TSX Movers: Seven Generations, Dominion Diamond

The video discusses three major business events: Seven Generations Energy's acquisition of Shell's assets in Alberta's Montney region, which will significantly increase its output; Cogeco Communications' financial downturn due to a goodwill write-down and reduced growth expectations; and Dominion Diamond's expected revenue loss following a fire at its mine, leading to a revised production forecast.

What is the primary benefit for Seven Generations in acquiring Shell assets in the Alberta Montney region?

• To reduce its debt

• To diversify its business operations

• To enter the renewable energy market

• To expand its Montney lands and increase output

What was the main reason for Cogeco Communications' significant stock decline?

• A new competitor entering the market

• A change in company leadership

• A goodwill write-down on its enterprise data unit

• An increase in operational costs

How much was the impairment charge taken by Cogeco Communications?

• $450 million

• $1 billion

• $200 million

• $600 million

What caused Dominion Diamond to revise its 2017 diamond production forecast?

• A new government regulation

• A fire at its Ekati mine processing plant

• A labor strike

• A decrease in diamond prices

By what percentage did Dominion Diamond reduce its 2017 diamond production forecast?

• 25%

• 10%

• 15%

• 20%