acquisition
A: Definity Financial Corp., $73.53, symbol DFY on Toronto (Shares outstanding: 115.8 million; Market cap: $8.5 billion; www.definityfinancial.com), is the name for the holding company of Economical Insurance, Family Insurance Solutions, Petline Insurance, and Sonnet Insurance....
CANADIAN TIRE CORP., $177.30, Toronto symbol CTC.A, is a buy.
The company operates 502 Canadian Tire stores, which sell automotive parts and services, and household and sporting goods; franchisees run most of the locations. The company’s other operations also enrich its outlook....
The company operates 502 Canadian Tire stores, which sell automotive parts and services, and household and sporting goods; franchisees run most of the locations. The company’s other operations also enrich its outlook....
E.L.F. BEAUTY INC., $117.66, symbol ELF on New York, sells cosmetics at below department store prices and those of specialty shops like Sephora. E.L.F. stands for eyes, lips and face.
The company’s products are sold in its own E.L.F. stores, online, and at large retailers such as Target (23% of sales), Walmart (16%), Ulta Beauty (12%) and Amazon (12%).
E.L.F....
The company’s products are sold in its own E.L.F. stores, online, and at large retailers such as Target (23% of sales), Walmart (16%), Ulta Beauty (12%) and Amazon (12%).
E.L.F....
RIOCAN REAL ESTATE INVESTMENT TRUST, $17.41, Toronto symbol REI.UN, is a top pick for 2025.
The REIT owns all or part of 177 shopping centres and other properties across Canada, including eight under development. Its occupancy rate is a high 98.0%.
RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....
The REIT owns all or part of 177 shopping centres and other properties across Canada, including eight under development. Its occupancy rate is a high 98.0%.
RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....
WELLS FARGO & CO., $76.31, New York symbol WFC, is a buy.
The bank had total assets of $1.95 trillion as of March 31, 2025. That makes Wells Fargo the fourth-largest bank in the U.S., after J.P. Morgan, Bank of America, and Citigroup.
Due to the 2016 scandal that saw Wells Fargo employees open bank and credit card accounts for customers without their consent, the U.S....
The bank had total assets of $1.95 trillion as of March 31, 2025. That makes Wells Fargo the fourth-largest bank in the U.S., after J.P. Morgan, Bank of America, and Citigroup.
Due to the 2016 scandal that saw Wells Fargo employees open bank and credit card accounts for customers without their consent, the U.S....
CGI Inc. continues to perform well across all metrics with rising revenues and earnings plus its robust backlog gives plenty of visibility into future growth.
We’ve often said that growth by acquisition is riskier than growth from a company’s existing operations. That’s because the buyer of something rarely knows as much about it as the seller. That knowledge gap exposes the buyer to an above-average risk of unpleasant surprises.
Of course, some companies do a better job than others when acquiring assets....
Of course, some companies do a better job than others when acquiring assets....
Walmart Inc.’s investments in e-commerce, pickup and delivery services, and an expanding marketplace are creating multiple sources of growth.
INTACT FINANCIAL CORP., $311.35, is a buy. The stock (symbol IFC on Toronto) offers investors exposure to Canada’s largest provider of property and casualty insurance. Intact insures more than five million individuals and businesses. Its major brands are Intact Insurance, Canada BrokerLink and belairdirect.
In a bid to add value for investors, the company acquired OneBeacon Insurance Group for $1.7 billion U.S....
In a bid to add value for investors, the company acquired OneBeacon Insurance Group for $1.7 billion U.S....
MEDTRONIC PLC, $82.98, symbol MDT on New York, develops, makes and distributes a wide range of healthcare-related devices and equipment. Based on revenue, the company is the world’s largest medical device provider.
Medtronic operates in 150 countries and employs over 90,000 people....
Medtronic operates in 150 countries and employs over 90,000 people....