TSX:HPS.A - Post Discussion
Post by
retiredcf on Mar 30, 2024 6:45am
Globe's Stars & Dogs
Hammond Power Solutions Inc. (STAR)
$145.01+25.24 (21.07%) Past five days
Business quiz! Shares of Hammond Power Solutions Inc. rose after the manufacturer of electrical transformers: a) announced that it had developed a “proprietary technology that uses high-voltage electricity to convert raw sewage into gold and silver”; b) won an exclusive contract to supply electrical equipment to hotels and casinos on the Las Vegas strip; c) announced that fourth-quarter sales jumped nearly 30 per cent to a record $187-million and net income rose 9.2 per cent to $19.9-million or $1.68 a share, prompting the company to hike its dividend. Answer: c.
Be the first to comment on this post