acquisition

SOUTH BOW CORP., $32.31, Toronto symbol SOBO, is a hold.

On October 1, 2024, TC Energy Corp. (Toronto symbol TRP) completed the spinoff of its oil pipeline business as separate company South Bow. Investors received 0.2 of a South Bow share for every TC share they held....
Broadridge Financial Solutions just grew earnings 69.6% with 13.1% higher revenues as internal growth and strategic acquisitions continue to pay off.
A: Flowserve Corp., $42.11, symbol FLS on New York (Shares outstanding: 131.7 million; Market cap: $5.3 billion; www.flowserve.com), manufactures industrial pumps, valves, and other machinery for several industries that use difficult-to-handle or corrosive fluids....
Major Drilling reported higher revenue and has acquired a key asset in South America that cements its position as the world’s largest mineral driller.
AZEK COMPANY INC., $48.35, symbol AZEK on New York, manufactures sustainable building products focused on the outdoor living market. The company was founded in 1983 in Chicago.

Azek operates two divisions: Residential, which includes its TimberTech and Azek Exteriors brands, makes capped polymer and capped composite decking, along with railing, porch, lighting and paver products, and exterior PVC trim and moulding; and Commercial, which manufactures low-maintenance bathroom partitions, shower and dressing stalls, lockers and other storage solutions for schools, arenas, and other commercial facilities.

Azek’s residential segment generates 95% of its sales, with the commercial division accounting for the remaining 5%....
RESMED INC., $205.17, is a buy. The firm, symbol RMD on New York, helps investors tap the growing market for medical devices used to treat sleep apnea. ResMed’s CPAP (nasal continuous positive airway pressure) devices are also used to treat patients with chronic obstructive pulmonary disease as well as other respiratory conditions.

With each new machine ResMed sells, it also acquires a potential long-term customer for replacement parts....
TD BANK, $85.82, is a buy for patient, income-seeking investors. The lender (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $148.7 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%; www.td.com) recently settled charges over lapses in the anti-money laundering processes at its U.S....
Agilent Technologies’ solid financial performance and focus on high-growth biopharmaceutical market segments make it an attractive opportunity.
MERCK & CO. INC., $89.23, is a buy. The drugmaker (symbol MRK on New York) is a pharmaceutical leader in oncology, acute-care and animal health drugs as well as vaccines.

The company is now paying up to $2 billion for the rights to Jiangsu Hengrui Pharmaceuticals Co.’s experimental heart drug....
KYNDRYL HOLDINGS INC., $31.32, New York symbol KD, is still a hold.

The company took its current form in November 2021 when International Business Machines Corp. (New York symbol IBM) spun off its legacy business of helping corporate and government clients manage their datacentres....