Browsing Tag
Montréal
6 posts
Coveo (CVO) acquires Anglera as core SaaS revenue grows 12%, but $14.9m cash outflow raises questions
Coveo has acquired AI product data specialist Anglera, expanding its commerce platform beyond search and recommendations into automated product catalogue enrichment. The deal coincides with record new business bookings and improving profitability, but the undisclosed purchase price, weaker operating cash flow and uncertain conversion of AI traffic into sales remain important tests.
MDA Space secures Thales Alenia Space antenna contract for 66 European IRIS² satellites
MDA Space has secured an initial contract worth more than C$100 million to supply digital antenna systems for 66 satellites in Europe's IRIS² secure communications constellation. The agreement strengthens its position in sovereign satellite infrastructure, but the larger contract remains subject to finalisation while investors assess cash consumption, capital investment and the company's growth outlook.
Canada and EU launch new alliance as Mark Carney explores associate membership
Canada and the European Union have launched an Alliance for the Future covering economic security, digital trade, defence, energy and critical minerals. Prime Minister Mark Carney is also exploring a new form of association with the EU that would stop short of full membership, although its legal and institutional terms remain undecided.
Power Sustainable plans to mobilize more than C$10bn into Canadian infrastructure
Power Sustainable plans to invest and mobilize more than C$10 billion into Canadian infrastructure and related businesses over five years, a target exceeding twice its current assets under management but including capital from partners and investors.
Air Canada (TSX: AC) locks in four-year IAMAW agreement across maintenance and airports
Air Canada has secured IAMAW ratification for a four-year agreement covering 11,000 technical, maintenance, airport, cargo and supply employees.
Why UBS sees Gildan Activewear Inc. (GIL) as a post-HanesBrands earnings compounder
Gildan’s HanesBrands deal could reset apparel margins. Can integration discipline turn UBS’s 77% upside case into reality?