acquisition
A: Savaria Corp., $10.89, symbol SIS on Toronto (Shares outstanding: 35.4 million; Market cap: $382.6 million; www.savaria.com), makes products for people with limited mobility.
The company has two main businesses:
Accessibility (81% of revenue) makes elevators for homes and businesses as well as stairlifts (electrically powered chairs used to carry a person up and down a flight of stairs) and platform lifts (powered devices used to lift a wheelchair and its occupant over a step).
Adapted Vehicles (19%) installs ramps and lowered floors in minivans so they can accommodate wheelchairs....
The company has two main businesses:
Accessibility (81% of revenue) makes elevators for homes and businesses as well as stairlifts (electrically powered chairs used to carry a person up and down a flight of stairs) and platform lifts (powered devices used to lift a wheelchair and its occupant over a step).
Adapted Vehicles (19%) installs ramps and lowered floors in minivans so they can accommodate wheelchairs....
ALGONQUIN POWER & UTILITIES $11.13 (Toronto symbol AQN; Shares outstanding: 273.3 million; Market cap: $3.0 billion; TSINetwork Rating: Extra Risk; Divd yield: 5.1%; www.algonquinpower.com) has tripled in size in the past three years, mainly by acquisition....
GREAT-WEST LIFECO $35.36 (Toronto symbol GWO; Shares outstanding: 986.1 million; Market cap: $35.1 billion; TSINetwork Rating: Above Average; Yield: 3.9%; www. greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial (Toronto symbol MFC and a buy recommendation of Canadian Wealth Advisor)....
What is tax-loss selling?
Tax-loss selling (or tax-loss harvesting) is a strategy investors use to lower their capital gains tax. When investors take part in tax-loss selling, they sell a security at a loss in order to offset capital gains....
In November 2014, the old Agilent set up its Keysight subsidiary as a separate company and gave its shareholders one Keysight share for every two Agilent shares they held.
Since then, Keysight is up 12% while the new Agilent is down 15%. We still like the outlook for both companies, but see Agilent as the better buy for now....
Since then, Keysight is up 12% while the new Agilent is down 15%. We still like the outlook for both companies, but see Agilent as the better buy for now....
Dear client,
TransCanada has now completed its purchase of U.S.-based Columbia Pipeline Group. Combined with other projects underway, Columbia’s operations should spur the company’s revenue and earnings, and give TransCanada more cash for dividends....
TransCanada has now completed its purchase of U.S.-based Columbia Pipeline Group. Combined with other projects underway, Columbia’s operations should spur the company’s revenue and earnings, and give TransCanada more cash for dividends....
MOLSON COORS CANADA INC. (Toronto symbols TPX.A $134 and TPX.B $133; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 214.8 million; Market cap: $28.7 billion; Price-to-sales ratio: 6.3; Divd. yield: 1.7%; Dividend Sustainability Rating: Above Average; www.molsoncoors.com) has completed its acquisition of the remaining 58% of MillerCoors....
Northwest Healthcare Properties REIT saw cash flow expand in adding to its holdings with $350 million in recent property acquisitions, including two Brazilian hospitals.
Once again, one of our buys has attracted a highly profitable acquisition bid—and it’s just the latest of many big takeover gains for us over the last few years.
MENTOR GRAPHICS $36.49 (Nasdaq symbol MENT; TSINetwork Rating: Extra Risk) (503- 685-7000; www.mentor.com; Shares outstanding: 108.2 million; Market cap: $4.0 billion; Dividend yield: 0.6%) makes systems to improve the design of electronic products and speed up their development.
The stock has jumped more than 19% on a friendly $37.25-ashare takeover bid from Siemens AG of Germany.
Investors often ask how we have managed to recommend so many stocks that get taken over.
One key is that we aim to pick stocks with hidden assets that attract less investor attention than they deserve....
MENTOR GRAPHICS $36.49 (Nasdaq symbol MENT; TSINetwork Rating: Extra Risk) (503- 685-7000; www.mentor.com; Shares outstanding: 108.2 million; Market cap: $4.0 billion; Dividend yield: 0.6%) makes systems to improve the design of electronic products and speed up their development.
The stock has jumped more than 19% on a friendly $37.25-ashare takeover bid from Siemens AG of Germany.
Investors often ask how we have managed to recommend so many stocks that get taken over.
One key is that we aim to pick stocks with hidden assets that attract less investor attention than they deserve....
Canadian toy maker Spin Master saw its sales and earnings jump in the latest quarter. But fickle consumers could challenge future growth, says Pat.