Tuesday Ticker: March 23, 2021
Toronto, Ontario — In this week’s Tuesday Tickers, U.S. officials set their eyes on Canada for EV material production, Porsche further considers the idea of an initial public offering and market analysts make wild predictions on Tesla’s future share prices. Scouting success On Thursday, the U.S. Department of Commerce is hosting a closed-door virtual meeting […]
Boyd Howdy: Boyd Group announces $0.141 cash dividend for Q1
Winnipeg, Manitoba — Boyd Group Services Inc. announced on Wednesday that it’s quarter one cash dividend will be $0.141 per common share. The Winnipeg-based collision repair banner said in their announcement that the dividend will be payable on April 28 to common shareholders of record at the close of business on March 31. For more […]
Tuesday Ticker: March 16, 2021
Toronto, Ontario — Ontario embarks on a virtual trade tour to encourage business with California’s auto sector, Canadian Uber workers reject the company’s proposal to soothe tensions and Axalta acquires a Chinese wire-enamel company in this week’s Tuesday Ticker. Ontario on tour The Ontario government is currently leading 18 of what it calls “the province’s […]
Tuesday Ticker: March 9, 2021
Toronto, Ontario — This week’s Tuesday Ticker sees Canadian Uber employees issue complaints, a Canadian auto parts maker’s Q4 profits drop by 12 percent and General Motors extends microchip shortage closures. Courier complaints A recent report straight from Uber Technologies says the company’s Canadian drivers and couriers don’t think they receive dependable earnings. Out of […]
Charging up Wall Street: ChargePoint Holdings Inc. first EV network to enter NYSE
Campbell, California — ChargePoint Holdings Inc. just broke new ground as the first electric vehicle (EV) charging network to hit the trading room floor at the New York Stock Exchange (NYSE). Now trading under the ticker symbol of CHPT, ChargePoint recently completed an acquisition deal with Switchback Energy Acquisition Corporation that helped the company complete […]
Tuesday Ticker: March 2, 2021
Toronto, Ontario — In this week’s Tuesday ticker, a recent report indicates a consumer switch to private transportation, even pre-pandemic; Quebec-based HGreg auto group joins the cryptocurrency frenzy and Boyd Group preps for its 2020 Q4 results call. Passengers say, ‘Ta-ta, TTC’ A new report calculates that millions of Toronto transit riders dropped their TTC […]
Tuesday Ticker: February 23, 2020
Toronto, Ontario — In this week’s Tuesday Ticker, Magna shatters Q4 2020 Wall Street expectations, LKQ reports its fourth-quarter results and Toronto-based auto parts maker ABC Technologies makes its trading debut with a thinner-than-expected IPO. Magna makes moves Magna beat Wall Street expectations for its 2020 fourth-quarter net income, reporting a 68 percent increase to […]
Through the Storm: Uni-Select reports 2020 full year financial results, says automotive aftermarket businesses fared better than refinish business
Boucherville, Québec — Uni-Select has reported its financial results for Q4 2020 and the year ended Dec. 31, 2020. According to the company, Sales for 2020 were down 15 percent, with performance largely impacted by the pandemic. Sales for 2020 Q4 were down 11.2 percent compared to the same quarter in 2019—“in line with those […]
Li-Cycle Listed: Ontario battery recyclers files to go public on NYSE
Mississauga, Ontario – Li-Cycle is raising funds for global expansion by going public on the New York Stock Exchange (NYSE) in a deal that values the battery recycler at US$1.7 billion, the company announced Tuesday. The five-year-old private company has unveiled plans to merge with Peridot Acquisition Corp., an NYSE-listed special acquisition corporation (SPAC). If […]
Tuesday Ticker: February 16, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Toyota continues its record-breaking results for 2020, Uber reports losses offset by food deliveries and Elon Musk’s brother and Tesla board member gives up a portion of his Tesla shares. Toyota at the top Toyota has reported that its quarterly operating profit rose to 987.9 billion yen […]