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Industrials News

Bombardier hires industry veteran to sell C Series
Industry veteran Colin Bole will take over in May as senior vice-president of sales and asset management at Bombardier Commercial Aircraft.
Posted on 4-20-2015 at 1:55 PM
Negotiations delay TransCanada’s Bruce Power nuclear reactor updates
Bruce Power and the Ontario government are mired in negotiations for a $15-billion deal to refurbish six nuclear reactors, delaying the planned project past a self-imposed deadline and posing new questions about the province’s future energy mix.
Posted on 4-17-2015 at 7:34 AM
General Electric power-unit sales boost profit past estimates
Chief Executive Officer Jeffrey Immelt has continued investing in GE’s industrial divisions even as the crude slump weighs on orders for oilfield equipment.
Posted on 4-17-2015 at 7:28 AM
Magna to sell most of vehicle-interiors business for $525M
Auto-parts maker Magna International said on Thursday it will sell most of its vehicle-interiors operations to Spain's Grupo Antolin for about $525 million.
Posted on 4-16-2015 at 3:59 PM
CN, beset by derailments, to upgrade Western Canada network
Canadian National Railway, hit by a recent string of derailments, will spend $500-million to upgrade its feeder network in Western Canada to improve safety and boost capacity, the railway said on Thursday.
Posted on 4-16-2015 at 3:10 PM
Norfolk Southern slumps as profit drop surprises analysts
Norfolk Southern Corp., the second-largest railroad in the eastern U.S., fell in early trading after first- quarter profit declined and missed analyst estimates.
Posted on 4-14-2015 at 8:37 AM
Bombardier explores options for rail business
The world's largest manufacturer of both planes and trains is working with banks on strategic options for its transportation arm, which provides rail vehicles, signaling and control equipment, sources told Reuters.
Posted on 4-10-2015 at 7:51 AM
Bombardier shuffles leadership as Russia CSeries order in doubt
Bombardier Inc. is bringing in a new leader for its commercial aircraft business and another chief financial officer as the planemaker faces fresh doubts about one of the largest orders for its troubled CSeries jetliner.
Posted on 4-09-2015 at 10:31 AM

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