BCE stock suffering from Nortel connection

Article Abstract:

Montreal, Quebec-based BCE Inc.'s 40% stake in Brampton, Ontario-based Northern Telecom Ltd. is pulling its stock down. Concerns have been raised on Northern Telecom's overseas and Internet business as well as on recent announcement to lay off 586 jobs when the firm closes a wireless-equipment facility in the UK. BCE, the biggest telecommunications holding firm in Canada, is the biggest shareholder in Northern Telecom. BCE is also vulnerable to other factors such as changing interest rates because it is a utility-based stock.

Comment:

Its 40% stake in Brampton, Ontario-based Northern Telecom Ltd is pulling its stocks down

Wired Telecommunications Carriers, Telephone Communications, Securities issued, listed, Quebec, Telephone services, BCE Inc., Article

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Image problerms plagues CAE shares

Article Abstract:

Flight-simulator system maker CAE Inc has posted a profit of C$16.7 million in the 1st qtr of the current fiscal year, up by 28.5% from C$13 million in the year-ago period. The strong performance came mainly from its commercial flight simulator and sawmill control business. However, CAE shares remained stuck between C$8 and C$10 as investors continue to shy away from the stock because of the company's image problem.

Canada, Sales, profits & dividends, Other Commercial and Service Industry Machinery Manufacturing, Trainers & Simulators, Simulators (Training equipment), CAE Inc.

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