Updating SNC-Lavalin Group Inc., Bombardier Inc., and Saputo Inc.

Article Excerpt

SNC-LAVALIN GROUP INC. $51 (www.snclavalin.com) designed and built Montreal’s Maison symphonique concert hall, which houses the Montreal Symphony Orchestra, in 2009. The company also operates the hall under a long-term deal with the Quebec government. However, SNC wants to focus on its main engineering and construction businesses, so it is selling the concession rights to this project for $77.6 million. That’s equal to 61% of the $126.7 million, or $0.83 a share, that the company earned in the first half of 2014. Buy. BOMBARDIER INC. $3.71 (www.bombardier.com) has received a firm order for 40 of its upcoming CSeries passenger jets from Macquarie AirFinance, as well as options for an additional 10 aircraft. Including this order, the company now has firm orders for 243 CSeries planes, plus options for 320 more. In all, these 563 planes are worth roughly $39 billion U.S., which is equal to two year’s revenue. Bombardier is still testing the new plane and expects to begin deliveries in…