Edition:
United States

Transcontinental Inc (TCLa.TO)

TCLa.TO on Toronto Stock Exchange

27.91CAD
23 Nov 2017
Change (% chg)

$-0.16 (-0.57%)
Prev Close
$28.07
Open
$28.06
Day's High
$28.09
Day's Low
$27.67
Volume
15,687
Avg. Vol
109,183
52-wk High
$31.95
52-wk Low
$18.44

Latest Key Developments (Source: Significant Developments)

TC Media sells its weekly courrier laval
Wednesday, 15 Nov 2017 11:00am EST 

Nov 15 (Reuters) - Transcontinental Inc :TC media sells its weekly courrier laval.Transcontinental Inc - ‍sale of its weekly courrier Laval, as well as its related web property, to 2m Média​.  Full Article

TC MEDIA SELLS 21 OF PUBLICATIONS TO BOUCHARD AND OUELLETTE
Wednesday, 8 Nov 2017 11:00am EST 

Nov 8 (Reuters) - Transcontinental Inc ::TC MEDIA SELLS 21 OF ITS PUBLICATIONS AND ITS INMEMORIAM.CA SITE TO RENEL BOUCHARD AND MARC-NOËL OUELLETTE OF ICIMÉDIAS INC..‍IN TOTAL, 140 EMPLOYEES OF THE 21 VARIOUS PUBLICATIONS AND 28 EMPLOYEES FROM TC MEDIA'S PRODUCTION TEAM ARE TRANSFERRED TO ICIMÉDIAS.  Full Article

Transcontinental says to ‍consolidate newspaper printing activities in Québec ​
Tuesday, 7 Nov 2017 09:00am EST 

Nov 7 (Reuters) - Transcontinental Inc :Transcontinental Inc - ‍consolidation of its newspaper printing activities in Québec into three plants​.Transcontinental Inc- ‍closure of Montréal-based Transcontinental Métropolitain in late January 2018​.Transcontinental - decision to ‍consolidate newspaper printing activities in Québec was made in context of decline in newspaper printing market​.Transcontinental Inc- Transcontinental Métropolitain plant currently has close to 60 employees​.Transcontinental Inc- ‍some job losses will result from closure of Transcontinental Métropolitain plant​.  Full Article

Transcontinental Inc acquires Quebec-based Les Industries Flexipak Inc
Wednesday, 1 Nov 2017 08:00am EDT 

Nov 1 (Reuters) - Transcontinental Inc ::Transcontinental Inc acquires Quebec-based Les Industries Flexipak Inc, extending its flexible packaging footprint to eastern Canada.Transcontinental - ‍as part of transaction, all Les Industries Flexipak managers and employees will be retained.  Full Article

TC Media sells its Saint-Jerome weekly: Journal Le Nord
Thursday, 21 Sep 2017 11:00am EDT 

Sept 21 (Reuters) - Transcontinental Inc ::TC media sells its Saint-Jerome weekly: Journal Le Nord.Sale of its Saint-Jérôme-based weekly Journal Le Nord, as well as its related web property, to Journal Le Nord inc.​.  Full Article

Transcontinental announces ‍departure of André Tremblay, appointment of Yves Leduc to board ​
Thursday, 7 Sep 2017 10:20am EDT 

Sept 7 (Reuters) - Transcontinental Inc ::Announces ‍departure of André Tremblay and appointment of Yves Leduc to corporation's board of directors​.  Full Article

Transcontinental q3 adjusted earnings per share C$0.65
Thursday, 7 Sep 2017 10:15am EDT 

Sept 7 (Reuters) - Transcontinental Inc :Transcontinental Inc. Announces its financial results for the third quarter of fiscal 2017.Q3 adjusted earnings per share C$0.65.Transcontinental Inc - qtrly ‍revenues went from $467.8 million in q3 of 2016 to $477.7 million in q3 of 2017​.Q3 earnings per share C$0.64.Transcontinental Inc - i‍n printing division, expect revenues from all retailer-related services to remain relatively stable in q4 of 2017.  Full Article

Transcontinental Inc announced sale of 2 publications
Wednesday, 30 Aug 2017 11:00am EDT 

Aug 30 (Reuters) - Transcontinental Inc ::Co's media sector, TC media, announced sale of its two Drummondville-based publications.Transcontinental also concluded a multi-year agreement for printing and distribution of publications​.  Full Article

TC Media sells six of its publications
Wednesday, 23 Aug 2017 11:00am EDT 

Aug 23 (Reuters) - TC Media: :TC Media sells six of its publications: Le Journal Saint-Francois, Le Soleil De Chateauguay, Brossard Eclair, Le Courrier Du Sud, L'information D'affaires Rive-Sud, and Le Reflet.‍TC Media says TC Transcontinental also concluded a multi-year agreement for printing and distribution of six publications​.  Full Article

Transcontinental reports Q2 earnings per share of C$0.60
Thursday, 8 Jun 2017 10:48am EDT 

June 8 (Reuters) - Transcontinental Inc ::Transcontinental Inc announces its financial results for the second quarter of fiscal 2017.Q2 adjusted earnings per share C$0.55.Q2 earnings per share view C$0.50 -- Thomson Reuters I/B/E/S.Revenues went from $497.2 million in Q2 of 2016 to $498.7 million in Q2 of 2017.Q2 earnings per share C$0.60.Considering additional contribution from expanded agreement with Lowe's Canada, we expect a slight increase in revenues from our services to retailers.Expect to generate significant cash flows and maintain financial position in 2017.For 2017, in printing division, expect a slight increase in revenues from services to retailers​.Expect organic growth in revenues and adjusted operating earnings of media sector will remain strong in 2017.In 2017, newspaper and magazine printing revenues will continue to be affected by a decrease in volume from decrease in circulation.In 2017, to offset decreases in printing revenue, activities, will benefit in short term from impact of printing plants closure in 2016.  Full Article

BRIEF-TC Media sells its weekly courrier laval

* Transcontinental Inc - ‍sale of its weekly courrier Laval, as well as its related web property, to 2m Média​ Source text for Eikon: Further company coverage: