S&P/TSX 60 Index

Gillian Riley Named One of Canada's Most Powerful Women

Retrieved on: 
Wednesday, November 20, 2019

TORONTO, Nov. 20, 2019 /CNW/ - We are pleased to announce that Gillian Riley, President & CEO of Tangerine Bank & Executive Vice President at Scotiabank, has been named a Women's Executive Network (WXN) 2019 Canada's Most Powerful Women: Top 100 Award Winner, presented by KPMG.

Key Points: 
  • TORONTO, Nov. 20, 2019 /CNW/ - We are pleased to announce that Gillian Riley, President & CEO of Tangerine Bank & Executive Vice President at Scotiabank, has been named a Women's Executive Network (WXN) 2019 Canada's Most Powerful Women: Top 100 Award Winner, presented by KPMG.
  • "Throughout her career, Gillian has made a significant and positive impact on the lives of women at Scotiabank.
  • Established in 2018, The Scotiabank Women Initiative recently announced its commitment to allocate$3 billionin funding to women-led business inCanadaover its first three years.
  • To mark the 2019 Canada's Most Powerful Women: Top 100 Awards, WXN is hosting a gala on November 21 at the Metro Toronto Convention Centre.

Manulife Investment Management's Frances Donald and Catherine Milum Named Top 100 Most Powerful Women in Canada

Retrieved on: 
Wednesday, November 20, 2019

TORONTO, Nov. 20, 2019 /CNW/ -Frances Donald and Catherine Milum, from Manulife Investment Management (Manulife), have been recognized by the Women's Executive Network (WXN) as two of Canada's Most Powerful Women.

Key Points: 
  • TORONTO, Nov. 20, 2019 /CNW/ -Frances Donald and Catherine Milum, from Manulife Investment Management (Manulife), have been recognized by the Women's Executive Network (WXN) as two of Canada's Most Powerful Women.
  • Frances Donald, Chief Economist & Head of Macroeconomic Strategy, Manulife Investment Management
    The youngest chief economist and one of only two women at a major Canadian financial institution, Frances Donald has become a key player in taking the firm to the next level as an investment leader.
  • Catherine is a champion for female in leadership and spearheads initiatives to help promote women in the investment industry.
  • Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation.

Green Thumb Industries (GTI) Reports Increased Third Quarter Revenue of $68 Million and Adjusted Operating EBITDA of $14.1 Million

Retrieved on: 
Wednesday, November 20, 2019

Net loss for the third quarter 2019 was $17.1 million, as compared to net loss of $22.2 million in the second quarter 2019.

Key Points: 
  • Net loss for the third quarter 2019 was $17.1 million, as compared to net loss of $22.2 million in the second quarter 2019.
  • Adjusted Operating EBITDA margin improved to 20.7% in the third quarter from 11.3% in the prior quarter.
  • GTI generated Adjusted Operating EBITDA1 of $14.1 million, or 20.7% of revenue, for the third quarter of 2019 as compared to $5.0 million, or 11.3% of revenue, in the prior quarter.
  • EBITDA1 was $1.6 million for the third quarter of 2019 as compared to a loss of $9.4 million in the prior quarter.

Taronis Technologies Reports Q3 Earnings Company Reports Revenues of $5.3 Million, 103% Increase vs. Third Quarter 2018

Retrieved on: 
Wednesday, November 20, 2019

Revenues generated in the third quarter were $5.3 million, representing a 103% increase over the third quarter of 2018.

Key Points: 
  • Revenues generated in the third quarter were $5.3 million, representing a 103% increase over the third quarter of 2018.
  • The increase was primarily due to added scale through acquisitions made in the first quarter of 2019.
  • Management expects to see further improvement in gross margins in the fourth quarter, with the benefit of the Clearwater, FL fill plant in operation for a full quarter.
  • Management expects Taronis Technologies burn rate to improve to neutral or become positive in early first quarter 2020.

M Split Corp. Monthly Dividend Declared for Class I Preferred Shares

Retrieved on: 
Wednesday, November 20, 2019

TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders.

Key Points: 
  • TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders.
  • The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.
  • Distributions are payable December 10, 2019 to shareholders on record as at November 29, 2019.
  • M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.

CrossAmerica Partners Provides Further Comment on Sale by Alimentation Couche-Tard of All of its Interests in CrossAmerica to Affiliates of Joe Topper

Retrieved on: 
Wednesday, November 20, 2019

CrossAmerica also expects to close in the first quarter of 2020 the previously announced asset exchange transaction between the two parties.

Key Points: 
  • CrossAmerica also expects to close in the first quarter of 2020 the previously announced asset exchange transaction between the two parties.
  • CrossAmerica anticipates continuing to explore opportunities for future exchanges with Couche-Tard that create value for Couche-Tard shareholders and CrossAmerica unitholders.
  • CrossAmerica will be filing a Form 8-K with the Securities and Exchange Commission providing additional details of the transactions.
  • CrossAmerica Partners ranks as one of ExxonMobil's largest distributors by fuel volume in the United States and in the top 10 for additional brands.

Canadian Life Companies Split Corp. Declares Class A & Preferred Share Dividend

Retrieved on: 
Wednesday, November 20, 2019

TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05417 for each Preferred share ($0.650 annualized).

Key Points: 
  • TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (The "Company") declares its monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05417 for each Preferred share ($0.650 annualized).
  • Distributions are payable December 10, 2019 to shareholders on record as at November 29, 2019.
  • Since inception Class A shareholders have received a total of $7.25 per share and Preferred shareholders have received a total of $8.44 per share inclusive of this distribution, for a combined total of $15.69 per unit.
  • The Company invests in a portfolio of four publicly traded Canadian life insurance companies as follows: Great-West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.

North American Financial 15 Split Corp. Regular Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Wednesday, November 20, 2019

TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.10000 for each Class A share ($1.20 annually) and $0.04583 for each Preferred share ($0.550 annually).

Key Points: 
  • TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.10000 for each Class A share ($1.20 annually) and $0.04583 for each Preferred share ($0.550 annually).
  • Distributions are payable December 10, 2019 to shareholders on record as at November 29, 2019.
  • Since inception Class A shareholders have received a total of $13.55 per share and Preferred shareholders have received a total of $7.99 per share inclusive of this distribution, for a combined total of $21.54.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Financial 15 Split Corp. Regular Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Wednesday, November 20, 2019

TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04583 for each Preferred share ($0.550 annually).

Key Points: 
  • TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04583 for each Preferred share ($0.550 annually).
  • Distributions are payable December 10, 2019 to shareholders on record as at November 29, 2019.
  • Since inception Class A shareholders have received a total of $20.03 per share and Preferred shareholders have received a total of $8.47 per share inclusive of this distribution, for a combined total of $28.50.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Dividend 15 Split Corp. II Regular Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Wednesday, November 20, 2019

TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.10000 for each Class A share and $0.04375 for each Preferred share.

Key Points: 
  • TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.10000 for each Class A share and $0.04375 for each Preferred share.
  • Distributions are payable December 10, 2019 to shareholders on record as at November 29, 2019.
  • Since inception Class A shareholders have received a total of $13.00 per share and Preferred shareholders have received a total of $6.85 per share inclusive of this distribution, for a combined total of $19.85.
  • Dividend 15 II invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TC Energy Corporation.