Staples struck down on Amazon challenge; Bombardier battered on glitch; hospital names off

By Paul Deckelman

New York, Oct. 25 – Retailer Staples Inc.’s bonds fell sharply on busy volume, pushed down by the news that online retailing giant Amazon.com will offer two-day shipping on office supply products.

The Amazon move is seen as a direct challenge to Staples, an office supplies seller.

And aircraft maker Bombardier Inc.’s notes lost altitude across the board as the company said it is reviewing delivery plans for its new C-Series aircraft in light of problems with the separately manufactured engines.

Bombardier rival Boeing Corp. maintains that it will continue to press its trade case against Bombardier despite the recently announced deal to have Airbus take control of Bombardier’s C-Series aircraft program and do final assembly on the planes in Alabama.

In the healthcare sphere, hospital names like Community Health Systems, Inc. and Tenet Healthcare Corp. were seen lower after sector peer Acadia Healthcare reported weak quarterly numbers.

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