(Street Life is a regular feature that profiles what's playing in the stock market.)

Act I: High flyer

* The Player: Bombardier Inc. (TSX:BBD.B)

* Action: Up 15 per cent or $0.98 in a month (from $6.69 April 21)

* Recent Price: $7.67

* 52-Week High/Low: $4.06/$7.70 You've got to love a company that soars to the skies - especially when its share price does the same.

Montreal-based transportation company Bombardier Inc. just announced an order for 35 business jets by VistaJet of Switzerland - worth US$1.2 billion if the order is completely filled. VistaJet will also have an option for 25 more aircraft.

The announcement comes on the heels of a smaller Swiss order earlier this month (for six aircraft, worth approximately US$103 million), and the announcement that Bombardier and training specialist CAE of Montreal have launched pilot and technical training on Global Express aircraft in the U.K., the first time such training will be available in Europe.

Of course, Bombardier deals in more than just planes; the company just sold 14 more vehicles to Vancouver's SkyTrain transit network, and has partnered with Transmashholding of Russia to develop a new type of locomotive using asynchronous propulsion technology.

Bombardier shares are continuing to hit new 52-week highs on the news.

Act II: Brighter light

* The Player: Carmanah Technologies (TSX:CMH)

* Action: Up 20 per cent or $0.17 in a month (from $0.86 April 21)

* Recent Price: $1.03

* 52-Week High/Low: $2.90/$0.78 A product announcement by a Victoria solar technology company may finally inject some energy back into its fading stock.

Carmanah Technologies, whose stock has been falling steadily for the past year, is hoping its latest product, an LED solar outdoor light rated "dark-sky friendly," will help boost its market results. The new product is a result of a partnership with Beta Lighting of Wisconsin, an LED fixture company. The product is Carmanah's brightest light yet, and can direct light only where needed (to light parks, paths and other outdoor areas.)

Carmanah recently reported lower sales and margins for the quarter ($15.1 million, compared to $15.3 million in the same period of 2007), but net income rose to $83,000, compared to a loss of $464,000 in Q1 2007.

The company's shares have ticked up $0.17 in the past month, from $0.86 to $1.03.

Act III: Go boats to China

* The Player: Augyva Mining Resources Inc. (TSXV:AUV)

* Action: Up 40 per cent or $0.125 in a month (from $0.315 April 21)

* Recent Price: $0.44

* 52-Week High/Low: $0.50/$0.22 A Quebec company is hoping to see many boats leaving to China - full of the company's mined iron ore, of course.

Ressources Minieres Augyva, or Augyva Mining Resources Inc. to anglophones, has signed a joint-venture agreement with Canadian Century Iron Ore Corp. for Augyva's Duncan Lake Property in the James Bay region of Quebec.

In the deal, Canadian Century (a member of Asia-based Century Iron Ore Group), will fund up to $20 million in exploration and development work on the property (which consists of 79 claims on about 36 sq. km), and in return earn up to a 65 per cent interest in the property. A drill program is scheduled for this summer.

Creating a relationship with Canadian Century and its Asian-based parent should prove beneficial to Augyva, as China is currently the world's largest buyer and consumer of iron ore.

Act IV: Peeking in the pipes

* The Player: Pure Technologies Ltd. (TSXV:PUR)

* Action: Up 23 per cent or $0.64 in a month (from $2.76 April 21)

* Recent Price: $3.40

* 52-Week High/Low: $3.50/$1.60 Leaky pipe? A Calgary-based technology company may be able to help.

Pure Technologies Ltd., a Calgary-based technology company specializing in monitoring structures such as bridges, highrises, parkades and pipelines, has just received a U.S. research grant to further develop free-swimmer technology to explore pipelines for leaks.

Pure's SmartBall, a free-swimming acoustic device, can be injected into a water, wastewater or hydrocarbon pipeline to detect and pinpoint leaks at an early stage of their growth.

Earlier this month Pure reported strong quarterly results, with revenue jumping to $6 million (from $2.2 million in the same quarter the year previous), and net income soaring to $2 million (compared to a loss of $327,000 in the same quarter a year ago).

NOTE: The above is not intended as investment advice to buy or sell any mentioned securities. Investors should do due diligence before investing. Quotes are based on results through May 20, 2008.

(Nicole Strandlund can be reached at nicole@businessedge.ca)