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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:12 EDTBDRBF, ALKBombardier announces Alaska Air Q400 NextGen aircraft order
Bombardier Aerospace (BDRBF) announced that Seattle-based Horizon Air Industries, an Alaska Air (ALK) company, has signed a firm purchase agreement for one Bombardier Q400 NextGen turboprop airliner. The airline retains its options on another seven Q400 NextGen aircraft as announced previously. Additionally, Bombardier and Horizon Air confirmed they have signed a five-year heavy maintenance agreement whereby Bombardier will perform heavy maintenance tasks for the airline's fleet of 52 Q400 aircraft at Bombardier's service centre in Tucson, Arizona. Based on the list price of the Q400 NextGen aircraft, the aircraft agreement is valued at approximately $32.6M.
News For BDRBF;ALK From The Last 14 Days
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February 27, 2015
09:58 EDTALKOn The Fly: Analyst Upgrade Summary
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08:19 EDTALKAlaska Air upgraded to Strong Buy from Market Perform at Raymond James
Raymond James upgraded Alaska Air to Strong Buy with a $80 price target due to attractive valuation, strong domestic market exposure, easing from the Delta overhang, and revenue initiatives.
06:40 EDTALKAlaska Air upgraded to Strong Buy from Outperform at Raymond James
February 19, 2015
15:46 EDTBDRBFBombardier to issue C$750M of receipts exchangeable for Class B shares
Bombardier announced that it has entered into an agreement with a syndicate of underwriters, led by National Bank Financial, UBS, CIBC and Citigroup under which they have agreed to purchase on a bought deal basis from Bombardier and sell to the public in Canada 339,367,000 subscription receipts exchangeable for Class B shares of Bombardier. The purchase price of C$2.21 per Subscription Receipt will result in gross proceeds of approximately C$750M, or approximately C$863M if the underwriters' overallotment option is exercised in full.
15:30 EDTBDRBFBombardier trading halted, pending news
February 18, 2015
17:55 EDTALKAlaska Air reinstated with an Underperform at BofA/Merrill
Target $68.
08:03 EDTALKAlaska Air purchasing six Boeing Extended Range aircraft
Alaska Airlines (ALK) is purchasing six more Boeing (BA) 737-900 Extended Range aircraft, valued at $594M. Boeing's current list price. The new planes, four scheduled for delivery in 2016 and two in 2017, bring Alaska's total of locally manufactured jets on order to 79.
February 17, 2015
08:12 EDTALKAlaska Air appoints Andrew Harrison as Chief Revenue Officer
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