Earnings rocket 30% at Andrew Peller

Earnings rocket 30% at Andrew Peller

A new Internet store contributed to a 3.4% revenue bump for this company during the most-recent quarter.

It was also key to helping offset lower sales to bars and restaurants due to COVID-19.

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ANDREW PELLER LTD. (Toronto symbols ADW.A and ADW.B; www.andrewpeller.com) is Canada’s second-largest wine producer,… Read More

Q: We are holding a position in Blue Ribbon Income Fund (RBN.UN). We are considering building on that position. May I have your thoughts, please?

A: Blue Ribbon Income Fund, $8.37, symbol RBN.UT on Toronto (Units outstanding: 12.8 million; Market cap: $107.1 million; www.bromptongroup.com), was formerly called the Citadel Diversified Investment Trust.

This fund holds a lot of former oil and gas trusts, pipeline or other utility trusts (most if not… Read More