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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Post by agilenton Mar 02, 2011 9:33pm
356 Views
Post# 18222879

This is just the beginning. Wow.

This is just the beginning. Wow.
from Ian Nakamoto, director of research at MacDougall, MacDougall & MacTier:














The industrials group was up almost 0.8 percent after Bombardier reached a deal for as many as 120 businessaircraft with Warren Buffett's NetJets Inc. The deal could earn Bombardier more than $6.7 billion, pushing its stock up 7percent to C$6.60.









"His name associated with any company tends to get a lift.But when he puts his money putting in an order, it helps evenmore," said Ian Nakamoto, director of research at MacDougall,MacDougall & MacTier.
 "It's the right time of the cycle to own stocks like that,meaning the jet market is coming back. We were in a financialcrisis two years ago and obviously we've come back prettystrongly."


                    

cheers to all
Bullboard Posts