Bombardier aerostructures sale comes into question, shares hit new low
The US$500-million sale of facilities in Belfast and Morocco forms a key part of the aircraft maker’s shift to pure-play private jets.
Energy shares continue falling as more firms cut capital budgets
Value of Canada’s top energy companies has been cut almost in half over the past week.
Auto parts maker Magna reports $456M Q4 profit, ups dividend
Will now pay quarterly 36.5 cents per share, up from 33 cents per share.
Ontario sells its final batch of Hydro One shares to gross $2.79B
Province will hold 49.9% but that could slip to 47.8% if over allotment option is exercised.
Ford surprises with lower 2Q profit on trouble in US, China
Issues include expensive aluminum Super-Duty launch and Brexit hit to UK sales.
Gildan Activewear CEO selling 4M shares worth $172M
Glenn Chamandy has put up large blocks of shares in Gildan for sale on three previous occasions.
Billionaire investor Icahn gives up bid to buy truck maker Oshkosh
Carl Icahn wanted 25% of the company’s shares, but was tendered only 22% before offer expired.