Stock Pickers Digest Hotline – Friday, February 11, 2011

BAFFINLAND IRON MINES, $1.50, symbol BIM on Toronto, is now over 90% held by joint takeover bidders Luxembourg-based ArcelorMittal, the world’s largest steelmaker, and Nunavut Iron Ore Acquisition.

The final offer was for $1.50 a share for all of Baffinland’s shares. When the bid is… Read More

Baffinland bidders unite

BAFFINLAND IRON MINES $1.51 (Toronto symbol BIM; TSINetwork Rating: Start-up) (416-364-8820; www.baffinland.com; Shares outstanding: 343.1 million; Market cap: $518.1 million; No dividends paid) is now the subject of a joint takeover bid. Luxembourg-based ArcelorMittal, the world’s largest steelmaker, and rival bidder Nunavut Iron Ore Acquisition… Read More

Stock Pickers Digest Hotline – Friday, January 14, 2011

PLEASE NOTE: Next week, Stock Pickers Digest will reveal its #1 pick for 2011. Don’t miss this unique opportunity to profit.

ZARGON OIL & GAS LTD., $21.90, symbol ZAR on Toronto, is the new name of Zargon Energy Trust following its conversion to a dividend-paying… Read More

Stock Pickers Digest Hotline – Friday, January 7, 2011

PLEASE NOTE: Next week, The Successful Investor, our newsletter that focuses on high-quality Canadian stocks, will reveal its #1 pick for 2011. If you’re not already a Successful Investor subscriber, click here to learn how you can get one month—including our 2011 stock of the… Read More

Top stock picks: 5 takeovers in 11 weeks — a new record!

Our top stock picks seem to attract way more than an average number of takeover bids. We think this is because we zero in on a company’s earnings potential, rather than basing decisions on predictions for next year’s earnings.

Corporate buyers and big investors usually… Read More

Stock Pickers Digest Hotline – Friday, December 17, 2010

PLEASE NOTE: This is our last Hotline for 2010. Our next Hotline will go out on Friday, January 7, 2011.

BAFFINLAND IRON MINES, $1.32, symbol BIM on Toronto, has received a revised hostile, $1.35-a-share takeover offer from Nunavut Iron Ore Acquisition. Baffinland earlier rejected an… Read More

New bid for Baffinland

BAFFINLAND IRON MINES $1.16 (Toronto symbol BIM; SI Rating: Start-up) (416-364-8820; www.baffinland.com; Shares outstanding: 343.1 million; Market cap: $398.0 million; No dividends paid) has received a friendly $1.10 a share takeover offer from Luxembourg-based Arcelor-Mittal, the world’s largest steelmaker. Baffinland recently rejected a hostile, $0.80-per-share… Read More

Stock Pickers Digest Hotline – Friday, November 12, 2010

TOROMONT INDUSTRIES, $29.06, symbol TIH on Toronto, has announced plans to break itself up into two publicly traded companies: Toromont, a distributor of Caterpillar and industrial equipment; and Enerflex, a supplier of natural gas production and processing equipment.

Toromont acquired Enerflex Systems Income Fund earlier this… Read More

What to do with BIM

BAFFINLAND IRON MINES $0.99 (Toronto symbol BIM; SI Rating: Start-up) (416-364-8820; www.baffinland.com; Shares outstanding: 342.9 million; Market cap: $339.5 million; No dividends paid) is the subject of a hostile, $274.3-million takeover offer from Nunavut Iron Ore Acquisition Inc., which is wholly owned by privately held… Read More

Stock Pickers Digest Hotline – Friday, October 8, 2010

FORTRESS PAPER, $42.27, symbol FTP on Toronto, has entered into agreements to supply dissolving pulp to two companies that make rayon products in China.

Dissolving pulp is a type of cellulose mainly used in products made of rayon, including clothing. This fibre has strong growth… Read More