|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||77.80 - 77.80|
|52 Week Range||59.54 - 79.41|
|Beta (5Y Monthly)||0.27|
|PE Ratio (TTM)||11.07|
|Earnings Date||Jul. 14, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Cogeco Inc. (TSX: CGO) and Cogeco Communications Inc. (TSX: CCA) plan to release their financial results for the third quarter of fiscal 2021, ending May 31, 2021, on Wednesday, July 14, 2021, after market closing.
Cogeco Inc. (TSX: CGO) is pleased to announce the appointment of Caroline Paquet as President of Cogeco Media, its radio broadcasting subsidiary. This appointment will take effect on July 5, 2021.
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,171.66, down 32.04 points) Royal Bank of Canada (TSX:RY). Financials. Up 16 cents or 0.14 per cent, to $117.34 on 7.4 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up $1.01, or 3.91 per cent, to $26.82 on 7.1 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Up 56 cents, or 5.93 per cent, to $10.01 on 6.0 million shares. Toronto-Dominion Bank (TSX:TD). Financials. Down 16 cents, or 0.19 per cent, to $82.96 on 5.8 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up three cents, or 3.33 per cent, to 93 cents on 5.5 million shares. Supreme Cannabis Co. Inc. (TSX:XSP). Health Care. Unchanged at 38.5 cents on 5.1 million shares. Companies in the news: Cogeco Inc. (TSX:CGO). Up 91 cents or 0.94 per cent to $98.25. Cogeco Inc. says its second-quarter net profit was $110.2 million, down from a year ago, as higher financial and income tax expenses offset revenue gains at its main subsidiary. The Montreal-based company, which successfully fended off a hostile takeover attempt by Rogers Communications Inc. last year, says its net profit for the three months ended Feb. 28 was equal to $2.11 per diluted share. The result compared with a net profit of $113.4 million or $2.18 per diluted share in the second quarter of the company's 2020 financial year. Cogeco's revenue rose to $653.2 million from $610.8 million a year ago, most of it generated by its publicly traded telecommunications subsidiary. Cogeco Communications Inc. reported separately revenue of $634.5 million for the three months ended Feb. 28, up from $586.5 million a year earlier. The cable and internet subsidiary, which operates in Quebec, Ontario and the United States, earned $110.6 million or $2.14 per Cogeco Communications share, down from $114.0 million or $2.22 per share a year earlier. Revenue at Cogeco Communications was up mainly because of a friendly takeover of Quebec-based DERYTelecom, which closed in December. ATS Automation Tooling Systems Inc. (TSX:ATA). Up 50 cents or 1.9 per cent to $27.09. ATS Automation has signed a deal to buy U.S. company BioDot Inc., a manufacturer of automated fluid dispensing systems, for $106 million. California-based BioDot was founded in 1994 and makes non-contact and quantitative fluid dispensing systems. The company employs 94 people spread across its two U.S. manufacturing facilities and locations in China and the United Kingdom. ATS says BioDot will continue to be led by its long tenured CEO, Tony Lemmo. The deal is expected to close in the second quarter of 2021, pending customary regulatory filings. ATS says it plans to fund the acquisition by drawing on its revolving credit facility. TVA Group Inc. (TSX:TVA.B). Up nine cents or 3.98 per cent to $2.35. TVA Group says France Lauziere, the company's president and CEO and chief content officer of Quebecor Content, is stepping away from her duties for up to six months. The company says the move is for family reasons and that it understands the decision and fully supports Lauziere. Quebecor CEO Pierre Karl Peladeau will assume her duties at TVA Group and Quebecor Content on an acting basis. TVA Group is a subsidiary of Quebecor Media Inc. It is North America's largest broadcaster of French-language entertainment, news and public affairs programming. Lauziere was named CEO of TVA Group and chief content officer of Quebecor Content in October 2017. This report by The Canadian Press was first published April 14, 2021. The Canadian Press