11:12 AM EDT, 08/09/2024 (MT Newswires) -- Shift4 Payments ( FOUR ) second-half growth ramp is well supported due to a healthy pipeline, global expansion, and seasonality, Morgan Stanley said in a Friday note. The recent acquisitions of Revel and Vectron are consistent with the company's strategy, Morgan Stanley said, adding that Revel should contribute roughly $15 million in adjusted...

11:03 AM EDT, 08/09/2024 (MT Newswires) -- RBC has reiterated its Outperform rating and US$90 target on Restaurant Brands after the company reported second quarter results that were largely in-line. Despite softening demand environment, management remains confident they can reaccelerate unit growth to 5% in 2025, supported by stable/improving franchisee profitability, notes RBC. Price: 96.56, Change: -2.26, Percent Change: -2.29...

Algonquin Power & Utilities Corp. ( AQNB ) shares are trading lower today after it reported second-quarter FY24 results and disclosed the sale of its renewable energy business.  Q2 Earnings: The company reported revenue of $598.60 million (-5% Y/Y), missing the consensus of $625.00 million. Adjusted EPS of $0.09 exceeded the street view of $0.08. Adjusted Funds from Operations rose 12% Y/Y to $167.9...

11:12 AM EDT, 08/09/2024 (MT Newswires) -- Calgary-based fuel retailer Parkland Corp. ( PKIUF ) rebuffed a takeover offer worth nearly $8-billion from Texas-based Sunoco LP ( SUN ) last year, The Globe and Mail has reported. The proposal for a stock-based transaction was made in the summer of 2023 for $45 a share, according to a source familiar with...