New Flyer Industries shares drop on deferred order

Newswire

* A $122 million U.S. order deferred indefinitely * Shares down 10.67 percent at C$8.71 TORONTO, July 31 (Reuters) - Shares of New Flyer Industries Inc dropped as much as 12 percent on Friday after the company said a $122 million order for its diesel-electric hybrid articulated buses has been postponed because of delays in U.S. state funding. The company, based in Winnipeg in the Canadian province of Manitoba, said in a release it planned to start production of 140 buses this week and ...

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