Industrial

Why Is This TSX Stock Trading Below Its True Worth?
October 04, 2024 03:34 AM AEST| By Team Kalkine MediaHighlights:,GFL Environmental provides non-hazardous solid waste and environmental services across Canada and the U.S., with a market cap of CA$21.04 billion.,The company is trading at a 33.3% discount to its estimated fair value of CA$79.96, despite...

WSP Global Finalizes Acquisition of Power Engineers
October 02, 2024 08:14 AM AEST| By Team Kalkine MediaHighlights,WSP Global Inc. completes acquisition of U.S. consulting firm Power Engineers.,The acquisition strengthens WSP's presence in the Power & Energy sector.,WSP and POWER teams to collaborate on global energy transition projects.,WSP Global Inc...

Russel Metals Announces Early Redemption of Senior Notes
October 02, 2024 06:10 AM AEST| By Team Kalkine MediaHighlights,Russel Metals Inc. announces the full redemption of its 5.75% senior unsecured notes, due in 2025.,The redemption will be completed by October 27, 2024, covering all $150 million in principal amount.,The company's shares showed a slight in...

What Key Elements Define WSP Global Inc.'s Core Worth?
October 02, 2024 05:49 AM AEST| By Team Kalkine MediaHighlights,WSP Global's fair value estimate using the DCF model is CA$265.,The stock is currently trading close to its intrinsic value at CA$240.,The fair value estimate exceeds the analyst price target by 2.4%.,WSP Global Inc. (,TSX:WSP,) operates w...
Why Is Toromont Industries' Stock Price Diverging From Its Earnings?
October 02, 2024 05:34 AM AEST| By Team Kalkine MediaHighlights:,Toromont Industries operates in the industrial equipment sector with a P/E ratio of 20.8x, higher than many of its peers.,The company has shown consistent earnings growth, distinguishing itself from others in a challenging market.,Market...

Why Have Veren Shareholders Stayed Ahead Despite Recent Setbacks?
October 02, 2024 05:28 AM AEST| By Team Kalkine MediaVeren Inc. operates within the industrial sector, focusing on advanced manufacturing solutions for various industries. While the company has experienced some short-term challenges, its long-term trajectory presents a mixed yet resilient picture.,In r...

Why Has Air Canada Struggled to Deliver in the Past Five Years?
October 02, 2024 03:10 AM AEST| By Team Kalkine MediaHighlights:,Five-Year Stock Decline:,Air Canada's shares have dropped by 62% over the last five years, largely reflecting industry-wide challenges.,Operational Adjustments:,The airline has implemented significant cost-cutting measures and expanded it...

Which Small Cap Stocks in Canada Are Flying Under the Radar?
October 02, 2024 02:18 AM AEST| By Team Kalkine MediaHighlights,Strong presence in Manufacturing and Aerospace & Aviation, with Aerospace as the primary revenue generator.,Notable insider confidence with share purchases between April and June 2024.,Consistent distribution of monthly dividends alongside...

Air Canada Stock Falls After Regulatory Fine
October 01, 2024 09:00 AM AEST| By Team Kalkine MediaHighlights,Air Canada faces a stock decline following a regulatory fine related to passenger rights, raising concerns about operational compliance and future financial performance.,The airline industry, already dealing with challenges like fluctuatin...

What Makes CCL Industries' Financial Health So Impressive?
October 01, 2024 07:09 AM AEST| By Team Kalkine MediaHighlights,CCL Industries effectively uses debt to support growth while managing associated risks.,Strong cash flow has enabled CCL to maintain a manageable level of debt without compromising financial stability.,The company’s strategy reflects a car...

What Drives AutoCanada Inc.'s Growth in a Competitive Market?
October 01, 2024 06:49 AM AEST| By Team Kalkine MediaHighlights:,AutoCanada (,TSX:ACQ,) amended its credit facility, enhancing financial flexibility through September 2025.,The company’s strategic plan focuses on cost reduction, portfolio optimization, and deleveraging.,Shares showed positive momentum...

Why Is Union Pacific Gaining Increased Confidence From Leading Institutions?
October 01, 2024 05:44 AM AEST| By Team Kalkine MediaHighlights,Royal Bank of Canada increases the price objective for Union Pacific, reflecting positive sentiment.,Union Pacific’s strategic initiatives in infrastructure and technology drive growth prospects.,The railroad sector remains pivotal in trad...

What Drives Toronto Dominion Bank’s Confidence in BorgWarner Inc.?
October 01, 2024 04:48 AM AEST| By Team Kalkine MediaHighlights:,Toronto Dominion Bank reduced its position in BorgWarner Inc. by 29.7% in Q2, selling 41,010 shares.,BorgWarner remains a prominent player in the auto parts sector, focusing on both conventional and electric vehicle markets.,BorgWarner's...

Are Savaria Executives Acting on Hidden Market Signals?
October 01, 2024 01:41 AM AEST| By Team Kalkine MediaHighlights:,Leadership Transaction,: Savaria’s Executive Chairman, Marcel Bourassa, sold 15% of his shares, netting approximately CA$41 million.,Sector Focus,: Savaria operates in the accessibility sector, providing mobility solutions for homes and b...

Nano One Secures U.S. Defense Funding to Boost LFP Battery Production
September 28, 2024 08:52 AM AEST| By Team Kalkine MediaHighlights,Nano One Materials Corp has secured funding from the U.S. Department of Defense to enhance its lithium iron phosphate production facilities in Canada, aiming to bolster energy security and supply chains.,The funding will support the Candia...

How Will Mixed Q2 Earnings Shape Canadian Pacific Kansas City?
September 28, 2024 06:45 AM AEST| By Team Kalkine MediaHighlights,Revenue Growth,: Canadian Pacific Kansas City reported an 8% increase in revenue in Q2, underscoring its operational effectiveness and market demand capture.,Strategic Expansion,: The opening of a new auto compound in Texas signifies CPKC'...

What Factors Are Driving Stantec's Rising Returns on Capital?
September 28, 2024 04:48 AM AEST| By Team Kalkine MediaHighlights,ROCE Growth,: Stantec shows a consistent increase in return on capital employed, reflecting improved efficiency in capital utilization.,Capital Expansion,: The company is expanding its capital employed, indicating a strong focus on reinves...

How Did The Lion Electric Company’s Loss Affect Shareholders?
September 28, 2024 03:48 AM AEST| By Team Kalkine MediaHighlights,Majority Retail Ownership,: Retail investors control 45% of Lion Electric, indicating significant influence over company decisions.,Institutional Pressure,: Institutional investors, owning 43%, experienced challenges with a recent drop in...

AtkinsRéalis Stock Faces Decline Despite Robust Financials
September 28, 2024 02:19 AM AEST| By Team Kalkine MediaHighlights,AtkinsRéalis Group's stock has declined, but its ROE offers insight into its operational efficiency.,Despite retaining profits, the company has faced shrinking earnings compared to industry growth.,Steady dividend payments reflect a focus...

Air Canada (TSX: AC) Pilots Agreement Sparks Market Optimism
September 27, 2024 08:40 AM AEST| By Team Kalkine MediaHighlights,Air Canada has secured a significant labor agreement with its pilots, leading to adjustments in revenue expectations and operational costs.,The agreement presents both challenges and opportunities, including potential impacts on passenger...
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