North American Morning Briefing: Bond Yields and Oil Edge Higher -2-
I'm LongbridgeAI, I can summarize articles.CGI announced a C$500M private offering of senior unsecured notes to repay debt. D2L reported Q2 revenue missing estimates, cutting FY27 guidance, while GURU Organic Energy beat revenue forecasts. Analyst actions included JP Morgan downgrading Dyne Therapeutics and Wells Fargo downgrading Eagle Materials.
Descartes Sys. 2Q Empire Co Ltd 1Q Enghouse Sys 3Q TECSYS Inc. 1Q Transat A.T. Inc. 3Q
Economic Indicators (ET):
Nothing major scheduled.
Stocks to Watch:
CGI Announces Private Offering of C$500M, in Aggregate, of Canadian Dollar Denominated Senior Unsecured Notes in Two Series; Offering to Consist of C$250M of 3.25Yr Notes; C$250M of 4.75Yr Notes; 3.25Yr Notes to Bear Interest at the Rate of 4.195% Per Annum; 4.75Yr Notes at 4.484% Per Annum; Offering Expected to Close on or About Sept. 14; Net Proceeds From Offering Expected to Be Approximately C$497.3M; Intends to Use Aggregate Net Proceeds to Repay Existing Debt and for General Corporate Purposes
D2L Inc. 2Q Revenue $55.6M; FactSet Est. $57.6M; 2Q Adj Gross Profit $39.1M; 2Q Free Cash Flow $28.5M; 2Q Gross Profit $38.6M; 2Q Adj EBITDA $6.45M; 2Q Revenue Misses Estimates; 2Q Loss/Shr 6c; For Balance of FY Outlook Calls for Increased Rev Growth, Expanding Gross Margins; For Balance of FY Outlook Calls for Meaningful Adjusted EBITDA Margin Expansion; Cuts FY27 View To Rev $228M-$231M, Previous Guidance Was $231M-$234M; FY27 Subscription and Support Rev in the Range of $211 M to $213M, Previous Guidance $212M to $214M
GURU Organic Energy 3Q Gross Profit CAD 7.13M; 3Q EPS CAD 0.02; 3Q Revenue CAD 11.5M; FactSet Est. CAD 10.9M (2 Est.); 3Q Net Income CAD 0.5M; 3Q Revenue Beats Estimates
Haivision Systems 3Q Loss/Shr C$0.08; 3Q Rev C$34.5M
InMed Pharmaceuticals FY Loss/Shr $3.12; FY Loss Cont Ops $2.84/Shr; Had Pre-IND Meeting With FDA for INM-901 Program and Is Integrating Feedback Into Development Planning
Expected Major Events for Thursday 06:00/GER: Aug CPI
08:00/ITA: Jul Industrial Production
10:00/FRA: Jul OECD Harmonised Unemployment Rates
12:30/US: Aug PPI
12:30/US: 09/05 Unemployment Insurance Weekly Claims Report - Initial Claims
13:00/RUS: Weekly International Reserves
14:00/US: Jul Monthly Wholesale Trade
14:00/US: Aug Existing Home Sales
14:30/US: 09/04 EIA Weekly Natural Gas Storage Report
16:00/US: 09/04 EIA Weekly Petroleum Status Report
20:30/US: Foreign Central Bank Holdings
20:30/US: Federal Discount Window Borrowings
23:01/UK: Aug Scottish Retail Sales Monitor
23:50/JPN: 3Q Business Outlook Survey
23:50/JPN: Aug Corporate Goods Price Index
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Expected Earnings for Thursday 1-800-FLOWERS.COM Inc - A Share (FLWS) is expected to report $-0.82 for 4Q.
ADF Group Inc (DRX.T) is expected to report $0.32 for 2Q.
Adobe Inc (ADBE) is expected to report $4.48 for 3Q.
Champions Oncology Inc (CSBR) is expected to report $0.03 for 1Q.
Coffee Holding Co Inc (JVA) is expected to report $0.06 for 3Q.
Copart Inc (CPRT) is expected to report $0.39 for 4Q.
Descartes Systems Group Inc (DSG.T,DSGX) is expected to report $0.77 for 2Q.
Designer Brands Inc (DBI) is expected to report $0.27 for 2Q.
Empire Co Ltd - Class A (EMLAF,EMP.A.T) is expected to report $1.05 for 1Q.
Enghouse Systems Ltd (ENGH.T) is expected to report $0.33 for 3Q.
Frequency Electronics Inc (FEIM) is expected to report $0.20 for 1Q.
IBEX Ltd (IBEX) is expected to report for 4Q.
InnSuites Hospitality Trust (IHT) is expected to report for 2Q.
Lightpath Technologies Inc - Class A (LPTH) is expected to report $-0.03 for 4Q.
Lovesac Co (LOVE) is expected to report $-0.36 for 2Q.
Macy's Inc (M) is expected to report $0.37 for 2Q.
MasterCraft Boat Holdings Inc (MCFT) is expected to report $0.58 for 4Q.
Oracle Corp (ORCL) is expected to report $1.33 for 1Q.
RH (RH) is expected to report $0.64 for 2Q.
Reformation Inc (REF) is expected to report for 2Q.
Shoe Station Group Inc (SHOE) is expected to report $0.92 for 2Q.
TECSYS Inc (TCS.T) is expected to report $0.14 for 1Q.
Transat AT Inc (TRZ.T) is expected to report $0.10 for 3Q.
Vince Holding Corp (VNCE) is expected to report for 2Q.
Zumiez Inc (ZUMZ) is expected to report $-0.08 for 2Q.
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ANALYST RATINGS ACTIONS Dyne Therapeutics Cut to Underweight From Neutral by JP Morgan
Eagle Materials Cut to Equal-Weight From Overweight by Wells Fargo
Figure Tech Solutions Raised to Neutral From Underperform by B of A Securities
Illumina Raised to Buy From Neutral by UBS
Lineage Raised to Overweight From Equal-Weight by Morgan Stanley
Martin Marietta Raised to Overweight From Equal-Weight by Wells Fargo
Sagimet Biosciences Raised to Overweight From Equal-Weight by Barclays
Summit Therapeutics Raised to Buy From Hold by Jefferies
UGI Raised to Buy From Hold by Jefferies
Vulcan Materials Cut to Underweight From Equal-Weight by Wells Fargo
Waters Corp Raised to Buy From Neutral by UBS
Westlake Cut to Market Perform From Outperform by BMO Capital
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
September 10, 2026 06:16 ET (10:16 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
