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Equities in Toronto continued their mid-month rally Wednesday, on news about shares of Rubik's Cube-owner Spin Master. The TSX Composite galloped 162.64 points to face the closing bell Wednesday at 19,663.84. The Canadian dollar sank 0.06 ...
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Inside the Market’s roundup of some of today’s key analyst actions
Melissa & Doug, a Wilton-based manufacturer of brand for wooden and sustainable toys for preschoolers, has been acquired by the Toronto-based children’s entertainment company Spin Master Corp. (TSX: TOY) for $950 million in cash.
Based in Toronto, Spin Master is a children's entertainment company focused on providing toys, entertainment and digital games.
-- Stifel GMP on Thursday reiterated its buy rating on the shares of Spin Master while raising its price target to C$54.00 from C$50.00 after the childrens' toy and entertainment company agreed to...