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Toronto Stocks Edge Lower; Stelco Rises on Agreement with Primobius
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Market movers: Stocks that saw action on Monday - and why Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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A roundup of some of the North American equities making moves in both directions today
On the rise
Calian Group Ltd. (CGY-T) rose with the premarket announcement of the $83-million acquisition of Toronto-based Dapasoft Inc.
“We view the deal as positive for Calian as it adds to the company’s margin profile and increases its recurring revenue base in the fast-growing health tech sector,” said Acumen Capital analyst Jim Byrne in a research note.