TSX Stock News
TSX Stock News
Searching for high-quality earnings amid a higher interest rate environment
What are we screening for? Large-cap Canadian-listed companies with strong earnings. The screen This week, the U.S. Federal Reserve announced that higher interest rates are likely to remain in place for longer to bring inflation down to the Fed’s 2-per-cent target rate. In Canada, a similar story is emerging – August inflation nudged higher, to 4 per cent, driven by an increase in gasoline, food and shelter costs. Increased input costs, coupled with lower consumer demand, are also affecting the manufacturing sector, with the S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) falling to a seasonally adjusted level of 47.5
Firan Technology Group Corporation (“FTG”) Announces Third Quarter 2023 Earnings Release and Conference Call Dates
Firan Technology Group Corporation (“FTG”) Announces Third Quarter 2023 Earnings Release and Conference Call Dates – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Tuesday, October 3, 2023 · 659,457,051 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
H2O Innovation Agrees to Be Sold in C$395M Deal
By Sabela Ojea H2O Innovation has agreed to be sold to Ember SPV I Purchaser through a definitive arrangement that values the company at $395 million Canadian dollars ($288 million). The Canadian water supply company said its shareholders will receive C$4.25 per share in cash, representing a 68% premium to its closing price on the Toronto Stock Exchange on Monday. H2O Innovation’s board of directors unanimously recommends shareholders vote in favor of the deal. “As a private equity firm investing in infrastructure solutions to reduce carbon intensity, increase resource efficiency, and enhance climate resilience, Ember is the ideal partner for
Euro Sun Mining Settles Convertible Security Funding Agreement in Full
Euro Sun Mining Settles Convertible Security Funding Agreement in Full – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Tuesday, October 3, 2023 · 659,457,051 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
Euro Sun Mining Settles Convertible Security Funding Agreement in Full
Euro Sun Mining Settles Convertible Security Funding Agreement in Full – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Tuesday, October 3, 2023 · 659,469,106 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
Strathcona Resources closes Pipestone Energy merger deal creating 5th largest oil producer in Canada
By Staff The Canadian Press Posted October 3, 2023 3:12 pm Descrease article font size Increase article font size Strathcona Resources Ltd. says it has closed its merger with Pipestone Energy Corp. Pipestone shareholders voted to approve the deal last week in a move to create the fifth largest oil producer in Canada. Under the terms of the deal, Pipestone shareholders received 9.05 per cent of the equity in the merged company, while Strathcona becomes a public company. It will be listed on the Toronto Stock Exchange under the symbol SCR. Trading of Strathcona shares is expected to begin on
Aurora Cannabis closes bought deal financing, yielding CA$38.8 million
Canadian producer Aurora Cannabis received gross proceeds of 38.8 million Canadian dollars ($28.3 million) from a bought deal offering after the underwriters’ over-allotment option was fully exercised. Aurora said in a news release it intends to use most of the net proceeds to repay the remaining balance of the company’s convertible notes at or before maturity, which amounts to roughly CA$34 million. ADVERTISEMENT By repaying the remaining convertible debt balance, Aurora said it will save almost CA$2 million in annual interest payments. Edmonton, Alberta-based Aurora sold roughly 53 million common shares at a price of CA$0.73 per security. Aurora said
Strathcona Resources closes Pipestone Energy merger deal
CALGARY – Strathcona Resources Ltd. says it has closed its merger with Pipestone Energy Corp. Pipestone shareholders voted to approve the deal last week in a move to create the fifth largest oil producer in Canada. Under the terms of the deal, Pipestone shareholders received 9.05 per cent of the equity in the merged company, while Strathcona becomes a public company. A Strathcona Resources Ltd. logo is shown in a handout. Strathcona Resources Ltd. says it has closed its merger with Pipestone Energy Corp. Pipestone shareholders voted to approve the deal last week in a move to create the fifth
The Johnny Unitas Golden Arm Selection Committee Narrows Watch List to Top 25
The Johnny Unitas Golden Arm Selection Committee Narrows Watch List to Top 25 – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Tuesday, October 3, 2023 · 659,469,106 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?
The Johnny Unitas Golden Arm Selection Committee Narrows Watch List to Top 25
The Johnny Unitas Golden Arm Selection Committee Narrows Watch List to Top 25 – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Tuesday, October 3, 2023 · 659,457,051 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?