Toronto Stock Exchange targets mid-sized Brazilian companies for IPOs – Yahoo Finance

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By Tatiana Bautzer
SAO PAULO, Nov 25 (Reuters) – The Toronto Stock Exchange is looking for candidates for initial public offerings (IPOs) in Canada among mid-sized Brazilian companies, the bourse's Chief Executive Loui Anastasopoulos said after a week-long visit to the country.
Anastasopoulos said the targets are mainly in mining, renewable energy and technology, areas favored by Canadian investors. Some could use the TSX Venture Exchange, tailored for startups, he added.
The most successful example of a company that raised capital in Canada in its initial stages is Sygma Lithium Corp, a lithium miner operating in the Minas Gerais Brazilian state.
Its 2018 IPO in TSX Venture Exchange valued the company, focused on selling the mineral to car battery makers, at around $90 million. Currently listed also in Nasdaq, Sigma now has a $4.4 billion market capitalization.
"That is a solution for mid-sized companies that need to raise capital in small transactions that are difficult to accomplish in local capital markets", Anastasopoulos said.
Considering the potential for new listings, TMX Group, which controls the Toronto Stock Exchange, has had a director based in Latin America since 2019. Formerly based in Peru, director Guillaume Legare is currently in Brazil. (Reporting by Tatiana Bautzer; Editing by Kenneth Maxwell)
As 32 teams battle for the World Cup in Qatar, Adidas and Nike also hope their shares can score a goal. Adidas shares lost 6% during the month-long 2018 World Cup, when heavily favored Germany, an Adidas team, was knocked out early and the FIFA tournament was won by France, a Nike team. Nike gained 4% during the same period, beating the S&P 500's 1% gain.
Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to expand further into lifestyle offerings to affluent Chinese clients. The appointment-only showroom, which will open on Monday, is located in a century-old three-storey mansion situated just behind Nanjing Road, the city's premier upscale shopping strip. Louis Vuitton, part of LVMH, said in a statement the showroom will be trialled for several months as a pop-up and if successful will then become a permanent feature.
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There will be a $700 billion contraction in global bond demand next year compared to 2022, while bond supply will likely drop by $1.6 trillion, J.P. Morgan strategists, led by Nikolaos Panigirtzoglou, estimated in the note issued on Thursday. "Based on the historical relationship between annual changes in excess supply and the Global Aggregate bond index yield, a $1 trillion improvement in the demand/supply balance would imply downward pressure on Global Aggregate yields of around 40 basis points," the Wall Street bank said. J.P. Morgan said that while major central banks trimming their balance sheets in 2022 was the single largest contributor to deterioration in bond demand, sell-offs by commercial banks and retail investors were also much higher than estimates.
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Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce filing of an independent Preliminary Economic Assessment ("PEA") technical report for its 100% owned Goldfields Project ("Goldfields" or the "Project") located near Uranium City, Saskatchewan.
The financial super app SoFi Technologies (NASDAQ: SOFI) and the Brazilian digital bank Nu Holdings (NYSE: NU) have been two of the most highly anticipated and most-watched fintech companies to hit the public markets in recent years. Both initially saw fast growth in their respective markets. After going public through a special purpose acquisition company (SPAC) in 2021, SoFi rose to a huge valuation like many tech stocks before falling more than 70% this year amid high inflation and rising interest rates.
In this article, we discuss the 12 best Nancy Pelosi stocks to buy now. If you want to read about some more Nancy Pelosi stocks, go directly to 5 Best Nancy Pelosi Stocks to Buy Now. The stock trading activities of lawmakers in the United States have always made for interesting case studies. This is […]
Retailers aren't the only ones marking down prices heading into Black Friday. The stock market has been having a nearly year-long sale, with prices getting cheaper almost every month. Because of that, investors can scoop up some real bargains this Black Friday.
These top stocks sell at reasonable valuations relative to earnings power and are ripe for the picking.
Turkey’s Financial Crimes Investigation Board has seized assets belonging to the local subsidiary of the FTX crypto exchange and its affiliates.
Investors anxiously await the quarterly release of Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) 13-F regulatory filing. It reveals which stocks Warren Buffett's holding company bought and sold during each quarter, and that gives investors lots of food for thought about investments. The third-quarter filing offered some interesting news for Buffett-followers, such as a new position in building products company Louisiana-Pacific.
Patience can pay off handsomely when you're invested in companies with clearly defined competitive advantages.
As the year winds toward its close, it’s time once again to engage in the age-old practice of picking out the changes that lie waiting in the year ahead. Wall Street’s stock pros are hardly immune from this; every year, they tag their top picks from the equity markets for the calendar change, and this year is no exception. The analysts are looking ahead toward the post-New Year market landscape, and picking out potential winners for investors to consider. We've opened up the database at TipRanks
The consensus price target hints at a 52.5% upside potential for Albertsons Companies, Inc. (ACI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
In this article, we discuss 25 highest-paying monthly dividend stocks. You can skip our detailed analysis of dividend stocks and their returns in the past, and go directly to read 10 Highest-Paying Monthly Dividend Stocks. As high-interest rates and inflation have pulled down the market this year, dividend stocks are gaining a lot of traction […]
Both of these stocks have great long-term prospects and offer an attractive dividend in the meantime.

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