Articles Written by:    ROSS MAROWITS     

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More Bombardier job cuts possible, Beaudoin says

B ombardier Inc. BBD.B-T may be forced to cut more aircraft manufacturing jobs after chief executive officer Pierre Beaudoin said it plans to further to reduce production because of insufficient demand. The aircraft and railway equipment maker has ...

From ROSS MAROWITS, Globe and Mail,  9 Nov 2009
Related Topics: Karl Moore

Bombardier expects more cuts to plane output

B ombardier Inc. BBD.B-T employees should expect additional aircraft production cuts that may lead to more layoffs as Canada's big aircraft and rail transit equipment maker adjusts to dwindling demand, chief executive officer Pierre Beaudoin said Monday. ...

From ROSS MAROWITS, Globe and Mail,  9 Nov 2009

Charge dents Astral Media's bottom line

A large impairment charge taken to recognize the lower value of its radio licences pushed Astral Media Inc. ACM.A-T into a loss for the fourth-quarter and fiscal year and wiped out gains Canada's largest radio company made earlier in the year. Astral ...

From ROSS MAROWITS, Globe and Mail,  27 Oct 2009
Related Topics: Thomson Reuters

Cossette converts shares, reviews bids

C osmos Capital Inc. says it remains interested in taking over Cossette Inc. KOS-T even as the advertising and communications agency weighs alternatives to its offer. “Close to the three months into the process, the proposal put forward by Cosmos is ...

From ROSS MAROWITS, Globe and Mail,  16 Oct 2009

Bombardier lands plane deal for $770-million

B ombardier Inc. BBD.B-T is still hunting for commercial jet orders and won't say whether a 22-plane order from American Airlines valued at more than $770-million (U.S.) will help it to avert additional layoffs beyond what is already planned. “We can't ...

From ROSS MAROWITS, Globe and Mail,  17 Sep 2009
Related Topics: AMR Corp,  American Airlines,  David Newman

Bombardier lands plane order for $770-million

B ombardier Inc. BBD.B-T may be able to avert additional layoffs beyond what has already been planned following a 22-plane order from American Airlines valued at more than $770-million (U.S.). AMR Corp. AMR-N announced Thursday that its American Eagle ...

From ROSS MAROWITS, Globe and Mail,  17 Sep 2009
Related Topics: American Airlines,  AMR Corp,  David Newman

Bombardier says new CSeries gives it five-year jump start on competitors

MONTREAL - Bombardier (TSX:BBD.B) called for global aircraft emissions standards on Tuesday as the company touted its new CSeries aircraft will give it a five-year jump start on competitors. ''It will be the most environmentally friendly aircraft out ...

From ROSS MAROWITS, AirportBusiness.com,  17 Sep 2009

Bombardier nearly halfway to filling jobs for new CSeries aircraft

MONTREAL - Bombardier (TSX:BBD.B) is on the hunt for 300 additional engineers as it nears filling half of the jobs required to build it new CSeries aircraft. The Montreal-based aircraft manufacturer is adding the jobs at the same time as it is ...

From ROSS MAROWITS, AirportBusiness.com,  16 Sep 2009

Thriving Sobeys boosts Empire profit

A strong summer quarter at its Sobeys grocery division helped Empire Co. Ltd. EMP.A-T boost its first-quarter profit to $89.7-million despite challenges facing its real estate operations. The Nova Scotia-based company said Friday it earned $1.31 per ...

From ROSS MAROWITS, Globe and Mail,  11 Sep 2009
Related Topics: Thomson Reuters

Parents not expected to scrimp on back-to-school spending

C anadian retailers hoping for some good news after enduring the effects of the recession can take solace in a study suggesting parents are not planning to scrimp on back-to-school spending this year. Scotiabank said Monday that parents will spend an ...

From ROSS MAROWITS, Globe and Mail,  1 Sep 2009

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