Updating CAE INC., MOLSON COORS CANADA INC., MANITOBA TELECOM SERVICES INC. and GREAT-WEST LIFECO INC.

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CAE INC. $9.33 has won a contract to train maintenance technicians for the 17 new Hercules planes that will replace Canada’s existing fleet of military transport aircraft. The multi-year deal is worth $90 million. That’s small next to CAE’s annual revenue of $1.6 billion. However, military customers now account for just over half of CAE’s revenue and earnings. That cuts its exposure to the cyclical airline industry. Best Buy. MOLSON COORS CANADA INC. $45 has raised its quarterly dividend by 16.7%, to $0.28 U.S. a share from $0.24 U.S. The new annual rate of $1.12 U.S. yields 2.6%. Buy. MANITOBA TELECOM SERVICES INC. $28 has introduced a dividend reinvestment plan that lets shareholders use their cash dividends to buy new shares at a 3% discount to the market price. Buy. GREAT-WEST LIFECO INC. $24 earned $0.47 a share in the three months ended March 31, 2010, up 34.3% from $0.35 a year earlier. That’s partly because its U.S.-based mutual-fund business, Putnam investments, broke…