Price: $37.27, Change: $-0.04, Percent Change: -0.11%
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Air Transat Launches New Non-Stop Service Between Montreal and Istanbul
Air Transat, a business unit of Transat A.T (TRZ.TO), announced Friday the launch of a new non-stop route between Montreal (YUL) and Istanbul (IST), starting Oct. 29, 2026.Operated year-round on an Airbus A330, the service will run twice weekly, on Tuesdays and Thursdays, said the company.Combined with three weekly flights from Toronto, travellers from across Canada, from Halifax to Vancouver, including Ottawa, Quebec City, Winnipeg and Calgary, will now have access to up to five weekly flights to Istanbul, it added."Expanding our program from our hometown is great news for Quebecers and the local business community," said Sebastian Ponce, Chief Revenue Officer at Transat. "Through our partnership with Turkish Airlines, Istanbul becomes much more than a destination, it's a gateway to one of the most diverse global networks, spanning the Middle East, Asia, Africa and the Caucasus."Transat A.T shares were last seen down $0.01 at $2.62 on the Toronto Stock Exchange.Price: $2.62, Change: $-0.01, Percent Change: -0.38%
Nevada Organic Phosphate Closes the Final Tranche of a Private Placement That Raised of $5.75 Million
Nevada Organic Phosphate (NOP.CN) closed the second and final tranche of a non-brokered private placement that raised of $705,734, bringing total proceed from the offer to $5.75 million.The company placed 3.9-million units in the tranche, with each priced at at $0.18 each and made up of a share and one half of a three-year warrant to buy a share for $0.30.Proceeds are expected to be used for a phase two drill program at its Murdock Mountain Property and for general working capital needs.Shares of the company were last seen up $0.01 to $0.235 on the Canadian Securities Exchange.Price: $0.24, Change: $+0.01, Percent Change: +4.44%
CIBC Lifts BRP Price Target to $94.00, Keeps Outperformer Rating
CIBC Capital Markets raised its price target on the shares of BRP (DOO.TO) to $94.00 from $90.00 after the company reported a strong beat for its first-quarter results.Analyst Mark Petrie, who is maintaining an outperformer rating on the company, said consumer demand held better than expected.Management provided updated F2027 guidance including the effects of Section 232 tariffs, and metrics were better than feared, Petrie adds."While there is still substantial uncertainty on the specific path for tariffs, we believe risk skews in BRP's favour." Even though there is still downside to shares if this does not play out, Petrie believes the risk-reward is favourable, and BRP has levers should the downside scenario materialize.Price: $79.01, Change: $-1.92, Percent Change: -2.37%