IBM
CARGOJET INC., $122.09, symbol CJT on Toronto, provides time-sensitive, premium overnight air cargo services across North America. Its fleet of 34 cargo aircraft currently moves more than 25 million pounds of cargo every week.
The company has three main segments: it operates a domestic air cargo network between 16 major Canadian cities; it provides dedicated aircraft to customers on an aircraft, crew, maintenance and insurance (“ACMI”) basis, operating between points in Canada, the U.S., Mexico and Europe; and it operates scheduled international routes for multiple cargo customers, operating between points in Canada, the U.S., Mexico, South America, Asia and Europe.
Over the past several years, Cargojet has evolved its business model to increasingly focus on strategic partnerships rather than transactional relationships with its customers.
For instance, in March 2022, Cargojet entered into a long-term agreement with DHL Network Operations (USA) Inc., a division of Germany’s giant Deutsche Post AG.
The agreement sees Mississauga, Ontario-based Cargojet provide DHL with a range of services across Europe, the Americas, and Asia....
The company has three main segments: it operates a domestic air cargo network between 16 major Canadian cities; it provides dedicated aircraft to customers on an aircraft, crew, maintenance and insurance (“ACMI”) basis, operating between points in Canada, the U.S., Mexico and Europe; and it operates scheduled international routes for multiple cargo customers, operating between points in Canada, the U.S., Mexico, South America, Asia and Europe.
Over the past several years, Cargojet has evolved its business model to increasingly focus on strategic partnerships rather than transactional relationships with its customers.
For instance, in March 2022, Cargojet entered into a long-term agreement with DHL Network Operations (USA) Inc., a division of Germany’s giant Deutsche Post AG.
The agreement sees Mississauga, Ontario-based Cargojet provide DHL with a range of services across Europe, the Americas, and Asia....
CANADIAN IMPERIAL BANK OF COMMERCE, $55.44, Toronto symbol CM, remains a buy for long-term gains.
CIBC is now raising your quarterly dividend by 2.4% with the January 2023 payment. Investors will then receive $0.85 a share instead of $0.83. The new annual rate of $3.40 yields a high 6.1%.
As well, starting with this payment, the bank will let shareholders automatically re-invest their dividends in new common shares at a 2% discount to the market price.
The stock has dropped 14% since the start of December, mainly due to concerns that rising interest rates will slow demand for new residential mortgages and refinancing....
CIBC is now raising your quarterly dividend by 2.4% with the January 2023 payment. Investors will then receive $0.85 a share instead of $0.83. The new annual rate of $3.40 yields a high 6.1%.
As well, starting with this payment, the bank will let shareholders automatically re-invest their dividends in new common shares at a 2% discount to the market price.
The stock has dropped 14% since the start of December, mainly due to concerns that rising interest rates will slow demand for new residential mortgages and refinancing....
On November 3, 2021, IBM completed the spinoff of Kyndryl. That firm helps corporate and government clients manage their data centres. Investors received one Kyndryl share for every five IBM shares they hold.
The spinoff let IBM focus on its faster-growing cloud computing operations....
The spinoff let IBM focus on its faster-growing cloud computing operations....
MCDONALD’S CORP., $271.92, New York symbol MCD, is your #1 Conservative Buy for 2022.
The company is the world’s largest fast-food chain with 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....
The company is the world’s largest fast-food chain with 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....
APPLE INC., $149.70, Nasdaq symbol AAPL, remains a hold.
New COVID-19 lockdowns at the company’s assembly factory in Zhengzhou, China will slow the production of its new iPhone 14 Pro and iPhone 14 Pro Max smartphones. That facility makes roughly 80% of those premium models.
As a result, Apple will probably produce 87 million of these devices in 2022, down from its earlier forecast of 90 million.
The shortage comes at a bad time for Apple, as iPhone sales usually peak ahead of the busy Christmas shopping season....
New COVID-19 lockdowns at the company’s assembly factory in Zhengzhou, China will slow the production of its new iPhone 14 Pro and iPhone 14 Pro Max smartphones. That facility makes roughly 80% of those premium models.
As a result, Apple will probably produce 87 million of these devices in 2022, down from its earlier forecast of 90 million.
The shortage comes at a bad time for Apple, as iPhone sales usually peak ahead of the busy Christmas shopping season....
IBM, $138.51, is still a buy. Last year, the company (New York symbol IBM; Shares outstanding: 904.1 million; Market cap: $109.8 billion; TSINetwork Rating: Above Average; Dividend yield: 4.8%) spun off Kyndryl Holdings Inc. (New York symbol KD)....
MCDONALD’S CORP., $274.52, New York symbol MCD, is a buy.
The company is the world’s largest fast-food chain with 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries. Franchisees own roughly 95% of those outlets.
McDonald’s has raised its annual dividend rate each year since 1976....
The company is the world’s largest fast-food chain with 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries. Franchisees own roughly 95% of those outlets.
McDonald’s has raised its annual dividend rate each year since 1976....
MCDONALD’S CORP., $254.55, New York symbol MCD, is your #1 Conservative Buy for 2022.
The company is the world’s largest fast-food chain with 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....
The company is the world’s largest fast-food chain with 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....
NCR spun off its data warehousing operations in October 2007 as new firm Teradata. Both stocks slumped shortly after that due to the 2008-2009 financial crisis, but by 2013 each had regained most of its losses. However, Teradata is now down 40% since the split, while its former parent has dropped 55%.
Part of NCR’s decline came when it ended discussions with potential buyer Veritas Capital, a private equity firm....
Part of NCR’s decline came when it ended discussions with potential buyer Veritas Capital, a private equity firm....
IBM, $125.74, is still a buy. The company (New York symbol IBM; Shares outstanding: 903.2 million; Market cap: $109.8 billion; TSINetwork Rating: Above Average; Dividend yield: 5.3%) has now transferred $16 billion of its pension obligations (about 40% of its total liabilities) to life insurance companies Prudential Financial and MetLife, which will assume responsibility for payments to its former employees and their beneficiaries.
As a result, IBM will record a non-cash $4.4 billion (after-tax) charge against its third quarter earnings....