Author: SmartStocks.ca Staff
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Cenovus Energy Solidifies Oil Sands Dominance with MEG Energy Takeover
The multibillion-dollar deal creates a massive production hub at Christina Lake while promising significant operational synergies Key Numbers Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has successfully maneuvered to acquire MEG Energy Corp. in a definitive agreement valued at $8.6 billion including debt which reinforces its status as a top-tier steam-assisted gravity drainage producer. The transaction consolidates highly Read more
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Tilray Brands to Implement Reverse Stock Split Amid Volatility
The cannabis company aims to align its share count and reduce costs following a decline in share price. Key Numbers Tilray Brands (TSX:TLRY)(NASDAQ:TLRY) is set to consolidate its massive share structure through a reverse stock split to attract institutional capital while contending with a stock price that has surrendered its summer gains. The global lifestyle Read more
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Shopify Delivers Strong Q3, Details “Agentic Commerce” AI Strategy
The company reported 32% revenue growth and its ninth consecutive quarter of double-digit free cash flow margins. Key Numbers From Q3 On Tuesday, Shopify (TSX:SHOP)(NASDAQ:SHOP) announced strong third-quarter 2025 financial results, driven by 32% growth in both revenue and Gross Merchandise Volume (GMV). The company also highlighted its strong operational discipline, posting an 18% free Read more
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CN Rail Boosts Profit but Cuts Jobs Amid Tariff Woes
The railway improved its Q3 operating ratio, but lagging stock performance and tariff-related layoffs cloud the outlook. Key Numbers Canadian National Railway (TSX:CNR)(NYSE:CNI) recently delivered strong third-quarter results with a $1.14 billion profit, even as it navigates a tough freight environment. The company confirmed it is laying off 400 managers as tariffs imposed by the Read more
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Restaurant Brands Tops Estimates as Value Menus Draw Diners
Burger King and Tim Hortons show resilient demand, offsetting consumer spending pressures. Key Numbers Restaurant Brands International (TSX:QSR)(NYSE:QSR) demonstrated its resilience by beating quarterly sales and profit estimates recently, proving its multi-brand strategy is working. The company’s success was driven by strong traffic at Tim Hortons, which remains largely insulated from U.S. economic pressures, and Read more
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Spin Master Faces Choppy Holiday Season as Q3 Profits Fall
Tariff impacts and shifting consumer behaviour create uncertainty for the toymaker despite growth in digital games. Key Numbers Spin Master Corp. (TSX:TOY), the company behind Paw Patrol and Rubik’s Cube, is bracing for an unpredictable holiday quarter as consumer behaviour becomes “less predictable.” The toymaker’s third-quarter revenue and profit both fell significantly compared to the Read more
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Bank of Canada Cuts Rates as Tariffs Squeeze Exports
The Bank of Canada (BoC) recently lowered its key interest rate to 2.25 per cent, marking the second consecutive rate cut. This decision comes at a crucial time, reflecting an economy under “immense strain” characterized by weaker-than-expected GDP performance and significant trade uncertainty exacerbated by increasing U.S. tariffs. The urgency for monetary stimulus became apparent Read more
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Gildan Posts Strong Adjusted Q3 Earnings Amid $2.2B Hanesbrands Takeover
Adjusted EPS grew 17.6% and sales climbed, but a new acquisition is key to jumpstarting stagnant growth Key Numbers Gildan Activewear Inc. (TSX:GIL)(NYSE:GIL) has seen its stock rise 32% this year, and it reported a solid third quarter with net sales climbing to $910.6 million and a strong 17.6% jump in adjusted earnings. This performance Read more
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This High-Yielding ETF Invests Equally in 10 Sectors
Meet SDOG, a fund built on a classic dividend strategy that offers serious diversification. Key Numbers The stock market has been on a tear for years, but as prices keep climbing, it’s only natural to feel a bit nervous. It’s probably a good time to think about protecting your portfolio. A classic one-two punch for Read more
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McDonald’s Nears Dividend King Status With 49th Straight Hike
The fast-food icon continues to reward long-term investors, proving its resilience in a tough economy. Key Numbers When it comes to reliable dividend growth stocks, it’s hard to ignore McDonald’s (NYSE:MCD). The fast-food giant has long been a favorite for investors thanks to its incredibly solid business, which just keeps churning out strong profits and Read more