Shutdown lifts oil prices

SUNCOR ENERGY INC. $54 (Toronto symbol SU; Conservative Growth Portfolio, Resources sector; Shares outstanding: 1.6 billion; Market cap: $86.4 billion; Price-to-sales ratio: 2.7; Dividend yield: 2.7%; TSINetwork Rating: Average; www.suncor.com) is Canada’s largest integrated oil company, with its major projects in the Alberta oil sands. It also… Read More

Good time to buy more of this bank

Bank of Nova Scotia has recently announced several big strategic acquisitions. Still, buying new businesses to expand adds risk, and the bank will have to sell new shares to pay for them.
As a result, Scotiabank has dropped 4% in the past year, compared to share-price… Read More

Asset sale benefits Enbridge

ENBRIDGE INC. $46.84 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $79.9 billion; TSINetwork Rating: Above Average; Dividend yield: 5.7%; www.enbridge.com) will now sell Brookfield Infrastructure Partners LP (Toronto symbol BIP.UN) its natural gas gathering and processing operations in B.C. and Alberta. Those facilities include… Read More

These energy juniors offer dividends

BONAVISTA ENERGY $1.46 (Toronto symbol BNP; Shares outstanding: 253.2 million; Market cap: $369.7 million; TSINetwork Rating: Speculative; Dividend yield: 2.7%; www.bonavistaenergy.com) explores for oil and gas across B.C., Alberta and Saskatchewan. Its output is 74% gas and 26% oil.
In the quarter ended March 31, 2018, the… Read More

RioCan aims for big gain

RIOCAN REAL ESTATE INVESTMENT TRUST $24.44 (Toronto symbol REI.UN; Units outstanding: 318.0 million; Market cap: $7.6 billion; TSINetwork Rating: Average; Dividend yield: 5.9%; www.riocan.com) and department store operator Hudson’s Bay Co. (Toronto symbol HBC) co-own, or control, 10 Hudson’s Bay stores through a joint-venture partnership. Hudson’s… Read More

Manulife plan will cut costs

MANULIFE FINANCIAL CORP. $23.69 (Toronto symbol MFC; Shares o/s: 2.0 billion; Market cap: $47.0 billion; TSINetwork Rating: Above Average; Dividend yield: 3.7%; www.manulife.ca) is Canada’s largest life insurer.
The company also sells other forms of insurance, including health, dental and travel plans; in addition, it offers mutual… Read More

IBM expands in big data

IBM $139.57 (New York symbol IBM; Shares outstanding: 918.0 million; Market cap: $128.1 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%; www.ibm.com) continues to shift its focus to faster-growing fields. They include analytics software to process increasingly large amounts of data.
As part of that plan, it has… Read More

Heavy investments spur customer growth

BCE INC. $53.59 (Toronto symbol BCE; Shares outstanding: 898.0 million; Market cap: $48.1 billion; TSINetwork Rating: Above Average; Dividend yield: 5.6%; www.bce.ca) is Canada’s largest traditional telephone service provider: it has 3.2 residential million customers in Ontario, Quebec, Manitoba and the Atlantic provinces. The company also… Read More