acquisition
The outcome of CNN’s June 27 debate between Donald Trump and Joe Biden seems to have set off a political firestorm in the U.S., and not just between Republicans and Democrats. The debate also seems to have set off a secondary firestorm within the Democratic party, between members who claim the other side of the party should have known about or revealed Biden’s cognitive failings, and those who say his condition is not as bad as it looks.
My advice: don’t waste your time with the endless sniping now underway in the media....
My advice: don’t waste your time with the endless sniping now underway in the media....
PINTEREST INC., $44.07, symbol PINS on New York, is a hugely popular social media platform that relies on images to create user interest. For that reason, it holds considerable appeal for some investors.
The users of the company’s site “pin” items they like to their personal pages so that their friends and followers can view their curated lists on subjects such as recipes, clothing, household goods and places to travel....
The users of the company’s site “pin” items they like to their personal pages so that their friends and followers can view their curated lists on subjects such as recipes, clothing, household goods and places to travel....
PEMBINA PIPELINE CORP. $50 is a buy. The company (Toronto symbol PPL; High-Growth Dividend Payer Portfolio; Utilities sector; Shares outstanding: 579.5 million; Market cap: $29.0 billion; Dividend yield: 5.5%; Dividend Sustainability Rating: Above Average; www.pembina.com) operates pipelines that carry half of Alberta’s conventional oil and almost all of B.C.’s oil.
The company has paid dividends continuously since 1997....
The company has paid dividends continuously since 1997....
Despite Innergex’s recent dividend cut, the move gives the company more room to invest in new projects that should lead to higher dividends in the next few years. Brookfield’s new deal with Microsoft will also let it keep raising its distributions.
INNERGEX RENEWABLE ENERGY INC....
INNERGEX RENEWABLE ENERGY INC....
A: MasTec Inc., $109.64, symbol MTZ on New York (Shares outstanding: 79.5 million; Market cap: $8.6 billion; Manufacturing & Industry sector; TSINetwork Rating: Average; www.mastec.comwww.mastec.com), is a leading infrastructure construction company operating mainly throughout North America and across a range of industries.
The company operates through five segments: (1) Communications; (2) Clean Energy and Infrastructure; (3) Power Delivery; (4) Oil and Gas; and (5) Other.
The company’s primary activities include the following.
Notably, MasTec has played a significant role in several key infrastructure projects....
The company operates through five segments: (1) Communications; (2) Clean Energy and Infrastructure; (3) Power Delivery; (4) Oil and Gas; and (5) Other.
The company’s primary activities include the following.
- Building, installing, maintaining and upgrading communications, energy, utility and other infrastructure;
- Developing power delivery infrastructure, including transmission, distribution, environmental planning and compliance systems;
- Manufacturing pipeline infrastructure, including for natural gas, water and carbon capture sequestration pipelines;
- Developing heavy civil and industrial infrastructure, including roads, bridges and rail; and providing environmental remediation services.
Notably, MasTec has played a significant role in several key infrastructure projects....
BIRD CONSTRUCTION INC., $24.97, symbol BDT on Toronto, is a Toronto-based construction company that provides contracting services to various commercial, institutional, retail, residential, water, energy, and civil sectors. It operates in all Canadian provinces.
Bird announced on June 10, 2024, that it’s acquiring Jacob Bros Construction for $135 million....
Bird announced on June 10, 2024, that it’s acquiring Jacob Bros Construction for $135 million....
BCE INC., $44.65, Toronto symbol BCE, is still a buy.
The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.50 million high-speed Internet users and 2.08 million fibre-optic TV subscribers....
The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.50 million high-speed Internet users and 2.08 million fibre-optic TV subscribers....
With the U.K. looking to increase defence spending to 2.5% of GDP by 2030, Calian is making an acquisition that will position it to win more business there.
CALIAN GROUP, $56.41, is a buy. The company (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.comcalian.com; Shares o/s: 11.9 million; Market cap: $668.7 million; Divd yield: 2.0%) has now completed the acquisition of U.K.-based Mabway for up to $41 million....
Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:
ALTAGAS LTD., $30.45, is a buy. The utility (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (www.altagas.ca; Shares outstanding: 296.2 million; Market cap: $9.0 billion; Dividend yield: 3.9%) and partner Dutch tank storage company Royal Vopak have announced a positive final investment decision on the Ridley Island Energy Export Facility (REEF); that’s a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, B.C.
The facility is projected to cost $1.35 billion, excluding governmental incentives and support....
ALTAGAS LTD., $30.45, is a buy. The utility (Toronto symbol ALA; TSINetwork Rating: Extra Risk) (www.altagas.ca; Shares outstanding: 296.2 million; Market cap: $9.0 billion; Dividend yield: 3.9%) and partner Dutch tank storage company Royal Vopak have announced a positive final investment decision on the Ridley Island Energy Export Facility (REEF); that’s a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, B.C.
The facility is projected to cost $1.35 billion, excluding governmental incentives and support....
BROADRIDGE FINANCIAL SOLUTIONS, $199.24, is a buy. The company (New York symbol BR; TSINetwork Rating: Average) (www.broadridge.com; Shares o/s: 118.2 million; Market cap: $23.6 billion; Yield: 1.6%) has announced the acquisition of AdvisorTarget, a provider of data products to asset management and wealth Management firms....