Mining stocks that pay dividends

Add to your long-term returns in the resource sector by investing in mining stocks that pay dividends
At TSI Network, we keep a sharp eye out for high-quality mining stocks that pay dividends.

Dividends are typically cash payouts that serve as a way companies share the wealth… Read More

Petro-Canada – former Toronto symbol PCA

Petro-Canada – former Toronto symbol PCA

Petro-Canada was Canada’s second largest integrated oil company. Its production centred on Western Canada before its sale to Suncor.
PETRO-CANADA was acquired by rival Suncor Energy Inc. (Toronto symbol SU) in August 2009.

Under the terms of the deal, Petro-Canada shareholders received 1.28 common shares of Suncor… Read More

GE’s spinoff plan still on track

GENERAL ELECTRIC CO. $101 remains a hold. The conglomerate (New York symbol GE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.1 billion; Market cap: $111.1 billion; Price-to-sales ratio: 1.4; Dividend yield: 0.3%; TSINetwork Rating: Average; www.ge.com) recently spun off its healthcare products business (X-ray equipment, MRI… Read More

XPO created three “pure-play” buys

Investors tend to embrace spinoffs as they create “pure-play” businesses that are easier to analyze and value.
For example, in the past two years, trucking firm XPO spun off its logistics operations and then its truck brokerage operations. So far, shares in two of the three… Read More

Spinoff spotlight: IAA Inc.

IAA INC. $40 is a hold. The company (New York symbol IAA; Manufacturing & Industry sector; Shares outstanding: 133.9 million; Market cap: $5.4 billion; No dividend paid; Takeover Target Rating: Highest; www.iaai.com) salvages damaged vehicles and sells them through online auctions.
In June 2019, KAR Auction Services Inc. (New York… Read More

Former spinoff attracts takeover offer

Canadian equipment auctioneering firm Ritchie Bros. recently agreed to acquire IAA Inc., a firm that Kar Auction Services spun off in June 2019. IAA salvages damaged vehicles and sells them through online auctions.
At the time of the split, we recommended IAA as a spinoff buy… Read More