acquisition
A: PPG Industries Inc., $149.57, symbol PPG on New York (Shares outstanding: 235.8 million; Market cap: $35.1 billion; Manufacturing sector; TSINetwork Rating: Average; www.ppg.com), is the world’s largest producer of coatings and paints for the automotive, aerospace, construction, and industrial markets....
A: Teleflex Inc., $253.39, symbol TFX on New York (Shares outstanding: 47.0 million; Market cap: $12.0 billion; www.teleflex.com), is a global provider of medical technologies. Its apparatuses and other devices focus on several specialty areas, including vascular access, interventional cardiology and radiology, anaesthesia, emergency medicine, plus surgical, urologic and respiratory care....
SYSCO CORP., $73.54, symbol SYY on New York, is a global leader in food distribution. It operates 334 distribution facilities worldwide, serving approximately 725,000 customers.
On December 4, 2023, Sysco announced that it completed the acquisition of Edward Don & Company, a leading distributor of foodservice equipment....
On December 4, 2023, Sysco announced that it completed the acquisition of Edward Don & Company, a leading distributor of foodservice equipment....
PFIZER INC., $26.63, New York symbol PFE, remains a buy for long-term gains.
The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Enbrel (arthritis), Ibrance (breast cancer) and Prevnar (pneumonia).
Pfizer has now completed its acquisition of Seagen Inc....
The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Enbrel (arthritis), Ibrance (breast cancer) and Prevnar (pneumonia).
Pfizer has now completed its acquisition of Seagen Inc....
BANK OF NOVA SCOTIA, $61.99, Toronto symbol BNS, remains a buy.
In the past few years, Bank of Nova Scotia has narrowed its international focus to four countries in Latin America—Mexico, Peru, Colombia and Chile. Those four markets—which the bank refers to as “the Pacific Alliance”—have favourable long-term demographics....
In the past few years, Bank of Nova Scotia has narrowed its international focus to four countries in Latin America—Mexico, Peru, Colombia and Chile. Those four markets—which the bank refers to as “the Pacific Alliance”—have favourable long-term demographics....
Swiss pharmaceutical giant Novartis spun off Alcon in 2019. As we’ve said many times before, spinoffs are the closest thing you can find to a sure thing, regardless of the market’s rise and fall. Moreover, trends now underway—as well as Alcon’s strong position in its key markets—will drive future gains for this Power Buy.
ALCON, $75.04, is a buy. The firm (New York symbol ALC; TSINetwork Rating: Extra Risk) (www.alcon.com; Shares outstanding: 499.7 million; Market cap: $37.1 billion; Dividend yield 0.3%) is the world’s biggest eye-care company....
TOURMALINE OIL CORP. $60 is a hold. The company (Toronto symbol TOU; Resources sector; Shares outstanding: 340.8 million; Market cap: $20.4 billion; Dividend yield: 1.9%; Takeover Target Rating: Medium; www.tourmalineoil.com) is a Canadian oil and natural gas exploration, development and production company....
In November 2014, Agilent spun off its electronic testing equipment business as Keysight Technologies. Agilent shareholders received one Keysight share for every two shares they held.
While both stocks have dropped lately, they remain terrific examples of why spinoffs are the closest thing you can find to a sure thing....
Charging forward and navigating the intense EV infrastructure race with a spotlight on Blink Charging Company (NASDAQ: BLNK)
SYMBOTIC INC., $50.33, symbol SYM on Nasdaq, manufactures AI-powered autonomous robots, which major companies use in their warehouse fulfillment and distribution processes to save time and money. Customers using the Symbotic platform include Walmart, Target, and C&S Grocery Wholesalers.
Symbotic went public in June 2022 through a merger with SVF Investment Corp....
Symbotic went public in June 2022 through a merger with SVF Investment Corp....