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For the fiscal year 2013, sales rose by 46.4% to C$15.21 million, while net income rose substantially to C$1.23 million, or 12 cents per share, from a profit of C$312,812, or 3 cents per share, in 2012.
Bombardier (TSE:BBD.B) shares fell sharply on Thursday morning after aircraft orders fell in the third quarter.
The Montreal-based company said it received 26 plane orders in the three-month period ending Sept. 30, compared to 83 orders in last year's third quarter. Its aerospace division delivered 45 aircraft in the quarter, versus 57 aircraft in the same prior-year period.
Iplayco (CVE:IPC) is nearing the end of a turnaround year, with the maker of indoor and outdoor children's play equipment confident that the strong tide will continue as even bigger orders are on the horizon from malls ranging as far wide as the BRIC nations.
Bombardier deal to provide "strong tailwind" to bizjet manufacturing outlook, says Stonecap Securities
Bombardier (TSE:BBD.B) was running on a high after hitting a five-week high in the previous session following an agreement to sell its Flexjet unit and getting an order for 245 jets valued at $5.2 billion, with analysts at Stonecap Securities saying the deals are "a vote of confidence" for the North American bizjet industry.
General Electric Co. (NYSE:GE), the world's biggest jet engine maker, reported a second-quarter profit that exceeded analysts' estimates as strong demand from the U.S. drove the order backlog to an all-time high. Shares gained in premarket.
Alcoa (NYSE:AA) spiked initially in after hours before falling after its adjusted second quarter earnings came in a penny higher than consensus, as a rise in production offset lower aluminium prices. The aluminum producer lost $119 million or 11 cents per share for the period compared to a $2 million loss, break even on a per-share basis, for the same prior-year period.