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Market Impact: 0.35
Bombardier hikes cash forecast as questions mount over capital deployment
Source: The Globe and Mail
Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
Bombardier raised its annual free cash flow forecast for the second time this year and reported solid financial results. Shareholder attention is now focused on how the company will use its excess capital in the coming months; the article provides no forecast amount or capital-allocation plan.
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