Tenth Location – Geneva, Switzerland
    GlobeNewswire

    Bombardier’s Worldwide Network of Line Maintenance Stations Expands to its Tenth Location – Geneva, Switzerland

    New Bombardier Line Maintenance Station in Geneva is the tenth to open worldwide and will provide enhanced service capabilities in EuropeFacility is the latest addition to the quickly expanding Bombardier customer service network, which is in the process of growing its footprint by 50%Located at a major hub, the station is set to satisfy maintenance demands of Bombardier’s growing fleet of Challenger and Global business jets MONTREAL, April 21, 2021 (GLOBE NEWSWIRE) -- Bombardier is pleased to announce the opening of a new Line Maintenance Station at Geneva Airport. This most recent addition further complements the tip-to-tail maintenance services provided by Bombardier’s rapidly growing Services and Support network in Europe and worldwide. Located at Geneva Airpark, Bombardier’s new Line Maintenance Station offers customers line maintenance services by highly-skilled technicians who are certified to maintain Challenger 300, Challenger 350, Challenger 604, Challenger 605, Challenger 650, Challenger 850 and all Global series business jets, including Bombardier’s flagship Global 7500 aircraft. “This addition is an integral part of our overall mission to enhance OEM support for our operators in Europe, and we are very pleased to offer our customers turn-key service solutions for aircraft and crew members,” said Jean-Christophe Gallagher, Executive Vice President, Services and Support, and Corporate Strategy, Bombardier. “In keeping with our commitment to offer an exceptional customer experience, we are delighted to provide our customers with expanded support in Europe.” The new Line Maintenance Station in Geneva offers customers access to 10,000 sq m (over 107,000 sq ft) of hangar space and is ideally situated adjacent to business aviation terminal C3 and its handling agents. Geneva Airpark personnel also offer premium services such as hangaring aircraft in clean, temperature-controlled conditions, tire pressure checks, oxygen tank refills, fuel tank drainage, and 24/7 cleaning of aircraft interiors. The new Line Maintenance Station builds on Bombardier’s series of announcements regarding enhancements to its worldwide customer service network. These announcements include the expansion of Bombardier’s service centre network in: Berlin, Miami, London-Biggin Hill, Singapore and the recently announced new service centre to be built in Melbourne, Australia. Additionally, new Line Maintenance Stations are open to customers at strategic locations in the U.S. and Europe, while new products and services are constantly being developed and released, including the Smart Link Plus connected aircraft program. As the seventh European Line Maintenance Station and tenth worldwide, the new facility in Geneva joins Bombardier’s award-winning network of nine service centres and a total of 30 Customer Response Team mobile units around the globe, all equipped to support Bombardier Learjet, Challenger and Global business aircraft. Since 2017, Bombardier began rapidly expanding its service centre footprint worldwide and is currently on the way to growing its Services and Support infrastructure footprint by 50%. About BombardierBombardier is a global leader in aviation, creating innovative and game-changing planes. Our products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety. Headquartered in Montréal, Canada, Bombardier is present in more than 12 countries including its production/engineering sites and its customer support network. The Corporation supports a worldwide fleet of approximately 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. News and information is available at bombardier.com or follow us on Twitter @Bombardier. Notes to EditorsVisit the Bombardier Business Aircraft website for more information on our industry-leading products and services. Follow @Bombardier on Twitter to receive the latest news and updates from Bombardier. To receive our press releases, please visit the RSS Feed section. Bombardier, Challenger, Challenger 300, Challenger 350, Challenger 604, Challenger 605, Challenger 650, Challenger 850, Global and Global 7500 are either unregistered or registered trademarks of Bombardier Inc. or its subsidiaries. For informationMatthew NichollsBombardier+ 1 514-243-8214matthew.nicholls@aero.bombardier.com

