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Air Canada, Soho House, Dayforce: Trending Tickers

Air Canada, Soho House, Dayforce: Trending Tickers

Yahoo2 days ago
Air Canada (AC.TO) stock is in focus after the company suspended its full-year guidance, as nearly 10,000 flight attendants are on strike.
Soho House (SHCO) is going private in a $2.7 billion deal led by MCR Hotels and backed by Ashton Kutcher.
Dayforce (DAY) stock is skyrocketing on news that private equity firm Thoma Bravo is in talks to take the software company private, according to Bloomberg.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief.
Now time for some of today's trending tickers. We are watching Air Canada, Soho House, and Dayforce. First up, Air Canada, suspending its full year guidance as a flight attendant strike enters its third day. Roughly 10,000 workers walked off the job Saturday after contract negotiations reached an impasse. Compensation remains a big sticking point in the talks. The Canadian government ordered workers back on the job Sunday, but the union says it will defy that order. The fallout from the suspended operations is expected to be felt across the globe. Air Canada operates nearly 200 daily flights to the US, and its cargo unit operates across 50 countries. Next up, Soho House, going private in a deal worth roughly $2.7 billion, including debt. MCR Hotels is leading the group of investors taking the private members club private. Actor Ashton Kutcher, he's also involved in the deal. He leads a group of investors bringing new capital, and who'll also sit on Soho House's board once the deal is completed. Shareholders will get $9 a share. That's about a 17% premium to the stock's closing price on Friday. Soho House has been public since 2021, but it's struggled significantly since its debut. The company has faced activist pressure from Third Point's Dan Loeb about a sale. He had called for more transparency in the process and pushed the board to consider outside bidders back in January. Apollo Global Management, which is the parent company of Yahoo Finance, is financing that deal. And finally, sticking with deals to go private, Thoma Bravo reportedly looking to acquire HR management software company Dayforce. That's according to a report from Bloomberg. The buyout would take Dayforce private and might be announced in the coming weeks. Sources caution that while discussions are advanced, there is a chance they could fall through or another bidder may emerge per Bloomberg. Dayforce shares are down more than 60% from their all-time high. After a pandemic era surge, HR and payroll management companies like Dayforce have struggled to maintain momentum post-COVID. The shares surging 25% this morning. And you can scan the QR code below to track the best and worst performing stocks with Yahoo Finance's trending tickers page.
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Covalon Technologies Ltd. Achieves DTC Eligibility in the United States
Covalon Technologies Ltd. Achieves DTC Eligibility in the United States

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Covalon Technologies Ltd. Achieves DTC Eligibility in the United States

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The forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "estimate", "expect", "intend", or variations of such words and phrases or state that certain actions, events, or results "may", "could", "would", "might", "will" or "will be taken", "occur", or "be achieved". In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates, and projections regarding future events. 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View source version on Contacts Investor Relations, Covalon Technologies investors@ Website: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Kobo Resources Announces Non-Brokered Private Placement of up to $3.0 Million
Kobo Resources Announces Non-Brokered Private Placement of up to $3.0 Million

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Kobo Resources Announces Non-Brokered Private Placement of up to $3.0 Million

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This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. About Kobo Resources Inc. Kobo Resources is a growth-focused gold exploration company with a compelling new gold discovery in Côte d'Ivoire, one of West Africa's most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company's 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region's largest gold mines with established processing facilities. 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