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Bombardier news roundup post-tariff ruling

Published 09/27/2017, 08:18 AM
Updated 09/27/2017, 08:18 AM
© Reuters.  Bombardier news roundup post-tariff ruling
  • Bombardier's (OTCQX:BDRAF, OTCQX:BDRBF) EUR-denominated bonds due in 2021 have declined the most in more than two years after the U.S. imposed import duties of 219% on the company’s C-series plane.
  • Shares of Alten (OTC:ABLGF), Trelleborg (OTCPK:TBABF), Safran (OTCPK:SAFRY) and Zodiac Aerospace (OTCPK:ZODFY) may be active following the ruling by the U.S. Commerce Department.
  • The U.K. government is warning that Boeing's (NYSE:BA) trade dispute with Bombardier "could jeopardize" its defense contracts.
  • Bombardier statement: "The magnitude of the proposed duty is absurd and divorced from the reality about the financing of multibillion-dollar aircraft programs."
  • Previously: U.S. slaps tariffs on Bombardier jets, ruling in favor of Boeing (Sep. 26 2017)
  • Now read: Boeing's Fury Tackles Bombardier

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