TSX Movers: Magna, Linamar, Valeant Pharmaceuticals

The video discusses the impact of Brexit on automakers Linamar and Magna, highlighting their exposure to the UK and Europe. It also covers RBC's forecast for European sales and production, predicting a significant revision downward. Additionally, the video addresses Valeant's financial challenges, including rising short interest and a dramatic decline in share value as the company seeks to offload assets to manage debt.

Which two automakers are mentioned as being affected by Brexit uncertainty?

• BMW and Mercedes

• Toyota and Honda

• Ford and General Motors

• Linamar and Magna

What percentage of Magna's revenue last year came from Europe and the UK?

• 15%

• 50%

• 40%

• 26%

What did RBC predict about European sales and production forecasts?

• They will remain stable

• They will increase slightly

• They will be revised materially lower

• They will double

What financial strategy is Valeant pursuing to manage its debt?

• Merging with another company

• Increasing prices

• Offloading assets

• Issuing new shares

By what percentage have Valeant shares fallen since their peak last August?

• 50%

• 90%

• 30%

• 70%