acquisition
A: Tyson Foods Inc., $75.69, symbol TSN on New York (Shares outstanding: 294.8 million; Market cap: $27.1 billion; www.tysonfoods.com), is the biggest U.S. chicken company. And as well as chicken, it produces, distributes and markets beef and pork, along with prepared foods....
DANAHER CORP. $325 is a buy. The company (New York symbol DHR; Manufacturing sector; Shares outstanding: 713.9 million; Market cap: $232.0 billion; Dividend yield: 0.3%; Takeover Target Rating: Medium; www.danaher.com) is a leading maker of precision-testing equipment and tools....
While activist investors have a spotty record of success, it’s still worth keeping an eye on them given their focus on finding hidden value. Here are two companies now being targeted by activists. That should benefit all investors. Still, we see just one of the picks as right for your new buying.
CANADIAN NATIONAL RAILWAY CO....
CANADIAN NATIONAL RAILWAY CO....
As we often remind our readers, spinoffs are a great way for out-of-favour companies to boost shareholder value.
International Paper is key example. While the shutdown of schools due to COVID-19 hurt demand for writing and printing paper, the pandemic also increased demand for its cardboard packaging as more people began to order goods online.
The company now plans to spin off its printing paper business as a separate firm called Sylvamo....
International Paper is key example. While the shutdown of schools due to COVID-19 hurt demand for writing and printing paper, the pandemic also increased demand for its cardboard packaging as more people began to order goods online.
The company now plans to spin off its printing paper business as a separate firm called Sylvamo....
AltaGas took on a lot of risk with a huge acquisition in July 2018. But it stuck to its promise of selling non-core assets to pay down a lot of the debt it took on; the stable, regulated cash flows it gained have paid off.
We picked the stock for our readers in our May 2019 issue, and the shares have handed them a solid 43% gain on top of a high yield....
We picked the stock for our readers in our May 2019 issue, and the shares have handed them a solid 43% gain on top of a high yield....
The COVID-19 pandemic resulted in short-term disruptions to elective medical procedures. But despite that, hospital-equipment supplier Steris has gone on to hit new highs. Now, the company is in a great position to profit from favourable long-term demographic trends such as an aging population....
A: Slate Grocery REIT, $13.50, symbol SGR.UN on Toronto (Units outstanding: 46.9 million; Market cap: $657.7 million; www.slategroceryreit.com) owns grocery-anchored real estate in major metropolitan markets in the U.S....
eBay has gone through big changes over the last couple of years—spurred first by pressure from activist investors, then by COVID-19.
The company now faces the same challenges as other online retailers in maintaining momentum gained during the pandemic....
The company now faces the same challenges as other online retailers in maintaining momentum gained during the pandemic....
Loblaw’s shares have jumped 44% since the start of 2021, and recently hit a new all-time high of $92.00. That’s partly due to a reorganization in 2018 that transferred the company’s real estate business—Choice Properties REIT—to parent George Weston Ltd. The holding company owns 52.6% of Loblaw.
The reorganization let Loblaw better focus on its retail business, including expanding its online operations....
The reorganization let Loblaw better focus on its retail business, including expanding its online operations....
With a focus on renewable energy, these two power generators hold a lot of conceptual appeal for investors. But just as important, they have stable cash flows from their diverse mix of hydroelectric, wind and solar assets. That diversity, plus their long-term contracts, will let these utility firms continue to build out their operations and add to their sustainable dividends.
TRANSALTA RENEWABLES, $19.90, is a buy. The company (Toronto symbol RNW; Shares o/s: 266.9 million; Market cap: $5.2 billion; TSI Rating: Extra Risk; Divd....
TRANSALTA RENEWABLES, $19.90, is a buy. The company (Toronto symbol RNW; Shares o/s: 266.9 million; Market cap: $5.2 billion; TSI Rating: Extra Risk; Divd....