|Bid||0.6500 x 0|
|Ask||0.6600 x 0|
|Day's Range||0.6100 - 0.6800|
|52 Week Range||0.2600 - 1.8200|
|Beta (5Y Monthly)||3.11|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec. 10, 2014|
|1y Target Est||0.40|
Preowned business jet prices are seen stabilizing in 2021, boosted by a December blitz of orders, after COVID-19 depressed demand and pricing last year, analysts and executives said. New entrants to the business jet market and U.S. buyers rushing to take advantage of favorable tax rules they feared could change under the new Biden administration fueled a December rush. "It was the busiest month I have ever seen in my 20 years of practice," said Amanda Applegate, a partner at Aerlex Law Group.
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,779.41, down 126.61 points.) BlackBerry Ltd. (TSX:BB). Technology. Up 86 cents, or 3.75 per cent, to $23.78 on 22 million shares. Suncor Energy Inc. (TSX:SU). Energy. Down 52 cents, or 2.33 per cent, to $21.81 on 10.1 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down three cents, or 4.17 per cent, to 69 cents on 9.8 million shares. Enbridge Inc. (TSX:ENB). Energy. Up 12 cents, or 0.27 per cent, to $44.26 on 8.2 million shares. Supreme Cannabis Company Inc. (TSX:FIRE). Health care. Down 2.5 cents, or 11.9 per cent, to 18.5 cents on 8.2 million shares. Score Media and Gaming Inc. (TSX:SCR). Telecommunications. Down 30 cents, or 9.62 per cent, to $2.82 on 8.1 million shares. Companies in the news: Canadian National Railway (TSX:CNR). Down $1.32 to $136.27. CN says it will reinstate its guidance for 2021 and increase the company's dividend by seven per cent after seeing improved demand for freight in the last three months of 2020. The Montreal-based railway says after markets closed that its net income surged 17 per cent in the fourth quarter to $1.02 billion or $1.43 per share. That was up from $873 million or $1.22 per share in the prior year. Adjusted profits for the three months ended Dec. 31 were up 14 per cent to $1.02 billion or $1.43 per share, from $896 million or $1.25 per share in last year's quarter. Revenue increased two per cent, or $72 million, to $3.66 billion. Nutrien Ltd. (TSX:NTR). Down 58 cents to $66.90. Canadian fertilizer giant Nutrien Ltd. says it will expand its use of a proximity alarm and contact tracing technology to help protect 14,500 of its employees from the COVID-19 pandemic. The Saskatoon-based company says it has rolled out its Proximity Trace equipment, made by U.S.-based Triax Technologies, to more than 8,000 employees to date and expects to introduce it to 6,500 more in coming months, representing 65 per cent of its global employee base. Proximity Trace tags are attached to workers’ clothing or hard hats and produce an audio and visual alert to those who come within two metres of one another. Nutrien says the sensors also automatically log data to allow contact tracing if a positive case is found, helping limit further spread and reassuring those not at risk. Metro Inc. (TSX:MRU). Down 74 cents, or 1.3 per cent, to $56.20. Against headwinds from a labour conflict and a mild cold and flu season, grocery and pharmacy retailer Metro Inc. posted higher first-quarter sales and profit on Tuesday compared with a year ago. Although pandemic restrictions limited in-store foot traffic at the company's supermarkets, same-store food sales climbed 10 per cent as shoppers bought more groceries with each visit or online order, the company said. But pharmacy same-store sales edged up only slightly, dragged down by a 3.8 per cent drop in front-store sales as COVID-19 measures reduced in-store traffic as well as demand for cough and cold products. The quarter was also impacted by a labour conflict at a Jean Coutu distribution centre in Quebec, which the company said had a dampening effect on overall sales. Enerplus Corp. (TSX:ERF). Down 13 cents, or three per cent, to $4.15. Enerplus Corp. is increasing its bets on the Bakken light oil region in North Dakota with the purchase of a private rival for US$465 million, despite a legal fight that could shut down a major oil pipeline there. The Calgary-based company said Tuesday it has agreed to buy Bruin E&P HoldCo, LLC, which has current production of about 24,000 barrels of oil equivalent per day. The company did not immediately respond to a request for comment about a federal appeal court decision Tuesday to uphold the ruling of a district judge who last year ordered a full environmental impact review of the Dakota Access oil pipeline. Following a complaint by the Standing Rock Sioux Tribe, the district judge ruled last spring that the review conducted by the U.S. Army Corps of Engineers on the 1,886-kilometre pipeline that straddles the North Dakota-South Dakota border was incomplete. This report by The Canadian Press was first published Jan. 26, 2021. The Canadian Press
