Bombardier Inc. T.BBD.A

Nellie news...Moody upgrade...GLTAL

[ITSUP2ME]

10:42 AM EDT, 04/05/2023 (MT Newswires) -- Moody's on Tuesday upgraded Bombardier Inc.'s (BBD-B.TO) corporate family rating to B2 from B3, its probability of default rating to B2-PD from B3-PD, and senior unsecured notes rating to B2 from B3.

The company's SGL-2 speculative grade liquidity rating remains unchanged. The outlook remains stable.

"The upgrade reflects Bombardier's continued progress in reducing debt, its continued improvement in financial performance that includes increased earnings, improved margins and positive free cash flow" Jamie Koutsoukis, Moody's analyst, said.

The Canadian business jet manufacturer's stock dropped 3% on last look on Wednesday.

[Form001]

Excellent news.

[flamingogold]

Excellent news. Slowly, the milestones for higher and higher share prices are being met. Soon, the medium risk funds will need to start buying, which would be another big milestone.

[Mauserintime945]

I do not see why you say it is excellent. The revaluation is still described as junk or HIGHLY SPECULATIVE Corporate Bond Credit Ratings Scales: Moody’s, S&P, Fitch | Wolf Street

[lb1temporary]

Yes, it's excellent. Don't be afraid by the Moody's wording of its rating families. First, JUNK is not from Moody's it's  simplistic wording to divide companies in only two classes:  Investment grade for all the BBB and better graded companies and.... JUNK for all others companies from BB+ to C- Highly speculative comment  is for all the B1, B2 and

[flamingogold]

An upgrade is always a good thing, even the small steps. They are not going to do a multiple level credit upgrade in one go. Like stocks, the recovery takes longer than the decline.

[Shamhorish]

LOL, GOOD NEWS,  bbd,b loose 4%  the market scavengers keep blind eye till they steel as many shares as possible from new investors, stop losses THEN, THEY WILL RAISE BBD.B  price

[Shamhorish]

this upgrade happened on Tuesday 4 4 2023, was not announcd anywhere ofcourse market scavengers new about it, may be on monday! still was not published till today wednesday after the market closed so market scavengers pushed sh price down steeling share at a low price \ knowing they will pumb it back up after the news are out or a day or two later let us see how the market will react

[lb1temporary]

Sham!  You're out th limits. Cme back whit us.  We Know about this News at noon like any other investors.  There is no ´´ after the close ´´ here.  The market Didn't react today PERIOD. If i would like to buy on the news, I could have done it in the afternoon. All moves in the market are not the result of conspiracy.

[Shamhorish]

Lb1temp, thank you for correctiing...... .the strang thing is that i checked yahoo, google, routers, even bbd web site, the news about credit up grade was not published..  main thing now, it is out every where, how mr market see it or  keep a blind eye