holding company
A: Less than two years after agreeing to merge, Dow Chemical and DuPont have received all regulatory approvals, with the combined company now trading on the New York exchange as DowDuPont, $68.50, symbol DWDP (Shares outstanding: 1.2 billion; Market cap: $155.2 billion; www.dow-dupont.com).
To satisfy regulators concerned about the possibility of anti-competitive behaviour after the merger, Dow and DuPont each had to sell certain assets.
DuPont was forced to divest itself of its market-leading Finesse herbicide and Rynaxpyr insecticide products; it sold them to a buyer approved by the U.S....
To satisfy regulators concerned about the possibility of anti-competitive behaviour after the merger, Dow and DuPont each had to sell certain assets.
DuPont was forced to divest itself of its market-leading Finesse herbicide and Rynaxpyr insecticide products; it sold them to a buyer approved by the U.S....
POWER CORP. $30.69 (Toronto symbol POW; Shares o/s: 414.4 million; Market cap: $14.5 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; 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.
In the quarter ended June 30, 2017, Power Corp.’s earnings per share rose 11.5%, to $0.87 from $0.78 a year earlier.
Power Financial’s assets include 67.6% of insurer Great-West Lifeco and 61.5% of mutualfund provider IGM Financial.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
In the quarter ended June 30, 2017, Power Corp.’s earnings per share rose 11.5%, to $0.87 from $0.78 a year earlier.
Power Financial’s assets include 67.6% of insurer Great-West Lifeco and 61.5% of mutualfund provider IGM Financial.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
United Technologies has a long history of successful acquisitions. They include its 2012 purchase of Goodrich. That aircraft-equipment maker has helped the company increase its manufacturing contracts.
UTX stock moved down recently in response to media reports the company now aims to buy Rockwell Collins Inc....
UTX stock moved down recently in response to media reports the company now aims to buy Rockwell Collins Inc....
INTACT FINANCIAL $92.59 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-341-1464; www.intactfc.com; Shares outstanding: 131.0 million; Market cap: $12.1 billion; Dividend yield: 2.8%) is Canada’s largest provider of property and casualty insurance....
POWER CORP. $28.82 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $13.5 billion; TSINetwork Rating: Above Average; Dividend yield: 5.0%; www. powercorporation.com) is a diversified holding company. It holds its financial assets through its 65.6%-owned Power Financial.
In the quarter ended March 31, 2017, Power Corp.’s earnings per share rose 41.5%, to $0.58 from $0.41 a year earlier.
Power Financial’s assets include: 67.6% of Great-West Lifeco, one of Canada’s largest life insurers; and 61.5% of IGM Financial, a leading Canadian mutual-fund provider.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
In the quarter ended March 31, 2017, Power Corp.’s earnings per share rose 41.5%, to $0.58 from $0.41 a year earlier.
Power Financial’s assets include: 67.6% of Great-West Lifeco, one of Canada’s largest life insurers; and 61.5% of IGM Financial, a leading Canadian mutual-fund provider.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
IMPERIAL OIL LTD. $39 (Toronto symbol IMO; Cyclical-Growth Dividend Payer Portfolio; Resources sector; Shares outstanding: 847.6 million; Market cap: $33.1 billion; Dividend yield: 1.6%; Dividend Sustainability Rating: Above Average; www.imperialoil.ca) is Canada’s secondlargest integrated oil company, after Suncor Energy....
The mutual fund provider IGM saw its revenue rise in the latest quarter as sales increased for all of its businesses despite new fee disclosure rules.
INTACT FINANCIAL $92.92 (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (416-3411464; www.intactfc.com; Shares outstanding: 131.0 million; Market cap: $12.4 billion; Dividend yield: 2.8%) has agreed to buy OneBeacon Insurance Group (symbol OB on New York) for $1.7 billion U.S....
POWER CORP. $32 (Conservative Growth Portfolio, Finance sector; Shares outstanding: 414.9 million; Market cap: $13.3 billion; Dividend yield: 4.2%; Dividend Sustainability Rating: Above Average; www.powercorporation. com) is a diversified holding company. It gets most of its income from its 65.6% stake in Power Financial (Toronto symbol PWF).
In turn, Power Financial’s assets include 67.6% of GreatWest Lifeco, one of Canada’s largest life insurers; and 61.5% of IGM Financial (see below), a leading Canadian mutual-fund provider.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
In turn, Power Financial’s assets include 67.6% of GreatWest Lifeco, one of Canada’s largest life insurers; and 61.5% of IGM Financial (see below), a leading Canadian mutual-fund provider.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
POWER CORP. $30.79 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $14.6 billion; TSINetwork Rating: Above Average; Dividend yield: 4.4%; www.powercorporation.com) is a diversified holding company. It holds its financial assets through its 65.6%-owned Power Financial.
In the quarter ended December 31, 2016, Power Corp.’s earnings per share rose 26.1%, to $0.87 from $0.69 a year earlier.
Power Financial’s assets include: 67.6% of Great-West Lifeco, one of Canada’s largest life insurers; and 61.5% of IGM Financial, a leading Canadian mutual-fund provider.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....
In the quarter ended December 31, 2016, Power Corp.’s earnings per share rose 26.1%, to $0.87 from $0.69 a year earlier.
Power Financial’s assets include: 67.6% of Great-West Lifeco, one of Canada’s largest life insurers; and 61.5% of IGM Financial, a leading Canadian mutual-fund provider.
Through its 50% stake in Parjointco, Power Financial also holds 55.5% of Swiss-listed Pargesa Holdings SA....