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Monday's Canadian Stock Highlights

Monday's Canadian Stock Highlights

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses several financial and market updates. It begins with Cinven receiving its first payment from a Canadian drugmaker, which was delisted from the NASDAQ Biotech index due to market capitalization issues. Bombardier's stock performance improved significantly, attributed to reduced capital spending and increased orders. Lastly, Mitel Networks shifted its focus to cloud-based communications, approved a buyback program, and anticipated a significant write-down in the fourth quarter.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What payment did the company make to the European private equity firm Cinven?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the Canadian drugmaker say about its liquidity?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reason for the company being taken off the NASDAQ Biotech index?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the improved picture for the Canadian aircraft maker Bombardier?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant action did Mitel's board approve regarding its mobile business?

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OFF

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