Breaking down the impact of 50% steel and aluminum tariffs on one business
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Business Insider
an hour ago
- Business Insider
'First-Time Bombardier Buyer': Bombardier Stock (TSE:BBD.B) Blasts Up 20% With $1.7 Billion Order
Today featured a massive win for Canadian aviation stock Bombardier (TSE:BBD.B), which posted a monster sale to someone who has never actually purchased Bombardier aircraft before. That speaks to solid marketing and a good product, and investors were over the moon. Sufficiently so, in fact, to send Bombardier stock blasting up over 20% in Wednesday morning's trading. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Reports noted that Bombardier had landed a 'firm order' for 50 Challenger and Global models of aircraft, and also a services agreement for the lot. The buyer was not identified, and it was also unmentioned what proportions were purchased; whether it was 25 Challengers and 25 Globals, or what model numbers were involved. We do know that it was a first-time buyer, someone who had never purchased Bombardier aircraft before. We also know that the cumulative total of the contracts involved was $1.7 billion, and the buyer actually has an option to purchase another 70 on top of what was already bought. The aircraft in question are set to be delivered starting in 2027. If the buyer actually exercises all those purchase options, reports noted, the total value of aircraft and service contracts would balloon to $4 billion, a win by any standard. A New Model Global 6500? Meanwhile, new reports suggest that Bombardier may be considering a new kind of Global 6500 aircraft, specifically geared toward maritime operations. A formal Memorandum of Understanding was signed between Bombardier and Leonardo (FINMY) at the recent Paris Air Show. The document in question calls for an 'Advanced Maritime Multi Mission Platform' to be developed, using the Global 6500 as its base. Bombardier Global aircraft have already been involved in a range of mission types, including as an Electronic Intelligence (ELINT) aircraft, a Signals Intelligence (SIGINT) aircraft, and more. But the ultra-long-range Global 6500, with its ability to use a wide range of sensors and communications tools, may prove just the ticket for a potential winner in maritime operations as well. That should prove a nice boost for Bombardier going forward. Is Bombardier Stock a Good Buy? Turning to Wall Street, analysts have a Strong Buy consensus rating on TSE:BBD.B stock based on six Buys and one Hold assigned in the past three months, as indicated by the graphic below. After a 35.95% rally in its share price over the past year, the average BBD.B price target of C$121.29 per share implies 14.63% upside potential.
Hypebeast
2 hours ago
- Hypebeast
Shai Gilgeous-Alexander Inks Record-Setting $285 Million USD Extension Contract
Summary TheOklahoma City Thunderhave solidified their championship future, reaching a monumental four-year, $285 million USD supermax contract extension with superstarShai Gilgeous-Alexander. The agreement, which ties the reigningNBAMVP and Finals MVP to the Thunder through the 2030-31 season, marks the highest single-season average salary in NBA history, underscoring his unparalleled value to the franchise and the league. The record-setting deal comes on the heels of a historic 2024-25 season for Gilgeous-Alexander, who led the Thunder to their first NBA championship since relocating to Oklahoma City. He also swept major individual honors, securing both regular-season and NBA Finals MVP awards, as well as the scoring title – a feat previously achieved by only Michael Jordan, Kareem Abdul-Jabbar, and Shaquille O'Neal in the same season. His new contract, while not kicking in until the 2027-28 season, will see him earn over $71 million USD annually, cementing his status as one of the highest-paid athletes globally. For the Thunder, securing Gilgeous-Alexander long-term is a pivotal move, ensuring their best player remains foundational to a roster filled with young talent. This extension, combined with key players already under contract and a wealth of draft picks, positions Oklahoma City as a formidable contender for years to come. The deal reinforces the strong synergy and trust between the Canadian superstar and the franchise that has nurtured his development into an NBA titan.
Time Business News
7 hours ago
- Time Business News
Private Delivery vs Canada Post: Why Going Private Pays Off
Canadian businesses and consumers face a critical decision when shipping packages: stick with the familiar Canada Post or explore private delivery alternatives. While Canada Post has served Canadians for generations, private courier services are rapidly gaining ground by offering advantages that traditional postal services struggle to match. The shipping landscape has evolved dramatically, with customer expectations reaching new heights. Today's consumers demand speed, reliability, and transparency—qualities that private delivery services consistently deliver better than their government counterpart. Private courier companies excel at providing an on time delivery service that keeps customers satisfied. While Canada Post operates on standard business schedules with limited weekend service, private couriers often offer same-day, next-day, and weekend delivery options. FedEx, UPS, and regional private couriers maintain extensive networks designed for speed. Their streamlined operations mean fewer handling points and faster transit times. Canada Post, by contrast, processes mail through multiple sorting facilities, creating more opportunities for delays. The difference becomes especially apparent during peak seasons. Private couriers scale their operations dynamically, hiring temporary staff and extending hours to meet demand. Canada Post's rigid structure makes it harder to adapt quickly to volume surges, leading to the dreaded holiday shipping delays many Canadians have experienced. A reliable courier service goes beyond just delivering packages—it provides peace of mind. Private delivery companies invest heavily in tracking technology, real-time updates, and customer communication systems. Recipients receive detailed notifications about pickup, transit, and delivery status. Canada Post's tracking system, while improved in recent years, still lags behind private alternatives. Package updates are often delayed or vague, leaving customers guessing about their shipment's whereabouts. Private couriers typically offer more granular tracking, including photos of delivered packages and precise delivery windows. Customer service represents another reliability factor. Private companies compete for business, making customer satisfaction a priority. Their representatives are often more accessible and empowered to resolve issues quickly. Canada Post, as a government service, faces less competitive pressure to provide exceptional customer experiences. Many assume Canada Post offers the most affordable shipping, but this perception doesn't always match reality. While base rates might appear lower, hidden costs quickly add up. Insurance, tracking, and expedited handling often cost extra with Canada Post. Private couriers frequently bundle these services into their standard pricing. When you factor in the value of guaranteed delivery times, superior tracking, and better customer service, private options often provide better overall value. For businesses, the cost calculation becomes even more compelling. Late deliveries damage customer relationships and can result in refunds or replacements. The slightly higher upfront cost of private delivery often pays for itself through improved customer satisfaction and reduced shipping-related problems. Business accounts with private couriers also unlock volume discounts and negotiated rates that can make private shipping surprisingly affordable shipping solution, especially for regular shippers. The decision between private delivery and Canada Post depends on your specific requirements. For urgent shipments, valuable items, or business-critical deliveries, private couriers offer clear advantages. Their focus on speed, reliability, and customer service makes them worth the investment. Canada Post still serves a role for basic, non-urgent shipments where cost is the primary concern. However, as private courier pricing becomes more competitive and service quality continues to improve, the gap narrows significantly. Canadian businesses and consumers benefit from having choices in delivery services. By understanding the strengths of private couriers—superior speed, enhanced reliability, and often better overall value—you can make informed shipping decisions that meet your specific needs and exceed your customers' expectations. TIME BUSINESS NEWS
