Canadian plane and train maker Bombardier Inc used more cash than analysts had expected in the third quarter as it ramped up production of its flagship Global 7500 business jet and pushed back some train deliveries. The Montreal-based company is in the middle of a broader restructuring, shedding underperforming commercial plane programs to focus on its more profitable business jet and rail units. Bombardier free cash flow usage for the quarter ended Sept. 30 rose 84% to $682 million, compared with a year earlier. …read more
Source:: Yahoo Finance
