Topic: How To Invest

The Successful Investor Hotline – Friday, April 13, 2018

Article Excerpt

BANK OF NOVA SCOTIA, $76.44, Toronto symbol BNS, is Canada’s third-largest bank, with assets of $923.2 billion. This week, the bank cancelled a deal to sell its banking operations in Malaysia to Taiwan-based Cathay Financial Holdings Co. for $255 million U.S. Bank of Nova Scotia has yet to say why it was unable to complete the sale. However, it’s possible that Malaysian regulators blocked the deal. The bank will probably try to find another buyer for the Malaysian business, as it wants to keep shrinking its Asian operations. That will let it better focus on its key markets of North America and Latin America (Mexico, Peru, Chile and Colombia). OUR RECOMMENDATION: Bank of Nova Scotia is a buy. Bank of Nova Scotia recent coverage Hotline for March 2, 2018 Hotline for February 16, 2018 BOMBARDIER INC., Toronto symbols BBD.A $3.66 and BBD.B $3.64, is the world’s third-largest maker of commercial aircraft, after Boeing (No.1) and Airbus (No. 2). It’s also a leading maker of commuter…

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