Industrial shares were mostly advancing in afternoon trading,
and the S&P/TSX Industrials index was up 0.9%.
Bombardier (BBD-B.TO): +2.2%
Air Canada (AC-B.TO): +0.4%
Canadian Pacific Railway (CP.TO): +1.9%
WestJet (WJA.TO): -1.0%
Ritchie Bros. (RBA.TO): +0.04%
In corporate news, Bombardier Friday said it has been selected
to become a partner in a major consortium that was awarded a
contract valued at approximately 339 million euros (US$459 million)
for the upgrade of the High Speed North-North West Corridor rail
signalling in Spain.
The project which includes the lines Valladolid - Leon and Venta
de Banos - Burgos is being delivered by a consortium led by Alstom
that includes Bombardier and Indra.
Bombardier's share is valued at approximately 144 million euros
(US$195 million). It will implement its radio-based INTERFLO 450
ERTMS (European Rail Traffic Management System) Level 2 system for
the Venta de Banos - Burgos section.
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