spin off
SUNCOR ENERGY INC., $48.70, Toronto symbol SU, remains a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
With the June 2022 payment, Suncor increased your quarterly dividend by 11.9%....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
With the June 2022 payment, Suncor increased your quarterly dividend by 11.9%....
A key aspect of our Successful Investor approach is looking for stocks with hidden or underappreciated assets. Those assets include, for example, undervalued real estate holdings as well as the high research spending of technology companies.
Hidden assets also come in the form of businesses that a company can sell or spin off to unlock value for investors....
Hidden assets also come in the form of businesses that a company can sell or spin off to unlock value for investors....
ALPHABET INC., Nasdaq symbols GOOG $96.58 [class C: non-voting] and GOOGL $96.29 [class A: one vote per share], is your #1 Aggressive Buy for 2022.
The stock is the parent of Google, the world’s leading Internet search engine. It gets most of its revenue from online advertising.
In addition to search, Google also offers a variety of other services and products....
The stock is the parent of Google, the world’s leading Internet search engine. It gets most of its revenue from online advertising.
In addition to search, Google also offers a variety of other services and products....
CANADIAN PACIFIC RAILWAY LTD., $100.53, Toronto symbol CP, is your #1 Conservative Buy for 2022.
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company is now in the process of merging with U.S.-based railway Kansas City Southern....
CP ships freight over a 23,700-kilometre rail network, mainly between Montreal and Vancouver. It also links to hubs in the U.S. Midwest and Northeast.
The company is now in the process of merging with U.S.-based railway Kansas City Southern....
Pharmaceutical giant Johnson & Johnson still plans to spin off its consumer operations in 2023 as a new firm called Kenvue.
Even though Kenvue’s products are less profitable than prescription drugs and medical devices, it owns some of the world’s best-known brands and generates steady cash flows....
Even though Kenvue’s products are less profitable than prescription drugs and medical devices, it owns some of the world’s best-known brands and generates steady cash flows....
XPO LOGISTICS INC. $45 is a spinoff buy. The company (New York symbol XPO; Manufacturing sector; Shares outstanding: 115.0 million; Market cap: $5.2 billion; No dividends paid; Takeover Target Rating: Medium; www.xpo.com) has two businesses: North American LTL offers freight brokerage, last-mile logistics for heavy goods, less-than-truckload (LTL) services and intermodal operations; and Truck Brokerage helps firms place their cargoes with qualified carriers.
The company now plans to spin off the truck brokerage business as a separate firm called RXO Inc....
The company now plans to spin off the truck brokerage business as a separate firm called RXO Inc....
SUNCOR ENERGY INC., $45.04, Toronto symbol SU, remains a buy.
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
Suncor has agreed to sell its renewable power projects in Alberta and Ontario to Canadian Utilities (see below).
The company will receive $730 million for these assets when it completes the sale in the first quarter of 2023....
The company is Canada’s largest integrated oil firm, with major projects in the Alberta oil sands. Suncor also operates four refineries (three in Canada and one in Colorado), along with 1,875 Petro-Canada gas stations.
Suncor has agreed to sell its renewable power projects in Alberta and Ontario to Canadian Utilities (see below).
The company will receive $730 million for these assets when it completes the sale in the first quarter of 2023....
A: Kellogg Company, $72.22, symbol K on New York, (Shares outstanding: 340.1 million; Market cap: $24.2 billion; www.kelloggs.com), is a major maker of food products in North America and the rest of the world.
The company’s principal products are snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites; and convenience foods, such as, ready-to-eat cereals, frozen waffles, veggie foods and noodles.
These products are manufactured in 21 countries and marketed in more than 180 countries....
The company’s principal products are snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites; and convenience foods, such as, ready-to-eat cereals, frozen waffles, veggie foods and noodles.
These products are manufactured in 21 countries and marketed in more than 180 countries....
TAMARACK VALLEY ENERGY LTD., $3.54, symbol TVE on Toronto, is an oil and gas exploration and production firm in Western Canada. The company focuses on Alberta and Saskatchewan, and its output is 74% oil and 26% gas.
On September 12, 2022, the company announced it would pay $1.4 billion in cash and stock to acquire Deltastream Energy Corp....
On September 12, 2022, the company announced it would pay $1.4 billion in cash and stock to acquire Deltastream Energy Corp....
Media companies have struggled recently as advertisers shift their spending to online platforms. Rising inflation and interest rates are also hurting the subscription revenues of streaming services. As a result, activist investors are now demanding changes, including at these two media giants.
WALT DISNEY CO....