merger
VISA INC. $95 (www.visa.com) operates the world’s largest electronic payments network, through which it processes credit, debit, prepaid and commercial transactions. In June 2016, the company acquired its European operations (Visa Europe). In all, it paid $13.9 billion in cash, $6.1 billion in preferred shares, and roughly $1 billion over the next three years....
Dear client:
With its Newfoundland projects, Emera plans to replace some of its older coal and gas-fired plants in Nova Scotia with low-cost, clean hydroelectric power.
The company’s recent purchase of U.S. power and gas distributor Teco should also pay off for years to come.
We generally take a skeptical view of companies that grow their businesses through acquisitions....
With its Newfoundland projects, Emera plans to replace some of its older coal and gas-fired plants in Nova Scotia with low-cost, clean hydroelectric power.
The company’s recent purchase of U.S. power and gas distributor Teco should also pay off for years to come.
We generally take a skeptical view of companies that grow their businesses through acquisitions....
On average, Canada’s Big Five banks are down about 8% in the past three months. That’s partly due to concerns over a sharp increase in real estate prices, especially in Toronto and Vancouver. Any significant rise in interest rates would hurt the ability of some borrowers to repay their mortgages....
LOBLAW COMPANIES LTD. $77 (Toronto symbol L; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 398.4 million; Market cap: $30.7 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.4%; TSI Network Rating: Above Average; www.loblaw.ca) operates over 1,090 supermarkets and 1,325 Shoppers Drug Mart pharmacies across Canada.
The company recently agreed to sell its 213 gas stations to Brookfield Business Partners LP (Toronto symbol BBU....
The company recently agreed to sell its 213 gas stations to Brookfield Business Partners LP (Toronto symbol BBU....
ENBRIDGE INC. $52.00 (Toronto symbol ENB; Shares outstanding: 1.6 billion; Market cap: $85.2 billion; TSINetwork Rating: Above Average; Dividend yield: 4.7%; www.enbridge. com) completed its all-stock purchase of Spectra Energy in February 2017. That firm operates crude oil and natural gas pipelines in the U.S....
Tupperware and Newell both sell well-known products worldwide. Tupperware needs to continue to overcome a high U.S. dollar, and Newell needs to complete the successful integration of its recent acquisition. Both, however, offer steady growth prospects and sustainable dividends.
TUPPERWARE BRANDS CORP....
TUPPERWARE BRANDS CORP....
Dear client:
When investing in Consumer sector stocks, we believe you should stick with market leaders, such as Newell and Tupperware, that sell wellestablished brands. Those products give them steady sales and profits, which protects them from swings in the overall economy.
Both stocks have moved up strongly in the past few months, but we feel they are still attractive in light their improving earnings.
NEWELL BRANDS INC....
When investing in Consumer sector stocks, we believe you should stick with market leaders, such as Newell and Tupperware, that sell wellestablished brands. Those products give them steady sales and profits, which protects them from swings in the overall economy.
Both stocks have moved up strongly in the past few months, but we feel they are still attractive in light their improving earnings.
NEWELL BRANDS INC....
ENBRIDGE INC. $57 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.6 billion; Market cap: $91.2 billion; Price-to-sales ratio: 2.7; Dividend yield: 4.3%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....
MOLSON COORS CANADA INC. (Toronto symbols TPX.A $125 and TPX.B $126; Conservative Growth and Income Portfolios, Consumer sector; Shares outstanding: 215.3 million; Market cap: $27.1 billion; Price-to-sales ratio: 1.2; Dividend yield: 1.8%; TSINetwork Rating: Average; www.molsoncoors.com) acquired the remaining 58% of the MillerCoors brewing joint venture in October 2016 for $12 billion (all amounts except share prices and market cap in U.S....
POTASH CORP. OF SASKATCHEWAN $23 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 840.0 million; Market cap: $19.3 billion; Price-to-sales ratio: 5.0; Dividend yield: 2.4%; TSINetwork Rating: Average; www.potashcorp.com) operates five potash mines in Saskatchewan, which account for 20% of global capacity....