The Latest Breaking News from TSX

GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Salford Group, a manufacturer of tillage and crop nutrition application equipment, to Linamar Corp (TSX:LNR) (OTC:LIMAF) for C$260 million. The acquisition will expand Linamar's agriculture portfolio. Following the acquisition, Salford Group will continue to leverage its established manufacturing…

SNC-Lavalin Group Inc (TSX:SNC) (OTC:SNCAF) has been selected for a second term as the statewide Intelligent Transportation Systems (ITS) Communications General Consultant for the Florida Department of Transportation (FDOT). SNC has provided this service for the FDOT Central Office Traffic Engineering and Operations Office since 2017. Under the five-year, $22 million contract, with…

Cenovus Energy Inc (NYSE:CVE) (TSX:CVE) reported a first-quarter basic EPS of C$0.81 compared to C$0.10 in 1Q21. Q1 total revenues increased to C$16.2 billion from C$13.7 billion in the previous quarter, driven by higher average realized sales prices for the company's products across the Upstream and Downstream businesses. The total operating margin was…

Winpak Ltd. (TSX:WPK) (OTC:WIPKF) reported first-quarter revenue growth of 22.8% year-over-year to $275.98 million. Selling price and mix changes had a favorable effect on revenue of $51.4 million as the substantial increase in raw material and other costs throughout 2021 resulted in higher selling prices to customers. Gross margin expanded by…