BUZZ-Exchange Income Corp: Better-than-expected results

Thu Aug 13, 2015 12:14pm EDT
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** Shares of company, which invests in aviation and manufacturing businesses, up 8.7 pct at C$23.85; hit highest since September 2013

** Company's Q2 revenue, earnings beat analysts' estimates due to growth in its aviation business

** Company increases monthly dividend by 10 pct to 16 Canadian cents/share

** Company anticipates strong demand in aviation business in H2

** Up to Wednesday's close, shares had risen nearly 25 pct in 12 months