investment
The shares of insurance giant Manulife have jumped 30% in the past year. That’s largely because it sold some of its slower-growth assets and is using the cash to reward investors with more share buybacks and dividend increases. Higher interest rates have also boosted the returns on its fixed-income holdings.
Meantime, Manulife’s outlook continues to improve, particularly as it taps into growing demand for financial services in Asia.
MANULIFE FINANCIAL CORP....
Meantime, Manulife’s outlook continues to improve, particularly as it taps into growing demand for financial services in Asia.
MANULIFE FINANCIAL CORP....
iShares MSCI Germany Fund & Australia ETF benefit from eased supply chain bottlenecks in Europe as well as Asian-Pacific commodity opportunities.
You Can See Our WSSF Aggressive Growth Portfolio For August 2024 Here.
We designed our TSINetwork Ratings to give you an idea of the investment quality an...
The shares of these two chipmakers are hitting new highs, due to the rapid spread of new artificial intelligence applications and activist pressure. We feel both can go even higher, but advise only aggressive investors to consider adding them to their portfolios.
NVIDIA CORP....
NVIDIA CORP....
On July 1, 2015, due to pressure from billionaire activist investor Carl Icahn, online auction firm eBay split off its electronic-payment business, PayPal, as a separate firm. Investors received one PayPal share for each eBay share they held.
After the spinoff, eBay rose from a low of $25 in 2015/2016, to a peak of $81 in 2021....
After the spinoff, eBay rose from a low of $25 in 2015/2016, to a peak of $81 in 2021....
BCE INC., $45.62, Toronto symbol BCE, is still a buy.
The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.50 million high-speed Internet users and 2.08 million fibre-optic TV subscribers....
The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.50 million high-speed Internet users and 2.08 million fibre-optic TV subscribers....
INTERNATIONAL PAPER CO. $46 is a hold. The company (New York symbol IP, Manufacturing & Industry sector; Shares outstanding: 347.3 million; Market cap: $16.0 billion; Dividend yield: 4.1%; Takeover Target Rating: Medium; www.internationalpaper.com) is a global provider of fibre-based packaging and pulp and paper products....
Spinoffs are a great way for companies to boost shareholder value. Here’s our take on two spinoffs coming up in the second half of 2024.
BAXTER INTERNATIONAL INC. $36 is a buy. The company (New York symbol BAX; Manufacturing sector; Shares o/s: 507.8 million; Market cap: $18.3 billion; Dividend yield: 3.2%; Takeover Target Rating: Medium; www.baxter.com) makes a variety of medical devices, including intravenous pumps and kidney-dialysis equipment.
Under a new strategy to narrow its focus to specialized equipment for hospitals, including intensive-care-unit beds, operating tables, patient monitoring equipment and electronic diagnostic systems, Baxter is shedding some of its other businesses.
As part of that strategy, Baxter plans to spin off later this year its Renal Care and Acute Therapies unit as a separate firm called Vantive....
BAXTER INTERNATIONAL INC. $36 is a buy. The company (New York symbol BAX; Manufacturing sector; Shares o/s: 507.8 million; Market cap: $18.3 billion; Dividend yield: 3.2%; Takeover Target Rating: Medium; www.baxter.com) makes a variety of medical devices, including intravenous pumps and kidney-dialysis equipment.
Under a new strategy to narrow its focus to specialized equipment for hospitals, including intensive-care-unit beds, operating tables, patient monitoring equipment and electronic diagnostic systems, Baxter is shedding some of its other businesses.
As part of that strategy, Baxter plans to spin off later this year its Renal Care and Acute Therapies unit as a separate firm called Vantive....
The shares of these three firms (including Etsy, see box) are down sharply in the past few years. That has attracted the attention of activist investors who see a way to turn these stocks around. While their plans have merit, it could take years for them to recover.
WOLFSPEED INC....
WOLFSPEED INC....
You Can See Our Current Power Recommendations For August 2024 Here.
Understanding our recommendations: Power Buy—These stocks are our top choices for new buying now....