Updates on Telus, TD Bank and Pengrowth Energy

Article Excerpt

TELUS $46.88 (Toronto symbol T; Shares outstanding: 594.0 million; Market cap: $27.9 billion; TSINetwork Rating: Above Average; Divd. yield: 4.2%; www.telus.com) owns 65% of Telus International. Formed in 2005, this business operates call centres on behalf of corporate clients in North America, Central America, Europe and Asia. It also helps those businesses manage their computer systems. Telus International recently paid an undisclosed price for privately held Xavient Information Systems. Based in California, Xavient is a global IT consulting and software services company with about 1,800 employees. That firm has operations throughout the U.S. and in India, serving customers primarily in the telecommunications, media, entertainment, healthcare, and banking and financial services industries. Telus is a buy. TD BANK $73.16 (Toronto symbol TD; Shares outstanding: 1.8 billion; Market cap: $135.2 billion; TSINetwork Rating: Above Average; Dividend yield: 3.3%; www. td.com) owns roughly 42% of TD Ameritrade Holding Corp. (Nasdaq symbol AMTD), one of the largest online brokerage firms in the U.S. On September 18, 2017, TD…