The Latest Breaking News from TSX

Taoglas Waste Technologies entered a strategic collaboration with TELUS Corp (TSX:T) (NYSE:TU) regarding smart waste management solutions and services. The collaboration will combine TELUS Smart City solutions with the Taoglas Waste Insights software platform, allowing cities to enhance the operation of waste management systems. "We are pleased to team up with Taoglas Waste Technologies…

RBC Capital analyst Irene Nattel raised the price target for George Weston Ltd (TSX:WN) (OTC:WNGRF) to C$179 from C$165 with an Outperform rating on the shares. The analyst updated the model and valuation to reflect the actual Q1 share buyback at George Weston along with Q1 results. Nattel says that the constructive outlook on George Weston…

NFI Group Inc (TSX:NFI) (OTC:NFYEF) subsidiary New Flyer of America Inc. has received a new contract from the Dallas Fort Worth International Airport for four battery-electric, zero-emission Xcelsior CHARGE NG forty-foot heavy-duty transit buses. Financial terms were not disclosed. DFW is the second busiest airport globally, connecting 62.5 million customers to 267 international…

Innergex Renewable Energy Inc (TSX:INE) has awarded Mitsubishi Power an order for two utility-scale battery energy storage system (BESS) projects for its Emerald storage solution totaling 425 megawatt-hours in the Atacama desert of Northern Chile. Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (OTC:MHVYF). These projects will be colocated with existing…

Converge Technology Solutions Corp (TSX:CTS) (OTCQX:CTSDF) launched a new services product for International Business Machines Corp (NYSE:IBM) IBM Guardium Insights. Converge Enterprise Cloud for IBM Guardium Insights (CECIGI) is a cloud-agnostic, hosted, and managed solution for data security and compliance. The new offering is featured and available in the IBM product catalog. CECIGI allows clients…

Ag Growth International Inc (TSX:AFN) (OTC:AGGZF) increased its revolving credit facilities by ~C$150 million. The Series B and C Notes, with a principal amount owing of ~C$57 million, will be concurrently retired through the expanded credit facilities. Ag Growth's revolving credit facilities now total ~C$694 million. "While we will continue to carefully…

CGX Energy Inc. (TSXV:OYL) (OTC:CGXEF) and Frontera Energy Corp (TSX:FEC) (OTC:FECCF) have successfully discovered light oil in the Santonian and Coniacian and gas condensate in the Maastrichtian and Campanian at the Kawa-1 exploration well, offshore Guyana. The JV encountered hydrocarbons in multiple zones extending from 4,638 metres in the Maastrichtian to 6,568 metres in the…

Cargojet Inc (TSX: CJT) (OTC: CGJTF) declared a cash dividend of C$0.2860 per common voting share and variable voting share for the period from April 1, 2022, to June 30, 2022, representing an increase of 10.0% from the previous quarter.

Ballard Power Systems Inc (NASDAQ:BLDP) (TSX:BLDP) reported first-quarter revenue of $21 million, an increase of 19% year-over-year, driven by growth in Power Product sales, more than offsetting the decline in Technology Solutions revenue. EPS loss widened to $(0.14) compared to $(0.06) in 1Q21. The gross loss was $(0.2) million, compared to a $2.6…

Chorus Aviation Inc (TSX:CHR) (OTC:CHRRF) price target was raised to C$5 from C$4.75 by RBC Capital analyst Walter Spracklin. The analyst maintained the Outperform rating on the shares. Spracklin says, while Q1 was mixed, management provided solid new guidance on the back of the Falko acquisition. The analyst adds that the acquisition created the "world's…

Points.com Inc (NASDAQ:PCOM) (TSX:PTS) entered into an arrangement agreement with Plusgrade Parent L.P. to be acquired for $25 per common share in cash (equivalent to C$32.21). The transaction values Points at ~$385 million on an equity value basis. The consideration represents a 45% premium to Points' closing price on the TSX on May…