merger
In 2019, Pfizer decided to focus on its main prescription drug business, which offers investors higher long-term returns than either over-the-counter and generic drugs.
As part of that plan, on November 16, 2020, the pharma giant combined its Upjohn division (generic pharmaceuticals) with Netherlands-based Mylan N.V....
As part of that plan, on November 16, 2020, the pharma giant combined its Upjohn division (generic pharmaceuticals) with Netherlands-based Mylan N.V....
A: CK Hutchison Holdings (ADR), $6.68, symbol CKHUY on the U.S. Over-the-Counter market (ADRs outstanding: 3.8 billion; Market cap: $25.8 billion; www.ckh.com.hk), is a Hong Kong-based conglomerate operating five different businesses: Retail (39% of sales), Telecom (24%), Finance & Investments (15%), Infrastructure (13%), and Ports & Related Services (9%)....
Oil stocks continue to rebound from their 2020 lows as the re-opening of the global economy pushes oil and gas prices to multi-year highs. We feel those prices will remain elevated, as producers focus on improving their efficiency instead of spending more on exploration given new caps on greenhouse emissions....
Dear Inner Circle Member,
Canadian National Railway’s $33.6 billion U.S. takeover attempt for rival Kansas City Southern failed after regulators blocked a key condition of the deal. As a result, KCS has now agreed to merge with Canadian Pacific Railway—CN’s main competitor.
Investors tend to dislike the risk that comes with big acquisitions, and CN stock rallied on the news....
Canadian National Railway’s $33.6 billion U.S. takeover attempt for rival Kansas City Southern failed after regulators blocked a key condition of the deal. As a result, KCS has now agreed to merge with Canadian Pacific Railway—CN’s main competitor.
Investors tend to dislike the risk that comes with big acquisitions, and CN stock rallied on the news....
INTERNATIONAL FLAVORS & FRAGRANCES INC. $148 is a buy. The company (New York symbol IFF; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 254.5 million; Market cap: $37.7 billion; Price-to-sales ratio: 3.1; Dividend yield: 2.1%; TSINetwork Rating: Above Average; www.iff.com) makes compounds that improve the taste of food and the smell of consumer products.
On February 1, 2021, IFF merged with the nutrition and biosciences business of DuPont (New York symbol DD)....
On February 1, 2021, IFF merged with the nutrition and biosciences business of DuPont (New York symbol DD)....
Dear Inner Circle Member,
SPAC prospects are improving, judging by two new ones that seem to hold some promise for aggressive investors.
The first and less controversial of the two is Forbes, owner/publisher of Forbes magazine and its Forbes.com website....
SPAC prospects are improving, judging by two new ones that seem to hold some promise for aggressive investors.
The first and less controversial of the two is Forbes, owner/publisher of Forbes magazine and its Forbes.com website....
Investors have moved away from oil stocks in the past few months due to government mandates to cut carbon emissions. However, it’s likely crude prices will move up over the next few years as producers focus on their current properties and spend less on exploration....
A: Utz Brands Inc., $16.39, symbol UTZ on New York (Shares outstanding: 76.6 million; Market cap: $2.3 billion; www.utzsnacks.com), is a Pennsylvania-based maker of salty snacks. Its brands include Utz Original potato chips, Snyder of Berlin, Zapp’s, Boulder Canyon, and TGI Fridays Snacks.
Founded in 1921, Utz began trading on the New York exchange in June 2020....
Founded in 1921, Utz began trading on the New York exchange in June 2020....
While activist investors have a spotty record of success, it’s still worth keeping an eye on them given their focus on finding hidden value. Here are two companies now being targeted by activists. That should benefit all investors. Still, we see just one of the picks as right for your new buying.
CANADIAN NATIONAL RAILWAY CO....
CANADIAN NATIONAL RAILWAY CO....
Mondelez is approaching the ninth anniversary of its October 2012 split from Kraft Foods Group. The breakup let Mondelez focus on its faster-growing snack foods business, particularly in developing countries. The stock is now up around 120% since the split, and we feel it still has plenty of growth ahead....