  • The Canadian Press

    Most actively traded companies on the Toronto Stock Exchange

    TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,204.42, down 146.90 points.) Enbridge Inc. (TSX:ENB). Energy. Up 19 cents, or 0.41 per cent, to $46.82 on 19.3 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 5.62 per cent, to 94 cents on 9.3 million shares. Royal Bank of Canada. (TSX:RY). Financials. Down 54 cents, or 0.46 per cent, to $117.95 on 8.5 million shares. Gear Energy Ltd. (TSX:GXE). Energy. Up half a cent, or one per cent, to 50 cents on 6.6 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 10 cents, or 0.37 per cent, to $27.07 on 5.7 million shares. ARC Resources Ltd. (TSX:ARX). Energy. Down 10 cents, or 1.26 per cent, to $7.83 on 5.4 million shares. Companies in the news: Rogers Communications Inc. (TSX:RCI.B). Up $1.10, or 1.8 per cent, to $61.68. A massive wireless outage that has left customers of Rogers Communications Inc. without phone or texting services since early Monday has broad economic ramifications across Canada, experts said. In addition to personal communications, experts said the outage is impacting business sales and services such as food delivery and curbside pickup, payments that require a wireless connection and the ability for people to work remotely. The service interruption could also have health implications, with some Rogers customers saying they've been unable to book or check-in for medical appointments. Rogers spokesman Andrew Garas said the national wireless carrier is working to fix the issue and apologized to customers. Residential and business wireline internet services — also referred to as wired or broadband internet — are not impacted, Garas said. According to Downdetector, a website that tracks outages, problems are being reported in most major Canadian cities but appeared to be concentrated in southern Ontario. Nutrien Ltd. (TSX:NTR). Down $2.45, or 3.5 per cent, to $67.60. Nutrien Ltd. says chief executive Chuck Magro is stepping down and will be succeeded by Mayo Schmidt, the company's chair. The fertilizer company says Magro is leaving to pursue new opportunities, effective immediately. Schmidt joined the Viterra board as a director in 2012 and has been chair since May 2019. He is a former chief executive of grain handling company Viterra Inc. and power utility Hydro One Ltd. Schmidt will be replaced as the chair of Nutrien's board of directors by former TC Energy chief executive Russ Girling. Nutrien says with Magro’s resignation from its board, the board has decided to reduce the number of directors to 11 from 12. This report by The Canadian Press was first published April 19, 2021. The Canadian Press

  • Bombardier Announces Expiration of its Cash Tender Offer for Certain Outstanding Senior Notes
    GlobeNewswire

    Bombardier Announces Expiration of its Cash Tender Offer for Certain Outstanding Senior Notes

    MONTRÉAL, April 19, 2021 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier” or the “Corporation”) announced today that its cash tender offer previously announced on March 22, 2021 (as amended by the Corporation’s press release dated April 5, 2021, the “Tender Offer”) to purchase for cash up to US$1,571,000,000 aggregate purchase price (exclusive of Accrued Interest) (the “Aggregate Maximum Purchase Amount”) of three series of its outstanding senior notes (collectively, “Notes”) due 2021, 2022 and 2023 as identified in the Offer to Purchase (as defined below), expired at the Expiration Date, 11:59 P.M., New York City time, on April 16, 2021. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Offer to Purchase dated March 22, 2021 (as amended by the Corporation’s press release dated April 5, 2021, the “Offer to Purchase”) with respect to the Tender Offer. On the Early Settlement Date, April 6, 2021, the Company accepted for purchase and purchased, US$955,552,000 aggregate principal amount of the 2021 Notes (93.91%), US$315,754,000 aggregate principal amount of the 2022 Notes (63.15%) and US$225,000,000 aggregate principal amount of 2023 Notes (18.00%). As a result, on the Early Settlement Date, the aggregate total purchase price payable under the Offer to Purchase for Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date and accepted for purchase reached the 2023 Tender Cap with respect to the 2023 Notes and was within US$786,032.24 of reaching the Aggregate Maximum Purchase Amount for all Notes. After the Early Tender Date, but at or prior to the Expiration Date for the Tender Offer, an additional US$913,000 aggregate principal amount of the 2021 Notes were validly tendered and not validly withdrawn, an additional US$3,043,000 aggregate principal amount of 2022 Notes were validly tendered and not validly withdrawn and an additional US$1,142,000 aggregate principal amount of 2023 Notes were validly tendered and not validly withdrawn. In accordance with the terms of the Tender Offer as set forth in the Offer to Purchase and as permitted by applicable law, all additional Notes that were validly tendered after the Early Tender Date, but at or prior to the Expiration Date, will be accepted for purchase by Bombardier, upon the terms and conditions contained in the Offer to Purchase, on the Final Settlement Date. All such Notes that are being accepted for purchase by the Corporation will be settled on the Final Settlement Date in accordance with the terms of the Tender Offer as set forth in the Offer to Purchase. Bombardier expects such Final Settlement Date to be April 20, 2021. “Bombardier has taken an important step in deleveraging its balance sheet,” said Bart Demosky, Executive Vice President and Chief Financial Officer. “With this tender now complete, and the repayment of our senior secured credit facility announced in February, Bombardier has deployed approximately $2.4 billion of available cash towards debt repayment, including proceeds from the sale of Bombardier Transportation. These actions will play a key role in reducing annual cash interest costs, and represent a critical step towards executing on the strategic plan outlined at our Investor Day this past March.” This announcement does not constitute an offer to buy or sell or the solicitation of an offer to sell or buy any securities. Certain statements in this announcement are forward-looking statements based on current expectations. By their nature, forward‑looking statements require us to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from those set forth in the forward-looking statements. For additional information regarding these risks and uncertainties, and the assumptions underlying the forward‑looking statements, please refer to the Offer to Purchase. For Information Francis Richer de La FlècheVice President, Financial Planning and Investor RelationsBombardier+514 855 5001 x13228Mark MasluchDirector, Communications and Public Affairs Bombardier +514 855 7167