public offering
Pfizer’s shares have gained 50% in the five years since it used an initial public offering to set up its animal-drug business as Zoetis. It then offered its remaining shares to investors. The new company now plans to sell or spin off its consumer business, which could push the stock even higher.
Zoetis, which has seen its shares triple since the split, should continue to profit from rising levels of pet ownership.
PFIZER INC....
Zoetis, which has seen its shares triple since the split, should continue to profit from rising levels of pet ownership.
PFIZER INC....
TILRAY INC. (Nasdaq symbol TLRY) is a Canadian medical marijuana producer, which began operating in 2013. It also sells related accessories. The company’s grow facilities are in Ontario, B.C. and Portugal.
Tilray recently filed the necessary forms with the U.S....
Tilray recently filed the necessary forms with the U.S....
HUNTSMAN CORP. $31 (New York symbol HUN; Manufacturing & Industry sector; Shares outstanding: 239.2 million; Market cap: $7.4 billion; Takeover Target Rating: Lowest; Dividend yield: 2.2%; www.huntsman.com) is a leading producer of specialty chemicals....
SERVICEMASTER GLOBAL HOLDINGS INC. $57 (New York symbol SERV; Manufacturing sector; Shares outstanding: 135.4 million; Market cap: $7.7 billion; Takeover Target Rating: Medium; No dividends paid; www.servicemaster.com) has three divisions: Terminix (53% of its 2017 revenue, 49% of its earnings) sells termite and pest control services to 2.7 million customers in the U.S., Canada, Mexico and the Caribbean; American Home Shield (40%, 38%) sells home service plans that cover the repair costs of major appliances and major systems such as heating and cooling; and Franchise Services (7%, 13%) sells a variety of services to homeowners, such as cleaning, cabinet and wood furniture repair, home inspection and disaster restoration....
GREENSKY INC. $24 (Nasdaq symbol GSKY; Manufacturing sector; Shares outstanding: 180.8 million; Market cap: $4.3 billion; No dividends paid; Takeover Target Rating: Medium; www.greensky.com) makes software that helps banks and merchants simplify and speed up the approval of consumer loans....
CARBON BLACK INC. $24 (New York symbol CBLK; Manufacturing sector; Shares outstanding: 65.8 million; Market cap: $1.6 billion; No dividends paid; Takeover Target Rating: Medium; www.carbonblack.com) sells computer-security software, mainly as a cloud-based service....
DROPBOX INC. $31 (Nasdaq symbol DBX; Manufacturing & Industry sector; Shares outstanding: 400.4 million; Market cap: $12.4 billion; No dividend paid; Takeover Target Rating: Medium; www.dropbox.com) completed its much-anticipated initial public offering, or IPO, on March 21, 2018....
Dear Client:
In September 2016, chemical maker Ashland sold a 17% stake in its better-known subsidiary Valvoline. Through an initial public offering (IPO), investors bought 30 million shares at $22.00 each. In May 2017, Ashland handed out its remaining Valvoline shares to its own investors.
Since the IPO, Ashland stock has gained 35%, while Valvoline is down 11%....
In September 2016, chemical maker Ashland sold a 17% stake in its better-known subsidiary Valvoline. Through an initial public offering (IPO), investors bought 30 million shares at $22.00 each. In May 2017, Ashland handed out its remaining Valvoline shares to its own investors.
Since the IPO, Ashland stock has gained 35%, while Valvoline is down 11%....
GREAT-WEST LIFECO INC. $34 (Toronto symbol GWO; Conservative Growth and Income Portfolios, Finance sector; shares outstanding: 988.6 million; Market cap: $33.6 billion; Price-to-sales ratio: 0.7; Dividend yield: 4.6%; TSINetwork Rating: Above Average; www.greatwestlifeco.com) is Canada’s second-largest insurance company, after Manulife Financial....
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