Stock Pickers Digest Hotline – Friday, October 1, 2010

ALIMENTATION COUCHE-TARD INC., $22.47, symbol ATD.B on Toronto, has dropped its $2-billion U.S. hostile takeover bid for Casey’s General Stores (symbol CASY on Nasdaq).

Couche-Tard allowed its tender offer for all of Casey’s outstanding shares to expire at 5:00 p.m. on September 30. Couche-Tard, which was… Read More

Updating SYMANTEC CORP., INTERNATIONAL ROAD DYNAMICS and ADOBE SYSTEMS INC.

SYMANTEC CORP. $14.59 (Nasdaq symbol SYMC; SI Rating: Average) (1-408-517-8000; www.symantec.com; Shares outstanding: 798.9 million; Market cap: $11.7 billion; No dividends paid) has signed a multi-year extension of its agreement with Hewlett-Packard to distribute its Norton Internet Security software. Norton Internet Security is a set… Read More

Stock Pickers Digest Hotline – Friday, July 16, 2010

ALIMENTATION COUCHE-TARD INC., $20.00, symbol ATD.B on Toronto, has more than 3,500 convenience stores in the U.S., and is the largest convenience-store operator in Canada, with over 2,000 outlets. The Canadian stores operate under the Couche-Tard and Mac’s banners, while the U.S. stores mainly use… Read More

Big jump for IRD

INTERNATIONAL ROAD DYNAMICS $0.92 (Toronto symbol IRD; SI Rating: Speculative) (306-653-6600; www.ird.ca; Shares outstanding: 14 million; Market cap: $12.9 million; No dividends paid) jumped more than 50% in mid-March after it reported quarterly results that were higher than a year ago.

In the three months ended… Read More

The Stock Pickers Digest Hotline – Friday, February 26, 2010

BMTC GROUP, $33.52, symbol GBT.A on Toronto, is one of Quebec’s largest retailers of furniture, electronic goods and household appliances.

In the three months ended December 30, 2009, BMTC’s revenue rose 3.3%, to $223.9 million from $216.8 million. Earnings per share (excluding one-time items) jumped… Read More

Great quarter for IRD

INTERNATIONAL ROAD DYNAMICS $0.95 (Toronto symbol IRD; SI Rating: Speculative) (306-653-6600; www.ird.ca; Shares outstanding: 14 million; Market cap: $13.3 million) reports that its revenue jumped 26.1% in the quarter ended May 31, 2009, to $11.6 million from $9.2 million a year earlier. Sales were higher… Read More

Stock Pickers Digest Hotline – Friday, July 17, 2009

ALIMENTATION COUCHE-TARD, $16.50, symbol ATD.B on Toronto, rose over 20% this week after it reported sharply higher earnings in the latest quarter.

In the three months ended April 26, 2009, Couche-Tard’s earnings rose 145.2%, to $38 million, or $0.20 a share, from $15.5 million, or… Read More