TSX Movers: Concordia, Intertain Group, Linamar

The transcript discusses Concordia's hedging strategy post-Brexit, highlighting its natural currency hedge and debt obligations. It then covers Entertain's market activities, including a new CEO appointment and UK strategy development with Credit Suisse. Finally, it addresses Linamar's market performance, noting a downgrade by BMO and revised earnings forecasts for auto parts producers.

What is the main reason Concordia's cash flow is naturally hedged?

• It has diversified investments.

• It has no liabilities.

• Its cash flow and liabilities are in the same currency.

• Its cash flow and liabilities are in different currencies.

Who was announced as the new CEO of Entertain?

• John Smith

• Andrew Maciver

• Sarah Johnson

• Michael Brown

What strategic move is Entertain considering post-Brexit?

• Expanding into Asia

• Opening a new office in Paris

• Listing a new UK-based company in London

• Merging with a US company

Which company was downgraded by BMO to 'market perform'?

• Magna

• Linamar

• Concordia

• Martinrea

What was the reason for the earnings estimate cuts for Canadian auto parts producers?

• Increased competition from Asia

• Revised forecast for North American and European auto production volumes

• New environmental regulations

• Rising raw material costs