acquisition
Superior Plus—Superior Propane in Canada—makes two big acquisitions that will pump up its cash flow, but also add more risk in a competitive business.
A: Pulse Seismic, $2.65, symbol PSD on Toronto (Shares outstanding: 56.1 million; Market cap: $146.7 million; www.pulseseismic.com) buys, sells and licenses seismic data to clients in Western Canada.
Pulse’s main business is seismic-data licensing....
Pulse’s main business is seismic-data licensing....
Q: Dear Pat: Please comment on high-dividend-paying NorthWest HealthCare Properties. As usual your assessment of the various strengths and risks is much appreciated.
A: NorthWest HealthCare Properties REIT, $10.86, symbol NWH.UN on Toronto (Units outstanding: 87.4 million; Market cap: $949.1 million; www.nwhp.ca), owns 141 properties, with a focus on medical office buildings and clinics....
A: NorthWest HealthCare Properties REIT, $10.86, symbol NWH.UN on Toronto (Units outstanding: 87.4 million; Market cap: $949.1 million; www.nwhp.ca), owns 141 properties, with a focus on medical office buildings and clinics....
SNC-LAVALIN GROUP INC. $54 (Toronto symbol SNC; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 150.4 million; Market cap: $8.1 billion; Dividend yield: 2.0%; Dividend Sustainability Rating: Above Average; www.snclavalin.com) is a leading Canadian engineering and construction company that specializes in large-scale infrastructure projects such as roads, bridges and transit systems.
Starting with the March 2017 payment, investors now receive $0.273 a share, up 5.0% from $0.26....
Starting with the March 2017 payment, investors now receive $0.273 a share, up 5.0% from $0.26....
Dear Client:
AT&T and Verizon face strong competition in their wireless and Internet businesses, and both have used acquisitions to enhance their services and attract new subscribers. Expanding this way adds risk, but we feel those new businesses will spur long-term earnings for each company and provide more cash for dividends.
AT&T INC....
AT&T and Verizon face strong competition in their wireless and Internet businesses, and both have used acquisitions to enhance their services and attract new subscribers. Expanding this way adds risk, but we feel those new businesses will spur long-term earnings for each company and provide more cash for dividends.
AT&T INC....
FAIR ISAAC CORP. $134 (New York symbol FICO; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 31.1 million; Market cap: $4.2 billion; Price-to-sales ratio: 4.5; Dividend suspended in June 2017; TSINetwork Rating: Average; www.fico.com) makes FICO Scores....
VISA INC. $95 (www.visa.com) operates the world’s largest electronic payments network, through which it processes credit, debit, prepaid and commercial transactions. In June 2016, the company acquired its European operations (Visa Europe). In all, it paid $13.9 billion in cash, $6.1 billion in preferred shares, and roughly $1 billion over the next three years....
A: Stornoway Diamond Corp., $0.78, symbol SWY on Toronto (Shares outstanding: 825.0 million; Market cap: $646.4 million; www.stornowaydiamonds.com) owns 100% of the Renard diamond mine in north central Quebec. It also has interest in two exploration properties in Nunavut and northern Ontario.
The Renard operation is Quebec’s first diamond mine, and the provincial government owns 29% of Stornoway....
The Renard operation is Quebec’s first diamond mine, and the provincial government owns 29% of Stornoway....
A: Superior Plus Corp., $11.36, symbol SPB on Toronto (Shares outstanding: 142.6 million; Market cap: $1.7 billion; www.superiorplus.com), distributes propane in Canada and the U.S. It also produces and distributes specialty chemicals, including sodium chlorate and chlor-alkali, which are used for bleaching pulp (wood fibres).
The company’s propane business operates under the Superior Propane name in Canada and the Superior Plus Energy Services name in the Northeastern U.S....
The company’s propane business operates under the Superior Propane name in Canada and the Superior Plus Energy Services name in the Northeastern U.S....
INTACT FINANCIAL $92.59 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-341-1464; www.intactfc.com; Shares outstanding: 131.0 million; Market cap: $12.1 billion; Dividend yield: 2.8%) is Canada’s largest provider of property and casualty insurance....