acquisition
A: Senior Secured Floating Rate Loan Fund, $9.43, symbol FRL.UN on Toronto (Units outstanding: 5.6 million; Market cap: $52.8 million; www.fieracapital.com), is a closed-end fund that invests in senior secured floating rate corporate loans.
The fund started up on September 23, 2013....
The fund started up on September 23, 2013....
A: Painted Pony Energy, $2.32, symbol PONY on Toronto (Shares outstanding: 161.0 million; Market cap: $373.5 million; www.paintedpony.ca), primarily explores for and produces natural gas in northeast B.C. About 91% of its output is gas....
One of Canada’s leading software companies, Open Text has attracted an activist investor from the U.S. Share buybacks, dividend increases and a potential acquisition are all part of the activist’s plan to raise the company’s profile south of the border.
Each of these two firms has recently completed a big purchase. While we’re always wary of a company’s use of acquisitions to spur growth, we feel the new operations of the two companies will pay off. Moreover, Metro’s purchase of drugstore chain Jean Coutu should actually cuts its risk.
RESTAURANT BRANDS INTERNATIONAL INC....
RESTAURANT BRANDS INTERNATIONAL INC....
Ottawa’s move to buy the existing Trans Mountain pipeline in order to build its controversial expansion is good news for these three resources companies. Additional capacity to ship crude oil and refined fuels from Alberta to Vancouver should make it easier for producers to service their customers.
For new buying, we prefer Cenovus and Teck over Encana....
For new buying, we prefer Cenovus and Teck over Encana....
Dear Client:
Telus—unlike its main competitors, BCE and Rogers—prefers to concentrate on its core telecom businesses instead of diversifying into other areas such as TV broadcasting and sports teams. That strategy has let it focus on improving customer service and getting subscribers to buy more services....
Telus—unlike its main competitors, BCE and Rogers—prefers to concentrate on its core telecom businesses instead of diversifying into other areas such as TV broadcasting and sports teams. That strategy has let it focus on improving customer service and getting subscribers to buy more services....
A: Chemed Corp., $330.40, symbol CHE on New York (Shares outstanding: 15.9 million; Market cap: $5.3 billion; www.chemed.com), operates two wholly owned subsidiaries: VITAS Healthcare and Roto-Rooter. The two subsidiaries are in distinctly different businesses and are completely separate in their operations.
VITAS is the largest provider of end-of-life hospice services in the U.S., and Roto-Rooter is the nation’s leading provider of plumbing and drain-clearing services.
Providing daily hospice care, VITAS serves more than 17,000 patients with severe, life-limiting illness....
VITAS is the largest provider of end-of-life hospice services in the U.S., and Roto-Rooter is the nation’s leading provider of plumbing and drain-clearing services.
Providing daily hospice care, VITAS serves more than 17,000 patients with severe, life-limiting illness....
If you are looking for technology stocks to buy, look at the money the companies spend on research and development to stay at the leading edge of tech trends
B&G Foods has an unusual growth strategy. While it makes and sells well-known brands, it also snaps up lagging brands from other big food companies and aims to breathe new life into them.
PEMBINA PIPELINE $45.01 (Toronto symbol PPL; Shares outstanding: 502.4 million; Market cap: $22.6 billion; TSINetwork Rating: Average; Dividend yield: 3.9%; www.pembina.com) owns pipelines that carry almost all of B.C.’s oil and half of Alberta’s conventional oil....