acquisition
SCHNEIDER NATIONAL INC., $31.47, symbol SNDR on New York, is a Green Bay, Wisconsin-based transportation and logistics company. In business for 89 years, Schneider has three operating segments: Truckload (48% of revenue), Intermodal (24%), and Logistics (28%).
On November 24, 2024, the company announced its acquisition of Cowan Systems LLC for $390 million cash....
On November 24, 2024, the company announced its acquisition of Cowan Systems LLC for $390 million cash....
WAJAX CORP., $23.78, is a buy. Through their shares, investors benefit from the company’s (symbol WJX on Toronto) sales and servicing of cranes, forklifts and other heavy equipment. Wajax also provides related parts and systems such as ball bearings, hoses, diesel engines and transmissions.
The company’s customers are spread across the resources, construction, manufacturing and transportation industries.
In the quarter ended September 30, 2024, Wajax’s overall revenue fell 5.6%, to $481.0 million from $509.7 million a year earlier....
The company’s customers are spread across the resources, construction, manufacturing and transportation industries.
In the quarter ended September 30, 2024, Wajax’s overall revenue fell 5.6%, to $481.0 million from $509.7 million a year earlier....
BANK OF MONTREAL, $146.32, Toronto symbol BMO, is still a buy.
With the February 2025 payment, the bank will raise your quarterly dividend by 2.6%, to $1.59 a share from $1.55. The new annual rate of $6.36 yields a high 4.3%. Bank of Montreal also announced a new plan to buy back up to 20 million of its common shares (2.7% of the total outstanding).
On February 1, 2023, the bank completed its acquisition of Bank of the West from France’s BNP Paribas for $13.8 billion U.S
Bank of the West provides a variety of retail and commercial banking services to over 1.8 million customers in 24 U.S....
With the February 2025 payment, the bank will raise your quarterly dividend by 2.6%, to $1.59 a share from $1.55. The new annual rate of $6.36 yields a high 4.3%. Bank of Montreal also announced a new plan to buy back up to 20 million of its common shares (2.7% of the total outstanding).
On February 1, 2023, the bank completed its acquisition of Bank of the West from France’s BNP Paribas for $13.8 billion U.S
Bank of the West provides a variety of retail and commercial banking services to over 1.8 million customers in 24 U.S....
INTEL CORP., $20.92, Nasdaq symbol INTC, is now a hold.
The stock fell 15% this week after the computer chip maker announced that Pat Gelsinger has retired as its chief executive officer and as a director.
Chief financial officer David Zinsner and Michelle Johnston Holthaus, general manager of Intel’s client computing group, will serve as interim co-CEOs.
Under Gelsinger, Intel began a multi-year plan in 2021 to improve its technical expertise and expand its ability to make chips for other companies....
The stock fell 15% this week after the computer chip maker announced that Pat Gelsinger has retired as its chief executive officer and as a director.
Chief financial officer David Zinsner and Michelle Johnston Holthaus, general manager of Intel’s client computing group, will serve as interim co-CEOs.
Under Gelsinger, Intel began a multi-year plan in 2021 to improve its technical expertise and expand its ability to make chips for other companies....
TORONTO-DOMINION BANK, $73.51, Toronto symbol TD, remains a buy for patient, income-seeking investors.
The bank recently settled charges over lapses in the anti-money laundering processes at its U.S. retail banking operations. As a result, it paid a fine of $3.09 billion U.S.
The settlement also imposed an asset cap on TD’s U.S....
The bank recently settled charges over lapses in the anti-money laundering processes at its U.S. retail banking operations. As a result, it paid a fine of $3.09 billion U.S.
The settlement also imposed an asset cap on TD’s U.S....
IMPERIAL OIL, $100.29, is a #1 Buy for 2024. The company (Toronto symbol IMO; Shares o/s: 523.4 million; Market cap: $53.6 billion; TSINetwork Rating: Average; Yield: 2.4%; www.imperialoil.ca) gets about 99% of its production from oil sands operations in Alberta....
WABTEC CORPORATION, $200.62, symbol WAB on New York, provides equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as mining, marine and industrial markets.
Wabtec is short for Westinghouse Air Brake Technologies....
Wabtec is short for Westinghouse Air Brake Technologies....
EXTENDICARE INC., $10.62, is a buy. The company (symbol EXE on Toronto), owns and operates long-term care homes. Investors also tap the company’s ParaMed Home Health Care branches. ParaMed provides nursing care and other forms of assistance to clients who remain in their own homes.
Extendicare has announced that it has entered into an agreement with Revera Inc....
Extendicare has announced that it has entered into an agreement with Revera Inc....
Carrier is a great example of how spinoffs unlock value by providing investors with an easier-to-understand firm focused on one business. Since it became an independent firm in 2020, Carrier, with its core focus on heating and cooling systems has seen its stock soar over 500%....
Top pick IBM offers a solid yield and an exciting path to profit from both AI & cloud computing – the shares are a strong buy even after a 45.9% one-year return.