acquisition
A: Xylem Inc., $51.91, symbol XYL on New York (Shares outstanding: 179.2 million; Market cap: $9.2 billion; www.xyleminc.com), sells equipment and services related to managing water.
The company’s products help its clients collect, distribute, use and return water to the environment....
The company’s products help its clients collect, distribute, use and return water to the environment....
A: Kroger Co., $29.30, symbol KR on New York (Shares outstanding: 949.0 million; Market cap: $27.8 billion; www.kroger.com), started up in 1883; it’s now the largest grocery store operator in the U.S. by sales.
The company has 2,778 locations (1,400 of which also sell gasoline)....
The company has 2,778 locations (1,400 of which also sell gasoline)....
LEON’S FURNITURE LTD. $15.92 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares outstanding: 71.8 million; Market cap: $1.2 billion; Dividend yield: 2.5%) steadily increased the number of stores under its name from 27 in 2003 to today’s 79....
LEON’S FURNITURE LTD. $15.92 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares outstanding: 71.8 million; Market cap: $1.2 billion; Dividend yield: 2.5%) steadily increased the number of stores under its name from 27 in 2003 to today’s 79....
ALIMENTATION COUCHETARD $64.78 (Toronto symbol ATD.B: TSINetwork Rating: Extra Risk) (1-800-361-2612; www.couchetard. com; Shares outstanding: 567.4 million; Market cap: $36.8 billion; Dividend yield: 0.5%) operates 10,547 convenience stores throughout North America and Europe....
The top value stocks are inexpensive and likely to rise over time, but you need to choose carefully.
A: Inter Pipeline Ltd., $27.30, symbol IPL on Toronto (Shares outstanding: 359.4 million; Market cap: $9.2 billion; www.interpipeline.com), transports, stores, markets and processes oil and natural gas.
On September 1, 2013, Inter Pipeline changed from a limited partnership to a conventional corporation....
On September 1, 2013, Inter Pipeline changed from a limited partnership to a conventional corporation....
GREAT-WEST LIFECO INC. $32 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 991.2 million; Market cap: $31.7 billion; Price-to-sales ratio: 0.8; Dividend Yield: 4.3%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) sells insurance, mutual funds and wealth management services....
The big banks in Canada face several challenges. These include low interest rates, which cut the amount they earn on new loans, and competition from smaller firms that use new online technologies (called “fintech”) to attract customers.
However, they (including CIBC—see page 91) are cutting their costs and making acquisitions....
However, they (including CIBC—see page 91) are cutting their costs and making acquisitions....
In the late 1990s and early 2000s, CIBC rapidly expanded its corporate banking operations in the U.S. However, this business suffered big losses, mainly due to its involvement with bankrupt energy company Enron.
In 2005, the bank decided to exit the U.S. and instead focus on improving the profitability of its Canadian banking operations....
In 2005, the bank decided to exit the U.S. and instead focus on improving the profitability of its Canadian banking operations....