Consumer Staples

  • 10:55 AM

    During trading hours, Archer-Daniels-Midland Company (ADM: US) posted a first quarter EPS beat, which was led by very solid margins in Oilseeds Processing, somewhat counterbalanced by poorer results in Corn Processing. Archer Daniels Midland Company (ADM) today reported financial results for the quarter ended March 31, 2015. The company reported adjusted earnings per share1 of

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  • 1:13 PM

    July 16, 2015 : Magna International Inc. (TSX: MG, NYSE: MGA) today announced that it has signed an agreement to acquire the Getrag Group of Companies (“Getrag”), one of the world’s largest suppliers of automotive transmissions. Getrag has an 80-year history in transmissions and is a technology leader, offering a range of transmission systems which

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  • 11:08 PM

    RONA inc. (TSX: RON, RON.PR.A) announces it has signed a letter of intent to acquire the 20 franchise stores in its network, 17 big-box stores and three proximity stores, operating under the banners RONA, RONA L’entrepôt and RONA Home & Garden. The stores, 18 in Quebec and two in Ontario, have a combined workforce of

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  • 8:38 PM

    After the market closed, The Andersons, Inc. (ANDE:US) delivered first quarter EPS of $0.14, lower than the Street at $0.34 and our forecast of $0.40. ANDE missed our estimate mainly because of poorer results in the Grain division, as well as the Plant Nutrient (lower fertilizer sales volume) and Rail (lower surges on railcar sales)

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  • 9:13 PM

    We have started coverage on the common shares of GDI Integrated Facility Services Inc. (GDI:CN) Integrated Facility Services Inc. with a “Sector Outperform” rating and a 12 months target of $23.00 per share. For the six-month period, revenue increased by $51.1 million , or 17.8%, to reach $338.5 million , and the second quarter revenue

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  • 8:33 PM

    Martinrea International Inc. (MRE: CN)’s second quarter outlook remained well ahead of our estimates and consensus: the firm is guiding for EPS of $0.37 to $0.41 (on production sales of $920 million to $960 million) versus our forecast of $0.34 (on $905 million) and consensus of $0.35. First quarter saw an EPS beat: $0.36 versus

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