Warner Music Group Corp. is well-positioned for higher-margin catalog revenues, added streaming adoption, and new AI monetization opportunities.
ARC Resources keeps returning its cash flow to shareholders through a growing dividend and substantial share buybacks.
These aren’t space startups: discover 7 dividend-paying aerospace and defense contractors tied to NASA’s Artemis mission (from TSI’s latest Globe and Mail column).
Become a Successful Investor
Learn the biggest investing for retirement mistakes Canadians over 45 make, plus safer ways to build steady income with stocks, ETFs, and REITs.
What are the most profitable stocks to buy? Blue chip stocks are included in that group—and here are the key characteristics you need to target for maximum success
HEWLETT-PACKARD ENTERPRISE CO., $18.25, New York symbol HPE, sells computing services and products, such as servers and analytics software, to businesses and governments. The stock jumped over 15% this week after the company announced that it would spin off its Enterprise Services business and merge it with Computer Sciences Corp. (New York symbol CSC). The Enterprise Services operations, which supply 36% of HP Enterprise’s total revenue, help corporate clients manage their data centres and computer networks....
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 online, it will cut 4% of its workforce. In its fiscal 2016 second quarter, which ended April 30, 2016, Bank of Montreal earned $1.152 billion. That’s a gain of 0.5% over $1.146 billion a year earlier. Due to fewer shares outstanding, earnings per share rose 1.2%, to $1.73 from $1.71. These figures exclude severance payments and other unusual items. On that basis, the latest earnings missed the consensus estimate of $1.75 a share....
The fast-food industry faces several long-term challenges. These include the consumer shift to more nutritious foods and new laws to increase minimum wage rates. McDonald’s has a history of adapting to changing trends. The new plan is to increase sales through better food and customer service. It’s already paying off. The company is also cutting its costs by transferring more of its outlets to franchisees. McDonald’s will use most of the savings for share buybacks and dividends. That should continue to push the stock higher....
MONSANTO CO. $112 (New York symbol MON, Aggressive Growth Portfolio; Manufacturing & Industry sector; Shares outstanding: 436.8 million; Market cap: $48.9 billion; Price-tosales ratio: 3.5; Dividend yield: 1.9%; TSINetwork Rating: Above Average; www.monsanto.com) develops and sells technology-based agricultural products, such as genetically modified seeds, to farmers, grain processors and food companies. It also sells weed- and pest-control products. The company is now the target of a $122.00-a-share, all-cash takeover bid by Bayer AG— the German farm chemical and drugmaker. Bayer feels the merger would help both firms compete with rivals Dow Chemical Co. and DuPont Co., which plan to merge later this year. As well, China National Chemical Corp. agreed in February 2016 to acquire Switzerland- based Syngenta AG....