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Bombardier’s quarterly revenue rises 19% on delivery strength, higher services revenue

Bombardier’s quarterly revenue rises 19% on delivery strength, higher services revenue

By Dan Catchpole and Aatreyee Dasgupta (Reuters) -Canadian business jet manufacturer Bombardier (OTC:BDRBF) reported higher first-quarter revenue on Thursday, owing to increased aircraft deliveries and growth in aftermarket services, but the company’s gains fell slightly short of investor expectations. Its shares were down 5% in early trading.  Bombardier President and CEO Eric Martel said ...

2025-05-02 02:04:36
GM cuts 2025 profit forecast, expects up to $5 billion tariff impact

GM cuts 2025 profit forecast, expects up to $5 billion tariff impact

By Kalea Hall DETROIT (Reuters) -General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this week on automotive tariffs. CEO Mary Barra told shareholders in a letter that the company would maintain dialogue with the Trump administration on trade and other policies as they evolve.  "There are ongoing discussions with key tr ...

2025-05-02 02:03:38
Thomson Reuters maintains 2025 financial forecasts amid economic turmoil

Thomson Reuters maintains 2025 financial forecasts amid economic turmoil

By Kenneth Li NEW YORK (Reuters) -Thomson Reuters on Thursday confirmed 2025 financial guidance amid tariff-induced global economic turmoil that has led some companies to revise or scrap forecasts altogether. The Toronto-based content and technology company reported quarterly revenue rising 1% to $1.9 billion, slightly below analyst expectations of $1.93 billion, according to LSEG data. Organic re ...

2025-05-02 02:02:36
GM cuts 2025 profit forecast, expects up to $5 billion tariff impact

GM cuts 2025 profit forecast, expects up to $5 billion tariff impact

By Kalea Hall DETROIT (Reuters) -General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this week on automotive tariffs. CEO Mary Barra told shareholders in a letter that the company would maintain dialogue with the Trump administration on trade and other policies as they evolve.  "There are ongoing discussions with key tr ...

2025-05-02 02:01:38