The shares of Finning and Toromont have moved down lately in response to lower commodity prices. However, recent acquisitions put both companies in a strong position to expand their earnings when commodity prices rebound.
FINNING INTERNATIONAL INC. $25 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry… Read More
These two distributors of Caterpillar heavy equipment continue to see strong cyclical demand for their products. That has pushed up their share prices, but these stocks are still attractive in relation to their projected earnings.
FINNING INTERNATIONAL INC. $32 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing &… Read More
TOROMONT INDUSTRIES LTD. $66 (Toronto symbol TIH; High-Growth Dividend Payer Portfolio; Manufacturing & Industry sector; Shares o/s: 81.3 million; Market cap: $5.4 billion; Dividend yield: 1.4%; Dividend Sustainability Rating: Above Average; www.toromont.com) distributes a broad range of industrial equipment, including machinery made by Caterpillar. It also makes refrigeration… Read More
Based on the evidence so far, this 2017 acquisition looks like a good fit.
With its heavy equipment franchises in Quebec and Atlantic Canada, this newly acquired firm seems like an ideal complement to this stock’s dealerships in Ontario, Manitoba and Nunavut. As a bigger… Read More
CANADIAN NATIONAL RAILWAY CO., $114.68, Toronto symbol CNR, operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
With the March 2018 payment, the company raised its quarterly dividend by… Read More
CANADIAN NATIONAL RAILWAY CO., $117.78, Toronto symbol CNR, operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.
In response to severe winter weather that disrupted CN’s operations in the… Read More
TOROMONT INDUSTRIES LTD., $57.94, symbol TIH on Toronto, distributes a range of industrial equipment, including machinery made by Caterpillar Inc. It also makes refrigeration systems through its CIMCO business.
In the three months ended December 31, 2017, Toromont’s revenue jumped 67.2%, to $822.8 million from $492.2… Read More
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
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