dividends paid

SIERRA WIRELESS $18.58 (Toronto symbol SW; TSINetwork Rating: Extra Risk) (604-231-1100; www.sierrawireless.com; Shares outstanding: 32.3 million; Market cap: $577.9 million; No dividends paid) makes modules that connect products—including smart electricity meters and vehicles—to the Internet. This is known as machine- to-machine networking or, more generally, as the Internet of Things. In the three months ended December 31, 2015, the company’s revenue fell 2.8% from a year earlier. That’s a drop from $149.1 million to $144.8 million (all figures except share price and market cap in U.S. dollars). Excluding one-time items, the company earned $2.5 million, or $0.08 a share, down sharply from $9.1 million, or $0.29, a year earlier....

WEIGHT WATCHERS INTERNATIONAL $13.70 (New York symbol WTW; TSINetwork Rating: Extra Risk) (212-589-2700; www.weightwatchers.com; Shares outstanding: 63.6 million; Market cap: $852.9 million; No dividends paid) offers weight-loss services in 23 countries. The company promotes a program of lifestyle changes through 36,000 weekly meetings and its website. Oprah Winfrey bought 10% of the company in October 2015. She also joined its board of directors. Her goal has been to promote the company and help it reverse a steady decline over the last few years. In the three months ended January 2, 2016, Weight Watchers’ revenue fell 20.8% to $259.2 million from $327.8 million a year earlier. The company lost $0.03 a share in the latest quarter, compared to a profit of $0.09 a year ago....

AMAZON.COM $574.27 (Nasdaq symbol AMZN; TSINetwork Rating: Extra Risk) (206- 266-1000; www.amazon.com; Shares outstanding: 470.8 million; Market cap: $271.7 billion; No dividends paid) continues to build its own shipping network. The company has now finalized a deal to lease 20 Boeing 767 cargo jets from Air Transport Services Group. The new fleet will reduce Amazon’s reliance on carriers such as United Parcel Service and FedEx. The jets will give Amazon direct control over an estimated 15% of the packages it ships in the U.S. each year....

SIERRA WIRELESS $18.58 (Toronto symbol SW; TSINetwork Rating: Extra Risk) (604-231-1100; www.sierrawireless.com; Shares outstanding: 32.3 million; Market cap: $577.9 million; No dividends paid) makes modules that connect products—including smart electricity meters and vehicles—to the Internet. This is known as machine- to-machine networking or, more generally, as the Internet of Things. In the three months ended December 31, 2015, the company’s revenue fell 2.8% from a year earlier. That’s a drop from $149.1 million to $144.8 million (all figures except share price and market cap in U.S. dollars). Excluding one-time items, the company earned $2.5 million, or $0.08 a share, down sharply from $9.1 million, or $0.29, a year earlier....

AMAZON.COM $574.27 (Nasdaq symbol AMZN; TSINetwork Rating: Extra Risk) (206- 266-1000; www.amazon.com; Shares outstanding: 470.8 million; Market cap: $271.7 billion; No dividends paid) continues to build its own shipping network. The company has now finalized a deal to lease 20 Boeing 767 cargo jets from Air Transport Services Group. The new fleet will reduce Amazon’s reliance on carriers such as United Parcel Service and FedEx. The jets will give Amazon direct control over an estimated 15% of the packages it ships in the U.S. each year....

MCCOY GLOBAL $1.90 (Toronto symbol MCB; TSINetwork Rating: Speculative) (780-453-8451; www.mccoyglobal.com; Shares outstanding: 27.7 million; Market cap: $54.6 million; No dividends paid) sold its heavy-duty truck-trailer unit in 2014 and is now focused on its Energy Products and Services segment. It sells hydraulic gear, including power tongs, for drilling rigs. (Power tongs are large wrench-like tools that tighten and loosen the pipe in the drill hole.) McCoy has international sales and service centres in Singapore, Dubai and Aberdeen, Scotland. In the three months ended December 31, 2015, McCoy’s revenue fell 57.2%, to $11.6 million from $27.2 million a year earlier. Low oil and gas prices prompted clients to cut back on equipment purchases....

WAJAX CORP. $16.85 (Toronto symbol WJX; TSINetwork Rating: Extra Risk) (905-212-3300; www.wajax.ca; Shares outstanding:20.0 million; Market cap: $335.9 million; Dividend yield: 5.9%) sells and services cranes, forklifts and other heavy equipment. It also provides related parts (such as ball bearings, motors, hoses and fittings) and power systems (including diesel engines and transmissions). The company’s customers are in the natural resource, construction, manufacturing and transportation industries. In the three months ended December 31, 2015, Wajax’s clients in mining and oil and gas made fewer purchases. As a result, revenue fell 16.0%, to $324.4 million from $386.1 million a year earlier. Earnings, excluding one-time items, declined sharply, to $4.0 million, or $0.20 a share, from $11.0 million, or $0.66....

PENGROWTH ENERGY $1.18 (Toronto symbol PGF; Shares outstanding: 543.0 million; Market cap: $564.8 million; TSINetwork Rating: Average; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in Alberta. Pengrowth has suspended its $0.01-a-share quarterly dividend in response to the sharp decline in oil prices. It will also reduce its capital spending to between $60 million to $70 million in 2016, from $184 million in 2015. The company also laid off workers. That should save it $25 million in 2016. In addition, Pengrowth aims to sell $600 million of less important properties. These funds will probably go toward paying down its $2.1 billion debt. That’s now 3.7 times its depressed market cap....

PENGROWTH ENERGY $1.18 (Toronto symbol PGF; Shares outstanding: 543.0 million; Market cap: $564.8 million; TSINetwork Rating: Average; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in Alberta. Pengrowth has suspended its $0.01-a-share quarterly dividend in response to the sharp decline in oil prices. It will also reduce its capital spending to between $60 million to $70 million in 2016, from $184 million in 2015. The company also laid off workers. That should save it $25 million in 2016. In addition, Pengrowth aims to sell $600 million of less important properties. These funds will probably go toward paying down its $2.1 billion debt. That’s now 3.7 times its depressed market cap....

IDEXX LABORATORIES INC. $72(Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 89.6 million; Market cap: $6.5 billion; Priceto- sales ratio: 4.0; No dividends paid; TSINetwork Rating: Average; www.idexx.com) makes equipment that veterinarians use to detect diseases in pets. It also makes systems that detect contaminants in livestock and water. Idexx continues to see strong demand for its Catalyst One system, which analyzes an animal’s blood in 15 minutes. That makes veterinarians less reliant on outside labs, and cuts their costs. Idexx earned $2.11 a share in 2015, up 5.5% from $2.00 in 2014 (all per-share amounts adjusted for 2-for-1 split in June 2015). Sales rose 7.8%, to $1.6 billion from $1.5 billion....