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Stock Market & Financial Investment News

News Breaks
June 17, 2014
07:05 EDTBDRBFBombardier reduces staff as Learjet testing postponed, Reuters says
Bombardier laid-off over 100 employees and cut 110 contract workers in the U.S. and Mexico after experiencing delays in the flight test program for its new Learjet 85 business jet, according to Reuters, citing comments from company spokeswoman Isabelle Gauthier. Reference Link
News For BDRBF From The Last 14 Days
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March 4, 2015
12:48 EDTBDRBFBombardier cancels investor day, Financial Post says
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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

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