acquisition
A: Power Financial, $29.30, symbol PWF on Toronto (Shares outstanding: 664.1 million; Market cap: $19.8 billion; www.powerfinancial.com), holds majority interests in Great-West Lifeco, symbol GWO on Toronto, and IGM Financial, symbol IGM on Toronto.
We currently see Great-West as a hold and IGM Financial as a buy....
We currently see Great-West as a hold and IGM Financial as a buy....
A: When a company splits its shares, it is simply cutting itself up into a different number of pieces, without changing its fundamental value. It simply wants its stock to trade in a price-per-share range that seems reasonable to investors.
Mechanics of a split: If a stock’s price rises much beyond $50 a share in Canada (or $100 a share in the U.S.), some investors may shun it since it seems expensive....
Mechanics of a split: If a stock’s price rises much beyond $50 a share in Canada (or $100 a share in the U.S.), some investors may shun it since it seems expensive....
A: Medical Facilities Corp., $7.38, symbol DR on Toronto (Shares outstanding: 31.1 million; Market cap: $251.3 million, www.medicalfacilitiescorp.ca), owns majority interest in five specialty surgical hospitals in South Dakota, Indiana, Oklahoma and Arkansas....
A: NFI Group Inc., $27.32, symbol NFI on Toronto (Shares outstanding: 60.8 million; Market cap: $1.7 billion; www.newflyer.com), is a leading transit bus maker in the U.S., Canada and globally....
RIOCAN REAL ESTATE INVESTMENT TRUST $26.23 (Toronto symbol REI.UN; Units outstanding: 303.8 million; Market cap: $8.1 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.riocan.com) owns all or part of 217 shopping centres and other properties across Canada....
A: Fire & Flower Holdings Corp., $1.20, symbol FAF on Toronto (Shares outstanding: 119.3 million; Market cap: $145.2 million; www.fireandflower.com), is a Canadian-based licensed cannabis and accessories retailer in Alberta, Saskatchewan, Manitoba and the Yukon....
A: American Hotel Income Properties REIT, $6.68, symbol HOT.UN on Toronto (Units outstanding: 78.1 million; Market cap: $521.9 million, www.ahipreit.com), owns 112 hotels, comprising over 11,524 rooms in 33 U.S....
A: Parkland Fuel Corp., $42.10, symbol PKI on Toronto (Shares outstanding: 147.0 million; Market cap: $6.3 billion, www.parkland.ca), operates gas stations, convenience stores, and a fuel-distribution business in Canada, the U.S., and the Caribbean....
