BBD-B.TO - Bombardier Inc.

Toronto - Toronto Delayed Price. Currency in CAD
0.4350
0.0000 (0.00%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close0.4350
Open0.4350
Bid0.4300 x 0
Ask0.4350 x 0
Day's Range0.4250 - 0.4400
52 Week Range0.3800 - 2.3400
Volume4,472,557
Avg. Volume17,026,558
Market Cap1.116B
Beta (5Y Monthly)2.15
PE Ratio (TTM)N/A
EPS (TTM)-0.9500
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateDec. 10, 2014
1y Target Est0.41
  • CAUTION: Stay Away From These 2 Cash-Strapped TSX Stocks
    The Motley Fool

    CAUTION: Stay Away From These 2 Cash-Strapped TSX Stocks

    These two TSX stocks are battling for survival, and investors are better off staying away from them.The post CAUTION: Stay Away From These 2 Cash-Strapped TSX Stocks appeared first on The Motley Fool Canada.

  • GlobeNewswire

    Bombardier Announces New Service Center Appointment in Dallas

    MONTREAL, July 08, 2020 -- Bombardier Aviation announced today the recent appointment of Marc Rivest as General Manager of its award-winning Service Center in Dallas. A.

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (15,622.40, up 107.18 points.)Bombardier Inc. (TSX:BBD.B). Industrials. Up 1.5 cents, or 3.57 per cent, to 43.5 cents on 7.9 million shares.Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 51 cents, or 2.17 per cent, to $24.06 on 6.7 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Down six cents, or 0.32 per cent, to $18.41 on 6 million shares.Baytex Energy Corp. (TSX:BTE). Energy. Unchanged at 69 cents on 5.9 million shares.Kinross Gold Corp. (TSX:K). Materials. Down five cents, or 0.51 per cent, to $9.75 on 5.6 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 15 cents, or 0.66 per cent, to $22.74 on 5.3 million shares.Companies in the news:The Bank of Nova Scotia. (TSX:BNS). Up 28 cents to $56.46. Sagicor Financial Co. Ltd. says it will not go ahead with its acquisition of ScotiaLife Trinidad and Tobago Ltd. The company made the decision after it and Scotiabank Trinidad and Tobago Ltd. agreed not to proceed with a 20-year distribution agreement for insurance products in Trinidad and Tobago. Sagicor provides financial services in the Caribbean as well as life insurance in the United States. The announcement follows a decision last year by Sagicor to call off its deal to buy Scotia Jamaica Life Insurance Co. Ltd. following a similar decision regarding a distribution agreement. Financial terms of the sale were not disclosed at the time, but Scotiabank said that the transactions were not financially material.This report by The Canadian Press was first published July 2, 2020.The Canadian Press

  • 2 Stocks To Avoid Like the Plague During This Pandemic
    The Motley Fool

    2 Stocks To Avoid Like the Plague During This Pandemic

    Looking for stocks to avoid like the plague? My top two picks are Cineplex (TSX:CGX) and Bombardier (TSX:BBD.B).The post 2 Stocks To Avoid Like the Plague During This Pandemic appeared first on The Motley Fool Canada.

  • GlobeNewswire

    Bombardier Global 7500 Jet Receives Business Aviation’s First-ever Environmental Product Declaration

    Bombardier Aviation and the International EPD® System, an environmental declaration program based in Sweden, announced today a first in business aviation with the publication of the Environmental Product Declaration (EPD) for Bombardier’s Global 7500 jet. The Global 7500 aircraft EPD is third-party verified to the highest international ISO standards1.

  • GlobeNewswire

    Bombardier Celebrates Entry-into-service of Spacious, Long-range Global 5500 Business Jet

    long-range Global 5500 business jet, which was recently delivered to an undisclosed customer. This high-value aircraft represents the gateway into Bombardier’s flagship large-cabin Global family, offering world-renowned performance, comfort and the smoothest ride. Last year, Bombardier announced that the Global 5500 aircraft can fly 200 nautical miles more than planned, and its new range of 5,900 nautical miles is 700 nautical miles more than the nearest competitor at the same speed.

  • GlobeNewswire

    Bombardier will supply 27 additional OMNEO Premium trains to SNCF for France’s Normandy Region

    Following the first OMNEO deliveries and the restart of industrial activities at Crespin, the Normandy Region orders more trainsets to renew its passenger fleet Certified ‘Made.

