All references to dollars herein are in Canadian dollars ($) unless otherwise specified. BuildDirect.com Technologies Inc. (TSXV: BILD) (“BuildDirect” or “Company”), a leading omnichannel building material retailer, announces that it has retained Ventum Financial Corp. (“Ventum”) to provide market making services to maintain orderly trading in the Company’s securities. Ventum has been engaged for an […]
Canadian Tire Corporation Completes Strategic Review of its Financial Services Business
Company will retain 100% ownership, cementing strategic flexibility to scale Triangle Rewards Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) (CTC or the Company) has completed the assessment of strategic alternatives for Canadian Tire Financial Services (CTFS or the Bank). CTC will retain 100% ownership of the Bank. The Company explored options with a range […]
Enviva Announces Successful Emergence from Financial Restructuring Process
Strengthened Balance Sheet and Improved Financial Flexibility Through Elimination of Approximately $1.0 Billion of Prepetition Debt Enhanced Earnings Profile Achieved Through Restructuring Actions Accomplished Ample Liquidity to Successfully Complete the Ramp of Enviva’s Epes, Alabama Facility and to Support Growing Customer Demand for Sustainable Energy Solutions Enviva, LLC (“Enviva” or the “Company”), a leading producer […]
Champion Homes Model Showcased in Kentucky Pilot Highlighting Manufactured Homes as a Solution to Housing Shortages
Champion Homes is proud to announce the delivery and installation of a new manufactured home in Versailles, Ky., as a part of a pilot program highlighting factory-built housing as a solution to housing inventory shortages in Central Kentucky. Working with the Kentucky Manufactured Housing Institute (KMHI) and the City of Versailles, Champion Homes was selected […]
CMC Recognized as One of America’s Most Responsible Companies by Newsweek for 2025
Commercial Metals Company announced that it has been recognized on Newsweek’s list of America’s Most Responsible Companies 2025. This prestigious award is presented by Newsweek in collaboration with Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list can be viewed on Newsweek’s website. “We are honored to have received this award […]
Freddie Mac: Mortgage Rates Continue to Decrease
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent. “This week, mortgage rates decreased to their lowest level in over a month,” said Sam Khater, Freddie Mac’s Chief Economist. “Despite just a modest drop in rates, consumers clearly have responded as purchase demand has noticeably improved. […]
Hooker Furnishings Reports Third Quarter Results Impacted By Multiple Charges
Hooker Furnishings Corporation (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 100 years, reported its fiscal 2025 third quarter operating results for the period beginning July 29 and ending October 27, 2024. Fiscal 2025 Third Quarter Overview Management Commentary “Despite the charges recorded in Q3 and […]
GMS Reports Second Quarter Fiscal 2025 Results
Continued Resilience in Wallboard Pricing Offset by Softening End Market Demand, Year-Over-Year Steel Price Deflation and Hurricane-Related Impacts Share Repurchase Authorization Renewed GMS Inc., a leading North American specialty building products distributor, reported financial results for the fiscal second quarter ended October 31, 2024. Second Quarter Fiscal 2025 Highlights (Comparisons are to the second quarter of […]
Kodiak Building Partners Acquires Liberty Doors and Windows, Strengthens Colorado Market Presence
Kodiak Building Partners, a leading building materials distribution company, announced the acquisition of Colorado-based Liberty Doors and Windows, a premier provider of high-quality doors, windows and millwork. This strategic partnership strengthens Kodiak’s position in the fast-growing Colorado market while preserving Liberty’s long-standing legacy of serving southern Colorado and the Mountain Region. Established in 1986, Liberty […]
PPG Completes On-Site Solar Installation at Caivano, Italy Facility
Project enables further progress toward 2030 emissions reduction targets PPG announced the completion of an on-site solar installation at its Caivano, Italy facility that will enable progress toward the company’s 2030 greenhouse gas emissions reduction targets. The project is part of a partnership with Grastim, a developer of high-efficiency energy generation solutions. The 1.5 megawatt solar […]