investment
According to a study by Barclays bank, the number of activist campaigns dropped 32% in the second quarter of 2023 from a year earlier. However, activist activity will likely rebound in the second half of the year. Even so, we feel there are better options for your new buying than these three targeted firms (includes IHS Holding in the box).
NRG ENERGY INC....
NRG ENERGY INC....
Due to opposition from U.S. regulators, Algonquin Power recently cancelled its $2.65 billion U.S. purchase of Kentucky Power Co., which generates and distributes electricity to 228,000 customers in the state.
As well, activist investment firm Starboard Value recently disclosed that it now owns 7.5% of Algonquin....
In the past few years, several big Canadian retailers, including Loblaw and Canadian Tire, have unlocked the hidden value of their real estate holdings by setting up publicly traded real estate investment trusts (REITs).
Shares of furniture retailer Leon’s rose 10% after it announced its own plans to spin out its real estate holdings as a REIT....
Shares of furniture retailer Leon’s rose 10% after it announced its own plans to spin out its real estate holdings as a REIT....
Understanding the Impact of Conflicts of Interest on Investor Returns and the Limitations of the Efficient Market Theory
Here’s Part One of the most-recent letter I sent to our Portfolio Management clients in May 2023:
“Many investors wonder what to expect next from interest rates, following the rise they began in early 2020, around the time when the COVID-19 pandemic first appeared.
My best guess is that the rise in interest rates has stalled, at least for now. I can’t say for sure, of course, and neither can anybody else....
“Many investors wonder what to expect next from interest rates, following the rise they began in early 2020, around the time when the COVID-19 pandemic first appeared.
My best guess is that the rise in interest rates has stalled, at least for now. I can’t say for sure, of course, and neither can anybody else....
TRANSALTA RENEWABLES INC., $13.24, Toronto symbol RNW, is now a hold.
The company owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a natural gas pipeline and one battery storage facility....
The company owns 26 wind and solar farms, 11 hydroelectric facilities, eight natural gas generation plants, two solar power facilities, a natural gas pipeline and one battery storage facility....
You Can See Our Exchange-Traded Funds Portfolio For August 2023 Here.
ETFs in brief
Exchange-traded funds are set up to mirror the performance of a stock-market index or sub-index....
A series of recent regional bank failures in the U.S., including Silicon Valley Bank, caused significant distress in the financial system and financial markets. For the third time in 15 years, investors in banks suffered setbacks.
Notably, Canadian banks have fared relatively better than U.S....
Notably, Canadian banks have fared relatively better than U.S....
Infrastructure assets have characteristics such as stable profits and cash flows that make them highly attractive to the companies that own them.
And meanwhile, expansive spending plans announced by the U.S. federal government over the past two years will also provide a boost to the firms that deliver products and services for infrastructure development.
What are infrastructure assets?
Infrastructure provides the physical backbone that delivers essential services to the public....
Following a strategic review—driven by pressure from activist investor Elliott Investment Management—Suncor has decided to hang onto its Petro-Canada chain of gas stations. It’s also shifting its focus to its core oil sands projects in Alberta and to improving its efficiency....