acquisition
These top Canadian insurers continue to use acquisitions to expand into new markets and to enhance their current businesses. That bodes well for investors, as the additional earnings should lead to more and higher dividend increases.
MANULIFE FINANCIAL CORP....
MANULIFE FINANCIAL CORP....
Despite strong gains and a high dividend yield, Rogers Sugar seeks to offset the many risks of the purchase of a maple syrup firm.
Utility companies around the world are investing heavily in renewable power. That’s mainly due to government mandates to cut greenhouse gas emissions.
In response, Emera has shut down most of its coal-fired power plants. It’s also aggressively building new wind and solar projects....
In response, Emera has shut down most of its coal-fired power plants. It’s also aggressively building new wind and solar projects....
EXXON MOBIL CORP., $103.89, symbol XOM on New York, is one of the world’s largest integrated oil and gas companies. Its operations include oil and gas production, as well as refining and chemical businesses. Its 62,300 employees operate on every continent except Antarctica.
On July 13, 2023, Exxon announced that it would acquire Denbury Inc....
On July 13, 2023, Exxon announced that it would acquire Denbury Inc....
CORTEVA INC., $56.35, is a buy. The company (symbol CTVA on New York) is a leading developer of new seeds and crop chemicals, including herbicides and insecticides, for the agriculture industry. Corteva separated from DowDuPont in June 2019.
Corteva and Bioceres Crop Solutions Corp....
Corteva and Bioceres Crop Solutions Corp....
Oil and gas stocks moved up as the U.S. and other economies recovered after the pandemic. The war in Ukraine also spurred prices. Prices have softened lately on fears of slowing global economies, but we still recommend that most investors maintain exposure to the oil and gas industry as part of a balanced portfolio....
We think the drug industry will enjoy great success over the next decade. But due to the nature of the business, results will vary widely and unpredictably from one drug company to another. A volatile market like the one we expect for drug stocks will include winners and losers....
BROADCOM INC. $901 is a buy for aggressive investors. The company (Nasdaq symbol AVGO; Manufacturing sector; Shares outstanding: 412.7 million; Market cap: $371.8 billion; Dividend yield: 2.0%; Takeover Target Rating: Medium; www.broadcom.com) designs, develops and sells semiconductors (computer chips) and infrastructure software....
One of the main ways investors benefit from spinoffs is that they tend to create firms that focus on a narrow market. That makes them easier to evaluate compared to competing investments.
A good example is Labcorp, which recently spun off its clinical drug testing business as Fortrea....
A good example is Labcorp, which recently spun off its clinical drug testing business as Fortrea....
Due to opposition from U.S. regulators, Algonquin Power recently cancelled its $2.65 billion U.S. purchase of Kentucky Power Co., which generates and distributes electricity to 228,000 customers in the state.
As well, activist investment firm Starboard Value recently disclosed that it now owns 7.5% of Algonquin....