Friday's Canadian Stock Movers
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Transforce acquired XPO Logistics' North American truckload operations for $558 million, enhancing its US presence. Analyst Jason Seidl suggests a potential company split. Colliers International's shares fell after missing earnings expectations, despite positive future guidance. Methanex's stock was downgraded to hold by TD, but its target price was raised, indicating potential upside. Methanex reported a slight adjusted loss but exceeded revenue forecasts.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the revenue reported by Colliers International, and how did it compare to forecasts?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the target price raised to for Methanex, and what does it imply?
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