Parent and spinoff are holds for now

FIRSTSERVICE CORP. $135.52 (Toronto symbol FSV; TSINetwork Rating: Extra Risk) (416-960-9500; www.firstservice.com; Shares outstanding: 39.2 million; Market cap: $4.7 billion; Dividend yield: 0.6%) set up its commercial real estate business, Colliers International Group, as a separate company on June 1, 2015 (see this page). It… Read More

Hold on to these real estate picks

FIRSTSERVICE CORP. $115.56 (Toronto symbol FSV; TSINetwork Rating: Extra Risk) (416-960-9500; www.firstservice.com; Shares outstanding: 36.0 million; Market cap: $4.2 billion; Dividend yield: 0.7%) set up its commercial real estate business, Colliers International Group, as a separate company on June 1, 2015 (see this page). It then handed out… Read More