Bombardier Board Ousts Chief Executive Paul Tellier
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Bombardier Inc., the world&#39;s top maker of train equipment, ousted Chief Executive Officer Paul Tellier after the company&#39;s market value dropped by two-thirds since he was hired two years
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HOFFMAN ESTATES, Ill. - Sears Canada fired its top executive Thursday over what it characterized as &quot;strategic differences&quot; and enlisted the chief financial officer of parent company Sears, Roebuck and Co.
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Jean-Paul Gut, the chief operating officer of EADS, quit on Monday, adding further turmoil to the companyâs top management one week before the Paris air show.
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Shares in train and plane-making giant Bombardier fall to a 10 year low following the departure of its chief executive.
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Bombardier Inc., the world&#39;s biggest maker of railway equipment, said third-quarter profit plunged 93 percent because of higher costs in the train business and fewer aircraft deliveries.
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Paul Tellier stepped down as president and chief executive of Bombardier Inc. yesterday, surprising investors and sending the train and plane maker's shares down as much as 26 percent to a 10-year low.
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Paul Tellier stepped down on Monday as president and chief executive of Bombardier Inc. (BBDsvb.TO: Quote, Profile, Research) (BBDb.
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Airbus parent EADS abandoned two key  executives on Sunday and brought in a steady pair of hands in  the shape of French railways boss Louis Gallois in a bid to end  a two-week crisis over delays to its A380 superjumbo.
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Bombardier, the troubled Canadian maker of aircraft and trains, saw its shares fall by around 20 per cent in Toronto, after it announced that Paul Tellier was stepping down early as president and chief executive officer.
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Sears, Roebuck and Co. fired the head of Sears Canada on Thursday over what it characterized as &quot;strategic differences&quot; and brought in the parent company&#39;s chief financial officer as chairman.
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Boeing announced a shake-up in its executive ranks yesterday, ousting its chief airplane salesman at a time when rival Airbus is beating it in airplane orders for the fourth consecutive year.
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MONTREAL -- Bombardier Inc. shares fell to a historic low yesterday, the day after a New York bond rating agency cut the company&#39;s debt rating to junk status, the latest bad news for the struggling transportation equipment giant.
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Canadian trains and planes manufacturer Bombardier Inc. fired its chief executive officer on Monday and its share price dropped to record lows.
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The bank, Canadaâs fourth largest, cited turmoil in the credit markets for the charge and said it was replacing its chief risk officer and interim chief financial officer.
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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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TORONTO (CP) - Sears Canada Inc. has dismissed Mark Cohen as chairman and chief executive officer, citing &quot;strategic differences&quot; between him and the board of directors.
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The parent of Airbus is abandoning its twin-chief executive structure, with Louis Gallois taking the companyâs reins, Tom Enders, co-chief of EADS, said.