Higher shipments spur CP

CANADIAN PACIFIC RAILWAY $300.24 (Toronto symbol CP; Shares outstanding: 147.7 million; Market cap: $42.0 billion; TSINetwork Rating: Above Average; Dividend yield: 0.9%; www.cpr.ca) ships freight over its 22,000-kilometre rail network between Montreal and Vancouver, with links to hubs in the U.S. Midwest and Northeast.
The stock has… Read More

Debt reduction shores up these oil producers

ENCANA CORP. $9.15 (Toronto symbol ECA; Shares outstanding: 1.5 billion; Market cap: $14.3 billion; TSINetwork Rating: Average; Dividend yield: 1.1%; www.encana.com) operates four key properties: Montney (B.C.), Duvernay (Alberta), and Eagle Ford and Permian (both in Texas). In addition to natural gas, these fields produce large… Read More

Q: Hello, Pat. Do you have an opinion on PIMCO Global Short Maturity Fund (Canada) ETF as a parking spot for cash in this rocky and volatile market. Any feedback is appreciated. Thanks.

A: The PIMCO Global Short Maturity Fund (Canada) ETF, $20.12, symbol PMNT on Toronto (Units outstanding: 3.2 million; Market cap: $64.32 million; www.pimco.ca) was recently launched by PIMCO.

Based in Newport, California, PIMCO is one of the world’s biggest fixed-income investment managers. It’s owned by Germany-based… Read More