merger
MCDONALD’S CORP. $163 (New York symbol MCD; Income-Growth Dividend Portfolio, Consumer sector, Shares outstanding: 775.8 million; Market cap: $126.5 billion; Dividend yield: 2.5%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) is the world’s largest operator of fast-food restaurants, with 37,406 outlets in 120 countries....
Bitcoin and other cryptocurrencies are highly speculative, but there are reliable characteristics to look for when hunting for the best technology stocks to invest in
DANAHER CORP. $101 (New York symbol DHR; Manufacturing & Industry sector; Shares outstanding: 696.6 million; Market cap: $70.4 billion; Dividend yield: 0.6%; Takeover Target Rating: Medium; www.danaher.com) makes precision-testing equipment and tools....
Spinoffs are great way for companies with various, unrelated operations to unlock hidden value. That’s because “pure play” companies that focus on a single business are much easier to evaluate than entities inside a larger corporate structure.
A good example of this is WestRock Co., and its spinoff.
On May 16, 2016, the leading cardboard-packaging maker spun off its specialty chemical operations as Ingevity....
A good example of this is WestRock Co., and its spinoff.
On May 16, 2016, the leading cardboard-packaging maker spun off its specialty chemical operations as Ingevity....
CHOICE PROPERTIES REIT $12.48 (Toronto symbol CHP.UN; Units outstanding: 277.2 million; Market cap: $8.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.9%; www.enbridge.com) acquired Canadian REIT (old symbol REF.UN), a recommendation of Canadian Wealth Advisor, on May 7, 2018.
The merger created Canada’s biggest real estate investment trust: 757 properties for a total of 67.0 million square feet of retail, industrial and office space....
The merger created Canada’s biggest real estate investment trust: 757 properties for a total of 67.0 million square feet of retail, industrial and office space....
AT&T INC. $30 (New York symbol T; Income Portfolio, Utilities sector; Shares outstanding: 7.3 billion; Market cap: $219.0 billion; Price-to-sales ratio: 1.4; Dividend yield: 6.7%; TSINetwork Rating: Average; www.att.com) completed its $103 billion acquisition of media giant Time Warner (New York symbol TWX) in June 2018 after a judge ruled against an attempt by the U.S....
Agrium (old symbol AGU; a recommendation of TSI Dividend Advisor) completed its merger with rival fertilizer producer Potash Corp. of Saskatchewan (old symbol POT) at the start of 2018.
Potash Corp. investors received 0.40 shares in Nutrien for each POT share; and Agrium investors received 2.23 shares for each AGU share.
The new company is now focused on eliminating overlapping operations....
Potash Corp. investors received 0.40 shares in Nutrien for each POT share; and Agrium investors received 2.23 shares for each AGU share.
The new company is now focused on eliminating overlapping operations....
On November 1, 2015, the old Hewlett-Packard Co. split into two firms—Hewlett-Packard Enterprise and HP Inc. For every share they held in the old HP, shareholders received one share in each of the new companies.
The old HP expected the computer services business (HP Enterprise) would outperform its PC and printer operations (HP)....
The old HP expected the computer services business (HP Enterprise) would outperform its PC and printer operations (HP)....
When a hedge-fund manager goes into a performance slump, media and investor reactions often leave me with an odd feeling. They make me wonder, “Why does this surprise you?”
The media and the investors they quote seem to treat a hedge fund manager’s slump as a temporary departure from a predictable career path—like a series of bombs by an Oscar-winning film star, or an unreadable experimental novel by your favourite author, or, depending on your politics, Hillary Clinton’s loss to Donald Trump.
For example, John Paulson pole-vaulted to the top of the hedge-fund heap in 2008, with a superbly timed bet against the subprime mortgages that were financing the real-estate boom....
The media and the investors they quote seem to treat a hedge fund manager’s slump as a temporary departure from a predictable career path—like a series of bombs by an Oscar-winning film star, or an unreadable experimental novel by your favourite author, or, depending on your politics, Hillary Clinton’s loss to Donald Trump.
For example, John Paulson pole-vaulted to the top of the hedge-fund heap in 2008, with a superbly timed bet against the subprime mortgages that were financing the real-estate boom....
FEDEX CORP. $251 (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 267.2 million; Market cap: $67.1 billion; Price-to-sales ratio: 1.1; Dividend yield: 1.0%; TSINetwork Rating: Average; www.fedex.com) began offering air-delivery services in 1973, under the Federal Express banner....