The upcoming week will shed more light on how third-quarter gross domestic product is shaping up in the U.S. and U.K., as well as decisions surrounding monetary policy from the EU and Brazilian central banks.
Airbus SE (EADSY)
Airbus and Bombardier will team up on the C Series aircraft program as part of a deal inked last week.
The partnership will combine Airbus’ global connections with Bombardier’s new, top-of-the-line aircrafts. The move will put both companies in a good position to tap the value of the C Series platform, adding value for customers, suppliers, employees and shareholders.
Airbus will provide procurement, sales and marketing, as well as customer support expertise as part of the C Series Aircraft Limited Partnership (CSALP), manufacturing and selling the C Series.
All in all, Airbus will acquire a 50.01% interest in CSALP, while Bombardier and Investissement Québec will hold about 31% and 19% of the C Series respectively.
EADSY stock is up 44.7% year-to-date and BDRBF is up 39.8% YTD.
Potlatch Corporation (PCH)
The deal will be an all-stock deal that will offer Potlatch the ability to adjust its sails more effectively in the lumber market. The rising costs of building materials had put a hamper on the industry, even before Hurricanes Harvey and Irma.