Latest news with #TSE
Business Insider
a day ago
- Business
- Business Insider
'Must Be Recognized and Compensated': Air Canada Stock (TSE:MDA) Jumps as Strike Vote Looms
Canadian airline stock Air Canada (TSE:AC) is having a rough time of things right now. Its earnings report disappointed, and a strike vote of around 10,000 flight attendants is looming in the background. Yet despite all this, investors are feeling downright optimistic about Air Canada's future. Sufficiently so, in fact, that they sent share prices jumping over 3% in Wednesday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The vote has already begun, and will run until August 5, as the flight attendants in question are deciding whether or not to launch a full strike against Air Canada. The issues at stake are mostly of the usual variety. The flight attendants are looking for better wages, as well as improvements to pensions, changes in 'rest rules,' and for compensation for work they are currently doing without pay. A representative for the Canadian Union of Public Employees (CUPE) noted, 'We're calling attention to systemic issues, especially the 35 hours per month flight attendants spend working unpaid during boarding…. That time must be recognized and compensated.' Even if the vote goes in favor of a strike, a strike cannot be launched immediately. A 21-day 'cooling-off period' must follow, as well as 72 hours of advance notice. This means that a strike essentially cannot start until late August. But that still takes a bite out of the summer travel season, a point that Air Canada is likely eager to avoid. Air Canada's Team of Pack Rat Baggage Handlers Some air travelers know what it is like to lose parts of their luggage. But it is likely less often that customers get back things they never owned to begin with. One Air Canada passenger, Linda Royle, discovered what that was like recently after a flight in late March. Royle got her carry-on suitcase returned to her, reports noted, after being asked to check the bag. But not only were several items missing, but also, several items she had never packed now took their place, as though Air Canada's baggage handler staff was composed of a team of pack rats. She had lost '…hundreds of dollars' worth of shoes, books, medication and clothing,' only to be replaced with '…two old shaving kits…a knife and a man's boarding pass dated April 2020.' Also included, oddly, was an Air Canada baggage scanner device. Is Air Canada Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Strong Buy consensus rating on TSE:AC stock based on nine Buys and two Holds assigned in the past three months, as indicated by the graphic below. After a 25.16% rally in its share price over the past year, the average TSE:AC price target of C$25.18 per share implies 26.77% upside potential.
Business Insider
2 days ago
- Business
- Business Insider
'New Lunar Logistics Solutions': MDA Space Stock (TSE:MDA) Slides Despite New Selection
On the surface, this should have been great news for space robotics stock MDA Space (TSE:MDA). It was selected by the Canadian Space Agency (CSA) to start up an '…early-phase study for Canada's proposed lunar utility vehicle.' But MDA Space investors were not pleased here at all. They were sufficiently displeased, in fact, to send MDA Space shares nosediving around 2.5% in Tuesday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The lunar utility vehicle project will be focused mainly on mission architecture, reports note, including considering currently-available technology options as well as setting up risk assessment studies. The biggest lesson that MDA is out to learn here is how to build a vehicle that can survive on the moon, which has not only hazardous but highly unusual conditions. But one part of MDA's study is mostly done for it already. MDA wants to focus on bringing in its Skymaker line of robotics tools, which were initially derived from the Canadarm system. The Canadarm system might be the most famous of Canada's space developments, and was a major part of the United States' space program for fully 30 years. MDA Space CEO Mike Greenley noted, 'This early concept study will help build the foundation for new lunar logistics solutions to support long-term human presence on the Moon, enabling reliable delivery of cargo, resources, and mobility for future missions.' Now Running the David Florida Laboratory Meanwhile, MDA Space's plans to make space a bigger part of its operations continue in earnest as it steps into the David Florida Laboratory (DFL). The facility is located in Ottawa, and is Canada's '…only facility for full-scale spacecraft and satellite integration and testing.' The facility was under the Canadian government's control since the 1970s, and there will be little change in its operations under MDA's control. It will continue to offer its current line of services, including vibration testing, electromagnetic compatibility and more. But this will allow Canada to maintain its sovereignty in the midst of an increasingly complex market for space applications. Is MDA a Good Stock to Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on TSE:MDA stock based on three Buys, two Holds and two Sells assigned in the past three months, as indicated by the graphic below. After a 207.41% rally in its share price over the past year, the average MDA price target of C$41.50 per share implies 6.82% upside potential.
