acquisition
CENOVUS ENERGY INC. $10 is a buy. The company (Toronto symbol CVE; Conservative Growth Portfolio, Resources sector; Shares outstanding: 2.0 billion; Market cap: $20.0 billion; Price-to-sales ratio: 0.8; Dividend yield 0.7%; TSINetwork Rating: Extra Risk; www.cenovus.com) completed its acquisition of rival oil producer Husky Energy Inc....
Nutrien has risen just 16% since the merger of Agrium and Potash Corp. at the start of 2018. That’s modest compared to the 26% rise for the S&P/TSX Composite Index. Still, we feel that slower rise speaks to Nutrien’s unrecognized value. In fact, we believe the company is in a strong position to accelerate its growth over the next few years.
The fertilizer giant has now mostly integrated the operations of its two predecessors....
The fertilizer giant has now mostly integrated the operations of its two predecessors....
INTRODUCTION: EXERCISE CAUTION WITH IPOS
There have been a lot of high-profile initial public offerings, or IPOs, over the last couple of years. Prominent names include Airbnb, DoorDash, Snowflake, Lightspeed POS and Zoom Video, as well as Uber and Lyft....
A: Orocobre Ltd., $8.60, symbol ORL on Toronto (Shares outstanding: 344.4 million; Market cap: $2.7 billion; www.orocobre.com), mines lithium, potash, and other mineral deposits. The company’s operations include the Olaroz lithium mine and processing facility in Argentina, two open-pit borax mines in Argentina, and several other lithium properties acquired through its acquisition of Advantage Lithium in 2020.
On April 19, 2021, Orocobre announced that it would acquire Galaxy Resources (symbol GXY on the Australian Stock Exchange) for $1.38 billion (all figures except share price and market cap in U.S....
On April 19, 2021, Orocobre announced that it would acquire Galaxy Resources (symbol GXY on the Australian Stock Exchange) for $1.38 billion (all figures except share price and market cap in U.S....
A: Herman Miller Inc., $42.62, symbol MLHR on Nasdaq (Shares outstanding: 75.3 million; Market cap: $3.2 billion; www.hermanmiller.com), is a leading manufacturer of well-designed furniture for the home and office....
GREAT-WEST LIFECO, $38.00, is still a hold. The insurer (Toronto symbol GWO; shares outstanding: 928.4 million; Market cap: $35.0 billion; TSINetwork Rating: Above Average; Dividend yield: 4.6%; www.greatwestlifeco.com), through its Empower Retirement division, is buying the full-service retirement business of U.S.-based Prudential Financial Inc....
PEMBINA PIPELINE, $40.90, is still a buy. The company (Toronto symbol PPL; Shares outstanding: 550.0 million; Market cap: $22.6 billion; TSINetwork Rating: Average; Dividend yield: 6.2%; www.pembina.com) has lost out in its takeover bid for Inter Pipeline Ltd....
SUN LIFE FINANCIAL INC. $64 is a buy. The stock (Toronto symbol SLF; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 585.6 million; Market cap: $37.5 billion; Dividend yield: 3.4%; Dividend Sustainability Rating: Above Average; www.sunlife.ca) lets investors tap Canada’s third-largest life insurance company by market cap after Manulife (No....
The COVID-19 pandemic continues to lift the earnings of Microsoft and Cisco, as businesses need their products to connect with employees working remotely. Demand will likely remain elevated as many of these temporary changes evolve into longer-lasting trends. That should let both firms keep raising their dividends for shareholders.
MICROSOFT CORP....
MICROSOFT CORP....
A: Agnico Eagle Mines Ltd., $77.01, symbol AEM on Toronto (Shares outstanding: 243.0 million; Market cap: $18.6 billion; www.agnico-eagle.com), has eight gold mines: five in Canada (LaRonde, Meadowbank, Meliadine, Goldex and Malarctic), one in Finland (Kittila), and two in Mexico (Pinos Altos and La India).
In addition, on February 2, 2021, the company completed the acquisition of Toronto-listed TMAC Resources Inc....
In addition, on February 2, 2021, the company completed the acquisition of Toronto-listed TMAC Resources Inc....