News Snapshot:
Inside the Market’s roundup of some of today’s key analyst actions Desjardins Securities analyst Benoit Poirier sees Titanium Transportation Group Inc.’s (TTNM-T) US$53-million acquisition of Georgia-based Crane Transport as “a clear win,” believing its management has “delivered a non-dilutive, shareholder value‒enhancing transaction with long-term upside, all without having to tap the market for equity or debt (only a private vendor.” Shares of the Bolton, Ont.-based company jumped 7.3 per cent on Monday following the announcement of its first venture south of the border. It includes approximately 200 trucks as well as two strategically located terminals in Georgia and Alabama. “TTNM...
