Canada Bread

CANADA BREAD CO. LTD. $43 (Toronto symbol CBY; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 25.4 million; Market cap: $1.1 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.9%; TSINetwork Rating: Above Average; www.canadabread.ca) is Canada’s second-largest producer of baked goods, after Weston Bakery. It also makes pastas and sauces. Its main brands include Dempster, Tenderflake and Olivieri.

Canada Bread’s sales rose from …read more »

Maple Leaf Foods and its subsidiary, Canada Bread, are in the middle of multi-year restructuring plan. A big part of this restructuring involves closing smaller plants and moving their operations into larger facilities with better machinery.

The plan’s cost has held back Maple Leaf’s earnings and share price. However, these moves will cut its costs, and help it better deal with …read more »

When we’re looking for stocks to recommend in our newsletters and investment services, our stock market research puts a lot of importance on the amount of goodwill that a company carries as an asset on its balance sheet.

Goodwill is an accounting entry that reflects the price that the company paid for its acquisitions, minus the value of the tangible …read more »

Maple Leaf Foods and its subsidiary Canada Bread are cutting costs so they can better compete with larger, U.S.-based food companies. Both companies are closing smaller plants and merging their operations with larger facilities. We like both, but Maple Leaf offers better value.

MAPLE LEAF FOODS INC. $11 (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 140.0 million; Market …read more »

Every Wednesday, we publish our “Investor Toolkit” series on TSI Network. Whether you’re a new or experienced investor, these weekly updates are designed to give you specific investment advice, based on our stock market research. Each Investor Toolkit update gives you a fundamental piece of investment strategy, and shows you how you can put it into practice right away.

Tip …read more »

Canada Bread Company Ltd., symbol CBY on Toronto, is Canada’s second-largest producer of baked goods after Weston Bakery. It also makes specialty pastas and sauces. The company’s main brands include Dempster’s, New York Bakery, Tenderflake, and Olivieri.

Earnings fell 21.3% to $61.0 million, or $2.40 a share, in the fiscal year ended December 31, 2010. In 2009, it earned $77.5 million …read more »

CANADA BREAD CO. LTD. $47 (Toronto symbol CBY; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 25.4 million; Market cap: $1.2 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.5%; TSINetwork Rating: Above Average; www.canadabread.ca) earned $2.85 a share in 2010, down 10.9% from $3.20 in 2009. The latest earnings exclude the costs of a new bakery in Hamilton, Ontario, which should begin …read more »

CAE INC. $11 (>www.cae.com) has renewed its pilot-training agreement with European aircraft maker Airbus until 2017. Under this alliance, CAE trains pilots to fly a wide range of Airbus planes at 18 training centres around the world. The need for new pilots is growing as current pilots retire. Long-term deals like this will help CAE profit from this trend. Best …read more »

THOMSON REUTERS INC. $38 continues to see weak demand from its clients in the finance sector. But sales of information products to other professionals, such as lawyers and doctors, continue to rise. Still, the company’s overall revenue fell 1.8% in the three months ended June 30, 2010, to $3.2 billion from $3.3 billion a year earlier (all amounts except share …read more »

Maple Leaf Foods has suffered several setbacks in the past three to four years. Because of unfavourable foreign-exchange rates, the company stopped exporting fresh meat products as part of a plan to focus on its more-profitable packaged-food and bakery businesses. Last year, 21 people died of listeriosis (a form of food poisoning) after eating contaminated meat. That led to lost …read more »