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Kinross Gold Corp. reportssoaring results thanks to higher gold prices and cost controls.
Long-term favourite Suncor Energy Inc. has now earmarked a lot of its growing cash flow for shareholders
ResMed Inc. is a leader in the global sleep apnea device market with a near-monopoly in its niche as its total addressable market keeps expanding.
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To determine when to buy an ETF, some investors use technical analysis and other tools. But you need to dig deeper.
There is a randomness to stock market growth that can lead investors to make poor decisions if they don’t keep diversification and long-term goals in mind
Exchange Income Corp., $29.88, symbol EIF on Toronto (Shares outstanding: 27.6 million; Market cap: $820.1 million; www.exchangeincomecorp.ca), operates in two main areas: aviation and manufacturing. The aviation business (76% of its 2015 revenue) serves communities in Manitoba, Ontario and Nunavut through regional airlines. They include Perimeter Aviation, Keewatin Air, Calm Air International, Bearskin Lake Air Service, Custom Helicopters and Regional One. The manufacturing business (24% of revenue) includes WesTower Communications Canada (a maker and installer of wireless communication towers), Jasper Tank, Overlanders Manufacturing, Water Blast Manufacturing and Stainless Fabrication....
Exchange-traded funds (ETFs) give you a low-cost, flexible alternative to mutual funds. Here are five ETFs we recommend and one to sell.
PFIZER INC., $33.58, New York symbol PFE, is one of the world’s leading prescription-drug makers. Its top-selling brands include Lyrica (epilepsy), Celebrex (arthritis pain) and Enbrel (plaque psoriasis, rheumatoid arthritis). The company also makes over-the-counter medications and supplements, including Advil (pain relief), Centrum (vitamins) and Robitussin (cough syrup). In the three months ended March 31, 2016, earnings jumped 30.0%, to $4.2 billion from $3.2 billion a year earlier. Due to fewer shares outstanding, earnings per share gained 31.4%, to $0.67 from $0.51. That beat the consensus estimate of $0.55....
SUNCOR ENERGY INC., $33.84, Toronto symbol SU, has had to reduce production at its main oil sands operations about 25 kilometres north of Fort McMurray, Alberta, due to severe wildfires. In the quarter ended March 31, 2016, these operations accounted for 95% of Suncor’s bitumen production. The fires have also slowed production at the Syncrude oil sands facility, about 35 kilometers north of Fort McMurray. Suncor recently purchased an additional 5.0% interest in the operation. It now owns 53.74% of project. Its latest share purchase was for $937 million. That’s equal to 1.4 times the company’s first quarter cash flow of $682 million, or $0.45 a share....