Spinoffs & Takeovers Hotline – Friday, May 16, 2025

ROCKWELL AUTOMATION INC., $309.05, symbol ROK on New York, provides industrial automation hardware and software products.

The company’s Intelligent Devices segment accounts for 45% of sales, with its Software and Control business generating 28%, and its Lifecycle Services business contributing the remaining 27%.

Rockwell has customers in… Read More

A Yield to Caution

CANOE EIT INCOME FUND $14.42 (Toronto symbol EIT.UN; Units o/s: 178.8 million; Market cap: $2.6 billion; Divd. yield: 8.3%; www.canoefinancial.com) is a closed-end fund that invests in a portfolio of dividend paying stocks. U.S. stocks account for 49.2% of its holdings, followed by Canadian at 47.5%.
Canoe pays… Read More

Spinoffs & Takeovers Hotline – Friday, July 5, 2024

RXO INC., $26.77, symbol RXO on New York, is a provider of brokered transportation services in Canada and the U.S. The company offers tech-enabled truck brokerage services together with complementary solutions including managed transportation, freight
forwarding and last mile delivery.

RXO operates an “asset light” business model… Read More