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Industrials News

Airbus signs Iran deal for 118 planes worth US$25-billion
Airbus on Thursday signed a deal to sell Iran 118 passenger planes worth at least US$25-billion at list prices in an agreement much talked about in the industry since Western sanctions were lifted against Tehran this year.
Posted on 1-28-2016 at 2:37 PM
Ford Motor profit beats Street
Ford Motor Co said on Thursday fourth-quarter results beat Wall Street expectations, and it reiterated a forecast that 2016 pretax profit would be equal to or higher than last year.
Posted on 1-28-2016 at 8:26 AM
Boeing forecasts 2016 earnings below estimates; shares tumble
Boeing Co said on Wednesday it would deliver fewer planes in 2016 and forecast earnings below expectations, sending shares tumbling as much as 10 percent to a 52-week low.
Posted on 1-27-2016 at 11:34 AM
Canadian National Railway profit beats Street view as costs fall
Canadian National Railway Co reported a better-than-expected fourth quarter profit and raised its 2016 quarterly dividend by 20 percent as costs fell on lower fuel expenses.
Posted on 1-27-2016 at 9:12 AM
Volkswagen investigation shows many bosses knew of manipulation: Report
Many of Volkswagen’s managers and staff dealing with emissions problems in the engine-development department knew about test “defeat devices” being developed, Germany’s Sueddeutsche Zeitung newspaper said on Friday, citing results from VW’s internal investigation.
Posted on 1-22-2016 at 3:21 PM
United, Southwest buy 73 Boeing jets in blow to Bombardier
United Airlines said on Thursday it will buy 40 small planes from Boeing Co worth $3.2 billion at list prices in a blow to Bombardier Inc, which has sought a major customer such as United to give momentum to its fledgling CSeries program.
Posted on 1-21-2016 at 1:00 PM
CP Rail expects to cut 1,000 jobs this year
Canadian Pacific Railway Ltd. says it will shed 1,000 jobs and cut spending by $400-million this year as the railway grapples with declining freight volumes in a sluggish economy.
Posted on 1-21-2016 at 1:10 PM
Delta CEO considering the purchase of Bombardier C Series jets
Delta Air Lines Inc is considering whether to purchase Bombardier’s C Series aircraft, the carrier’s chief executive said Tuesday, in what could be a headline-grabbing win for the plane maker’s new flagship jet.
Posted on 1-19-2016 at 11:52 AM

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