Tuesday Ticker: July 5, 2022
Toronto, Ontario — It’s Tuesday—let’s talk business! In this week’s Tuesday Ticker, General Motors sits poised to reclaim its role as leader of new vehicle sales in the U.S.; Lift adds five new facilities in the B.C. interior and AutoCanada preps for a buyback via a “modified Dutch auction.” The General takes the Crown General […]
Tuesday Ticker: June 28, 2022
Toronto, Ontario — This weekly Tuesday Ticker takes a look at Blackberry’s moves in the automotive space; some FFUN in Ontario and a $40 million investment into Canadian new vehicle sales. Fruits of labour BlackBerry, the once-popular, now defunct phone manufacturer, has benefitted from a capital resurgence as their BlackBerry QNX software increases growth within the […]
Tuesday Ticker: June 21, 2022
Toronto, Ontario — In this weekly stock update, Uber loses a North American exec and Tesla CEO Elon Musk makes some curiously timed layoffs. Do the Uber shuffle Dennis Cinelli, the head of Uber’s ride operations in the United States and Canada, is stepping down, according to reports from undisclosed sources. Cinelli is reported leaving […]
Tuesday Ticker: June 14, 2022
Toronto, Ontario — It’s all-electric in this weekly Tuesday Ticker as Tesla proposes a stock split; Rivian updates investors in its first annual shareholders’ meeting and two battery players join forces with B.C.-based Nano One Materials. 3-for-1, but not like the sales Tesla has filed its proxy statement for the upcoming annual meeting of stockholders, […]
Tuesday Ticker: June 7, 2022
Toronto, Ontario — Listen up for this weekly stock report! This week, a Quebec-based convenience giant teases plans to grow bigger, while a new rideshare service tests the waters in smaller B.C. cities. Charge with Couche-Tard Alimentation Couche-Tard said it has deployed “hundreds” of electric vehicle chargers available at 200+ North American locations over the […]
Tuesday Ticker: May 31, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Rivian sees some executive shake-ups amid an already tumultuous year, while another battery tech player sets its sights on Quebec’s cathode active materials (CAM). Do the Rivian shuffle Rivian is reorganizing its executive ranks as one of its top manufacturing officers parts ways with the EV automaker. […]
Tuesday Ticker: May 24, 2022
Toronto, Ontario — Ford throws seven million more Rivian shares up for sale while Uber tries to offset its losses in Collision Repair’s weekly Tuesday Ticker. Red-tag item, Rivian Last week, it was reported Ford Motor Co. had offloaded eight million shares in electric vehicle startup Rivian. On Monday, May 16, the automaker sold a […]
Tuesday Ticker: May 17, 2022
Toronto, Ontario — This week, Ford ditches more than 15 million of its shares in Rivian, while a company known for car ‘vending machines’ finds itself in hard times. Rough week for Rivian Ford has offloaded more than US$400 million in Rivian shares this past week. The automaker sold eight million shares of Rivian on […]
Tuesday Ticker: May 10, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada picks up two luxury dealerships in Ontario, teasing the potential to expand its collision services; Uni-Select reports a “strong start” to the year with its Q1 2022 financial results, and a Toronto-based parts maker sees big drops in net profits. Leaning on luxury AutoCanada added two […]
Tuesday Ticker: May 3, 2022
Toronto, Ontario — This week, LKQ beats out analyst estimates with its Q1 2022 earnings report; Volkswagen considers Canada for future electrified business and Tesla CEO Elon Musk makes a deal to buy Twitter. LKQ’s leap LKQ reported its Q1 2022 earnings last week, beating out analyst estimates with earnings of US$1 per share. Zacks […]
