AGT makes a key acquisition

AGT FOOD & INGREDIENTS $28.27 (Toronto symbol AGT; TSINetwork Rating: Extra Risk) (306-525-4490; www.agtfoods.com; Shares outstanding: 23.1 million; Market cap: $651.5 million; Dividend yield: 2.1%) has acquired Mobil Capital Holdings for $57.5 million. This business owns a movable crop-processing plant, short-line railways, bulk-loading facilities and… Read More

Stock Pickers Digest Hotline – Friday, October 9, 2015

MITEL NETWORKS CORP., $10.56, symbol MNW on Toronto, jumped over 16% this week after activist investor Elliott Management Corp. released a letter yesterday disclosing stakes in Mitel and Polycom Inc. (symbol PLCM on Nasdaq).

Elliott, founded by hedge-fund manager Paul Singer in 1977, is urging the… Read More

Steady quarter for AGT

AGT FOOD & INGREDIENTS $29.79 (Toronto symbol AGT; TSINetwork Rating: Extra Risk) (306-525-4490; www.alliancegrain.com; Shares outstanding: 23.1 million; Market cap: $684.0 million; Dividend yield: 2.0%) earned $0.44 a share in the three months ended June 30, 2015, up 2.3% from $0.43 a year earlier.

Revenue… Read More

Stock Pickers Digest Hotline – Friday, August 14, 2015

BROADRIDGE FINANCIAL SOLUTIONS INC., $56.31, symbol BR on New York, hit a new all-time high this week after reporting strong quarterly results.

The company serves the investment industry in three main areas: investor communications, securities processing and transaction clearing. It processes 90% of all proxy votes… Read More

AGT’s products give it a profit edge

AGT FOOD & INGREDIENTS $32.29 (Toronto symbol AGT; TSINetwork Rating: Extra Risk) (604-231- 1100; www.alliancegrain.com; Shares outstanding: 23.1 million; Market cap: $719.3 million; Dividend yield: 1.9%) buys and processes a range of pulses—which include peas, beans, lentils and chickpeas—as well as other specialty crops.

Saskatchewan-based… Read More

Updating AGT Food & Ingredients, Russel Metals, and Wyndham Worldwide

AGT FOOD & INGREDIENTS $32.17 (Toronto symbol AGT; TSINetwork Rating: Extra Risk) (306-525- 4490; www.alliancegrain.com; Shares outstanding: 23.1 million; Market cap: $755.8 million; Dividend yield: 1.9%) has bought the assets of West Central Road & Rail for $22 million. The acquisition includes five bulk-loading sites… Read More

Stock Pickers Digest Hotline – Friday, June 5, 2015

WESTJET AIRLINES LTD., $26.53, symbol WJA on Toronto, has announced that its almost 3,000 flight attendants have voted 82% in favour of a five-year work agreement.

The deal with the non-unionized Flight Attendant Association Board includes competitive wages, clearer work rules and a binding dispute… Read More

Updating BMTC Group, AGT Food & Ingredients and Amazon.com

BMTC GROUP $16.25 (Toronto symbol GBT; TSINetwork Rating: Extra Risk) (514-648-5757; No website; Shares outstanding: 43.1 million; Market cap: $799.9 million; Dividend yield: 1.5%) recently received shareholder approval for its plan to simplify its capital structure by moving from two share classes to one. As… Read More

Stock Pickers Digest Hotline – Friday, May 15, 2015

AGT FOOD & INGREDIENTS INC., $28.51, symbol AGT on Toronto, buys and processes a range of pulses—which include peas, beans, lentils and chickpeas—as well as other specialty crops.

The Saskatchewan-based company owns 13 processing plants in Canada, nine in Turkey, four in Australia, two in the… Read More

Here’s our Pick of the Month

AGT FOOD & INGREDIENTS $28.09 (Toronto symbol AGT; TSINetwork Rating: Extra Risk) (604-231-1100; www.alliancegrain.com; Shares outstanding: 23.1 million; Market cap: $656.1 million; Dividend yield: 2.1%) buys and processes a range of pulses—which include peas, beans, lentils and chickpeas—as well as other specialty crops.

Saskatchewan-based AGT… Read More