9-12
BlackBerry shares jump more than 150% from 52-week low in 2026 as company targets US$100 million operating cash flow in fiscal 2027
BlackBerry shares rose more than 150% from their 52-week low at points in 2026, even after a recent pullback. The company expects to generate about US$100 million in operating cash flow in fiscal 2027. In the latest quarter, first-quarter revenue increased 26% year over year to US$152.9 million, while QNX revenue rose about 26% to US$72.3 million and adjusted EBITDA jumped 144% to US$36.3 million. A recent analyst estimate put fair value at $7.40 per share.
9-12
9-9
MDA Space posts Q2 revenue of $499 million as shares sit nearly 40% below 52-week high
Canadian space technology company MDA reported second-quarter revenue up nearly 34% year over year to $499 million. Revenue from its satellite systems business rose nearly 45%, driven by higher work volumes on the Telesat Lightspeed program, while its robotics and space operations segment increased about 13%. The company reported about $4 billion in backlog, and while the stock has pulled back from its recent high, it is still up about 271% over three years.
9-9
9-9
Emera shares slide nearly 10% in 30 days to C$69.73, offering a 4.2% dividend yield
Shares of Canadian utility Emera have fallen nearly 10% over the past 30 days, with the stock at C$69.73 and a market capitalization of C$21.5 billion. The company offers a 4.2% dividend yield. In the second quarter, adjusted net income fell 10% year over year to C$212 million, and adjusted earnings per share declined to C$0.69 from C$0.79. Emera invested more than C$1.7 billion in infrastructure in the first half of the year and continues to advance its C$4 billion full-year capital plan.
9-9
9-5
Enbridge shares slide about 14% from 12-month high as dividend yield rises to 5.6%
Enbridge shares are trading near C$69, down from a 12-month high above C$80, lifting the dividend yield to 5.6%. The company has already sanctioned C$9 billion in growth projects in 2026 and is advancing a C$41 billion secured capital program. It has also announced a C$2.7 billion expansion of the Westcoast natural gas pipeline system in British Columbia and agreed to buy Permian Basin oil infrastructure assets for US$600 million.
9-5
9-3
Enbridge posts $130 million-plus Q2 2026 adjusted EBITDA growth, reaffirms full-year guidance
Enbridge reported adjusted EBITDA growth of more than $130 million year over year in the second quarter of 2026, while Mainline volumes averaged 3.1 million barrels per day and utilization remained high across its business units. Management reaffirmed its full-year outlook and said it has sanctioned close to $9 billion in new projects so far in 2026, lifting its project inventory to $50 billion. The company has a market capitalization of $153 billion and offered a dividend yield of over 5% in September 2026.
9-3
8-26
S&P/TSX Composite closes at record 36,958 as Scotiabank jumps 7% ahead of Aug. 26 data, earnings
The S&P/TSX Composite Index closed at a record 36,958 on Tuesday, extending its advance to a third straight session. Bank of Nova Scotia shares jumped 7% after the lender reported an 18% year-over-year rise in adjusted net income for the July quarter. Energy and gold stocks were also active. At Wednesday’s open, falling oil and gold prices could weigh on the index as investors watch results from National Bank of Canada and EQB, along with U.S. inflation and GDP data.
8-26
8-26
Nexus REIT trades at a 40% discount to NAV and offers an 8.1% monthly distribution yield
Nexus REIT units are trading at a 40% discount to net asset value and offer an 8.1% monthly distribution yield. Second-quarter net operating income rose 6.2% year over year to $34.1 million. Portfolio occupancy increased to 97%. The REIT holds 87 properties totaling 12.3 million square feet of gross leasable area, with a 6.7-year weighted average lease term and in-place rents that are 14.9% below market levels.
8-26