Bombardier’s Bruges site Aerial view of Bombardier Transportation’s site in Bruges, Belgium. Entering Bombardier’s Bruges site The main entrance at Bombardier Transportation’s Bruges site. The increase in production capacity as well as the modernization of the Bombardier site in Bruges, will be funded by an investment of more than six million euroThis investment plan supports the hiring of at least 180 additional employeesDirect investments in our suppliers, to support the production increase, are also part of the funding BERLIN, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Note to editors: To view the photos associated with this press release, please visit the following links: https://www.globenewswire.com/NewsRoom/AttachmentNg/13188f50-db91-4fe6-9a40-b4df727e63de https://www.globenewswire.com/NewsRoom/AttachmentNg/9721e170-5444-42ab-a063-289506dbf207 Global mobility leader Bombardier Transportation has announced today the launch of a major investment and hiring plan aimed at increasing the production capacity of its factory in Bruges, Belgium. The modernization of Bombardier’s site in Bruges and its increase in production capacity, will be funded by an investment of more than six million euro. As a result, the company will hire at least 180 more employees to support the site’s increase in production. “This plan is for us, as much an industrial necessity as a belief about the future,” declared Laurent Bouyer, President of Bombardier Transportation, France and Benelux. He continued, “Despite the context of the coronavirus crisis, Bombardier is committed to moving forward with an ambitious plan for the transformation and sustainability of the Bruges site. This demonstrates the vitality of our industrial site and an unprecedented opportunity to modernize our production facilities, thanks to digital processes, cyber-tools and eco-friendly solutions.” “Our order book is full,” said Michel Huyghe, who was appointed Site Director and Head of Operations for the Bruges site on January 1, 2021. “At the end of December, we received a new order for 204 M7 coaches for SNCB, which represents around 18 months of work for our factory in Bruges. Therefore, it is important for us to invest massively in our production capacities and to develop our activities, for the benefit of the entire rail industry and the region,” he concluded. From an industrial point of view, this investment plan will allow Bombardier to increase its production capacities by summer 2021: By creating a new production line for 1-level coaches and for SNCB M7 carsBy acquiring new, more modern and more efficient toolsBy creating new workstations such as a painting presentation station and a specific workstation for customer acceptance The plan will also modernize maintenance workshops, especially those for TRAXX locomotives, for which the Bruges site is a European Centre of Excellence within Bombardier. Hiring new employees Regarding skills and knowledge, this plan includes the hiring of at least 180 additional employees to meet the increased production needs in terms of volume and skills. To date, 100 employees have been offered a permanent contract, while 80 others are being hired with a two-year fixed-term contract, with the possibility of converting this into a long-term contract. With its highly specialized employee-base, Bombardier’s Bruges site is well positioned with the necessary know-how and expertise to face increasing customer demand. Supporting suppliers This modernization plan will also support Bombardier's suppliers. Direct investments in suppliers will enable them to be equipped with the tools required for this increase in production. Bombardier generates an income of around 70 million euro each year for its Belgian suppliers, 80 per cent of which are located in Flanders. Bombardier's industrial site in Bruges is the only site in Belgium that still has the capacity and equipment to build and test trains from A to Z. The Bruges site covers 173,000 m², offering possibilities for further expansion and development. Bombardier is one of the most important employers in the city of Bruges and an estimated 1,000 indirect jobs are generated by Bombardier industrial activities in Belgium. About Bombardier TransportationBombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 36,000 people and its products and services operate in over 60 countries.About BombardierWith over 52,000 employees across two business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety. Headquartered in Montréal, Canada, Bombardier has production and engineering sites in over 25 countries across the segments of Aviation and Transportation. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2019, Bombardier posted revenues of $15.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.Notes to editorsFor news, related material and photos, visit our newsroom at www.rail.bombardier.com/en/newsroom.html. Please subscribe to our RSS Feed to receive press releases or follow Bombardier Transportation on Twitter @BombardierRail. Bombardier and TRAXX are trademarks of Bombardier Inc. or its subsidiaries. For Information Philippe MolitorGlobal media relationsMedia Relations, Beneluxpress@rail.bombardier.comBombardier Transportation +33 7 76 00 97 79 firstname.lastname@example.org You can also contact one of our worldwide contacts for specific press inquiries.