BUZZ-Bombardier Inc: Rally continues on report of federal funding

Mon Feb 22, 2016 10:16am EST
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** Canadian plane maker's shares up about 7 pct at C$1.23, extending their rally to a sixth day

** Canada will likely offer up to $1 bln in aid to the ailing plane maker, Reuters reported late Friday

** The federal government is under pressure from Quebec, which invested $1 bln last year for a nearly 50 pct stake in the firm's CSeries passenger jet program

** Bombardier wants the federal government to take a stake in the CSeries

** Rally in last six days has boosted stock by about 58 pct