  • Bombardier (TSX:BBD.B) Disappoints Shareholders
    The Motley Fool

    Bombardier (TSX:BBD.B) Disappoints Shareholders

    Bombardier (TSX:BBD.B) is on the brink of bankruptcy, and still, it is paying $17.5 million in severance pay to its ousted CEO. Its actions have disappointed the shareholders.The post Bombardier (TSX:BBD.B) Disappoints Shareholders appeared first on The Motley Fool Canada.

  • Fitch Warning: Airlines Could Default in the Long Term
    The Motley Fool

    Fitch Warning: Airlines Could Default in the Long Term

    Fitch Ratings has downgraded Air Canada’s (TSX:AC) and Bombardier’s (TSX:BBD.B) long-term debt. The rating agency believes that rising debt and negative cash flows will reduce their ability to manage debt.The post Fitch Warning: Airlines Could Default in the Long Term appeared first on The Motley Fool Canada.

  • Reuters

    MORNING BID-Decoupling

    European shares have risen 2.6% and have opened 0.5% higher this morning. There's certainly more noise from President Donald Trump, who is lagging prospective opponent Joe Biden in opinion polls with elections five months away. Two recent Supreme court rulings have overturned his causes, and social media firms, which are seen as contributing to Trump's 2016 election win, aren't playing along this time -- most recently, Facebook took down some of his campaign ads, citing "organised hate".

  • Bombardier chairman defends $17.5-million severance package for former CEO
    The Canadian Press

    Bombardier chairman defends $17.5-million severance package for former CEO

    MONTREAL — The chairman of Bombardier Inc. is defending the multimillion-dollar compensation plan handed to former CEO Alain Bellemare.Pierre Beaudoin, grandson of the Quebec giant's founder, told shareholders at the company's annual meeting Thursday that the board "respected the company's contractual obligations" to the former chief executive."They were not atypical in regard to what other corporations are paying senior management," he said.The package Bellemare received when he stepped down in April could reach $17.5 million, including $10 million in severance and nearly $2.7 million in share awards. He will rake in an additional $4.9 million if the sale of Bombardier's rail unit to France's Alstom SA goes through following regulatory scrutiny.Bellemare's five-year tenure saw the plane-and-train maker struggle to manage a debt that now stands at more than US$9 billion as the company sold off division after division, leaving it a pure-play producer of private jets — a high-end luxury product in a recession.Quebec pension fund manager Caisse de depot et placement has criticized the compensation arrangement, calling it "excessive."At the virtual meeting Thursday, new CEO Eric Martel told investors that developments under his predecessor's watch were "unacceptable."“Repeated program delays and technical challenges have tarnished our reputation for operational excellence," Martel said. "We understand your disappointment, but I am convinced that we will rebuild this Quebec flagship."Martel ruled out the possibility of more layoffs and the need for government financial support for the time being."We are discussing with the (federal and Quebec) governments, but we are not at a point where we need any of that support," Martel said, expressing a preference for private financing or none at all."Clearly, in the end, we remain open to having those discussions if things change or the market fluctuates," said the former head of Hydro-Quebec.Two weeks ago, Bombardier announced 2,500 layoffs — 1,500 in Quebec — or about 11 per cent of its aviation division in anticipation of a 30-per-cent decline in deliveries over the next 12 months.Nonetheless, there have been fewer than a dozen order cancellations, Martel said, far less than during the 2008-09 financial crisis.On Thursday, the board of directors proposed a non-binding resolution on executive compensation which was opposed by a group of institutional investors. The resolution was adopted following a vote, though the precise tally was not released immediately.The Beaudoin-Bombardier family controls 50.9 per cent of voting rights while holding a small fraction of the nearly 2.4 billion outstanding shares.Major North American pension funds including the Caisse said they would vote against the compensation plan.The Caisse — Bombardier's second-biggest investor at 2.24 per cent — highlighted issues with severance pay and the non-recurring bonuses that will be granted to other executives if the Alstom sale is completed."These elements of compensation are considered excessive," it said.Other institutional investors that opposed the proposal included the Quebec Labour Federation Solidarity Fund — the investment arm of the province's largest labour group — the Canada Pension Plan Investment Board, California Public Service Pension Plan, California State Teachers' Retirement System and Florida's State Board of Administration.Several of the pension funds also opted not to support re-election of board members August Henningsen, Vikram Pandit and Douglas Oberhelman, because they sit on the board human resources and compensation committee.The Caisse supported a proposal by Montreal-based investor rights group MEDAC to disclose voting results by class of shares.The proposal was voted down. Whether that was due to Class A shareholders remains unknown.Glass, Lewis & Co., a leading shareholder advisory agency, strongly criticized the compensation amount given to Bellemare, recommending late last month that shareholders oppose a compensation policy that marks a "considerable jump from previous arrangements.""When considered alongside the significant, expanded actual severance benefits for Mr. Bellemare despite the company’s performance during his tenure, we believe that the company’s pay practices warrant serious concern and a vote against this proposal," Glass Lewis said.Institutional Shareholder Services Inc., the other large proxy advisory agency, gave the policy a thumbs-up in a separate report. Bombardier spokesman Olivier Marcil said the company is respecting the opinion "expressed by certain investors," stating that the compensation policy has been supported by 97 per cent of shareholders on average over the three last years.Nonetheless, governance expert Michel Nadeau said the resistance of institutional investors constitutes a "very strong message" to the board of directors."It means that the majority of the shareholders are not satisfied," he said. "They say, 'You haven't done your job, we're not happy.'"This report by The Canadian Press was first published June 18, 2020.Companies in this story: (TSX:BBD.B)The Canadian Press

