The Successful Investor Hotline – Friday, May 27, 2016

BANK OF MONTREAL, $83.44, Toronto symbol BMO, gained 1% this week after announcing it will raise its dividend. The bank also said it’s setting aside more funds to cover potential bad loans to Canadian oil and gas firms; and with more of its customers banking… Read More

The Successful Investor Hotline – Thursday, May 20, 2016

CAE INC., $16.00, Toronto symbol CAE, is a leading maker of flight simulators and operates pilot-training schools in over 30 countries. It also produces simulators for military aircraft as well as mannequins and other medical-simulators for training health professionals.

The company earned $239.3 million in the… Read More

CANADIAN IMPERIAL BANK OF COMMERCE $96

CANADIAN IMPERIAL BANK OF COMMERCE $96 (www.cibc.com) earned $2.55 a share in the quarter ended January 31, 2016. That’s up 8.1% from $2.36 a year earlier. Strong gains at the bank’s main personal and business banking operations offset weaker earnings from wealth management and securities… Read More

Focusing on Canada pays off for CIBC

CANADIAN IMPERIAL BANK OF COMMERCE $87 (Toronto symbol CM; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 397.3 million; Market cap: $34.6 billion; Price-to-sales ratio: 2.7; Dividend yield: 5.3%; TSINetwork Rating: Above Average; www.cibc.com) is Canada’s fifth-largest bank, with total assets of $463.3 billion.

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The Successful Investor Hotline – Friday, December 4, 2015

SUNCOR ENERGY INC., $36.03, Toronto symbol SU, has extended its hostile all-stock takeover offer for Canadian Oil Sands (Toronto symbol COS) from December 4, 2015, to January 8, 2016. That’s because Alberta securities regulators upheld Canadian Oil Sands’ request for more time to look for… Read More

The Successful Investor Hotline – Friday, October 9, 2015

SUNCOR ENERGY INC., $36.67, Toronto symbol SU, has launched a hostile all-stock takeover offer for Canadian Oil Sands (Toronto symbol COS).

Canadian Oil Sands’ main asset is its 36.74% stake in the massive Syncrude oil sands development near Fort McMurray, Alberta. It also operates the project.

Suncor… Read More

CANADIAN IMPERIAL BANK OF COMMERCE $94 – Toronto symbol CM

CANADIAN IMPERIAL BANK OF COMMERCE $94 (Toronto symbol CM; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 397.2 million; Market cap: $37.3 billion;Price-to-sales ratio: 3.0; Dividend yield: 4.8%; TSINetwork Rating: Above Average; www.cibc.com) earned $990 million in its fiscal2015 third quarter, which ended… Read More