-- CIBC views the risk of the Competition Bureau challenging the GFL Environmental's (GFL.TO) proposed acquisition of Secure Waste Infrastructure (SES.TO) as low, even though the Bureau has challenged GFL and Secure Waste deals in the past.
Analysts Kevin Chiang and Krista Friesen, who are maintaining an outperformer rating and $77.00 price target on GFL shares, see "minimal" direct competitive overlap between the companies.
Price: $54.59, Change: $+0.68, Percent Change: +1.26%
Sai MicroElectronics (SHE:300456) posted first-quarter attributable net loss of 49.1 million yuan, compared with a profit of 2.6 million yuan the previous year.Loss per share stood at 0.0671 yuan, versus earnings per share of 0.0036 yuan last year, according to a Thursday filing with the Shenzhen bourse.Revenue plunged 63% year over year to 98.5 million yuan from 264.0 million yuan.Shares of the wafer manufacturer plummeted nearly 17% in recent trade.
Capital Securities (SHA:601136) issued 1 billion yuan in short-term bonds, according to a Shanghai bourse filing on Thursday.The bonds have a coupon rate of 1.55% and a term of 365 days, maturing April 22, 2027.
Dalipal (HKG:1921) said its unit, Dalipal International, has signed a cooperation agreement with KUKA Robotics (Guangdong) to deploy AI-driven robotics and automation at its Saudi manufacturing project, according to a Wednesday Hong Kong bourse filing.Shares of the smart and green manufacturing company were down nearly 2% in Thursday morning trade.The collaboration will focus on integrating intelligent manufacturing technologies, including robotics, smart logistics, and process optimisation, at the group's high-end energy equipment base in Dammam's SPARK industrial park.