This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. UPDATE: Shortly after this story was published on Feb. 17, UCLA fired CFO Stephen Agostini, a UCLA spokesperson confirmed to CFO.com. In an emailed statement, UCLA Vice Chancellor for Strategic Communications Mary Osako said recent public references to a $425 million deficit are inaccurate, noting the figure includes proposed or unapproved spending and does not reflect the uni ...

We recently published an article titled 11 Best Canadian Growth Stocks to Buy According to Hedge Funds. On January 28, Morgan Stanley raised its price target on TC Energy Corporation (NYSE:TRP) to C$93 from C$92 while maintaining an Overweight rating, as part of a broader reassessment of North American midstream and renewable infrastructure equities. The firm noted strong sector performance amid favorable commodity pricing and constructive earnings results, supporting continued investor interest in high-q ...

We recently published an article titled 11 Best Canadian Growth Stocks to Buy According to Hedge Funds. On January 30, Barclays raised its price target on Celestica Inc. (NYSE:CLS) to $391 from $359 while reiterating an Overweight rating, following the company’s upward revision to its fiscal 2026 outlook by approximately $1 billion. The analyst characterized the updated guidance as conservative, suggesting there is room for further upward revisions as the year progresses. Barclays’ constructive stance ref ...

Group 1: Company Overview - Cenovus Energy Inc. is an integrated oil and natural gas company headquartered in Calgary, Alberta, founded in 2009, operating across upstream oil sands and conventional production, as well as downstream refining and upgrading assets [4] Group 2: Analyst Downgrade and Market Position - On January 20, JPMorgan analyst Arun Jayaram downgraded Cenovus Energy Inc. from Overweight to Neutral and reduced the price target to C$25 from C$29, citing evolving supply-side risks in crude markets and a more constructive outlook for downstream operations [1] - The downgrade reflects a broader reassessment of the integrated oil sector heading into 2026, with U.S.-based integrated majors appearing relatively more attractive than Canadian counterparts based on valuation metrics [1] Group 3: Production Guidance and Strategic Priorities - Cenovus' 2026 production guidance of 945,000 to 985,000 barrels of oil equivalent per day exceeded expectations, driven primarily by strength in its oil sands portfolio [3] - Projected capital expenditures are above consensus estimates but aligned with expectations when excluding capitalized turnaround activities [3] - Strategic priorities for 2026 include the startup of the West White Rose project, further oil sands output growth, integration of MEG Energy assets, and the Lima refinery turnaround [3] Group 4: Financial Management and Shareholder Returns - Management remains focused on balance sheet optimization and shareholder returns through debt reduction and share repurchases [3] - Operational catalysts and capital allocation initiatives suggest that Cenovus retains the capacity to generate resilient cash flows and enhance shareholder value over the medium term despite near-term sector headwinds [3]

D-Wave Quantum (NYSE: QBTS) was one of the hottest quantum computing companies last year, with its share price rising 211%. But it hasn't had a good start to 2026, falling 25% as of Feb. 13. The company will report fourth-quarter and full-year 2025 earnings on Feb. 26 before the market opens. While playing earnings is popular, especially with volatile stocks like this one, you may want to think twice if you're considering D-Wave in hopes of positive results this time. Where to invest $1,000 right now? Our ...

Is it better to buy something that's in demand because it mostly stays the same or something that might be in demand because it's theoretically able to continuously change in response to conditions? That's one rough distinction between Bitcoin (CRYPTO: BTC), crypto's tried-and-tested asset, and Cardano (CRYPTO: ADA), one of the bigger smart contract assets. Let's evaluate which one is more deserving of a $3,000 investment. Where to invest $1,000 right now? Our analyst team just revealed what they believe ...

We recently published an article titled 11 Best Canadian Growth Stocks to Buy According to Hedge Funds. On February 10, Stifel analyst Ralph Profiti raised his price target on Kinross Gold Corporation (NYSE:KGC) to C$65 from C$45 while maintaining a Buy rating, reflecting increased confidence in the company’s operational performance and cash flow generation amid a favorable gold price environment. The higher target signals a reassessment of Kinross’ earnings power as strong commodity pricing and disciplin ...

Indian IT giant Infosys said on Tuesday it has partnered with Anthropic to develop enterprise-grade AI agents, as automation driven by large language models reshapes the global IT services industry. Under the partnership, Infosys plans to integrate Anthropic’s Claude models into its Topaz AI platform to build so-called “agentic” systems. The companies claim these agents will be able to autonomously handle complex enterprise workflows across industries such as banking, telecoms, and manufacturing. The tie ...

We recently published an article titled 11 Best Canadian Growth Stocks to Buy According to Hedge Funds. On February 6, Scotiabank lowered its price target on BCE Inc. (NYSE:BCE) to C$39.50 from C$40.25 while maintaining an Outperform rating, indicating that despite modest valuation adjustments, the firm continues to view the risk-reward profile favorably. During its third-quarter 2025 results conference call, BCE Inc. (NYSE:BCE) reported a 1.3% increase in total revenue, supported in part by the acquisi ...

We recently published an article titled 11 Best Canadian Growth Stocks to Buy According to Hedge Funds. On January 21, Scotiabank raised its price target on CAE Inc. (NYSE:CAE) to C$57 from C$49 and maintained an Outperform rating, reflecting growing confidence in the company’s strategic transformation and margin recovery trajectory. The revision follows tangible evidence of operational improvement and balance sheet progress as CAE executes on restructuring initiatives. In the third quarter, CAE Inc. (N ...