Updating CAE Inc., Canadian pacific Railway Co., Teck Cominco Ltd., and Finning International Inc.

Article Excerpt

CAE INC. $14 (Toronto symbol CAE) has opened a new $100 million U.S. pilot training centre in New Jersey. The company will also install $60 million U.S. worth of new flight simulators at this site. To put these costs in perspective, CAE earned $129.3 million (Canadian) or $0.51 a share before unusual items in the fiscal year ended March 31, 2007. However, problems in the U.S. airline industry and the rising Canadian dollar could hurt CAE’s growth. Hold. CANADIAN PACIFIC RAILWAY CO. $75 (Toronto symbol CP) has reached a new three-year deal with its unionized track workers that will end a three-week strike. The company did not reveal the specifics of the new contract, but labour peace helps cut CP’s risk. Buy. TECK COMINCO LTD. $48 (Toronto symbol TCK.B) is helping junior mineral exploration company Benton Resources Corp. develop a new nickel-copper find 60 km north of the massive Voisey’s Bay nickel deposit in Labrador. There’s no guarantee the project will make…