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Morneau Shepell Inc (MSI.TO)

MSI.TO on Toronto Stock Exchange

27.13CAD
14 Nov 2018
Change (% chg)

$-0.54 (-1.95%)
Prev Close
$27.67
Open
$27.73
Day's High
$28.02
Day's Low
$27.05
Volume
106,855
Avg. Vol
143,193
52-wk High
$29.17
52-wk Low
$21.14

Latest Key Developments (Source: Significant Developments)

Cannae Holdings Announces Sale Of Lifeworks Corp
Monday, 30 Jul 2018 

July 30 (Reuters) - Cannae Holdings Inc ::CANNAE HOLDINGS, INC. ANNOUNCES SALE OF LIFEWORKS CORPORATION LTD..CANNAE HOLDINGS INC - DEAL FOR $325 MILLION.CANNAE HOLDINGS INC - WILL RECEIVE ABOUT $56 MILLION IN CASH PROCEEDS FOR ITS INTEREST IN LIFEWORKS.CANNAE HOLDINGS INC - DEAL VALUE WILL BE PAID IN A COMBINATION OF CASH AND MORNEAU SHEPELL SHARES.CANNAE HOLDINGS INC - ANNOUNCED CLOSE OF SALE OF LIFEWORKS CORPORATION LTD TO MORNEAU SHEPELL INC.  Full Article

Morneau Shepell Completes Acquisition Of Lifeworks Corp
Friday, 27 Jul 2018 

July 27 (Reuters) - Morneau Shepell Inc ::MORNEAU SHEPELL COMPLETES ACQUISITION OF LIFEWORKS CORPORATION LTD. AND $231 MILLION EQUITY OFFERING.  Full Article

Morneau Shepell Announces Acquisition Of Lifeworks Corp For About C$426 Mln
Monday, 9 Jul 2018 

July 9 (Reuters) - Morneau Shepell Inc ::MORNEAU SHEPELL ANNOUNCES ACQUISITION OF LIFEWORKS CORPORATION LTD. AND CONCURRENT $210 MILLION EQUITY OFFERING.MORNEAU SHEPELL INC - DEAL FOR TOTAL PURCHASE PRICE OF APPROXIMATELY $426 MILLION (US$325 MILLION).MORNEAU SHEPELL INC - SIGNIFICANT RUN-RATE SYNERGIES OF APPROXIMATELY $10 MILLION IN 2019 AND APPROXIMATELY $15 MILLION PER YEAR BY 2020 FROM DEAL.MORNEAU SHEPELL INC - DEAL TO BE OVER 10 PER CENT ACCRETIVE TO 2019 EARNINGS PER SHARE.MORNEAU SHEPELL INC - IN ADDITION, COMPANY WILL ISSUE APPROXIMATELY $31 MILLION OF SHARES TO LIFEWORKS EXECUTIVES.MORNEAU SHEPELL - TO ACQUIRE ALL OUTSTANDING SHARES OF LIFEWORKS CORP FOR TOTAL PURCHASE PRICE OF ABOUT $426 MILLION, PAYABLE IN CASH & CO'S SHARES.MORNEAU SHEPELL INC - NATIONAL BANK OF CANADA HAS COMMITTED TO PROVIDE UP TO A $600 MILLION FIVE-YEAR REVOLVING CREDIT FACILITY.MORNEAU SHEPELL - BALANCE OF DEAL TO BE FINANCED PURSUANT TO AMENDED & RESTATED CREDIT FACILITY ARRANGED BY NATIONAL BANK FINANCIAL.  Full Article

Morneau Shepell reports qtrly profit $9.7 million
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Morneau Shepell Inc ::Morneau Shepell reports 2017 third quarter financial results.Morneau Shepell Inc - qtrly ‍revenue increased by 6.4 per cent to $153.8 million​.Morneau Shepell Inc - qtrly profit $9.7 million versus $5.2 mln‍​.  Full Article

Morneau Shepell​ issues statement on contracts with Canadian federal govt.
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Morneau Shepell Inc ::‍Morneau Shepell​ issues statement regarding its contracts with Canadian federal government.Company is not involved, in any capacity, with changes to small business tax code proposed by Department of Finance​."Mmorneau Shepell was not involved in consultation for Bill C-27​".‍"Bill C-27 is not expected to have a material impact on our company​".Says company will not benefit from proposed changes to small business tax code if or when implemented​.  Full Article

CANADA STOCKS-TSX futures up as oil prices rise

July 30 Canada's main stock index was on track to open higher on Monday, as energy shares were helped by a steady rise in oil prices. Oil has been rallying almost uninterruptedly for the past two weeks on rising trade tensions between the United States and China and slowing supply from Iran due to looming sanctions. First Quantum Minerals is scheduled to release second-quarter results after the close of markets. September futures on the S&P/TSX index