Updating TRANSCANADA CORP., SUNCOR ENERGY INC. and IGM FINANCIAL INC.

Article Excerpt

TRANSCANADA CORP. $42 (www.transcanada.com) has restarted its Keystone crude oil pipeline after repairing a small leak at a pumping station in Kansas; Keystone pumps oil from Alberta to Oklahoma. The leak forced the company to shut down the pipeline for a week. This setback is not likely to hurt the company’s plan to extend Keystone to refineries on the U.S. Gulf Coast. U.S. regulators will make a final decision on the proposal later this year. Best Buy. SUNCOR ENERGY INC. $39 (www.suncor.com) produced an average of 162,000 barrels per day at its oil-sands projects in May 2011. That’s down 50.9% from 330,000 barrels in April 2011. The company has shut down one of its upgrading facilities for maintenance. Suncor expects to resume normal production by the end of June. Buy. IGM FINANCIAL INC. $49 (www.igmfinancial.com) reported that its assets under management rose 12.6%, to $133.5 billion, on May 31, 2011, from $118.5 billion a year earlier. IGM’s fee income varies with the…