pension plan
These three stocks have moved sharply lower in the past few years. In Bombardier’s case, the drop is mainly due to the heavy costs to develop its new CSeries plane; for Black- Berry, it quit making smartphones due to intense competition from Apple’s iPhone and Android-powered devices; and lower oil prices have hurt Pengrowth’s cash flow as it expands key projects and pays down debt....
HOME CAPITAL GROUP INC. $9.64 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 64.3 million; Market cap: $619.9 million; Price-to-sales ratio: 1.1; Dividend suspended in May 2017; TSINetwork Rating: Speculative; www.homecapital.com) is a mortgage lender serving borrowers who fail to meet the stricter stan dards of Canada’s big banks and other larger, traditional lenders.
Due to charges that the company failed to disclose material information in a timely manner, depositors continue to remove their cash from Home Trust (Home Capital’s wholly owned banking subsidiary)....
Due to charges that the company failed to disclose material information in a timely manner, depositors continue to remove their cash from Home Trust (Home Capital’s wholly owned banking subsidiary)....
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BLACKBERRY LTD., $11.52, Toronto symbol BB, provides wireless communication services, mainly to businesses and government agencies.
The stock jumped 12% this week after an arbitrator awarded the company $814.9 million U.S....
H&R REIT $22.46 (Toronto symbol HR.UN; Units outstanding: 283.4 million; Market cap: $6.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.0%; www.hr-reit.com) has agreed to sell a 50% stake in its TransCanada Tower in Calgary to the realty unit of the Healthcare of Ontario Pension Plan (HOOPP).
HOOPP will pay $257.4 million....
HOOPP will pay $257.4 million....
BOMBARDIER INC. (Toronto symbols BBD.A $2.12 and BBD.B $1.89; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 2.2 billion; Market cap: $4.2 billion; Price-to-sales ratio: 0.3; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) is the world’s third-largest maker of commercial aircraft, after Boeing (No....
RIOCAN REAL ESTATE INVESTMENT TRUST $27.54 (Toronto symbol REI.UN; Units outstanding: 324.7 million; Market cap: $9.0 billion; TSINetwork Rating: Average; Dividend yield: 5.1%; www.riocan.com) is Canada’s largest real estate investment trust.
For the three months ended June 30, 2016, cash flow per share was $118.0 million, or $0.37 a share....
For the three months ended June 30, 2016, cash flow per share was $118.0 million, or $0.37 a share....
BCE INC. $61.27 (Toronto symbol BCE; Shares o/s: 869.5 million; Market cap: $53.9 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%; www.bce.ca) acquired a 35.4% stake in Q9 Networks Inc. in 2012. Q9 provides cloud datastorage and web-hosting services to businesses across Canada....
RIOCAN REAL ESTATE INVESTMENT TRUST $27.54 (Toronto symbol REI.UN; Units outstanding: 324.7 million; Market cap: $9.0 billion; TSINetwork Rating: Average; Dividend yield: 5.1%; www.riocan.com) is Canada’s largest real estate investment trust.
For the three months ended June 30, 2016, cash flow per share was $118.0 million, or $0.37 a share....
For the three months ended June 30, 2016, cash flow per share was $118.0 million, or $0.37 a share....
CP Rail passes the 3-part investment test
From the time the last spike was driven to complete the new railway in 1885, Canadian
Pacific has been an essential part of Canada’s history, transportation and business life....
INTACT FINANCIAL CORP., $91.81, symbol IFC on Toronto, continues to announce innovative insurance policies aimed at new—but growing—markets. The company has reached an agreement with peer-to-peer car rental company Turo to provide insurance in Alberta, Ontario and Quebec. Turo started up in 2009 and now operates in 2,500 cities around the world. Car owners in Alberta, Ontario and Quebec can now register with the website to rent out their vehicles to other Turo members....