Yahoo
2 days ago
- Business
- Yahoo
Asian Stocks Estimated To Be 12.7% To 26.2% Below Intrinsic Value
As global markets respond to favorable trade deal news, Asian equities have shown resilience amid ongoing tariff discussions and economic uncertainties. In this environment, identifying undervalued stocks—those trading below their intrinsic value—can offer potential opportunities for investors looking to capitalize on market inefficiencies. Top 10 Undervalued Stocks Based On Cash Flows In Asia Name Current Price Fair Value (Est) Discount (Est) Shin Maint HoldingsLtd (TSE:6086) ¥1174.00 ¥2321.82 49.4% Shenzhen KSTAR Science and Technology (SZSE:002518) CN¥23.34 CN¥46.18 49.5% Range Intelligent Computing Technology Group (SZSE:300442) CN¥51.15 CN¥101.32 49.5% Polaris Holdings (TSE:3010) ¥220.00 ¥433.40 49.2% Nan Ya Printed Circuit Board (TWSE:8046) NT$177.00 NT$350.10 49.4% LigaChem Biosciences (KOSDAQ:A141080) ₩139000.00 ₩277490.02 49.9% Hibino (TSE:2469) ¥2345.00 ¥4664.61 49.7% Heartland Group Holdings (NZSE:HGH) NZ$0.82 NZ$1.62 49.4% Forum Engineering (TSE:7088) ¥1206.00 ¥2405.10 49.9% Andes Technology (TWSE:6533) NT$274.50 NT$542.92 49.4% Click here to see the full list of 265 stocks from our Undervalued Asian Stocks Based On Cash Flows screener. Below we spotlight a couple of our favorites from our exclusive screener. Dongsung FineTec Overview: Dongsung FineTec Co., Ltd. is a South Korean company that manufactures and sells cryogenic insulation products, with a market cap of approximately ₩811.48 billion. Operations: The company's revenue segments include the Gas Business, generating approximately ₩23.03 billion, and Cooling Material, contributing around ₩609.47 billion. Estimated Discount To Fair Value: 26.2% Dongsung FineTec is trading at ₩27,950, significantly undervalued compared to its estimated fair value of ₩37,869.08. Its earnings are projected to grow at 22.6% annually, outpacing the Korean market's growth rate and reflecting robust financial health despite an unstable dividend track record. Recent quarterly results showed net income of KRW 9 billion, up from KRW 8.69 billion a year earlier, reinforcing its strong cash flow position in the Asian market. Our growth report here indicates Dongsung FineTec may be poised for an improving outlook. Click to explore a detailed breakdown of our findings in Dongsung FineTec's balance sheet health report. Nanjing Vazyme Biotech Overview: Nanjing Vazyme Biotech Co., Ltd provides technology solutions in life science, biomedicine, and in vitro diagnostics with a market cap of CN¥10.52 billion. Operations: Nanjing Vazyme Biotech Co., Ltd generates revenue through its technology solutions in life science, biomedicine, and in vitro diagnostics. Estimated Discount To Fair Value: 17.1% Nanjing Vazyme Biotech is trading at CN¥26.44, slightly below its fair value estimate of CN¥31.91, suggesting it may be undervalued based on cash flows. The company is expected to become profitable within three years, with earnings projected to grow 78.27% annually—surpassing market averages despite a low forecasted return on equity of 5.6%. A recent share buyback plan worth CN¥10 million aims to enhance shareholder value through potential equity incentives or employee stock ownership plans. Our expertly prepared growth report on Nanjing Vazyme Biotech implies its future financial outlook may be stronger than recent results. Delve into the full analysis health report here for a deeper understanding of Nanjing Vazyme Biotech. Zhejiang Yinlun MachineryLtd Overview: Zhejiang Yinlun Machinery Co., Ltd. focuses on the research, development, manufacturing, and sale of thermal management and exhaust gas post-treatment products, with a market cap of CN¥24.97 billion. Operations: The company generates revenue primarily from the sale of thermal management and exhaust gas post-treatment products. Estimated Discount To Fair Value: 12.7% Zhejiang Yinlun Machinery is trading at CN¥30.13, undervalued relative to its fair value estimate of CN¥34.53. Earnings grew 18.9% last year and are projected to rise 25.12% annually, outpacing the Chinese market's growth rate of 23.5%. Despite a lower future return on equity forecast of 16.1%, recent share buybacks totaling CN¥34.96 million may enhance shareholder value through equity incentives or employee stock ownership plans. According our earnings growth report, there's an indication that Zhejiang Yinlun MachineryLtd might be ready to expand. Click here and access our complete balance sheet health report to understand the dynamics of Zhejiang Yinlun MachineryLtd. Make It Happen Reveal the 265 hidden gems among our Undervalued Asian Stocks Based On Cash Flows screener with a single click here. