acquisition
SHOPIFY $181.01 (Toronto symbol SHOP; TSINetwork Rating: Extra Risk) (613-241-2828; www.shopify.ca; Shares outstanding: 106.4 million; Market cap: $18.5 billion; No dividends paid) has bought Swedish e-commerce start-up company Tictail....
A: Enghouse Systems, $68.30, symbol ENGH on Toronto (Shares outstanding: 27.2 million; Market cap: $1.9 billion; www.enghouse.com), is a software and services provider.
The company operates through two business groups: Interaction Management (59% of total revenue) sells software for managing customer interactions; and Asset Management (41% of revenue) offers technology solutions for network operators and software solutions for transit and transportation operators.
Over the past five years, revenue for Enghouse Systems rose steadily from $179.9 million in 2013 (fiscal years ended October 31) to $325.4 million in 2017.
Earnings jumped 21.9%, from $24.3 million in 2013 ($0.94 per share) to $29.7 million ($1.14) for 2014....
The company operates through two business groups: Interaction Management (59% of total revenue) sells software for managing customer interactions; and Asset Management (41% of revenue) offers technology solutions for network operators and software solutions for transit and transportation operators.
Over the past five years, revenue for Enghouse Systems rose steadily from $179.9 million in 2013 (fiscal years ended October 31) to $325.4 million in 2017.
Earnings jumped 21.9%, from $24.3 million in 2013 ($0.94 per share) to $29.7 million ($1.14) for 2014....
In response to weaker oil and natural gas prices, Encana has decided to aggressively expand in the U.S., while Cenovus is cutting its output.
We’re confident that both approaches will pay off. However, Encana’s big, newly announced acquisition increases its risk, which is why the stock dropped sharply on the news....
FORTIS INC. $47 (Toronto symbol FTS; Income-Growth Portfolio, Utilities sector; Shares outstanding: 426.6 million; Market cap: $20.1 billion; Dividend yield 3.8%; Dividend Sustainability Rating: Highest; www.fortisinc.com) began supplying electricity to St....
SAPUTO INC. $41 (Toronto symbol SAP; High-Growth Payer Portfolio, Consumer sector; Shares o/s: 388.8 million; Market cap: $15.9 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Above Average; www.saputo.com) is Canada’s largest producer of dairy products....
METRO INC. $48 (Toronto symbol MRU; High-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding 227.4 million; Market cap: $10.9 billion; Dividend yield: 1.5%; Dividend Sustainability Rating: Highest; www.metro.ca) operates 600 grocery stores and 700 drugstores, in Quebec and Ontario.
With the March 2018 payment, Metro raised its quarterly dividend by 10.8%....
With the March 2018 payment, Metro raised its quarterly dividend by 10.8%....
ALGONQUIN POWER & UTILITIES CORP. $14 (Toronto symbol AQN; High-Growth Dividend Payer Portfolio, Utilities sector; Shares outstanding: 473.9 million; Market cap: $6.6 billion; Dividend yield: 4.9%; Dividend Sustainability Rating: Above Average; www.algonquinpower.com) operates through two main businesses: The Generation Group produces and sells electricity from 35 clean energy facilities across North America; and the Distribution Group provides regulated electricity, natural gas, water distribution and wastewater collection services.
The company last increased its quarterly dividend with the July 2018 payment....
The company last increased its quarterly dividend with the July 2018 payment....
Our complete guide to spinoffs is ready to download FREE: Spinoff Stock Investigator: All You Need to Know about Reaping the Rewards of Spinoffs.
A: Open Text, $45.13, symbol OTEX on Toronto (Shares outstanding: 263.1 million; Market cap: $12.3 billion; www.opentext.com), develops, markets, licenses and supports collaboration and enterprise-information-management software for corporate clients....