TSX Movers: Bonavista Energy, CAE, Enghouse Systems

The video discusses Calgary energy producer's plan to raise $100 million through a bought deal, co-led by CIBC and Toronto Dominion Bank, with proceeds aimed at debt reduction and consolidation. CEA's stock performance improved after Macquarie upgraded its rating, suggesting potential acquisitions or shareholder returns. Ends How Systems extended its rally by acquiring Net Boss Technologies, enhancing its product offerings in auto mapping and GIS.

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

• To increase marketing efforts

• To invest in renewable energy projects

• To pay down bank debt and explore consolidation opportunities

• To expand their workforce

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

• HSBC and Laurentian Bank

• CIBC and Toronto Dominion Bank

• Bank of Montreal and Scotiabank

• RBC and National Bank

What action did Macquarie take regarding CEA's stock?

• Downgraded it to underperform

• Maintained a neutral rating

• Issued a sell recommendation

• Upgraded it to outperform

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

• Launch a new product line

• Expand into new international markets

• Seek a large acquisition or increase shareholder returns

• Reduce operational costs

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

• To enter the European market

• To reduce production costs

• To enhance their existing products with customer service analytics

• To diversify into the healthcare sector