July 31, 2019, Client Letter

In recent years, I’ve mentioned that the world is going through a gigantic monetary experiment. At first, I was referring to the “quantitative easing” that the U.S. Federal Reserve and other central banks began in 2008/2009, to offset the financial crisis. But the more I.. Read More

Earnings rise 102.5% at Molson Coors Canada Inc.

Earnings rise 102.5% at Molson Coors Canada Inc.

The firm continues to benefit from its purchase of SABMiller’s stake of MillerCoors as revenues climbed 14.2% in the latest quarter.

However, some COVID-19 challenges remain and beer consumption is slowing, which is forcing the company to cut costs.

Meanwhile, the B class shares trade at 12.9… Read More

Potash Corp. & Agrium Inc. merger still paying off

Potash Corp. & Agrium Inc. merger still paying off

Agrium Inc. completed its merger with Potash Corp in 2019. The new combined company, Nutrien, has benefited from higher commodity prices and better-than-expected cost cutting following the merger. This industry giant has also made strategic acquisitions to further spur its earnings.

The company has raised its… Read More