BMO Capital and Income Invest

Canopy Growth announced an "at‑the‑market" program allowing the sale of common shares with an aggregate value of up to US$200 million, with the Canadian portion limited to US$50 million. The company said it will use proceeds for investments, possible acquisitions, working capital and debt repayment; BMO Nesbitt Burns Inc. and BMO Capital Markets Corp. are acting as agents. Canopy Growth's stock fell sharply by about 9.5% after the announcement. » Więcej na de.investing.com

GrafTech International announced a 1-for-10 reverse stock split to take effect on August 29, 2025, and significantly reduced the number of authorized common and preferred shares. The company reported a net loss of $87 million for Q2 2025, negative EBITDA on an annualized basis, and high leverage; COO Jeremy S. Halford will step down in September. BMO Capital recently raised its price target, while GrafTech faces operational challenges amid difficult market conditions. » Więcej na de.investing.com

American Vanguard has extended the term of its senior credit facility through an amendment with a BMO-led banking syndicate to December 31, 2026. The company cites solid near-term liquidity and stronger Q2 results (revenue $129 million, adjusted EBITDA nearly doubled) and views the extension as a vote of confidence in its ongoing transformation. Analysts forecast a return to profitability and currently consider the stock undervalued. » Więcej na de.investing.com