acquisition
Ottawa recently approved a plan to double capacity on the Trans Mountain pipeline, which pumps crude oil from Alberta to Vancouver. As well, U.S. President Donald Trump has signed an executive order giving conditional approval to TransCanada’s proposed Keystone XL pipeline....
CGI GROUP INC. $63 (Toronto symbol GIB.A; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 299.8 million; Market cap: $18.9 billion; Price-to-sales ratio: 1.8; No dividends paid; TSINetwork Rating: Extra Risk; www.cgi.com) is Canada’s largest provider of computer-outsourcing services....
OpenText Corp. continues to expand by smart acquisition of software companies.
A: Summit Industrial Income REIT, $6.21, symbol SMU.UN on Toronto (Units outstanding: 42.4 million; Market cap: $263.3 million; www.summitiireit.com), is an open-ended trust (see below) that owns light industrial properties across Canada.
As of September 30, 2016, the trust owned 53 buildings making up 5.2 million square feet of leasable area....
As of September 30, 2016, the trust owned 53 buildings making up 5.2 million square feet of leasable area....
ALGONQUIN POWER & UTILITIES $11.40 (Toronto symbol AQN; Shares outstanding: 273.3 million; Market cap: $3.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.4%; www.algonquinpower.com) recently completed its purchase of Empire District Electric Co....
A: Constellation Software, $577.46, symbol CSU on Toronto (Shares outstanding: 21.2 million; Market cap: $12.6 billion; www.csisoftware.com), sells software tailored to individual businesses and agencies....
A: OpenText Corp., $44.48 symbol OTC on Toronto (Shares outstanding: 262.8 million; Market cap: $11.8 billion; www.opentext.com), makes software that helps businesses store, organize and manage large amounts of data over a wide variety of computer systems and devices....
STUDENT TRANSPORTATION $7.33 (Toronto symbol STB; Shares outstanding: 91.9 million; Market cap: $673.6 million; Dividend yield: 8.1%; www.ridestbus.com) is North America’s third-largest school bus operator, with almost 13,500 vehicles in Canada and the U.S.
The company pays a monthly dividend of $0.0367 U.S....
The company pays a monthly dividend of $0.0367 U.S....
FORTIS INC. $42 (Toronto symbol FTS; Income Growth Payer Portfolio, Utilities sector; Shares outstanding: 399.8 million; Market cap: $16.8 billion; Dividend yield 3.8%; Dividend Sustainability Rating: Highest; www.fortisinc.com) is the main power utility in Newfoundland and PEI.
In October 2016, the company paid $11.3 billion U.S....
In October 2016, the company paid $11.3 billion U.S....
The U.S. is poised to loosen rules for telecommunication companies that should create growth opportunities for both AT&T and Verizon.
More specifically, those industry leaders should be better positioned to develop and sell new, more-profitable Internet plans....
More specifically, those industry leaders should be better positioned to develop and sell new, more-profitable Internet plans....