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Industrials News

A Canadian running iconic Ferrari? Marchionne takes the wheel

The brand most closely identified with Italian flair, passion and beauty – Ferrari – is about to be run by a Canadian. Enzo Ferrari, the founder of the sports car maker and racing empire,...

Posted on 9-10-2014 at 7:09 AM

Southwest Airlines targets Canadian expansion

Senior executives of Southwest Airlines Co. are sending strong signals that they’re preparing to enter the Canadian market, although cities in Canada are among 50 new destinations the...

Posted on 9-10-2014 at 7:00 AM

Notable Call: Morgan Stanley slaps sell rating on Ford

Auto sales in the United States are at the highest level since 2006, but a new report says we've past the peak and it is time to take profits.

Posted on 9-08-2014 at 4:22 PM

Bombardier resumes CSeries test flights for 2015 jetliner debut

Bombardier Inc. yesterday conducted the first test flight of its CSeries jet since an on-the-ground engine failure in May set back efforts to introduce the narrow- body airliner next year.

Posted on 9-08-2014 at 7:17 AM

Bombardier to resume CSeries tests in race to meet delivery goal

Bombardier Inc.’s CSeries will resume flight tests this month as the company races against the clock to begin deliveries of the troubled jetliner in the second half of next year.

Posted on 9-05-2014 at 11:35 AM

Bombardier carves out aircraft-development unit as revamp widens

Bombardier Inc., struggling with delays on its biggest jetliner ever, widened a six-week-old reorganization by carving out a unit to ensure that new planes are introduced on time.

Posted on 9-05-2014 at 8:14 AM

Goldman cuts price target on Bombardier; sees further CSeries delay

Goldman Sachs cut its price target on Bombardier Inc. and reiterated a "sell" rating on shares of the train and plane maker on Tuesday, warning it expected the CSeries aircraft's entry into...

Posted on 9-02-2014 at 9:09 AM

Bombardier CSeries suffers blow as first operator backs away

Bombardier Inc. will have to find another CSeries jet buyer to become the plane’s first operator after Sweden’s Braathens Aviation AB said it’s seeking changes to its delivery schedule.

Posted on 8-29-2014 at 1:41 PM

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