-- Fairfax India (FIH-U.TO), through its unit, FIH Mauritius Investments, entered into an investment agreement with IIFL Capital Services and its existing promoters pursuant to which Fairfax India, through a combination of deals, will increase its ownership interest in IIFL Capital, it said Thursday.
Shares of the company closed up 1.1% to $18 on Wednesday on the Toronto Stock Exchange.
AutoCanada (ACQ.TO) appointed Mike Woodward as chief financial officer, effective July 6, 2026, the company said on Thursday.He has more than 18 years of financial leadership experience across public and private companies, stated the company.Most recently, he served as CFO of the Canada Enterprise Emergency Funding Corporation (CEEFC). He has also served as CFO of Lynx Air and Campus Energy previously.Earlier in his career, Woodward held senior roles in investment banking at Bank of Montreal (BMO.TO) and CIBC World Markets, advising on a range of M&A and capital markets transactions."Mike brings a strong combination of financial discipline, strategic insight, and operational experience," said Samuel Cochrane, Chief Executive Officer and Interim Chief Financial Officer of AutoCanada. "We look forward to his contributions and are pleased to welcome him to the AutoCanada team as we continue to execute on our strategic initiatives."The company's shares were last seen down $0.09 at $22.35 on the Toronto Stock Exchange.Price: $22.52, Change: $+0.08, Percent Change: +0.36%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Cheniere delivered strong Q1 2026 results with record 187 LNG cargoes (+11% Y/Y) and Adjusted EBITDA of $2.33B (+25% Y/Y), though GAAP showed a $3.5B loss due to $4.8B unfavorable derivative fair value changes. Revenue grew 8% to $5.87B, with management's Adjusted Net Income of $1.01B providing clearer operational visibility. We see robust demand for U.S. LNG and high capacity utilization as supportive of the investment thesis despite accounting volatility. Management raised CY 26 guidance with EBITDA now $7.25B-$7.75B and distributable cash flow $4.75B-$5.25B. Train 5 achieved substantial completion in March, with Trains 6-7 targeted for year-end completion adding 10 mtpa capacity. Major expansion projects totaling 40 mtpa remain on hold pending final investment decisions. We think management should remain cautious given potential Asian buyer shifts back to coal following Middle East geopolitical disruptions that eliminated Qatar's LNG capacity.