TSX Movers: Bonavista Energy, CAE, Enghouse Systems

TSX Movers: Bonavista Energy, CAE, Enghouse Systems

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Calgary energy producer's $100 million bought deal co-led by CIBC and Toronto Dominion Bank, aimed at reducing bank debt and exploring consolidation opportunities. It also highlights CEA's stock performance, boosted by Macquarie's rating upgrade, and potential plans for acquisitions or shareholder returns. Lastly, it covers Ends How Systems' acquisition of Net Boss Technologies, enhancing its product offerings in auto mapping and GIS.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of the $100 million raised by the Calgary energy producer?

To increase employee salaries

To invest in renewable energy projects

To pay down bank debt and explore consolidation opportunities

To expand into new markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which financial institutions are co-leading the Calgary energy producer's fundraising deal?

Bank of America and Wells Fargo

CIBC and Toronto Dominion Bank

HSBC and Barclays

Goldman Sachs and Morgan Stanley

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did Macquarie take regarding CEA's stock?

Upgraded it to outperform

Recommended selling the stock

Maintained a neutral rating

Downgraded it to underperform

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential future action for CEA as suggested by analyst Konark Gupta?

Reducing its workforce

Seeking a large acquisition or increasing shareholder returns

Entering the real estate market

Shifting focus to consumer electronics

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected benefit of Ends How Systems' acquisition of Net Boss Technologies?

Expanding into the European market

Reducing operational costs

Enhancing existing products with customer service analytics

Entering the automotive industry