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Spin Master, Air Canada, ATCO at 52-Week High on News

Air Canada (T.AC) Hit a 52-Week High of $25.82. Air Canada and the Air Canada Foundation today announced the two inaugural recipients of the Big Dreams Grant Program, a national community investment initiative that launched earlier this year, inspired by Air Canada's longstanding partnership with the Canadian Olympic Committee and Canadian Paralympic Committee, and by the spirit of Team Canada

ATCO Ltd. (T.ACO-X) Hit a 52-Week High of $80.36. The company says its earnings attributable to Class I non-voting and Class II voting shares totalled $88 million in its second quarter, up from $64 million in the same period a year earlier. That amounted to a profit of 78 cents per share for the quarter ended June 30, compared with 57 cents per share a year ago.

ARC Resources Ltd. (T.ARX) Hit a 52-Week High of $32.81. Two weeks ago, Shell announced it was acquiring ARC Resources, expanding its position in Canadian Montney gas and related LNG opportunities.

Brookfield Infrastructure Partners L.P. (T.BIP-UN) Hit a 52-Week High of $61.50. In the second quarter, Brookfield Infrastructure generated funds from operations (FFO) per unit of $0.89, representing a 10% increase compared to the prior year and achieving our growth target.

Magna International Inc. (T.MG) Hit a 52-Week High of $96.64. Magna announced this week it was introducing New 250kW 800V 2-speed eDrive program award highlights Magna's advanced electrification capabilities. The program is to be produced at Magna's new Wuhu facility, supporting localized execution in China.

SECURE Waste Infrastructure Corp (T.SES) Hit a 52-Week High of $24.00. SECURE this week reported second-quarter revenue of $422 million, up 19% year-over-year. Net income of $43 million, up 43% year-over-year on a per basic share basis ($0.20)

Slate Grocery REIT (T.SGR-UN) Hit a 52-Week High of $17.56. Slate Grocery REIT announced earlier this month that the Board of Trustees has declared a distribution for the month of July of U.S.$0.072 per class U unit of the REIT, or U.S.$0.864 on an annualized basis

Spin Master Corp. (T.TOY) Hit a 52-Week High of $20.84. Spin Master is reportedly rethinking a plan it had to increase toy prices. It was previously set to use price hikes to offset US$15 million in additional costs it was expecting to incur from the war in the Middle East through the second half of this year.