  • GlobeNewswire

    Bombardier Announces the Election of its Board of Directors

    MONTREAL, June 18, 2020 -- Bombardier announced today that all candidates in the Management Proxy Circular dated May 6, 2020 were elected as directors of Bombardier Inc. during.

  • Bombardier Inc. (TSX:BBD.B): Sorry Folks, It’s Going to Go Bankrupt
    The Motley Fool

    Bombardier Inc. (TSX:BBD.B): Sorry Folks, It’s Going to Go Bankrupt

    With a bloated balance sheet and many other issues, it's inevitable. Bombardier (TSX:BBD.B) will end up being a very poor investment choice. The post Bombardier Inc. (TSX:BBD.B): Sorry Folks, It's Going to Go Bankrupt appeared first on The Motley Fool Canada.

  • Can the Bombardier-Alstom Deal Survive the Pandemic?
    The Motley Fool

    Can the Bombardier-Alstom Deal Survive the Pandemic?

    Bombardier (TSX:BBD.B) is banking on its sale of rail business to Alstom to stabilize its finances. But the COVID-19 pandemic has put the deal in jeopardy.The post Can the Bombardier-Alstom Deal Survive the Pandemic? appeared first on The Motley Fool Canada.

  • Canadian Blue Chips: Top Gainer and Loser TSX Stocks of 2020
    The Motley Fool

    Canadian Blue Chips: Top Gainer and Loser TSX Stocks of 2020

    TSX stocks: Shopify (TSX:SHOP)(NYSE:SHOP) keeps the throne among top gainers while Bombardier (TSX:BBD.B) tops the chart among losers. The post Canadian Blue Chips: Top Gainer and Loser TSX Stocks of 2020 appeared first on The Motley Fool Canada.

  • Can Bombardier (TSX:BBD.B) Avoid Bankruptcy?
    The Motley Fool

    Can Bombardier (TSX:BBD.B) Avoid Bankruptcy?

    Bombardier (TSX:BBD.B) stock is trading at its lowest level since it began trading on the Toronto Stock Exchange. High leverage, negative cash flows, and now falling revenue have put the company at risk of bankruptcy.The post Can Bombardier (TSX:BBD.B) Avoid Bankruptcy? appeared first on The Motley Fool Canada.

  • GlobeNewswire

    REMINDER – Bombardier Announces Virtual Annual Meeting of Shareholders

    Bombardier (BBD-B.TO) will host its 2020 Annual Meeting of Shareholders (“Meeting”) on June 18, 2020 at 10:30 EDT in a virtual format due to the ongoing public health concerns related to the COVID-19 pandemic. The Corporation previously announced in its 2020 Notice of Meeting that, subject to public health conditions and concerns, it would host a hybrid Meeting format, whereby registered shareholders and duly appointed proxyholders could attend and participate either in person or via a live webcast. Bombardier therefore welcomes all registered shareholders and duly appointed proxyholders who wish to participate to the online Meeting to do so by joining the live webcast available at https://web.lumiagm.com/122776078.

