What to do with Mart

MART RESOURCES $0.25 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403- 270-1841; www.martresources.com; Shares outstanding: 356.6 million; Market cap: $89.2 million; No dividends paid) has been successfully taken over at $0.25 a share by a consortium.

Midwestern Oil and Gas Company Ltd., San Leon Energy plc… Read More

MART RESOURCES $0.25

MART RESOURCES $0.25 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403- 270-1841; www.martresources.com; Shares outstanding: 356.6 million; Market cap: $89.2 million; No dividends paid) has been successfully taken over at $0.25 a share by a consortium.

Midwestern Oil and Gas Company Ltd., San Leon Energy plc… Read More

Stock Pickers Digest Hotline – Thursday, April 1, 2016

CALIAN GROUP LTD., $18.26, symbol CTY on Toronto, is the new name of Calian Technologies effective today. The company will also change its stock symbol to CGY from CTY on April 5, 2016.

Calian is making the name change because of its expansion into new areas… Read More

Stock Pickers Digest Hotline – Friday, February 19, 2016

MART RESOURCES, $0.18, symbol MMT on Toronto, has entered into a definitive agreement to sell all shares in the company for $0.25 each to a consortium—Midwestern Oil and Gas Company Ltd., San Leon Energy plc and 1038221 B.C. Ltd.

Apart from regulatory and shareholder approvals, the… Read More

Stock Pickers Digest Hotline – Friday, October 24, 2014

MITEL NETWORKS, $9.49, symbol MNW on Toronto, has offered to buy ShoreTel Inc. (symbol SHOR on Nasdaq) for $540 million U.S. in cash. However, ShoreTel has rejected the $8.10 U.S.-a-share bid.

Ottawa-based Mitel provides business phone systems and communications-focused software, while Sunnyvale, California-based ShoreTel makes phone… Read More

Mart cuts its dividend

MART RESOURCES $1.38 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403-270-1841; www.martresources.com; Shares outstanding: 356.6 million; Market cap: $488.5 million; Dividend yield: 4.4%) has cut its quarterly dividend to $0.015 from $0.05. The stock now yields 4.4%, based on the current rate.

The company began paying dividends… Read More

Stock Pickers Digest Hotline – Friday, July 11, 2014

ALIMENTATION COUCHE-TARD, $29.34, symbol ATD.B on Toronto, has reported higher sales and earnings in the latest quarter, as well as a dividend increase.

In the three months ended April 27, 2014, Couche-Tard’s sales rose 2.0%, to $9.0 billion from $8.8 billion a year earlier. Excluding one-time… Read More

MART RESOURCES $1.38 – Toronto symbol MMT

MART RESOURCES $1.38 (Toronto symbol MMT; TSINetwork Rating: Speculative) (403-270-1841; www.martresources.com; Shares outstanding: 356.6 million; Market cap: $488.5 million; Dividend yield: 4.4%) has cut its quarterly dividend to $0.015 from $0.05. The stock now yields 4.4%, based on the current rate.

The company began paying… Read More

Buy Mart, hold on to Trilogy

TRILOGY ENERGY CORP. $26.56 (Toronto symbol TET; TSINetwork Rating: Speculative) (403-290- 2900; www.trilogyenergy.com; Shares outstanding: 99.4 million; Market cap: $3.3 billion; Dividend yield: 1.6%) owns oil and gas properties in central Alberta’s Kaybob and Grande Prairie areas. About 58% of Trilogy’s production is natural gas… Read More