income trust
A: Canoe EIT Income Fund, $11.93 symbol EIT.UN on Toronto (Units outstanding: 90.1 million; Market cap: $1.1 billion; www.canoefinancial.com), changed its name from EnerVest Diversified Income Trust in November 2013. The stock symbol remained the same.
Canoe EIT is a closed-end fund that invests in a portfolio of dividend-paying stocks....
Canoe EIT is a closed-end fund that invests in a portfolio of dividend-paying stocks....
CGI GROUP INC. $63 (www.cgi.com) is Canada’s largest provider of computer-outsourcing services. The company has won a contract from Bisnode, a Swedish firm that provides data analytics services to businesses in Europe. Under the deal, CGI will improve the performance and security of Bisnode’s systems....
After agreeing to sell its power plants, Veresen is once again focused on its true area of expertise—pipelines. With lots of renewable energy projects starting up, new competition threatened to cut the returns the company could make from power generation.
Veresen will use the proceeds to pay down debt....
Veresen will use the proceeds to pay down debt....
Northland Power Inc. saw revenue climb in the latest quarter as new projects started up, although higher construction costs cut cash flow.
A: Northland Power Inc., $24.20, symbol NPI on Toronto (Shares outstanding: 172.0 million; Market cap: $4.2 billion; www.northlandpower.ca), develops, builds, owns and operates natural gas-fired power plants, wind farms, solar projects and hydroelectric facilities.
The company switched its registration from an income trust to a corporation on January 1, 2011.
Northland owns or has stakes in 1,394 megawatts of generating capacity, with an additional 642 megawatts under construction.
In May 2014, the company purchased a 60% stake in Project Gemini—a $4.1 billion wind farm in the North Sea, off the coast of the Netherlands....
The company switched its registration from an income trust to a corporation on January 1, 2011.
Northland owns or has stakes in 1,394 megawatts of generating capacity, with an additional 642 megawatts under construction.
In May 2014, the company purchased a 60% stake in Project Gemini—a $4.1 billion wind farm in the North Sea, off the coast of the Netherlands....
A: Premium Brands Holdings Corp., $65.90, symbol PBH on Toronto (Shares outstanding: 29.9 million; Market cap: $2.0 billion; www.premiumbrandsholdings.com), took its current form on July 22, 2009, when it converted to a corporation from an income trust....
A: Medical Facilities Corp., $17.52, symbol DR on Toronto (Shares outstanding: 31.0 million; Market cap: $552.0 million, www.medicalfacilitiescorp.ca), owns majority interest in five specialty surgical hospitals in South Dakota, Indiana, Oklahoma and Arkansas, as well as an outpatient surgery clinic in California.
The specialty hospitals perform scheduled surgical, imaging and diagnostic procedures....
The specialty hospitals perform scheduled surgical, imaging and diagnostic procedures....
A: GAMCO Global Gold Natural Resources & Income Trust, $6.10, symbol GGN on New York (Units outstanding: 112.6 million; Market cap: $722.9 million; www.espial.com), is a closed-end trust focused on mining companies. It has an MER of 1.3%.
GAMCO invests about 80% of its assets in the shares of companies in the gold and natural resource industries....
GAMCO invests about 80% of its assets in the shares of companies in the gold and natural resource industries....
Investing in REITs is a great way to save yourself the trouble of owning real estate