Tariffs on Bombardier Jets Might Not Spell Disaster for Purchasers or Investors -- Market Talk

Dow Jones2024-11-29

1322 GMT - The threat of a 25% tariff on all things coming out of Canada sent Canadian business jet maker Bombardier's stock sliding lower. However, TD Cowen's Tim James says that if the tariffs are a negotiation strategy, business jets coming out of Canada may not be burdened by a price hike. "If correct, current weakness, which could persist short-term, is a great entry point, in our view," he says. Even if tariffs get applied, customers who can afford business jets can likely "take delivery/register aircraft in other countries regardless of residency, so a workaround may exist for an unknown proportion of U.S. customers." Shares are down 11% since Monday at C$94.60 but still up 78% year-to-date. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

November 29, 2024 08:23 ET (13:23 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2487551673?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-29 21:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2487551673","market":"sh","top_or_hot":-1,"title":"Tariffs on Bombardier Jets Might Not Spell Disaster for Purchasers or Investors -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1322 GMT - The threat of a 25% tariff on all things coming out of Canada sent Canadian business jet maker Bombardier's stock sliding lower. However, TD Cowen's Tim James says that if the tariffs are a negotiation strategy, business jets coming out of Canada may not be burdened by a price hike. \"If correct, current weakness, which could persist short-term, is a great entry point, in our view,\" he says. Even if tariffs get applied, customers who can afford business jets can likely \"take delivery/register aircraft in other countries regardless of residency, so a workaround may exist for an unknown proportion of U.S. customers.\" Shares are down 11% since Monday at C$94.60 but still up 78% year-to-date. (adriano.marchese@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 29, 2024 08:23 ET (13:23 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tariffs on Bombardier Jets Might Not Spell Disaster for Purchasers or Investors -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTariffs on Bombardier Jets Might Not Spell Disaster for Purchasers or Investors -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-29 21:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1322 GMT - The threat of a 25% tariff on all things coming out of Canada sent Canadian business jet maker Bombardier's stock sliding lower. However, TD Cowen's Tim James says that if the tariffs are a...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ISBC","symbol_name":"投资者银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2487551673","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2487551673","pubTimestamp":1732886580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1322 GMT - The threat of a 25% tariff on all things coming out of Canada sent Canadian business jet maker Bombardier's stock sliding lower. However, TD Cowen's Tim James says that if the tariffs are a negotiation strategy, business jets coming out of Canada may not be burdened by a price hike. \"If correct, current weakness, which could persist short-term, is a great entry point, in our view,\" he says. Even if tariffs get applied, customers who can afford business jets can likely \"take delivery/register aircraft in other countries regardless of residency, so a workaround may exist for an unknown proportion of U.S. customers.\" Shares are down 11% since Monday at C$94.60 but still up 78% year-to-date. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ISBC":"投资者银行","BK4187":"航天航空与国防","BK4211":"区域性银行","BDRBF":"Bombardier Inc."},"translate_title":"对庞巴迪喷气式飞机征收关税可能不会给买家或投资者带来灾难——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ISBC":1,"BDRBF":0.9},"content_text":"1322 GMT - The threat of a 25% tariff on all things coming out of Canada sent Canadian business jet maker Bombardier's stock sliding lower. However, TD Cowen's Tim James says that if the tariffs are a negotiation strategy, business jets coming out of Canada may not be burdened by a price hike. \"If correct, current weakness, which could persist short-term, is a great entry point, in our view,\" he says. Even if tariffs get applied, customers who can afford business jets can likely \"take delivery/register aircraft in other countries regardless of residency, so a workaround may exist for an unknown proportion of U.S. customers.\" Shares are down 11% since Monday at C$94.60 but still up 78% year-to-date. (adriano.marchese@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 29, 2024 08:23 ET (13:23 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2487551673"}