acquisition
A: Auxly Cannabis Group Inc., $0.90, symbol XLY on the Toronto Venture Exchange (Shares outstanding: 606.7 million; Market cap: $551.2 million; www.auxly.com), develops, produces, and sells cannabis products to the medical, wellness, and recreational markets....
What is Pat’s commentary for the week of August 7, 2019
IBM $148.24 (New York symbol IBM; Shares outstanding: 886.6 million; Market cap: $132.8 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.ibm.com) is one of the world’s largest computer company, with operations in over 175 countries.
Excluding one-time items, IBM earned $2.827 billion in the three months ended June 30, 2019....
Excluding one-time items, IBM earned $2.827 billion in the three months ended June 30, 2019....
A: Sandstorm Gold, $8.71, symbol SSL on Toronto (Shares outstanding: 178.8 million; Market cap: $1.5 billion; www.sandstormgold.com), has 188 production streams and royalties on gold mining sites; about 20 of them are related to producing mines.
Among those active mines is Yamana Gold’s Cerro Moro in Argentina, First Majestic’s Santa Elena mine in Mexico, McEwen Mining’s Black Fox mine in Ontario, and Bonterra Resources’ Bachelor Lake mine in Quebec.
The company acquires its royalties through gold-purchase agreements....
Among those active mines is Yamana Gold’s Cerro Moro in Argentina, First Majestic’s Santa Elena mine in Mexico, McEwen Mining’s Black Fox mine in Ontario, and Bonterra Resources’ Bachelor Lake mine in Quebec.
The company acquires its royalties through gold-purchase agreements....
BROADRIDGE FINANCIAL SOLUTIONS INC. $133 (New York symbol BR; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 116.4 million; Market cap: $15.5 billion; Price-to-sales ratio: 3.5; Dividend yield: 1.5%; TSINetwork Rating: Average; www.broadridge.com) has completed the acquisition of the retirement plan custody and trust assets of TD Ameritrade Trust Company, a subsidiary of TD Ameritrade Holding Corp....
MTS SYSTEMS CORP. $56 (Nasdaq symbol MTSC; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 18.0 million; Market cap: $1.0 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.1%; TSINetwork Rating: Average; www.mts.com) paid $80.0 million for E2M Technologies B.V....
UNITED TECHNOLOGIES CORP. $135 (New York symbol UTX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 862.3 million; Market cap: $116.4 billion; Price-to-sales ratio: 1.6; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.utc.com) completed its acquisition of Rockwell Collins in November 2018, for $30.6 billion in cash and stock (including that firm’s debt)....
INTERNATIONAL BUSINESS MACHINES CORP. $150 (New York symbol IBM; Conservative Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 886.6 million; Market cap: $133.0 billion; Dividend yield: 4.3%; Dividend Sustainability Rating: Above Average; www.ibm.com) raised its quarterly dividend by 3.2% with the June 2019 payment....