How Corporate Spinoffs Are Different From New Stock Issues

How Corporate Spinoffs Are Different From New Stock Issues

New corporate spinoffs are often the target for value seekers, while new stock issues often pose problems
You can contrast corporate spinoffs with new stock issues, which is when a company first sells shares to the public.

The two situations are like two sides of a coin—one… Read More

Sobeys Inc. $38 – Toronto symbol SBY

Sobeys Inc. $38 – Toronto symbol SBY

Sobeys has undergone significant changes since this article was published in 2006, including its delisting by owner Empire Company LTD. See below for that June 2016 update, following an Oct. 2019 update on Empire.
2019:

Empire Company Ltd., $30.50, symbol EMP.A on Toronto (Shares outstanding: 269.1… Read More

Q: Hi, all. I wonder what your thoughts are on Carnival Corporation. We only own 100 shares, but as we spend about a month a year with Princess, owning 100 shares gets us about $500 U.S. in spending credits on their cruises as a shareholder benefit. Plus, it has a nice, decent dividend. Thanks.

A: Carnival Corp., $44.68, symbol CCL on New York (Shares outstanding: 718.6 million; Market cap: $31.7 billion; www.carnival.com), operates a fleet of 104 cruise ships worldwide and is based in Doral, Florida.

Carnival’s portfolio of cruise line brands includes Carnival Cruise Line, Fathom, Holland America Line, Princess… Read More