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Morning News Call - Canada, September 13

Morning News Call - Canada, September 13 To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.refinitiv.com/MorningNewsCallENsubscriptionpage ECONOMIC EVENTS 0830 Capacity Utilization for Q2: Prior 78.5% 0830 Wholesale Trade MM for July: Expected -1.1%; Prior -0.6% EX-DIVIDENDS Alimentation Couche-Tard Inc: Amount C$0.175 B
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Air Canada, BRP, TCP Energy

CANADA RESEARCH ROUNDUP-Air Canada, BRP, TCP Energy Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Air Canada, BRP and TCP Energy on Tuesday. HIGHLIGHTS * Air Canada AC.TO : ATB Capital Markets cuts target price to C$26.5 from C$27 * BRP Inc DOO.TO : D.A. Davidson cuts target price to C$96 from C$105 * Filo Corp FIL.TO : RBC cuts target price to C$33 from C$34 * G Mining Ventures Corp GMIN.TO : Jefferies raises to buy from
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Cameco, Lundin Gold, Nexgen Energy

CANADA RESEARCH ROUNDUP-Cameco, Lundin Gold, Nexgen Energy Sept 4 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Cameco, Lundin Gold and Nexgen Energy, on Wednesday. HIGHLIGHTS * Boardwalk REIT BEI_u.TO : TD Cowen raises PT to C$100 from C$95 * Cameco Corp CCO.TO : National Bank of Canada initiates coverage with outperform rating * Dream Unlimited Corp DRM.TO : TD Cowen raises target price to C$35 from C$33 * Lundin Gold Inc LUG.T
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China steel woes will recast miners' M&A desires

RPT-BREAKINGVIEWS-China steel woes will recast miners' M&A desires The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Refiles to add hyperlink. By Antony Currie MELBOURNE, Aug 27 (Reuters Breakingviews) - Mike Henry sure likes to downplay his acquisitive tendencies. While unveiling results for the year to the end of June on Tuesday, the BHP BHP.AX boss declared that his $47 billion tilt for Anglo American AAL.L earlier this year "wasn't Plan A for us".
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China steel woes will recast miners' M&A desires

BREAKINGVIEWS-China steel woes will recast miners' M&A desires The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Refiles to add hyperlink. By Antony Currie MELBOURNE, Aug 27 (Reuters Breakingviews) - Mike Henry sure likes to downplay his acquisitive tendencies. While unveiling results for the year to the end of June on Tuesday, the BHP BHP.AX boss declared that his $47 billion tilt for Anglo American AAL.L earlier this year "wasn't Plan A for us".
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Australia's Whitehaven Coal to sell 30% Blackwater mine stake to Nippon Steel, JFE

UPDATE 2-Australia's Whitehaven Coal to sell 30% Blackwater mine stake to Nippon Steel, JFE Nippon Steel to pay $720 mln for 20% stake in mine JFE to pay $360 mln for 10% share Nippon Steel, JFE may hunt for more coking coal assets Adds summary points, steelmakers' comments; paragraphs 5-13 By Himanshi Akhand and Yuka Obayashi Aug 22 (Reuters) - Whitehaven Coal WHC.AX has struck separate deals with Japan's Nippon Steel 5401.T and JFE Steel to sell stakes of 20% and 10%, respectively, in its Blac
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Consol Energy, Arch Resources strike merger deal to create $5 bln coal mining giant

UPDATE 3-Consol Energy, Arch Resources strike merger deal to create $5 bln coal mining giant Deal creates one of the largest US coal companies Combined company to export bulk of production to Asia Arch stockholders to own about 45% of combined company Consol shareholders to own rest Adds Consol CEO comment in paragraphs 3 and 4, updates shares in paragraph 5 By Sourasis Bose Aug 21 (Reuters) - Arch Resources ARCH.N will merge with Consol Energy CEIX.N in an all-stock deal to create a North Ameri
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Initial bids for Anglo's Australian coal mines due by Sept 9, sources say

