Edition:
United States

Exchange Income Corp (EIF.TO)

EIF.TO on Toronto Stock Exchange

29.02CAD
7 Dec 2018
Change (% chg)

$-0.28 (-0.96%)
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Volume
112,224
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86,708
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$36.98
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Latest Key Developments (Source: Significant Developments)

Exchange Income Corp announces departure of chief financial officer in March 2019
Tuesday, 4 Dec 2018 04:15pm EST 

Dec 4 (Reuters) - Exchange Income Corp ::EXCHANGE INCOME CORPORATION ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER IN MARCH OF 2019.EXCHANGE INCOME - TAMMY SCHOCK, CURRENT CHIEF FINANCIAL OFFICER OF EIC, WILL BE LEAVING CORPORATION IN MARCH OF 2019.  Full Article

Exchange Income Q4 Earnings Per Share C$0.55
Wednesday, 21 Feb 2018 05:34pm EST 

Feb 21 (Reuters) - Exchange Income Corp ::Q4 EARNINGS PER SHARE C$0.55.Q4 ADJUSTED EARNINGS PER SHARE C$0.72.Q4 REVENUE ROSE 19 PERCENT TO C$263.9 MILLION.Q4 EARNINGS PER SHARE VIEW C$0.52, REVENUE VIEW C$248.7 MILLION -- THOMSON REUTERS I/B/E/S.INCREASES ANNUAL DIVIDEND 4.3% TO $2.19 PER SHARE.Q4 BASIC EARNINGS PER SHARE C$0.55.  Full Article

Exchange Income Agrees To Acquire Canlink Global For About $35 Mln
Wednesday, 21 Feb 2018 04:39pm EST 

Feb 21 (Reuters) - Exchange Income Corp ::EXCHANGE INCOME CORPORATION ENTERS INTO AN AGREEMENT TO ACQUIRE CANLINK GLOBAL INC. (MONCTON FLIGHT COLLEGE).EXCHANGE INCOME CORP - DEAL FOR A PURCHASE PRICE OF APPROXIMATELY $35 MILLION.EXCHANGE INCOME - INITIAL BASE PURCHASE OF $35 MILLION WILL BE FUNDED BY ISSUANCE OF EIC SHARES TO VENDORS REPRESENTING $6 MILLION, AVAILABLE CASH RESOURCES.  Full Article

Exchange Income Corp and Wasaya Group Agree To Partner​
Thursday, 1 Feb 2018 05:00pm EST 

Feb 1 (Reuters) - Exchange Income Corp ::EXCHANGE INCOME CORP - ‍ANNOUNCES WASAYA GROUP, CO ENTERED INTO AN AGREEMENT TO PARTNER​.EXCHANGE INCOME-AGREEMENT WHEREBY CO WILL RECAPITALIZE WASAYA, WASAYA SHAREHOLDERS WILL EXCHANGE PORTION OF THEIR INTERESTS IN WASAYA FOR CO'S SHARES.EXCHANGE INCOME CORP - ‍TRANSACTIONS, WITH ANTICIPATED GROWTH CAPITAL, EXPECTED TO BE ABOUT $25 MILLION THROUGH A COMBINATION OF DEBT AND EQUITY​.EXCHANGE INCOME CORP - ‍HAS FUNDED AN INITIAL INVESTMENT IN WASAYA WITH REMAINING TRANSACTIONS EXPECTED TO BE COMPLETED WITHIN Q1 OF 2018​.  Full Article

Exchange Income reports Q3 net earnings per basic share $0.78
Wednesday, 8 Nov 2017 07:00pm EST 

Nov 8 (Reuters) - Exchange Income Corp ::Exchange income corp-qtrly consolidated revenue was $253.4 million, up 13%.Exchange income corp-qtrly net earnings per basic share were $0.78.Exchange income corp-qtrly adjusted net earnings per basic share were $0.84.  Full Article

Exchange Income Corp reports Q2 basic earnings per share C$0.83
Wednesday, 19 Jul 2017 04:45pm EDT 

July 19 (Reuters) - Exchange Income Corp :Exchange Income Corporation reports record second quarter financial results.Q2 basic earnings per share C$0.83.Qtrly adjusted basic earnings per share C$0.77.Qtrly revenue C$273.15 million versus C$226.85 million.Exchange Income Corp says "will see a reduction in maintenance capital expenditures in latter half of year".  Full Article

Exchange Income Corp says responds to shorting campaign
Wednesday, 5 Jul 2017 10:00am EDT 

July 5 (Reuters) - Exchange Income Corp ::Reiterates its expectation that company will meet analyst consensus for 2017 fiscal year.Company is considering accelerating its share buyback program beyond its normal course issuer bid.It has become aware of a "short and distort campaign" aimed at undermining value of co's shares.  Full Article

Exchange Income Corp reports qtrly revenue $222.5 million
Tuesday, 9 May 2017 06:32pm EDT 

May 9 (Reuters) - Exchange Income Corp :Exchange Income Corporation reports first quarter 2017 results.Q1 earnings per share C$0.18.Q1 adjusted earnings per share c$0.25.Q1 adjusted earnings per share c$0.25.Exchange Income Corp - Qtrly revenue $222.5 million versus $217.9 million.Q1 revenue view C$222.9 million -- Thomson Reuters I/B/E/S.  Full Article

Exchange Income Corp responds on North West Co's announcement to acquire North Star Air
Friday, 28 Apr 2017 04:30pm EDT 

April 28 (Reuters) - Exchange Income Corp -:Exchange Income Corporation responds to the announcement by North West Company Inc to acquire North Star Air.Exchange Income-got notice from north west it will be transitioning freight service to its new unit in 90 days, at that time will cease as supplier to north west.  Full Article