Breaking News Instant updates and real-time market news.

BDRBF

Bombardier

$1.74

-0.0295 (-1.67%)

15:38
10/06/17
10/06
15:38
10/06/17
15:38

Bombardier: Commerce Department decision 'egregious overreach'

Bombardier (BDRBF) issued a statement on the Commerce Department's preliminary decision on antidumping duties: "We strongly disagree with the Commerce Department's preliminary decision. It represents an egregious overreach and misapplication of the U.S. trade laws in an apparent attempt to block the C Series aircraft from entering the U.S. market, irrespective of the negative impacts to the U.S. aerospace industry, U.S. jobs, U.S. airlines, and the U.S. flying public. The Commerce Department's approach throughout this investigation has completely ignored aerospace industry realities. Boeing's (BA) own program cost accounting practices - selling aircraft below production costs for years after launching a program - would fail under Commerce's approach. This hypocrisy is appalling, and it should be deeply troubling to any importer of large, complex, and highly engineered products. Commercial aircraft programs require billions in initial investment and years to provide a return on that investment. By limiting its antidumping investigation to a short 12-month period at the very beginning of the C Series program, Commerce has taken a path that inevitably would result in a deeply distorted finding. We remain confident that, at the end of the processes, the U.S. International Trade Commission will reach the right conclusion, which is that the C Series benefits the U.S. aerospace industry and Boeing suffered no injury. There is wide consensus within the industry on this matter, and a growing chorus of voices, including airlines, consumer groups, trade experts, and many others that have come forward to express grave concerns with Boeing's attempt to force U.S. airlines to buy less efficient planes with configurations they do not want and economics that do not deliver value. The U.S. government should reject Boeing's attempt to tilt the playing field unfairly in its favor and to impose an indirect tax on the flying public through unjustified import tariffs. Commerce's statement that Bombardier is not cooperating with the investigation is a disingenuous attempt to distract from the agency's misguided focus on hypothetical production costs and sales prices for aircraft that will be imported into the United States far in the future. As we have explained repeatedly to the Department, Bombardier cannot provide the production costs for the Delta aircraft for a very simple reason; they have not yet been produced. Commerce's attempt to create future costs and sales prices by looking at aircraft not imported into the United States is inappropriate and inconsistent with the agency's past practices. This departure from past precedent and disregard of well-known industry practices is an apparent attempt to deprive U.S. airlines from enjoying the benefits of the C Series, even though Boeing abandoned the segment of the market served by the C Series more than a decade ago. This action also puts thousands of high-technology U.S. jobs at risk given the C Series' significant U.S. content. More than half of each aircraft's content, including its engines and major systems, is sourced from U.S. suppliers. Going forward, the C Series program will generate more than $30B in business for U.S. suppliers and support more than 22,700 jobs in the United States."

BDRBF Bombardier
$1.74

-0.0295 (-1.67%)

12/16/16
SBSH
12/16/16
UPGRADE
SBSH
Buy
Bombardier upgraded to Buy from Neutral at Citi
Citi analyst Stephen Trent upgraded Bombardier to Buy with a C$2.40 price target saying the company's 2017 guidance points to stronger growth than the market had previously anticipated.
03/16/17
DESJ
03/16/17
UPGRADE
DESJ
Buy
Bombardier upgraded to Buy from Hold at Desjardins
Desjardins analyst Benoit Poirier upgraded Bombardier to Buy with a price target of C$2.75, citing expectations for a "gradual re-rating" as investors gain confidence.
04/07/17
GSCO
04/07/17
UPGRADE
GSCO
Buy
Bombardier upgraded to Buy from Neutral at Goldman
Goldman Sachs analyst Noah Poponak upgraded Bombardier to Buy with a C$3 price target.

TODAY'S FREE FLY STORIES

MXIM

Maxim Integrated

$50.09

0.24 (0.48%)

16:06
10/19/17
10/19
16:06
10/19/17
16:06
Earnings
Maxim Integrated sees Q2 adjusted EPS 61c-67c, consensus 57c »

Sees Q2 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

TACO

Del Taco

$15.39

-0.01 (-0.06%)

16:06
10/19/17
10/19
16:06
10/19/17
16:06
Earnings
Del Taco reports Q3 EPS 13c, consensus 13c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

  • 06

    Nov

SPY

SPDR S&P 500 ETF Trust

$255.64

-0.08 (-0.03%)

, SPX

S&P 500

16:06
10/19/17
10/19
16:06
10/19/17
16:06
Periodicals
Trump said to lean toward Powell to head Federal Reserve, Politico says »

After President Donald…

SPY

SPDR S&P 500 ETF Trust

$255.64

-0.08 (-0.03%)

SPX

S&P 500

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MXIM

Maxim Integrated

$50.09

0.24 (0.48%)

16:05
10/19/17
10/19
16:05
10/19/17
16:05
Hot Stocks
Breaking Hot Stocks news story on Maxim Integrated »

Maxim Integrated reports…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

HA

Hawaiian Holdings

$40.05

-0.1 (-0.25%)

