Spinoffs & Takeovers Hotline – Friday, June 10, 2022

JAMIESON WELLNESS INC., $36.12, symbol JWEL on Toronto, produces health and wellness products under several brands including Jamieson Vitamins, Iron Vegan, Progressive, Precision, and Smart Solutions. Established in 1922, the company’s products are distributed to over 10,000 retail locations across Canada. They’re also sold online… Read More

Updating Idexx Laboratories Inc., Philips Electronics N.V. ADRs, and Diebold Nixdorf Inc.

IDEXX LABORATORIES INC. $202 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 86.2 million; Market cap: $17.4 billion; Price-to-sales ratio: 8.0; No dividends paid; TSINetwork Rating: Average; www.idexx.com) makes equipment that veterinarians use to detect diseases in pets and farm animals.
Thanks to strong… Read More

Cost-cutting is set to boost their earnings

These two makers of medical devices face several challenges in 2019. They include higher costs for certain raw materials and tariffs on goods they sell in China. However, their current cost-savings plans should continue to expand their earnings.
BAXTER INTERNATIONAL INC. $70 (New York symbol BAX; Conservative… Read More

Dividend increase: Thomson Reuters

THOMSON REUTERS CORP. $68 (Toronto symbol TRI; Conservative Growth Dividend Payer Portfolio, Consumer sector; Shares o/s: 505.0 million; Market cap: $34.3 billion; Divd yield: 2.7%; Dividend Sustainability Rating: Highest; www.thomsonreuters.com) recently sold 55% of its Financial & Risk (F&R) business to a consortium led by Blackstone Group LP… Read More

A Yield to Caution

PIZZA PIZZA ROYALTY INCOME CORP. $9.77 (Toronto symbol PZA; Shares o/s: 24.6 million; Market cap: $240.3 million; Dividend yield: 8.8%; www.pizzapizza.ca) holds certain trademarks and trade names used by Pizza Pizza restaurants in Canada.
Those exclusive names are licensed to Pizza Pizza for 99 years. In return, it… Read More

Our top dividend stocks for 2019

We’ve selected CIBC, Cisco Systems and Choice Properties REIT as our top dividend picks for 2019. All three stocks offer high yields, and will likely increase their dividends this year. What’s more, each trades at an attractive multiple to its projected earnings or cash flow.
CANADIAN… Read More

Amerigo cuts a ribbon

AMERIGO RESOURCES $1.00 (Toronto symbol ARG; TSINetwork Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares o/s: 177.3 million; Market cap: $171.9 million; No dividends paid), processes copper and molybdenum from the waste rock of the huge El Teniente mine in Chile.
Amerigo has other deals to process material at the nearby… Read More