  • ATTENTION Bombardier (TSX:BBD.B) Investors: Brace for Impact!
    The Motley Fool

    ATTENTION Bombardier (TSX:BBD.B) Investors: Brace for Impact!

    Bombardier (TSX:BBD.B) stock is already down 73%. It could fall further as Standard & Poor’s removes the stock from the TSX Composite Index.The post ATTENTION Bombardier (TSX:BBD.B) Investors: Brace for Impact! appeared first on The Motley Fool Canada.

  • Is Debt All That’s Left of Bombardier (TSX:BBD.B)?
    The Motley Fool

    Is Debt All That’s Left of Bombardier (TSX:BBD.B)?

    Bombardier (TSX:BBD.B) was once a leading manufacturer of planes and trains, but product failures and tariffs left the company with multi-year losses and mounting debt.The post Is Debt All That’s Left of Bombardier (TSX:BBD.B)? appeared first on The Motley Fool Canada.

  • TSX Composite Index Removes Bombardier (TSX:BBD.B) – What Should You Do?
    The Motley Fool

    TSX Composite Index Removes Bombardier (TSX:BBD.B) – What Should You Do?

    On Monday, when the markets open, Bombardier (TSX:BBD.B) stock could see a steep drop as it removed from the TSX Composite Index and the S&P TSX 60 Index. The post TSX Composite Index Removes Bombardier (TSX:BBD.B) – What Should You Do? appeared first on The Motley Fool Canada.

  • 2 Dirt-Cheap Stocks Under $1: Are They Worth the Risk?
    The Motley Fool

    2 Dirt-Cheap Stocks Under $1: Are They Worth the Risk?

    Can Bombardier, Inc. (TSX:BBD.B) and this other stock produce strong returns for your portfolio?The post 2 Dirt-Cheap Stocks Under $1: Are They Worth the Risk? appeared first on The Motley Fool Canada.

  • CNW Group

    S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index and S&P/TSX 60 Index

    S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index and S&P/TSX 60 Index

  • Bombardier to cut up to 600 jobs in Northern Ireland
    Reuters

    Bombardier to cut up to 600 jobs in Northern Ireland

    Planemaker Bombardier Inc <BBDb.TO> is to cut up to 600 jobs in its Northern Ireland operations, it said on Thursday, as part of plans announced last week to cut 2,500 jobs or about 11% of the workforce in its global aviation unit. The cuts include 400 core workers and up to 200 workers from its "complementary labour force" of temporary and agency workers, a Bombardier spokeswoman said. The Canadian firm, which produces wings for Airbus's A220 jet in Belfast, is the largest high-tech manufacturer in Northern Ireland with a workforce of around 3,500.

  • GlobeNewswire

    CORRECTION – Bombardier Announces Virtual Annual Meeting of Shareholders

    Bombardier (BBD-B.TO) announced today that it will host its 2020 Annual Meeting of Shareholders (“Meeting”) on June 18, 2020 at 10:30 EDT in a virtual format due to the ongoing public health concerns related to the COVID-19 pandemic. The Corporation previously announced in its 2020 Notice of Meeting that, subject to public health conditions and concerns, it would host a hybrid Meeting format, whereby registered shareholders and duly appointed proxyholders could attend and participate either in person or via a live webcast. Bombardier therefore welcomes all registered shareholders and duly appointed proxyholders who wish to participate to the online Meeting to do so by joining the live webcast available at https://web.lumiagm.com/122776078.

  • GlobeNewswire

    Bombardier Announces Virtual Annual Meeting of Shareholders

    Bombardier (BBD-B.TO) announced today that it will host its 2020 Annual Meeting of Shareholders (“Meeting”) in a virtual format due to the ongoing public health concerns related to the COVID-19 pandemic. The Corporation previously announced in its 2020 Notice of Meeting that, subject to public health conditions and concerns, it would host a hybrid Meeting format, whereby registered shareholders and duly appointed proxyholders could attend and participate either in person or via a live webcast. Bombardier therefore welcomes all registered shareholders and duly appointed proxyholders who wish to participate to the online Meeting to do so by joining the live webcast available at https://web.lumiagm.com/122776078.