TSX Movers: Telus, First Quantum, Mitel

TSX Movers: Telus, First Quantum, Mitel

Assessment

Interactive Video

Business

University

Hard

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The video covers three main business updates: a company's plan to repurchase shares through private agreements, First Quantum Minerals' stock decline following a Goldman Sachs downgrade due to bearish copper price forecasts, and Mitel's expansion in China alongside its ongoing acquisition negotiations with Polycom.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total number of shares the company plans to purchase for cancellation over a year?

20 million

10 million

16 million

1.58 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did First Quantum Minerals' stock drop to its lowest in a month?

Because of a change in management

A decline in global copper demand

Due to a new competitor entering the market

Goldman Sachs reinstated a 'sell' rating

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant transaction did First Quantum Minerals recently complete?

Acquisition of a new mine in Canada

Sale of its nickel-copper mine in Finland

Partnership with a Chinese technology firm

Merger with a rival mining company

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which country is Mitel expanding its cloud services?

Germany

Brazil

India

China

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge does Mitel face in its acquisition of Polycom?

Technological barriers

Lack of funding

Rival offers

Regulatory issues