Power offers top holdings

POWER CORP. $28.62 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $13.5 billion; TSINetwork Rating: Above Average; Divd. yield: 5.3%; www.powercorporation.com) is a holding company with a diversified list of businesses. It holds its financial assets through its 65.6%-owned Power Financial.
Power Financial’s assets include 67.6%… Read More

Look beyond their latest quarterly results

All four of these power and gas utilities reported lower earnings for the second quarter of 2018. Moreover, rising interest rates have hurt their appeal among income-seeking investors. Higher rates will also increase their borrowing costs as they raise funds for new projects.
Even so, most… Read More