acquisition
TOROMONT INDUSTRIES LTD. $66 (Toronto symbol TIH; High-Growth Dividend Payer Portfolio; Manufacturing & Industry sector; Shares o/s: 81.3 million; Market cap: $5.4 billion; Dividend yield: 1.4%; Dividend Sustainability Rating: Above Average; www.toromont.com) distributes a broad range of industrial equipment, including machinery made by Caterpillar....
A: CCL Industries Inc., $58.88, symbol CCL.B on Toronto (Shares outstanding: 177.0 million; Market cap: $10.5 billion; www.cclind.com), mainly makes packaging products for the food, health-care, automotive and personal-care industries....
A: High Liner Foods Inc., $8.32, symbol HLF on Toronto (Shares outstanding: 33.4 million; Market cap: $277.9 million, www.highliner.com), processes and markets frozen seafood....
LISTEN: 
Studies show that both a spinoff and its parent company perform better than comparable firms for several years following their split. That’s especially so with industry leaders like these two.
WYNDHAM DESTINATIONS $42.92 (New York symbol WYND; TSI Rating: Extra Risk) (973-753-6000; www.wyndhamdestinations.com; Shares outstanding: 99.4 million; Market cap: $4.3 billion; Dividend yield: 3.8%) was formerly Wyndham Worldwide (WYN)....
WYNDHAM DESTINATIONS $42.92 (New York symbol WYND; TSI Rating: Extra Risk) (973-753-6000; www.wyndhamdestinations.com; Shares outstanding: 99.4 million; Market cap: $4.3 billion; Dividend yield: 3.8%) was formerly Wyndham Worldwide (WYN)....
EDGEWELL PERSONAL CARE CO. $48 (New York symbol EPC; Consumer sector; Shares o/s 54.0 million; Market cap: $2.6 billion; No dividends paid; Takeover Target Rating: Highest; www.edgewell.com) is a consumer products company. Its brands include Schick, Edge, Hawaiian Tropic and Wet Ones....
HEXO CORP. $8.10 (Toronto symbol HEXO; Shares outstanding: 198.3 million; Market cap: $1.6 billion; No dividend paid; Takeover Target Rating: Highest; www.thcx.com) is a Canadian-based producer and distributor of medical cannabis with production facilities in Quebec....
PepsiCo’s $3.2 billion U.S. takeover bid for SodaStream International Ltd.—maker of the world’s leading home carbonation system—highlights growing consolidation in the food-and-beverage industry.
Big players are eager to spur growth—either by swapping their sugary offerings for more healthful trendy treats or by gobbling up and then streamlining smaller competitors....
Big players are eager to spur growth—either by swapping their sugary offerings for more healthful trendy treats or by gobbling up and then streamlining smaller competitors....
TRISURA GROUP LTD. $27 (Toronto symbol TSU; Finance Sector; Shares outstanding: 6.6 million; Market cap: $178.2 million; Takeover Target Rating: Medium; No dividends paid; www.trisura.com) offers insurance in three areas: Risk Solutions provides warranties for manufactured products; Surety Insurance guarantees that specific tasks are completed; and Corporate Insurance and Reinsurance offers policies to professionals to cover malpractice and defamation.
Brookfield Asset Management (Toronto symbol BAM.A) spun off Trisura in June 2017....
Brookfield Asset Management (Toronto symbol BAM.A) spun off Trisura in June 2017....
Clothing maker VF Corp. surprised investors in August when it announced plans to spin off its Lee jeanswear business as a separate company. That pushed the stock up to a new all-time high of $97, although it has since moved down slightly.
We feel VF has room to move higher, particularly as it focuses on its faster-growing brands....
We feel VF has room to move higher, particularly as it focuses on its faster-growing brands....