Category : Corporate News


Apotex Seeks $1 Billion IPO in Toronto Market

Canadian generic drug giant Apotex plans a major IPO in Toronto, potentially raising up to $1 billion in the first half of the year, marking a significant move amid a resurgence in Canadian public offerings.

Home Depot Reaffirms Forecasts on Pro Customer Demand

Home Depot has reaffirmed its annual financial forecasts, citing sustained demand from professional customers as a key driver. The home improvement retailer's outlook remains steady despite broader economic uncertainties.

Loblaw $2.4B Investment: 70 New Stores in 2026

Loblaw Cos. Ltd. reveals a $2.4 billion investment plan for 2026, featuring 70 new stores and renovations, as part of its $10 billion five-year strategy to boost the Canadian economy.

Passive Investments Inflate Company Valuations: Strategist

Michael Green, chief investment strategist at Simplify Asset Management, highlights the market risks posed by the surge in passive investing, which he argues artificially inflates company valuations and could lead to instability.

PayPal Takeover Interest After Stock Slump

PayPal Holdings Inc. is drawing acquisition interest from potential buyers after its stock value dropped nearly 50%, with shares surging on the news as the company faces modernization challenges.

DJ Gets 4+ Years for Selling Fake Jet-Engine Parts

A former aircraft-parts trader was sentenced to four years and eight months in prison for selling falsified components to airlines worldwide, causing nearly £40 million in damages and forcing costly engine repairs.

Loblaw to Invest $2.4B in 2026, Create 9,700 New Jobs

Canada's retail giant Loblaw reveals a substantial $2.4 billion investment strategy for 2026, aimed at expansion and innovation, promising to generate nearly 10,000 new employment opportunities across the nation.

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