Market movers: Stocks seeing action on Thursday


Source: theglobeandmail.com theglobeandmail.com

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A look at North American equities heading in both directions On the rise Canadian luxury jet maker Bombardier Inc. (BBD-B-T) surged after boosting its financial targets as it sets a new course towards consistent profitability after years of strife. The Montreal-based manufacturer said Thursday a five-year turnaround strategy launched in March 2021 is yielding results that are either meeting or exceeding its initial plans. Jet sales are holding strong and other revenue streams like servicing planes are helping fuel the bottom line, prompting the company to hike its financial objectives on several key metrics. Bombardier is now aiming to generate...