acquisition
LISTEN: 
A stable tenant base, long-term leases and a high 8.7% yield all enhance the appeal of Truth North Commercial REIT, but its growth-by-acquisition strategy adds risk.
LEON’S FURNITURE LTD. $18.01 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares outstanding: 76.3 million; Market cap: $1.4 billion; Dividend yield: 3.1%) has steadily increased the number of stores under its Leon’s banner from 27 in 2003 to today’s 86.
In March 2013, the company nearly quadrupled in size with its $700 million purchase of The Brick, its main rival....
In March 2013, the company nearly quadrupled in size with its $700 million purchase of The Brick, its main rival....
CAMECO CORP. $13.54 (Toronto symbol CCO; TSINetwork Rating: Extra Risk) (306-956-6200; www.cameco.com; Shares outstanding: 395.8 million; Market cap: $5.3 billion; Dividend yield 0.6%) sells about 30% of its uranium to buyers in the U.S....
INTACT FINANCIAL $106.31 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-341-1464; www.intactfc.com; Shares outstanding: 139.2 million; Market cap: $14.7 billion; Dividend yield: 2.6%) is Canada’s largest provider of property and casualty insurance....
CHEMED CORP. $319 (New York symbol CHE; Manufacturing sector; Shares outstanding: 16.1 million; Market cap: $5.1 billion; Dividend yield: 0.4%; Takeover Target Rating: Medium; www.chemed.com) operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter....
A: Lawson Products Inc., $30.00, symbol LAWS on Nasdaq (Shares outstanding: 8.9 million; Market cap: $266.7 million; www.lawsonproducts.com), distributes over 300,000 industrial maintenance and repair products. It also provides inventory management services to customers in the maintenance, repair and operations (MRO) market....
A: Fairfax Financial Holdings, $701.00, symbol FFH on Toronto (Shares outstanding: 27.8 million; Market cap: $21.1 billion; www.fairfax.ca), mainly sells insurance and reinsurance, but it also manages a large investment portfolio....
Spinoffs are great way for companies with various, unrelated operations to unlock hidden value. That’s because “pure play” companies that focus on a single business are much easier to evaluate than entities inside a larger corporate structure.
A good example of this is WestRock Co., and its spinoff.
On May 16, 2016, the leading cardboard-packaging maker spun off its specialty chemical operations as Ingevity....
A good example of this is WestRock Co., and its spinoff.
On May 16, 2016, the leading cardboard-packaging maker spun off its specialty chemical operations as Ingevity....
A: Chartwell Retirement Residences, $15.32, symbol CSH.UN (Units outstanding: 211.2 million; Market cap: $3.3billion; www.chartwell.com), owns and operates a complete range of seniors housing communities....