Market movers: Stocks seeing action on Thursday

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) was higher on Thursday despite reporting its fourth-quarter profit and revenue fell compared with a year earlier and said its results for its 2025 financial year are expected to be down compared with the year it just completed.

In a research note, Stifel analyst Martin Landry said: “BRP reported worse-than-expected Q4FY24 results with EPS of $2.46, down 36 per cent year-over-year, and lower than our estimate of $2.56 and consensus of $2.60. The $0.10 EPS difference vs. our expectation comes from lower sales explaining most of the difference vs. our expectations. BRP introduced its FY25 guidance, which came-in lower than our expectations calling for EPS to range between $7.25 to $8.

Karora Resources, which is focused on increasing gold production at its Beta Hunt gold mine and Higginsville gold operations in Western Australia, confirmed in a separate statement that it had ended discussions with Ramelius.) rose after it recorded a US$5.8-billion impairment charge on its investment in VillageMD on Thursday, at a time when the pharmacy operator was aiming to save costs.

The company reported a net loss of US$5.9-billion for the quarter ended Feb. 29, mainly due to the impairment. On an adjusted basis, Walgreens reported earnings of US$1.20 per share for the quarter, compared with analysts’ average estimate of 82 US cents per share, according to LSEG data. In a separate statement, Embracer said the deal with Take-Two would cut its net debt by about 3.2 billion crowns to 3.5 billion crowns and that it expected the transaction to be immediately accretive to its free cash flow generation.video game franchise, has been carrying out a restructuring program since last year, aiming to cut debt. It said last month that it may fall short of its March net debt target of 8 billion crowns.

Canadian Solar said its “preliminary assessment is that the claims in the complaint are entirely without merit.” It added that it intended to defend itself against Maxeon’s claims.

 

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