Bombardier Inc. T.BBD.A

Clearing the runway...

[gas61di56]

https://www.bloomberg.com/news/articles/2022-03-29/bombardier-hires-cravath-seeks-to-dismiss-bond-default-lawsuit

[bago]

So a lawsuit was actually filed yesterday.  Explains the drop in yeserday's trading. Hopefully there is no merit to their claims.  This is not positive news.

[MyNameIsNobody]

This isn't news... but it is the complaint from bondholders beginning its move through the judicial process. If 'this news' explains the drop in yesterday's trading, what explains today's rise?  The lawsuit hasn't been rejected as far as I know. More likely that yesterday's drop was because of last weeks reverse split proposal, I hope you managed to make a few

[bago]

Do you even follow the markets? All marekts were up substiantially today  and yesterday they were basically flat. A lawsuit being filed is not news? How is a lawsuit ever a positive?

[MyNameIsNobody]

Bago - Read my post again, I said that today's rise was a positive thing.

[hurko22]

This post has been removed in accordance with Community Policy

[bicente]

Old news advancing to the next stage ... they will settle before court date ... the drop in price was due to reverse stock split possibility... it's actually predictable , but what wasn't predictable was the ruse today .. as the market digests the news it will realize that it will be a good idea , obviously good quarter results will be needed also to make it work ... GLTA

[gas61di56]

Looks like the money is starting to come in on all fronts right now. As Martel said the milestone as been achieved for the Global 7500 contribution for the fcf, now it's the service side that is growing everyday. This team looks focus and on track.