tcook052
Mar 30, 06, 12:30 am
http://www.theglobeandmail.com/servlet/story/RTGAM.20060329.wbombardierr0329/BNStory/Business/home
A stronger-than-expected fourth-quarter showing and a return to profitability for the year are signs that the recovery of battered plane and train maker Bombardier Inc. is under way, chairman and chief executive officer Laurent Beaudoin says.
Investors duly took note, sending the shares up 54 cents to $3.22 — an increase of 20 per cent — on the Toronto Stock Exchange. Almost 33.8 million shares changed hands, making it by far the top trader by volume.
A stronger-than-expected fourth-quarter showing and a return to profitability for the year are signs that the recovery of battered plane and train maker Bombardier Inc. is under way, chairman and chief executive officer Laurent Beaudoin says.
Investors duly took note, sending the shares up 54 cents to $3.22 — an increase of 20 per cent — on the Toronto Stock Exchange. Almost 33.8 million shares changed hands, making it by far the top trader by volume.