UPDATE 1-Initial bids for Anglo's Australian coal mines due by Sept 9, sources say Adds no comment from Anglo in paragraph 4, details on potential acquirers from paragraph 6 By Melanie Burton MELBOURNE, Aug 20 (Reuters) - First-round bids for Anglo American's AAL.L Australian metallurgical coal mines are due by Sept. 9, two sources said on Tuesday, as CEO Duncan Wanblad takes initial steps to simplify the company after rejecting a takeover offer from BHP BHP.AX .
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Extendicare, Tidewater Renewables, Topaz Energy

CANADA RESEARCH ROUNDUP-Extendicare, Tidewater Renewables, Topaz Energy Aug 19 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Extendicare, Tidewater Renewables and Topaz Energy, on Monday. HIGHLIGHTS * Bank of Montreal BMO.TO : Scotiabank cuts target price to C$123 from C$129 * Extendicare Inc EXE.TO : RBC raises target price to C$9.50 from C$8.50 * Lundin Mining Corp LUN.TO : Scotiabank raises to sector outperform from sector per
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Glencore may be the next UK listing to head west

BREAKINGVIEWS-Glencore may be the next UK listing to head west The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Updates to add graphic. By Karen Kwok LONDON, Aug 7 (Reuters Breakingviews) - Gary Nagle is flipping the script. The boss of $61 billion Swiss miner Glencore GLEN.L on Wednesday said he would drop a proposal to spin off his coal business via a New York initial public offering.
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UK Stocks-Factors to watch on August 7

UPDATE 1-UK Stocks-Factors to watch on August 7 Adds new items, updates futures Aug 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 1.1%. * GLENCORE: Glencore GLEN.L will not spin off its coal business after securing backing from the majority of its investors who see lucrative earnings from the fossil fuel after the commodities giant's recent acquisition of Teck Resources' TECKb.TO coking coal assets, it said.
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Rio Tinto open to big copper buys but cautious of overheated market

UPDATE 4-Rio Tinto open to big copper buys but cautious of overheated market Recasts, adds CEO comments in paragraph 5-6, share price move By Melanie Burton and Rishav Chatterjee MELBOURNE, July 31 (Reuters) - Rio Tinto may consider a large acquisition but it would have to provide value that is hard to find amid a copper market that is running hot, CEO Jakob Stausholm said on Wednesday while discussing its first-half results.
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Emera, Fortis, Teck Resources

CANADA RESEARCH ROUNDUP-Emera, Fortis, Teck Resources July 25 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Emera, Fortis and Teck Resources, on Thursday. HIGHLIGHTS * ATS Corp ATS.TO : Stifel cuts target price to C$65 from C$68 * Emera Inc EMA.TO : JP Morgan raises target price to C$46 from C$45 * Fortis Inc FTS.TO : JP Morgan raises target price to C$53 from C$52 * Goeasy Ltd GSY.TO : BMO raises target price to C$215 from C$208
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Morning News Call - Canada, July 24

Morning News Call - Canada, July 24 To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.refinitiv.com/MorningNewsCallENsubscriptionpage ECONOMIC EVENTS 0830 New housing price index for June: Prior 0.2% 0945 BoC rate decision for July: Expected 4.50%; Prior 4.75% COMPANIES REPORTING RESULTS July 24: Athabasca Oil Corp: Expe
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Morning News Call - Canada, July 23

Morning News Call - Canada, July 23 To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.refinitiv.com/MorningNewsCallENsubscriptionpage COMPANIES REPORTING RESULTS July 23: Canadian National Railway Co: Expected Q2 earnings of C$1.93 per share First Quantum Minerals Ltd: Expected Q2 loss of 4 cents per share July 24: Athab
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Teck Resources Ltd <TECK.N> expected to post earnings of 69 cents a share - Earnings Preview

Teck Resources Ltd expected to post earnings of 69 cents a share - Earnings Preview Teck Resources Ltd TECK.N , TECK.K is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2024 The Vancouver British Columbia-based company is expected to report a 13.5% increase in revenue to C$3.993 billion from C$3.52 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
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Constellation Software, George Weston, Metro

CANADA RESEARCH ROUNDUP-Constellation Software, George Weston, Metro July 22 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Constellation Software, George Weston and Metro, on Monday. HIGHLIGHTS * Constellation Software Inc CSU.TO : RBC raises target price to C$4700 from C$4300 * George Weston Ltd WN.TO : TD Cowen raises target price to C$242 from C$226 * Metro Inc MRU.TO : TD Cowen raises to buy from hold * TMX Group Ltd X.TO : TD
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Altagas, Prairiesky Royalty, TMX Group