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Interested In Other Possibilities? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KOSDAQ:A033500 SHSE:688105 and SZSE:002126. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
Business Wire
3 days ago
- Business
- Business Wire
Renesas Introduces 64-bit RZ/G3E MPU for High-Performance HMI Systems Requiring AI Acceleration and Edge Computing
TOKYO--(BUSINESS WIRE)--Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced the launch of its new 64-bit RZ/G3E microprocessor (MPU), a general-purpose device optimized for high-performance Human Machine Interface (HMI) applications. Combining a quad-core Arm® Cortex®-A55 running at up to 1.8GHz with a Neural Processing Unit (NPU), the RZ/G3E brings high-performance edge computing with AI inference for faster, more efficient local processing. With Full HD graphics support and high-speed connectivity, the MPU targets HMI systems for industrial and consumer segments including factory equipment, medical monitors, retail terminals and building automation. 'The RZ/G3E builds on the proven performance of the RZ/G series with the addition of an NPU to support AI processing,' said Daryl Khoo, Vice President of Embedded Processing at Renesas. High-Performance Edge Computing and HMI Capabilities At the heart of the RZ/G3E is a quad-core Arm Cortex-A55, a Cortex-M33 core, and the Ethos™-U55 NPU for AI tasks. This architecture efficiently runs AI applications such as image classification, object recognition, voice recognition and anomaly detection while minimizing CPU load. Designed for HMI applications, it delivers smooth Full HD (1920x1080) video at 60fps on two independent displays, with output interfaces including LVDS (dual-link), MIPI-DSI, and parallel RGB. A MIPI-CSI camera interface is also available for video input and sensing applications. 'The RZ/G3E builds on the proven performance of the RZ/G series with the addition of an NPU to support AI processing,' said Daryl Khoo, Vice President of Embedded Processing at Renesas. 'By using the same Ethos-U55 NPU as our recently announced RA8P1 microcontroller, we're expanding our AI embedded processor portfolio and offering a scalable path forward for AI development. These advancements address the demands of next-generation HMI applications across vision, voice and real-time analytics with powerful AI capabilities.' The RZ/G3E is equipped with a range of high-speed communication interfaces essential for edge devices. These include PCI Express 3.0 (2 lanes) for up to 8Gbps, USB 3.2 Gen2 for fast 10Gbps data transfer, and dual-channel Gigabit Ethernet for seamless connectivity with cloud services, storage, and 5G modules. Low-Power Standby with Fast Linux Resume Starting with the third-generation RZ/G3S, the RZ/G series includes advanced power management features to significantly reduce standby power. The RZ/G3E maintains sub-CPU operation and peripheral functions while achieving low power consumption around 50mW and around 1mW in deep standby mode. It supports DDR self-refresh mode to retain memory data, enabling quick wake-up from deep standby for running Linux applications. Comprehensive Linux Software Support Renesas continues to offer the Verified Linux Package (VLP) based on the reliable Civil Infrastructure Platform, with over 10 years of maintenance support. For users requiring the latest versions, Renesas provides Linux BSP Plus, including support for the latest LTS Linux kernel and Yocto. Ubuntu by Canonical and Debian open-source OS are also available for server or desktop Linux environments. Key Features of RZ/G3E CPU: Quad-core Cortex-A55 (up to 1.8GHz), Cortex-M33 NPU: Ethos-U55 (512 GOPS) HMI: Dual Full HD output, MIPI-DSI / Dual-link LVDS / Parallel RGB, 3D graphics, H.264/H.265 codec Memory Interface: 