The Successful Investor Hotline – Friday, July 7, 2017

SNC-LAVALIN GROUP INC., $56.74, Toronto symbol SNC, is a leading Canadian engineering and construction company.
SNC has completed its acquisition of U.K.-based engineering firm WS Atkins plc.
Atkins specializes in industrial projects such as railways, nuclear power plants, water-treatment facilities and highways. The purchase should cut SNC’s… Read More

Dividend Advisor Hotline – Friday, May 26, 2017

CALIAN GROUP LTD., $26.45, Toronto symbol CGY, has two main operations: Business and Technology Services (supplying 70% of the company’s revenue) provides clients with engineers, health-care workers and other skilled professionals on a contract basis; and Systems Engineering (30% of revenue) sells hardware and software… Read More

The Successful Investor Hotline – Friday, May 19, 2017

CANADIAN IMPERIAL BANK OF COMMERCE, $106.66, Toronto symbol CM, is Canada’s fifth-largest bank, with total assets of $513.3 billion.
Shareholders of Chicago-based PrivateBancorp Inc. (Nasdaq symbol PVTB) have voted to accept CIBC’s latest takeover offer.
PrivateBancorp mainly lends to small and mid-sized businesses and also provides wealth-management… Read More

The Successful Investor Hotline – Friday, May 5, 2017

CANADIAN IMPERIAL BANK OF COMMERCE, $108.67, Toronto symbol CM, is Canada’s fifth-largest bank, with total assets of $513.3 billion.
This week, CIBC raised its takeover offer for Chicago-based PrivateBancorp Inc. (Nasdaq symbol PVTB). PrivateBancorp mainly lends to small and mid-sized businesses. It also provides wealth-management services… Read More

Good outlook for CIBC bid

CANADIAN IMPERIAL BANK OF COMMERCE $115 (Toronto symbol CM; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 399.7 million; Market cap: $46.0 billion; Price-to-sales ratio: 3.1; Dividend yield: 4.4%; TSINetwork Rating: Above Average; www. cibc.com) has increased its takeover offer for Chicago-based PrivateBancorp Inc… Read More