acquisition

AUTOMOTIVE PROPERTIES REIT $10 (Toronto symbol APR.UN; Units outstanding: 39.7 million; Market cap: $397.0 million; Dividend yield: 8.0%; www.automotivereit.ca) is a real estate investment trust that owns 77 commercial properties across cities in Ontario, Saskatchewan, Manitoba, Alberta, B.C....

NEWELL BRANDS INC. $7.04 remains a hold. The company (Nasdaq symbol NWL; Aggressive Growth and Income Portfolios, Consumer sector; Shares outstanding: 414.3 million; Market cap: $2.9 billion; Price-to-sales ratio: 0.4; Dividend yield: 4.0%; TSINetwork Rating: Average; www.newellbrands.com) makes a wide range of consumer and household products such as PaperMate pens, Elmer’s glue, Rubbermaid food containers, Graco baby strollers, Coleman camping gear and Oster kitchen appliances.


Under a new restructuring plan, Newell is shifting its focus to its most-profitable 25 brands and top 10 countries, which represent about 90% of sales....

The outlook for a wide range of commodities continues to improve as the world’s economy recovers from the COVID-19 pandemic. The ongoing shift to electric-powered vehicles continues to spur demand for key metals such as copper and nickel.


These three leading commodity producers are preparing for the expected increase in demand with acquisitions and big new projects....

H.B. FULLER COMPANY, $76.95, symbol FUL on New York, is one of the world’s largest providers of adhesives, sealants, and other specialty chemical products. It sells its products in 35 countries, including North America, Europe, Latin America, Asia, the Middle East, and Africa.

The company has 7,200 employees worldwide, including 2,600 in the U.S....

ELI LILLY AND COMPANY, $726.31, is a buy. The drugmaker (symbol LLY on New York) discovers, develops, manufactures, and markets human pharmaceutical products.

This week, Lilly announced that its popular weight loss drug, Zepbound, seems to help people with obstructive sleep apnea.

Based on results from trials in people with sleep apnea, the company said it plans to submit the material to the U.S....

Both North West Company and WELL Health are leaders in their respective niche markets. That bodes well for their future prospects and share prices. We see each as a buy.


NORTH WEST COMPANY, $38.66, is a buy. This retailer (Toronto symbol NWC; TSINetwork Rating: Extra Risk) (www.northwest.ca; Shares outstanding: 47.6 million; Market cap: $1.8 billion; Dividend yield: 4.0%) sells food, and everyday products and services through 227 stores....

Demand for Major Drilling’s specialized services has now mostly recovered. Meanwhile, Computer Modelling is benefiting from expanding oil and gas drilling in response to overall higher energy prices. We think there are still gains ahead for both stocks.


MAJOR DRILLING, $9.68, is a buy. This large contract driller (Toronto symbol MDI; TSINetwork: Speculative) (majordrilling.com; Shares outstanding: 82.1 million; Market cap: $794.7 million; No dividends paid) is an industry player, mainly serving miners.


In the quarter ended January 31, 2024, the company’s revenue fell 11.0%, to $132.8 million from $149.2 million a year earlier....

Alamos is now undertaking an acquisition that will make it the third-largest gold producer in Canada. Notably, the new mine is next to its existing Island mine. That means lots of cost savings for Alamos in addition to higher overall production.


ALAMOS GOLD, $20.56, is a buy. The company (Toronto symbol AGI; TSINetwork Rating: Speculative)(www.alamosgold.com; Shares o/s: 397.0 million; Market cap: $8.2 billion; Dividend yield: 0.7%) is now acquiring Argonaut Gold (symbol AR on Toronto) and its troubled Magino mine in northern Ontario in an all-stock deal valued at $325 million U.S.


The transaction will create $515 million U.S....

AltaGas took on significant risk with a huge U.S. acquisition in July 2018. The company nonetheless stuck to its promise of selling its non-core assets to pay down the debt it took on. At the same time, its regulated cash flows expanded. We still believe in this leader’s strong prospects and its bright outlook....

On November 9, 2016, foodmaker Conagra Brands spun off its potato-processing operations as Lamb Weston. Investors received one share of the new firm for every three Conagra shares they held.


Just in April, Lamb Weston’s shares dropped 20% after the company reported disappointing quarterly results....