Canada's Bombardier Inc on Thursday reported a larger quarterly loss than a...
- Canada’s Bombardier Inc on Thursday reported a larger quarterly loss than analysts had expected, and lowered its full-year earnings forecast, as the company wrestled with challenges in its key rail division.
Bombardier also reduced its adjusted core earnings forecast for the full year to a range of $1.20 billion to $1.30 billion, from its previous forecast of $1.50 billion to $1.65 billion. Bombardier had faced a cash crunch in 2015 after investing heavily to bring two new planes to market.
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