32-bit LPDDR4/LPDDR4X with ECC Connectivity for 5G Communication: PCIe 3.0 (2 lanes), USB 3.2 Gen2, USB 2.0 x2, Gigabit Ethernet x2, CAN-FD Operating Temperature: -40°C to 125°C Package Options: 15mm square 529-pin FCBGA, 21mm square 625-pin FCBGA Product Longevity: 15-year supply under Product Longevity Program (PLP) System-on-Module Solutions from Renesas and Ecosystem Partners Renesas has also introduced system-on-module (SoM) solutions featuring the RZ/G3E. A broad range of SoM solutions will be available from Renesas' ecosystem partners such as a SMARC module from Tria, an OSM (Size-M) from ARIES Embedded, and an OSM (Size-L) from MXT. Winning Combinations Renesas combined the RZ/G3E with other compatible devices to develop Full HD Dual-Display HMI Platform and Digital Otoscope solutions. These Winning Combinations are technically vetted system architectures from mutually compatible devices that work together seamlessly to bring an optimized, low-risk design for faster time to market. Renesas offers more than 400 Winning Combinations with a wide range of products from the Renesas portfolio to enable customers to speed up the design process and bring their products to market more quickly. They can be found at Availability The RZ/G3E is available today, along with the Evaluation Board Kit. The kit includes a SMARC v2.1.1 module board and a carrier board. More information about Renesas RZ/G3E is available at: About Renesas Electronics Corporation Renesas Electronics Corporation (TSE: 6723) empowers a safer, smarter and more sustainable future where technology helps make our lives easier. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at Follow us on LinkedIn, Facebook, X, YouTube, and Instagram. (Remarks) All names of products or services mentioned in this press release are trademarks or registered trademarks of their respective owners.
Business Insider
3 days ago
- Business
- Business Insider
M&A News: Brookfield Asset Management Stock (TSE:L) Slips After Buying First National Financial Corp.
It has been a big few days for asset manager stock Brookfield Asset Management (TSE:BAM). Not only did they have a major milestone recently, but they also made a big new deal to pick up First National Financial Corp. (TSE:FN). The move did Brookfield few favors with investors, though, as shares dipped fractionally in Monday morning's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Brookfield got together with Birch Hill Equity Partners and built an acquisition vehicle to take over First National. The deal was valued at around $2.9 billion, and sees the acquisition vehicle take over the funds managed by Birch Hill. Though Brookfield and Birch Hill will not take over completely, reports noted, as First National founders Stephen Smith and Moray Tawse will still have an indirect 19% interest in the company. The acquisition vehicle offered a purchase price of $48 per share, which at the time represented a 15.2% premium against the previous 30 days of trading, reports noted. It was also a figure that beat the stock's 52-week high, though not the peak share price, which was around $52 per share back in 2021. Strategic review indicated the deal would offer '…compelling value and liquidity to shareholders,' reports noted. A Win for Brookfield The dip in Brookfield's stock today may not be so much a reflection of displeasure at the First National deal, but rather, a bit of profit-taking. Just days ago, Brookfield posted an all-time share price high, reports noted, coming in at $62.66 per share US. Most of those share price gains were accomplished via one simple expedient: an excellent performance over the last year, which featured a 56.75% return at one point, reports noted. It is becoming clear to investors that Brookfield's asset management operations are delivering opportunity, and its overall strategy is bearing positive results. Is Brookfield a Good Stock to Buy? Turning to Wall Street, analysts have a Moderate Buy consensus rating on TSE:BAM stock based on six Buys, four Holds and two Sells assigned in the past three months, as indicated by the graphic below. After a 47.71% rally in its share price over the past year, the average BAM price target of C$84 per share implies 29.71% upside potential.
