Acquisition spurs FirstService Corp’s revenue, profit

Acquisition spurs FirstService Corp’s revenue, profit

Recent acquisitions led to a 32.7% revenue boost for this company during the most-recent quarter. The boost bodes well for this spinoff’s future gains and those of its investors. 

The stock trades at 27.8 times the company’s 2020 earnings forecast.


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FIRSTSERVICE CORP. (Toronto symbol FSV; www.firstservice.com)… Read More

Enjoy a 6.6% yield from H&R REIT

Enjoy a 6.6% yield from H&R REIT

A newly-opened residential complex led to a 2.4% jump in cash flow for this real estate investment trust in the most-recent quarter.

Meanwhile, today’s low interest rates continue to help the REIT reduce its interest expense and to sustain its high-yielding distributions for investor.

The trust’s units… Read More

Sobeys Inc. $38 – Toronto symbol SBY

Sobeys Inc. $38 – Toronto symbol SBY

Sobeys has undergone significant changes since this article was published in 2006, including its delisting by owner Empire Company LTD. See below for that June 2016 update, following an Oct. 2019 update on Empire.
2019:

Empire Company Ltd., $30.50, symbol EMP.A on Toronto (Shares outstanding: 269.1… Read More