holding company
RIOCAN REAL ESTATE INVESTMENT TRUST, $17.41, Toronto symbol REI.UN, is a top pick for 2025.
The REIT owns all or part of 177 shopping centres and other properties across Canada, including eight under development. Its occupancy rate is a high 98.0%.
RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....
The REIT owns all or part of 177 shopping centres and other properties across Canada, including eight under development. Its occupancy rate is a high 98.0%.
RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....
INTACT FINANCIAL CORP., $311.35, is a buy. The stock (symbol IFC on Toronto) offers investors exposure to Canada’s largest provider of property and casualty insurance. Intact insures more than five million individuals and businesses. Its major brands are Intact Insurance, Canada BrokerLink and belairdirect.
In a bid to add value for investors, the company acquired OneBeacon Insurance Group for $1.7 billion U.S....
In a bid to add value for investors, the company acquired OneBeacon Insurance Group for $1.7 billion U.S....
Intact Financial Corp. keeps growing revenue and profits while increasing its dividend payout for the twentieth consecutive year.
A: Amphenol Corp., $87.00, symbol APH on New York (Shares outstanding: 1.2 billion; Market cap: $104.4 billion; www.amphenol.com), is one of the world’s largest makers of electrical, electronic and fiber optic connectors and interconnect systems....
These two firms have reached new deals with activists, including giving them greater board representation. While that improves their outlook, we prefer Autodesk for your new buying.
HOWARD HUGHES HOLDINGS INC. $71 is a hold. The company (New York symbol HHH; Manufacturing sector; Shares outstanding: 50.4 million; Market cap: $3.6 billion; No dividend paid; Takeover Target Rating: Medium; www.howardhughes.com) was originally part of billionaire businessman Howard Hughes’ real estate holdings....
HOWARD HUGHES HOLDINGS INC. $71 is a hold. The company (New York symbol HHH; Manufacturing sector; Shares outstanding: 50.4 million; Market cap: $3.6 billion; No dividend paid; Takeover Target Rating: Medium; www.howardhughes.com) was originally part of billionaire businessman Howard Hughes’ real estate holdings....
Honeywell makes most of its products in the very markets it is selling them to. Even so, it expects new tariffs in the U.S. and other countries will cost it $500 million in 2025.
To offset that, Honeywell will increase some prices and find alternatives for various inputs....
To offset that, Honeywell will increase some prices and find alternatives for various inputs....
On August 3, 2021, the old L Brands holding company (old New York symbol LB) split into two separate firms: Victoria’s Secret and Bath & Body Works. Investors received one new share of Victoria’s Secret for every three shares of L Brands they held. L Brands then changed its name to Bath & Body Works.
Both firms get some of their products from China and other countries, so U.S....
Both firms get some of their products from China and other countries, so U.S....
Power Corp. offers you top-quality assets—all the more attractive given they come at a significant “holding company discount.” That’s the tendency for a holding company’s shares to trade for less than the value of its assets. In Power Corp’s case, it means investors can currently pick up shares at about a 24% discount....
POWER CORP. OF CANADA $51 is a buy. The conglomerate (Toronto symbol POW; Conservative-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 644.8 million; Market cap: $32.9 billion; Dividend yield: 4.8%; Dividend Sustainability Rating: Above Average; www.powercorporation.com) holds controlling stakes in Canadian financial services firms Great-West and IGM....
Restaurant franchisor FAT Brands recently set up its Twin Hospitality businesses as one separate, publicly traded company. Even following the spinoff, FAT Brands still has a huge holding company discount; however, we feel investors should avoid it as well as Twin Hospitality given reduced discretionary spending by consumers....