Stock Pickers Digest Hotline – Friday, March 18, 2016

WESTJET AIRLINES, $20.34, symbol WJA on Toronto, started flying between Toronto and Boston this week. The new service will operate three times daily.

The route is operated by WestJet Encore, the company’s Canadian regional airline. Encore started up in June 2013. This business now operates 28… Read More

Stock Pickers Digest Hotline – Friday, May 08, 2015

DOREL INDUSTRIES INC., $34.25, symbol DII.B on Toronto, makes a range of items, including ready-to-assemble home and office furniture; juvenile products, such as car seats, strollers, high chairs, toddler beds and cribs; and sporting goods, mainly bicycles.

In the three months ended March 31, 2015, Dorel’s… Read More

Bellatrix cuts spending

BELLATRIX EXPLORATION $3.50 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403-266-8670; www.bellatrixexploration.com; Shares outstanding: 191.5 million; Market cap: $735.5 million; No dividends paid) will cut its 2015 exploration and development spending by 33.3%, to $200 million from $300 million in 2014, in response to low oil… Read More

BELLATRIX EXPLORATION $3.50 – Toronto symbol BXE

BELLATRIX EXPLORATION $3.50 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403-266-8670; www.bellatrixexploration.com; Shares outstanding: 191.5 million; Market cap: $735.5 million; No dividends paid) will cut its 2015 exploration and development spending by 33.3%, to $200 million from $300 million in 2014, in response to low oil… Read More

Stock Pickers Digest Hotline – Friday, January 30, 2015

CARFINCO FINANCIAL GROUP INC., $10.53, symbol CFN on Toronto, rebounded closer to its takeover price of $11.25 a share this week, after falling as low as $8.30 last week.

In November 2014, Carfinco’s shareholders voted to accept a friendly $11.25-a-share takeover bid from Spain’s Banco Santander… Read More

Stock Pickers Digest Hotline – Friday, October 10, 2014

SYMANTEC CORP., $21.94, symbol SYMC on Nasdaq, plans to break itself into two publicly traded companies.

One will keep the Symantec name and focus on antivirus and security software and services. This business had $4.2 billion of revenue in Symantec’s 2014 fiscal year, which ended March… Read More

BELLATRIX EXPLORATION $5.24 – Toronto symbol BXE

BELLATRIX EXPLORATION $5.24 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403- 266-8670; www.bellatrixexploration.com; Shares outstanding: 191.1 million; Market cap: $1.1 billion; No dividends paid) is now trading on the New York Stock Exchange, also under the BXE symbol.

Bellatrix originally listed its common shares on the… Read More

Activist investor spurs BXE

BELLATRIX EXPLORATION $7.43 (Toronto symbol BXE; TSINetwork Rating: Speculative) (403-266-8670; www.bellatrixexploration.com; Shares outstanding: 191.1 million; Market cap: $1.4 billion; No dividends paid) is now 7.4% owned by activist investor Orange Capital LLC. That’s up from the initial 5.3% interest that Orange Capital announced on September… Read More