acquisition
MERCK & CO. INC., $114.76, is a buy. The drugmaker (New York symbol MRK; TSINetwork Rating: Above Average) (www.merck.com; Shares outstanding: 2.5 billion; Market cap: $294.6 billion; Dividend yield: 2.5%) now buying San Diego-based Prometheus Biosciences Inc....
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.
The stock is already up over 99% from its March 2020 low, but we think it can go much higher....
The stock is already up over 99% from its March 2020 low, but we think it can go much higher....
Medical device maker Baxter International aims to improve shareholder value with new plan to simplify its operations.
Under that plan, it’s selling its BioPharma Solutions business, whose products and services help drugmakers manufacture their products....
Under that plan, it’s selling its BioPharma Solutions business, whose products and services help drugmakers manufacture their products....
A: Hyperfine Inc., $1.34, symbol HYPR on Nasdaq (Shares outstanding: 70.7 million; Market cap: $99.5 million; www.hyperfine.io) is a medical device company based in Guilford, Connecticut.
Hypefine designed its Swoop portable MRI (magnetic resonance imaging) system to be wheeled directly to a patient’s bedside....
Hypefine designed its Swoop portable MRI (magnetic resonance imaging) system to be wheeled directly to a patient’s bedside....
TC ENERGY INC., $55.94, Toronto symbol TRP, remains a buy.
TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company also owns 35% of the 670-kilometre Coastal GasLink pipeline, which will pump natural gas from northeastern B.C....
TC generates steady cash flow for investors mainly through a 93,700-kilometre pipeline network that pumps natural gas from Alberta to eastern Canada and the U.S. Its other operations include 4,900 kilometres of crude oil pipelines and nine power plants.
The company also owns 35% of the 670-kilometre Coastal GasLink pipeline, which will pump natural gas from northeastern B.C....
CISCO SYSTEMS INC., $46.71, Nasdaq symbol CSCO, is a buy.
Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.
The company now plans to build a new manufacturing facility in India as part of its strategy to diversify its supply chains in Asia.
Cisco has not yet said how much it will spend on this project, or when it will begin operating....
Through the stock, investors tap a global producer of hardware and software that links and manages computer networks.
The company now plans to build a new manufacturing facility in India as part of its strategy to diversify its supply chains in Asia.
Cisco has not yet said how much it will spend on this project, or when it will begin operating....
CENTRAL GARDEN & PET CO., $36.78, symbol CENT on Nasdaq, provides a range of products to pet owners and residential and commercial gardeners. Central’s more than 65 brands include Pennington, Nylabone, Kaytee, Amdro and Aqueon.
Founded in 1980, the company has made several acquisitions to grow both segments of its business.
One major purchase was the February 2021 acquisition of Green Garden Products, a Massachusetts-based provider of vegetable, herb, and flower seeds, as well as seed starters and plant nutrients....
Founded in 1980, the company has made several acquisitions to grow both segments of its business.
One major purchase was the February 2021 acquisition of Green Garden Products, a Massachusetts-based provider of vegetable, herb, and flower seeds, as well as seed starters and plant nutrients....
Despite a recent decision by OPEC to cut production, crude oil prices are still down about 10% since the start of 2023. That’s largely due to slowing economic growth in China, even after lifting most COVID-19 restrictions. High interest rates have also increased fears of a slowdown in the U.S....
This is the fifth year in a row that we’ve selected CP Rail–now Canadian Pacific Kansas City Ltd.—as your #1 Conservative Buy. In fact, over that time, the stock has gained close to 130% compared to just 28% for the S&P/TSX Composite Index.
CP recently completed its purchase of U.S.-based railway Kansas City Southern....
CP recently completed its purchase of U.S.-based railway Kansas City Southern....
KIMBERLY CLARK CORP., $145.18, symbol KMB on New York, is a leading maker of personal-care and tissue products. Its brands include Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Viva and WypAll.
The consumer goods giant has been in business for 151 years and its wide range of family, baby, and feminine care brands are sold in over 175 countries....
The consumer goods giant has been in business for 151 years and its wide range of family, baby, and feminine care brands are sold in over 175 countries....