World Business Briefing: Canada: Bombardier Posts Loss on Write-Off
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Bombardier, the commercial aircraft maker, posted a quarterly loss after writing off its investment in the Metronet Rail subway unit in Britain.
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TORONTO (CP) - Air Canada&#39;s new holding company reported a third-quarter loss of $81 million as the airline completed its restructuring under creditor protection.
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Higher shipments of business jets  helped buoy quarterly profit at plane and train maker  Bombardier Inc. (BBDb.TO), but regional jet deliveries sagged  sharply, the company said on Wednesday.
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MONTREAL - Paul Tellier stepped down as as president and chief executive of Bombardier Inc., sending the train and plane maker&#39;s shares down as much as 26 percent to a 10-year low on Monday.
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Driving the companyâs loss, which amounts to $31.85 a share, was a $5.21 billion write-down on its portfolio of credit derivatives.
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MONTREAL - Bombardier Inc. will get a $209-million (US) reduction in the price it paid DaimlerChrysler AG in 2001 for the German company&#39;s rail equipment division.
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IAC/InterActiveCorp IACI.O, owner of  Internet travel site Expedia and the Home Shopping Network, on  Wednesday posted a quarterly loss as it took charges to write  down the value of two businesses.
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Bombardier Aerospace said on Thursday it will cut about 2,000 jobs at its Montreal-area and Belfast operations and the severance costs linked to the layoffs will affect current year results.
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MONTREAL (CP) - Paul Tellier was dismissed as president and chief executive of Bombardier Inc. on Monday in a bombshell announcement that drove down the company&#39;s stock to a record low.
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MONTREAL (CP) - Bombardier Transportation has been selected by the Chinese government to negotiate a rail equipment contract worth a reported &#36;4.5 billion Cdn.
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The following is a list of companies whose shares may make gains or losses in the Canadian market. This preview includes news that broke after markets closed Tuesday.
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Automaker Daimler AG, which sold off most of its stake in Chrysler this year, posted a loss of $2.18 billion for the third quarter on Thursday, largely because of write-offs related to the deal.
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Second-quarter profit fell by two-thirds at plane and train maker Bombardier Inc. (BBDb.TO: Quote, Profile, Research) as its regional aircraft business lagged a rebound
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Creo Inc., a Canadian maker of imaging software, said Wednesday that it swung to a loss in the fiscal fourth quarter as the cost of entering the digital plate business and the strength of the Canadian dollar offset higher revenue.
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Canadian train and plane manufacturer Bombardier Inc fired its chief executive officer on Monday and its share price dropped to record lows.
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Canada's Bombardier Transportation said Tuesday it had won an order for 100 high-capacity trains from French National Railways worth about &#36;477 million.
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Bombardier (TSX:BBD.A) (TSX:BBD.B) a annoncÃ© ce jour que le conseil d&#39;administration de la sociÃ©tÃ© a approuvÃ© la crÃ©ation d&#39;un nouveau Bureau du PrÃ©sident afin de confier la direction et les orientations stratÃ©giques de l&#39;entreprise au prÃ©sident