Bombardier (BDRBF) CS100 Aircraft Ready-to-Go; Patriot National (PN) Becomes Takeover Target


Bombardier Inc. (OTCMKTS:BDRBF) stock closed in negative territory by 1.97% (or -$0.03) at $1.49, and 124,793 of its shares changed hands on Wednesday, representing a decrease in activity versus its average volume (3m) of 446,795

After the closing bell, the planes and trains manufacturer said that the European Aviation Safety Agency (EASA) and the Federal Aviation Administration (FAA) granted Type Validation to its CS100 aircraft – which previously was awarded Type Certification by Transport Canada

Bombardier, which manufactures and sells transportation equipment worldwide, has 2.22B Shares Outstanding, Market Capitalization (intraday) of $3.31B and BDRBF stock one-year range is between $0.51 and $2.05 per share



Shares of Patriot National, Inc. (NYSE:PN) soared to touch the $9.15 in early trade Wednesday after the insurance software and e-commerce platform supplier Ebix, Inc. (Nasdaq:EBIX) revealed that it has offered to acquire all the company’s outstanding stock for $9.50 per share.

Patriot National expects to deliver full year 2016 total fee income of between $270 million and $280 million

PN stock finished the regular session at $8.75, up $1.83 (or +26.45%) with a total volume of 1,063,138 shares traded during the day

Patriot National, a technology and outsourcing solutions provider, has 26.83M Shares Outstanding, Market Capitalization (intraday) of $234.77M and PN stock 52-week range is from $3.56 to $19.32 per share


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