public offering
MASONITE INTERNATIONAL CORP., $86.83, symbol DOOR on New York, is a maker of interior and exterior doors for new construction as well as renovation and remodelling. The company’s client list has grown to more than 6,500 customers worldwide since operations started in 1925....
ABCELLERA BIOLOGICS INC., $3.91, symbol ABCL on Nasdaq, launched its IPO in December 2020, when it sold shares to the public at $20 each. Early investors included Peter Thiel, DCVC Bio, and Viking Global.
The company isn’t so much a pharmaceutical firm, but instead provides an artificial intelligence-powered R&D platform that aims to speed up the drug development process.
AbCellera’s machine-learning technology is built into its exclusive software platform, called Celium; it lets the company screen and identify antibodies based on numerous parameters including their biochemical properties.
In the quarter ended June 30, 2023, AbCellera’s revenue was $10.1 million, down sharply from $45.9 million a year earlier....
The company isn’t so much a pharmaceutical firm, but instead provides an artificial intelligence-powered R&D platform that aims to speed up the drug development process.
AbCellera’s machine-learning technology is built into its exclusive software platform, called Celium; it lets the company screen and identify antibodies based on numerous parameters including their biochemical properties.
In the quarter ended June 30, 2023, AbCellera’s revenue was $10.1 million, down sharply from $45.9 million a year earlier....
BIRKENSTOCK HOLDING PLC. $39 is a hold. This U.K.-based company (New York symbol BIRK; Consumer sector; Shares outstanding: 187.8 million; Market cap: $7.3 billion; No dividends paid; Takeover Target Rating: Lowest; www.berkenstock-holding.com) is an iconic footwear maker whose history dates back to 1774.
On October 11, 2023, the company completed a initial public offering of 32.3 million ordinary shares at $46.00 a share....
On October 11, 2023, the company completed a initial public offering of 32.3 million ordinary shares at $46.00 a share....
BlackBerry and Algonquin are using spinoffs and asset sales to boost shareholder value. We feel Algonquin is the better choice for your new buying, particularly as its dividend looks safe and now yields a high 7.5%.
BLACKBERRY LTD. $4.87 is a hold. The company (Toronto symbol BB; Manufacturing sector; Shares outstanding: 583.2 million; Market cap: $2.8 billion; No dividend paid; Takeover Target Rating: Medium; www.blackberry.com) quit developing smartphones in 2016 to concentrate on security software for mobile phones and self-driving cars.
The company now plans to separate its cybersecurity and Internet of Things (IoT) businesses into two independent, publicly traded companies by August 2024.
As part of the separation, it will pursue an initial public offering (IPO) for the IoT business, which includes its QNX automotive embedded software....
BLACKBERRY LTD. $4.87 is a hold. The company (Toronto symbol BB; Manufacturing sector; Shares outstanding: 583.2 million; Market cap: $2.8 billion; No dividend paid; Takeover Target Rating: Medium; www.blackberry.com) quit developing smartphones in 2016 to concentrate on security software for mobile phones and self-driving cars.
The company now plans to separate its cybersecurity and Internet of Things (IoT) businesses into two independent, publicly traded companies by August 2024.
As part of the separation, it will pursue an initial public offering (IPO) for the IoT business, which includes its QNX automotive embedded software....
BLACKBERRY LIMITED, $4.73, symbol BB on Toronto, is a Waterloo-based provider of cybersecurity and Internet of Things (IoT) software. The company was formerly known as Research and Motion and got its current name from its BlackBerry smartphone. In January 2022, the company stopped servicing its smartphones.
On May 1, 2023, BlackBerry announced that its board of directors was initiating a strategic review of its various businesses to find possible ways to enhance shareholder value at the money-losing company....
On May 1, 2023, BlackBerry announced that its board of directors was initiating a strategic review of its various businesses to find possible ways to enhance shareholder value at the money-losing company....
SUNCOR ENERGY INC., $46.74, Toronto symbol SU, is a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
With the December 2022 payment, Suncor raised your quarterly dividend by 10.6%, to $0.52 a share from $0.47....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. It also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
With the December 2022 payment, Suncor raised your quarterly dividend by 10.6%, to $0.52 a share from $0.47....
MCDONALD’S CORP., $248.22, New York symbol MCD, is your #1 Conservative Buy for 2023.
The company is the world’s largest fast-food chain with over 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....
The company is the world’s largest fast-food chain with over 40,000 restaurants in 119 countries. It serves a wide variety of food but is best known for its hamburgers and french fries....
GXO LOGISTICS INC., $57.85, symbol GXO on New York, is one of the world’s largest contract logistics providers.
GXO aims to provide high-value-added warehousing and distribution, order fulfillment, e-commerce, reverse logistics (see below), and other supply chain services....
GXO aims to provide high-value-added warehousing and distribution, order fulfillment, e-commerce, reverse logistics (see below), and other supply chain services....
ARM HOLDINGS PLC ADR $53 is a hold. This U.K.-based company (Nasdaq symbol ARM; Manufacturing & Industry sector; Shares outstanding: 1.1 billion; Market cap: $58.3 billion; No dividend paid; Takeover Rating Target: Lowest; www.arm.com) is a leading designer of energy-efficient chips that power mobile devices....
SMITH DOUGLAS HOMES CORP. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The stock will trade on the New York exchange under the symbol SDHC.
Smith Douglas is a Georgia-based homebuilder focused on southeastern and southern U.S....
Smith Douglas is a Georgia-based homebuilder focused on southeastern and southern U.S....