The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Toromont Industries (TSE:TIH – Get Free Report) had its target price boosted by equities researchers at CIBC from C$128.00 to C$129.00 in a research report issued on Monday,BayStreet.CA reports.

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Toromont Industries said it acquired a majority interest in AVL Manufacturing, a maker of power-generation and storage enclosures in Ontario. The Toronto-based specialized-equipment company said ...

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Reuters — Toromont Industries said Monday it would buy privately held Hewitt Group for about $1.02 billion in cash and shares to expand its network of heavy equipment dealers in Eastern Canada.