acquisition
INTACT FINANCIAL $92.92 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-3411464; www.intactfc.com; Shares outstanding: 131.0 million; Market cap: $12.4 billion; Dividend yield: 2.8%) has agreed to buy OneBeacon Insurance Group (symbol OB on New York) for $1.7 billion U.S....
GOODYEAR TIRE & RUBBER CO. $32.26 (Nasdaq symbol GT; TSINetwork Rating: Average) (330-796-2122; www.goodyear.com; Shares outstanding: 251.8 million; Market cap: $8.5 billion; Dividend yield: 1.2%) is one of the world’s largest tire makers. It has 49 production plants in 22 countries worldwide.
In the three months ended March 31, 2017, Goodyear earned $189 million, excluding one-time items....
In the three months ended March 31, 2017, Goodyear earned $189 million, excluding one-time items....
A: Trican Well Service, $4.23, symbol TCW on Toronto (Shares outstanding: 193.2 million; Market cap: $790.0 million; www.tricanwellservice.com), provides specialized products, equipment and services that are used during the exploration and drilling of oil and gas reserves.
In 2015 and 2016, the company discontinued its other operations in Canada (related to completion tools services), Russia (related to pressure pumping operations and completion tools services), the U.S....
In 2015 and 2016, the company discontinued its other operations in Canada (related to completion tools services), Russia (related to pressure pumping operations and completion tools services), the U.S....
A: Spartan Energy, $2.40, symbol SPE on Toronto (Shares outstanding: 344.9 million; Market cap: $1.3 billion; www.spartanenergy.ca), develops, produces and explores for oil and natural gas, mostly in Saskatchewan.
Spartan Energy is led by the former management of Spartan Oil....
Spartan Energy is led by the former management of Spartan Oil....
A: Laurentian Bank of Canada, $54.27, Toronto symbol LB (Shares outstanding: 33.9 million; Market cap: $1.8 billion; www.laurentianbank.ca), is Canada’s eight-largest publicly traded bank, with total assets of $43.1 billion.
Laurentian Bank is mainly focused on operations in Quebec and Ontario....
Laurentian Bank is mainly focused on operations in Quebec and Ontario....
Dear client,
TransCanada recently completed a major acquisition in the U.S. The purchase increased its natural gas pipeline assets by 40%. That will help the company profit as more American power plants switch from coal to now-affordable natural gas.
Using acquisitions to expand tends to add risk....
TransCanada recently completed a major acquisition in the U.S. The purchase increased its natural gas pipeline assets by 40%. That will help the company profit as more American power plants switch from coal to now-affordable natural gas.
Using acquisitions to expand tends to add risk....
FORTIS INC. $44 (Toronto symbol FTS; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 415.6 million; Market cap: $18.3 billion; Price-to-sales ratio: 2.5; Dividend yield 3.6%; TSINetwork Rating: Above Av erage; www.fortisinc.com) owns electrical utilities across Canada, the U.S....
Below are four oil producers that cut risk with their low costs and high-quality reserves. Although crude prices have moved down lately, we continue to recommend all investors maintain some exposure to oil stocks such as these.
SUNCOR ENERGY INC. $44 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; s/o: 1.7 billion; Market cap: $74.8 billion; Price-to-sales ratio: 2.5; Divd....
SUNCOR ENERGY INC. $44 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; s/o: 1.7 billion; Market cap: $74.8 billion; Price-to-sales ratio: 2.5; Divd....
We continue to like the long-term outlook for these two important members of the Power Financial family. For new buying, we prefer IGM over Great-West.
GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Fi nance sector; shares outstanding: 989.9 million; Market cap: $34.6 billion; Price-to-sales ratio: 0.7; Dividend yield: 4.2%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial....
GREAT-WEST LIFECO INC. $35 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Fi nance sector; shares outstanding: 989.9 million; Market cap: $34.6 billion; Price-to-sales ratio: 0.7; Dividend yield: 4.2%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial....
A: K92 Mining, $0.72, symbol KNT on the TSX Venture Exchange (Shares outstanding: 89.7 million; Market cap: $64.6 million; www.k92mining.com), has as its principal project the Kainantu gold mine located in the Eastern Highlands province of Papua New Guinea....