acquisition
Bell Aliant was a key acquisition for BCE in 2014, with the company agreeing to pay $3.95 billion in cash and stock for a 56% stake.
METRO INC. $48 (Toronto symbol MRU; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 255.7 million; Market cap: $12.3 billion; Price-to-sales ratio: 0.8; Dividend yield: 1.5%; TSINetwork Rating: Average; www.metro.ca) operates 600 grocery stores and 650 drugstores, in Quebec, Ontario and New Brunswick.
In May 2018, Metro acquired Jean Coutu Group (PJC) Inc....
In May 2018, Metro acquired Jean Coutu Group (PJC) Inc....
The shares of Finning and Toromont have moved down lately in response to lower commodity prices. However, recent acquisitions put both companies in a strong position to expand their earnings when commodity prices rebound.
FINNING INTERNATIONAL INC....
The shares of Canada’s big five banks have moved down recently, mainly due to fears that a slowing economy and rising interest rates will cut demand for new loans. However, each of the five continue to lower their costs and expand outside of Canada. That should spur their future earnings and dividends.
TORONTO-DOMINION BANK $68 (Toronto symbol TD; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 1.8 billion; Market cap: $122.4 billion; Price-to-sales ratio: 3.4; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.td.com) gets 56% of its earnings from its Canadian retail business....
A: Jollibee Foods Corporation, $6.20, symbol JBFCF on the Nasdaq over-the-counter market (Shares outstanding: 1.1 billion; Market cap: $6.8 billion; www.jollibee.com.ph), is a multinational operator of fast-food restaurants based in the Philippines....
Global food giants are eager to spur growth—either by swapping their sugary offerings for more healthful treats or by acquiring and then streamlining smaller competitors. Apart from market leaders PepsiCo and Coca-Cola, other big firms, like Kraft Heinz, are looking to make more acquisitions.
Below are special reports on two smaller food companies that we cover in our Spinoffs, Takeovers & Special Situations newsletter....
Below are special reports on two smaller food companies that we cover in our Spinoffs, Takeovers & Special Situations newsletter....
Although it dominates the recreational vehicle (RV) industry, Camping World Holdings has seen its share price fall this year thanks in part to a number of risk factors.
TD Bank reported higher earnings in the latest quarter for both its Canadian and U.S. businesses. The bank continues to expand; its recent $729 million acquisition of Regina-based wealth management firm Greystone Managed Investments now makes it Canada’s largest wealth management firm....
STEP Energy Services provides tubing for tough “fracking” jobs in Canada and is expanding operations in the U.S., but its shares are down in today’s tough energy climate.