Updating INTERNATIONAL ROAD DYNAMICS, WYNDHAM WORLDWIDE and BREAKWATER RESOURCES

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INTERNATIONAL ROAD DYNAMICS $0.75 (Toronto symbol IRD; SI Rating: Speculative) (306-653-6600; www.ird.ca; Shares outstanding: 14 million; Market cap: $10.5 million) has resumed trading after the Toronto exchange lifted its cease-trading order. The company has filed its financial statements for its fiscal year, which ended November 30, 2008. It has also filed its statements for the quarter ended February 28, 2009. In the latest quarter, revenue rose 58.7%, to $11 million from $6.9 million a year earlier. Earnings were $0.02 a share, compared to a loss of $0.02. International Road Dynamics is a buy. WYNDHAM WORLDWIDE $11.13 (New York symbol WYN; SI Rating: Extra risk) (973-753-6000; www.wyndhamworldwide.com; Shares outstanding: 178.1 million; Market cap: $2 billion) reports that its earnings, excluding one-time items, rose 19.4% in the three months ended March 31, 2009, to $74 million, or $0.41 a share, from $62 million, or $0.35, a year earlier. Revenue fell 11%, to $901 million from $1.01 billion, as Wyndham’s hotels saw fewer guests. Moreover, the…