Spinoffs & Takeovers Hotline – Friday, June 10, 2022

JAMIESON WELLNESS INC., $36.12, symbol JWEL on Toronto, produces health and wellness products under several brands including Jamieson Vitamins, Iron Vegan, Progressive, Precision, and Smart Solutions. Established in 1922, the company’s products are distributed to over 10,000 retail locations across Canada. They’re also sold online… Read More

Shutterstock’s earnings jumped 70.7%

Shutterstock’s earnings jumped 70.7%

A Member of Pat McKeough’s Inner Circle recently asked for his advice on a company that provides digital content to businesses, marketing agencies, and the media.

Pat likes the firm’s solid track record of revenue and earnings increases. And while recent acquisitions look promising, he notes… Read More

Earnings jumped 21% at Adobe Inc.

Earnings jumped 21% at Adobe Inc.

Improved sales of software subscriptions, undisrupted by the pandemic, led to a 22% jump in revenue for this company during the most-recent quarter.

A recent video collaboration software acquisition should improve customer loyalty and expand the company’s reach to consumers.

The stock trades at 54.4 times the… Read More