Narrower focus will pay off for these two

In the past few years, activist investment firms have pressured ABB and BHP to sell their unprofitable operations. That has freed up cash for share buybacks and dividends.
ABB LTD. ADRs $20 (New York symbol ABB; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 2.1 billion;… Read More

Activists apply pressure

STUART OLSON INC. $5.75 (Toronto symbol SOX; TSINetwork Rating: Speculative) (780-454-3667;; Shares outstanding: 27.8 million; Market cap: $152.8 million; Dividend yield: 8.4%) is now in the sights of activist investors Crescendo Partners L.P. and Jamarant Capital L.P.
The New York-based investment firms have declared unspecified stock interests in… Read More

Two activists target Sempra

SEMPRA ENERGY $115 (New York symbol SRE; Utilities Sector; Shares outstanding: 273.5 million; Market cap: $31.5 billion; Dividend yield: 3.1%; Takeover Target Rating: Medium; distributes electrical power and natural gas to over 45 million customers in Southern California, Texas, Chile and Peru. It also builds and operates… Read More

Pass on this ETF

DIRECTION IBILLIONNAIRE ETF (no longer listed) aimed to replicate the largest stock holdings of a select group of 10 billionaires.
As we forecast in November 2017 for our very first issue of Best ETFs for Canadian Investors, this ETF did indeed struggle to gain traction. That was despite… Read More