-- EQB（EQB.TO）週二宣布，已獲得聯邦政府批准，可以繼續推進其從Loblaw Companies（L.TO）手中收購PC Financial的交易。 此前，加拿大金融機構監管辦公室（OSFI）已提出建議，加拿大競爭局也於今年3月批准了這項收購案。 EQB去年12月宣布，將以8億加元的現金和股票收購PC Financial。 Loblaw將持有該公司至少17%的股權，而EQB將成為PC Optimum忠誠度計畫的獨家財務合作夥伴。 此次收購將使EQB的客戶總數增加至330萬加拿大人，並新增58億加幣的資產和8億加幣的直接零售存款。 EQB表示，收購完成後，將能夠透過一個整合的生態系統，為超過1800萬活躍的PC Optimum忠誠度計劃會員提供日常銀行、貸款、支付和獎勵服務。 預計此次收購將於今年夏季完成。 EQB股票在多倫多證券交易所最新上漲0.98美元，收在122.24美元。 Loblaw股票上漲0.58美元，收在62.56美元。
Price: $122.37, Change: $+1.11, Percent Change: +0.92%
Cerence (CRNC) filed a lawsuit against Amazon.com (AMZN) in the US District Court for the Eastern District of Texas, alleging infringement of multiple patents related to automatic speech recognition and related technologies, according to a Monday court filing.The complaint claims a range of Amazon devices, including Echo smart speakers, Echo Show displays and Fire TV and Fire tablet products, infringe five Cerence patents. Cerence is seeking damages, enhanced damages for alleged willful infringement and other relief including an injunction.Amazon.com did not immediately respond to' request for a comment.Price: $10.07, Change: $-0.29, Percent Change: -2.80%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month price target to $80 from $110, based on a 2027 P/E of 12.0x, a justified discount to APTV's 10-year forward P/E multiple of 23.6x. After adjusting our estimates for the recent Versigent spin-off, we lower our adjusted EPS estimates to $6.25 from $8.60 for '26 and to $6.65 from $9.30 for '27. We are maintaining our Strong Buy opinion on the shares, as the remaining company is a higher-margin business following the spin-off of the former Electrical Distribution Systems (EDS) segment. EDS generated much lower margins than the rest of Aptiv (an adjusted operating margin of 7.6% vs. 12.1% for the consolidated company in 2025). While APTV maintained prior full-year guidance, we think the guidance will prove conservative after a much better-than-expected Q1, and the stock remains one of our top picks in the auto parts and equipment sub-industry. We continue to like APTV's history of conservative guidance, strong execution, solid new business backlog, and aggressive share repurchases.
The Toronto Stock Exchange is up 15 points at midday with most sectors higher.The best performers are miners and healthcare, both up 2%, followed by energy, up 1.3%.Offsetting gains is info tech, which is down 3.9%. Shopify (SHOP.TO) which reported its first-quarter earnings this morning, is down 12.5% to $151.60, with 2.4 million shares being traded. The company's second-quarter profit outlook missed expectations as it projected operating expenses of between 35% and 36% of revenue.In other news, focus was on the release of Canadian trade data for March, which CIBC described as "surging and glittering". The bank noted a $1.8 billion goods trade surplus compared with a $5.1 billion deficit in the prior month and consensus expectations for a $2.5 billion shortfall. Total exports surged by 8.5%, driven almost exclusively by metals and energy. Excluding those two areas, exports were up by a much more modest 1.1%. Auto exports rebounded further from January's low (+4.5%) but remained roughly 20% down on a year-over-year basis. Adding in services trade, which was fairly balanced in March, Canada's total trade balance with the world moved from a deficit of $5.0 billion in February to a $1.7 billion surplus.CIBC said: "While a trade surplus in March was unexpected, it was mainly driven by price fluctuations rather than any signs that real economic activity was stronger than anticipated. Combined with signs last week that higher gasoline prices may already be having a negative impact on consumer spending, we continue to expect only modest GDP growth this year and little evidence that slack within the economy is being absorbed. That should see the Bank of Canada look through a near-term spike in headline inflation, keeping interest rates on hold this year."