16:05
10/19/17
10/19
16:05
10/19/17
16:05
Hot Stocks
Hawaiian Holdings sees FY17 ASMs up 3%-4% »

Sees FY17 operating…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

MXIM

Maxim Integrated

$50.12

0.26 (0.52%)

16:05
10/19/17
10/19
16:05
10/19/17
16:05
Earnings
Maxim Integrated reports Q1 adjusted EPS 60c, consensus 56c »

Reports Q1 revenue $576M,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

CAI

CAI International

$31.31

-0.12 (-0.38%)

16:05
10/19/17
10/19
16:05
10/19/17
16:05
Earnings
CAI International reports Q3 EPS 90c, consensus 70c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

ATHN

athenahealth

$116.41

-4.37 (-3.62%)

16:04
10/19/17
10/19
16:04
10/19/17
16:04
Earnings
athenahealth reports Q3 EPS 56c, consensus 50c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Oct

CVTI

Covenant Transportation

$27.76

1.16 (4.36%)

16:04
10/19/17
10/19
16:04
10/19/17
16:04
Hot Stocks
Covenant Transportation sees strong freight demand and tight trucking capacity »

Covenant CEO David Parker…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

HA

Hawaiian Holdings

$40.05

-0.1 (-0.25%)

16:04
10/19/17
10/19
16:04
10/19/17
16:04
Hot Stocks
Hawaiian Holdings sees Q4 operating revenue per ASM down 1% to up 2% »

Sees Q4 cost per ASM…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

PBCT

People's United

16:03
10/19/17
10/19
16:03
10/19/17
16:03
Earnings
People's United reports Q3 EPS 26c, consensus 25c »

Net interest margin…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

HA

Hawaiian Holdings

16:03
10/19/17
10/19
16:03
10/19/17
16:03
Earnings
Hawaiian Holdings reports Q3 adjusted EPS , consensus $1.85 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

CVTI

Covenant Transportation

16:03
10/19/17
10/19
16:03
10/19/17
16:03
Earnings
Covenant Transportation reports Q3 EPS 25, consensus 17c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ASRV

Ameriserve Financial

16:01
10/19/17
10/19
16:01
10/19/17
16:01
Hot Stocks
Ameriserve Financial Bank, USW announces new labor contract »

AmeriServ Financial Bank…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DGICA

Donegal Group

$16.49

0.04 (0.24%)

16:01
10/19/17
10/19
16:01
10/19/17
16:01
Hot Stocks
Donegal Group CEO takes medical leave of absence »

Donegal Mutual Insurance…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Oct

UNP

Union Pacific

$111.94

1.56 (1.41%)

15:50
10/19/17
10/19
15:50
10/19/17
15:50
Options
Union Pacific calls see another day of extraordinary volume »

Union Pacific calls see…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Oct

SRC

Spirit Realty

$8.08

-0.39 (-4.60%)

15:49
10/19/17
10/19
15:49
10/19/17
15:49
Hot Stocks
Spirit Realty weakness attributed to report of Sun Capital seeking Shopko buyer »

The weakness in shares of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    Nov

FTR

Frontier Communications

15:45
10/19/17
10/19
15:45
10/19/17
15:45
Options
Frontier Communications call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 31

    Oct

CZFC

Citizens First

15:42
10/19/17
10/19
15:42
10/19/17
15:42
Hot Stocks
Citizens First raises semiannual dividend 25% to 10c per share »

On October 19, the Board…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SKX

Skechers

$24.15

-0.955 (-3.80%)

15:34
10/19/17
10/19
15:34
10/19/17
15:34
Options
Skechers options imply 14.4% move in share price post-earnings, above median historical move »

Pre-earnings options…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

BCS

Barclays

$10.16

0.01 (0.10%)

15:31
10/19/17
10/19
15:31
10/19/17
15:31
Periodicals
Barclays being sued for $850M for copper market abuse, Bloomberg reports »

Red Kite Management is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 23

    Oct

GE

General Electric

$23.72

0.595 (2.57%)

15:30
10/19/17
10/19
15:30
10/19/17
15:30
Options
100K GE Oct 27th 21.5 puts trade ahead of earnings »

100K GE Oct 27th 21.5…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Oct

GE

General Electric

$23.72

0.595 (2.57%)

15:29
10/19/17
10/19
15:29
10/19/17
15:29
Technical Analysis
Technical Earnings Preview: General Electric in well-defined downtrend »

Shares have been in a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Oct

WFBI

WashingtonFirst

$36.23

-0.25 (-0.69%)

15:28
10/19/17
10/19
15:28
10/19/17
15:28
Earnings
WashingtonFirst reports Q3 core EPS 43c, consensus 41c »

WashingtonFirst President…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMZN

Amazon.com

$997.00

-12.13 (-1.20%)

15:25
10/19/17
10/19
15:25
10/19/17
15:25
Hot Stocks
Analysis of buyer shopping patterns shows Amazon Prime has 90M members »

Consumer Intelligence…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 26

    Oct

  • 18

    Mar

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.