CANADA RESEARCH ROUNDUP-Altagas, Prairiesky Royalty, TMX Group July 19 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Altagas, Prairiesky Royalty and TMX Group, on Friday. HIGHLIGHTS * Altagas Ltd ALA.TO : JP Morgan raises target price to C$36 from C$33 * Franco-Nevada Corp FNV.TO : BMO raises target price to C$212 from C$210 * Prairiesky Royalty Ltd PSK.TO : ATB Capital Markets raises target to C$30 from C$28.5 * TMX Group Ltd X.
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CCL Industries, Interfor, Stella-Jones

CANADA RESEARCH ROUNDUP-CCL Industries, Interfor, Stella-Jones July 18 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including CCL Industries, Interfor and Stella-Jones, on Thursday. HIGHLIGHTS * CCL Industries Inc CCLb.TO : CIBC raises target price to C$86 from C$83 * Interfor Corp IFP.TO : CIBC cuts to neutral from outperformer * Stella-Jones Inc SJ.TO : CIBC raises target price to C$94 from C$86 * Teck Resources Ltd TECKb.TO : JP Morgan
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Corus Entertainment, North West Company, Stelco Holdings

CANADA RESEARCH ROUNDUP-Corus Entertainment, North West Company, Stelco Holdings July 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Corus Entertainment, North West Company and Stelco Holdings, on Tuesday. HIGHLIGHTS * Alpha Cognition Inc ACOG.CD : Raymond James raises to outperform from market perform * Corus Entertainment Inc CJRb.TO : TD Cowen cuts to sell from hold * Franco-Nevada Corp FNV.TO : BMO raises target price to C$
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Zřeknutí se odpovědnosti: Subjekty skupiny XM Group poskytují služby a přístup do naší online obchodní platformy v režimu „execution-only”, což osobám umožní prohlížet a/nebo použít obsah, dostupný zde nebo prostřednictvím webové stránky, který není určený ke změně nebo šíření. Na takový přístup a použití se vždy vztahují: (i) Všeobecné obchodní podmínky; (ii) Upozornění na rizika; a (iii) Úplné zřeknutí se odpovědnosti. Takový obsah je proto poskytovaný pouze jako obecné informace. Mějte především na paměti, že obsah naší online obchodní platformy není ani žádostí, ani nabídkou vstupu do jakýchkoliv transakcí na finančních trzích. Obchodování na jakémkoliv finančním trhu zahrnuje významnou úroveň rizika pro váš kapitál.

Veškerý materiál, zveřejněný na naší online obchodní platformě, je určený pouze pro vzdělávací/informační účely a neobsahuje ani by neměl být považovaný za finanční, investiční, daňové nebo obchodní rady a doporučení, ani záznamy o našich obchodních cenách, nebo nabídku transakce s jakýmikoliv finančními instrumenty, či nevyžádadnou propagaci pro vaši osobu.

Jakýkoliv obsah třetích stran a také obsah, připravený společností XM, jako jsou názory, novinky, výzkum, analýzy, ceny, další informace nebo odkazy na webové stránky třetích stran, které jsou zobrazeny na tomto webu, jsou poskytovány v neupravené verzi jako obecný tržní komentář, a nepředstavují investiční radu. Pokud je jakýkoliv obsah uváděný jako investiční výzkum, musíte si uvědomit a přijmout, že tento obsah nebyl určený a nebyl připravený v souladu se zákonnými požadavky, vytvořenými pro podporu nezávislosti investičního výzkumu, a jako takový by měl být podle příslušných zákonů a předpisu považovaný pouze za marketingovou komunikaci. Ujistěte se, že jste si přečetli a plně rozumíte našemu Oznámení o seznámení se s riziky a investičním výzkumu, který není nezávislý, týkající se výše uvedených informací, a ke kterým lze přejít zde.

Upozornění na riziko: Váš kapitál je ohrožený. Produkty s pákovým efektem nemusí být vhodné pro každého. Zvažte prosím naše Zveřejnění rizik.