Boeing loses trade case over Bombardier passenger jets [MSN Money]
Boeing Company (The) (BA)
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Source: MSN Money
Canada's Bombardier on Friday won an unexpected trade victory against U.S. planemaker Boeing as a U.S. agency rejected imposing hefty duties on sales of Bombardier's new CSeries jet to American carriers. Popular Searches Shares of Bombardier, which relies financially on sales of the jet, rose 15 percent. Boeing shares fell slightly. The U.S. International Trade Commission voted 4-0 to reject Boeing's claims that it suffered injury by Bombardier underpricing the CSeries in the U.S. market and discarded a Commerce Department recommendation to slap a near 300-percent duty on sales of the 110-to-130-seat jets for five years. The ITC had widely been expected to side with Chicago-based Boeing, the world's largest maker of jetliners, which accused Bombardier of dumping the planes, or selling them below cost, in the U.S. market. The ITC, which currently has four commissioners, did not give an explanation on Friday for its decision. In a statement, Bombardi
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News
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- UPDATE 1-US Senate passes sweeping aviation safety, consumer bill [Yahoo! Finance]Yahoo! Finance
- Air Vanuatu files for bankruptcy protection after canceling more than 20 flights [Yahoo! Finance Canada]Yahoo! Finance Canada
- Air Vanuatu files for bankruptcy protection after canceling more than 20 flights [Yahoo! Finance]Yahoo! Finance
BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 5/7/24 - Form DEFA14A
- 5/3/24 - Form 8-K
- 5/1/24 - Form PX14A6G
- BA's page on the SEC website