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Bombardier stock hits new low after Fitch downgrades outlook

Bombardier Inc. stock took a fresh hit Thursday after the Fitch ratings agency downgraded its debt and cut its rating outlook to negative.

August 14, 2015 By CBC News

Fitch blamed the delay in the CSeries jet and production cuts in other business lines for the downgrade, which rates Bombardier’s long-term debt at B, down from B+. | READ MORE