Narrower focus pays off for Thomson

Starting 2018, Thomson Reuters has worked to wind down its financial information business and use the proceeds to reward investors. Thanks to that strategy, its stock has soared 200% in the past five years. We feel Thomson can still go higher as it shifts its… Read More

Q: Pat: Thanks for all your great advice over the years. What do you think of Expedia Group as a stock to buy?

A: Expedia Group Inc., $106.90, symbol EXPE on Nasdaq, (Shares outstanding: 142.6 million; Market cap: $15.8 billion; Consumer sector; TSINetwork Rating: Average; http://www.expediagroup.com) operates the world’s largest travel booking platform. Its brands include Expedia, Orbitz, Travelocity, Vrbo and Hotels.com.

In 2000, Expedia made two significant acquisitions… Read More

Spinoffs & Takeovers Hotline – Friday, April 14, 2023

MIDDLEBY CORP., $139.01, symbol MIDD on Nasdaq, designs, manufactures, markets, distributes and services a broad line of (i) foodservice equipment for all types of commercial restaurants and institutional kitchens, (ii) food preparation, cooking, baking, chilling and packaging equipment for food-processing operations, and (iii) premium kitchen… Read More

Teck shifts focus to ‘green’ metals

Mining firm Teck Resources recently announced that it will spin off its metallurgical coal (used for making steel) operations. It also recently sold its stake in an oil sands project.
These moves are part of its plan to focus on “low carbon metals,” particularly copper and… Read More