11:42 AM EST - Bombardier Inc. : says its fourth-quarter profit rose to US$112 million from a year-earlier $86 million as new orders produced a record-high backlog. Net income for the quarter ended Jan. 31 amounted to 6 cents a share, compared with 5 cents per share a year ago, the Montreal-based company reported Wednesday. Analysts' consensus forecast had been for earnings of 5 cents per share, before one-time items, according to Thomson Financial. Revenue rose to US$4.4 billion from $4 billion. The firm reports in U.S. dollars. Bombardier Inc.
shares T.BBD.B are trading up 12 cents at $4.73.
