Latest Stock Advice
Top pick Yum Brands Inc. gives you sales growth, steady EPS growth, and a solid dividend
Teck Resources Ltd. is a solid bet on higher copper prices with its big merger winning approvals
Toromont Industries Ltd. should see continued earnings growth thanks to its leading market share and Canada’s plan to increase spending on infrastructure projects.
Top pick Barrick Mining just raised its dividend a whopping 140% as it generates record earnings and continues its strategic asset reorganization.
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A Member of Pat McKeough’s Inner Circle asked for his advice on an ETF that focuses on Canadian finance firm common shares, preferred shares and corporate bonds.
Pat likes the high distribution rate but warns that rate may be unsustainable....
Pat likes the high distribution rate but warns that rate may be unsustainable....
How to identify the top copper mining stocks—and how to best to fit them into your portfolio
TRANSCANADA CORP. $45.10 (Toronto symbol TRP; Shares outstanding: 708.9 million; Market cap: $31.5 billion; TSINetwork Rating: Above Average; Dividend yield: 4.6%; www.transcanada.com) earned $440 million, or $0.62 a share, in the three months ended September 30, 2015. That’s down 2.2% from $450 million, or $0.63 a share, a year earlier. The decline is mainly due to lower power prices in Alberta. Unplanned outages also cut earnings at the Bruce nuclear power station in Ontario (TransCanada owns 48.9% of the Bruce A reactor and 31.6% of Bruce B). However, revenue rose 20.1%, to $2.9 billion from $2.45 billion, due to gains from its pipelines and U.S. power plants....
Top regional airline Chorus Aviation is a rising growth stock, but its affiliation with Air Canada may prove to bring as much risk as reward.
One of our top U.S. dividend stocks, Procter & Gamble knows which products to keep and which to sell off for greater long-term profits.
AASTRA TECHNOLOGIES $37.48 (Toronto symbol AAH; TSINetwork Rating: Speculative) (905-760-4200; www.aastra.com; Shares outstanding: 11.8 million; Market cap: $430.6 million; Dividend yield: 2.1%) has jumped over 80% since we recommended it in our last issue.
< br /> The stock surged because Aastra agreed to a friendly takeover offer from business communications products and software rival Mitel Networks (symbol MNW on Toronto).
< br /> Mitel is offering $6.52 U.S. in cash and 3.6 of its common shares for each share of Aastra. Based on today’s price for Mitel stock, the offer is worth $38.60 per Aastra share.
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< br /> The stock surged because Aastra agreed to a friendly takeover offer from business communications products and software rival Mitel Networks (symbol MNW on Toronto).
< br /> Mitel is offering $6.52 U.S. in cash and 3.6 of its common shares for each share of Aastra. Based on today’s price for Mitel stock, the offer is worth $38.60 per Aastra share.
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