Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, January 30, 2015

Article Excerpt

CARFINCO FINANCIAL GROUP INC., $10.53, symbol CFN on Toronto, rebounded closer to its takeover price of $11.25 a share this week, after falling as low as $8.30 last week. In November 2014, Carfinco’s shareholders voted to accept a friendly $11.25-a-share takeover bid from Spain’s Banco Santander SA (ADR symbol SAN on New York). Carfinco is confident the deal will go through, and this week the last two conditions were met: Spanish regulators granted their approval and Carfinco entered into an agreement to sell Persian Acceptance Corp., its U.S. subsidiary. We’ll say more as further news becomes available, but for now Carfinco is a hold. Carfinco was recently covered in the February 2015 issue of Stock Pickers Digest. Click here to access it. Carfinco recently covered in the Stock Pickers Digest Hotline for January 16, 2015. Click here to access it. RESTAURANT BRANDS INTERNATIONAL, $49.24, symbol QSR on Toronto, plans to lay off around 350 of the 1,800 staff at its head office in Oakville, Ontario, as…

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