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VEREN INC., $9.54, is now a tender for investors. The company (Toronto symbol VRN; Shares o/s: 611.8 million; Market cap: $5.8 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.8%; www.vrn.com) has received a takeover offer from Whitecap Resources (symbol WCP on Toronto)....
Power Corp. offers you top-quality assets—all the more attractive given they come at a significant “holding company discount.” That’s the tendency for a holding company’s shares to trade for less than the value of its assets. In Power Corp’s case, it means investors can currently pick up shares at about a 24% discount....
A: The Clorox Company, $147.40, symbol CLX on New York (Shares outstanding: 123.2 million; Market cap: $18.1 billion; www.thecloroxcompany.com), makes and markets consumer and professional products.
Clorox has operations in about 25 countries or territories and sells its products in more than 100 markets....
Clorox has operations in about 25 countries or territories and sells its products in more than 100 markets....
A: Darden Restaurants Inc., $208.08, symbol DRI on New York (Shares outstanding: 117.1 million; Market cap: $24.3 billion; www.darden.com), is a full-service restaurant company.
Darden got its start in 1995, when General Mills Inc....
Darden got its start in 1995, when General Mills Inc....
A: Moody’s Corp., $468.87, symbol MCO on New York, (Shares outstanding: 179.9 million; Market cap: $83.8 billion; www.moodys.com), provides risk assessment information, analytics tools, and solutions to businesses worldwide....
Four times a year, we send our latest Quarterly Letter to our portfolio management clients. One way or another, members of our Inner Circle eventually receive the benefits of these quarterly letters, after we’ve sent them out to our portfolio management clients. We may update or revise our Quarterly Letters before we send them out to Inner Circle members or a wider or different audience.
On occasion, however, we send a portion or portions of the next client letter out early, to Inner Circle Members as well as our portfolio management clients....
On occasion, however, we send a portion or portions of the next client letter out early, to Inner Circle Members as well as our portfolio management clients....
MERCK & CO. INC., $89.23, is a buy. The drugmaker (symbol MRK on New York) is a pharmaceutical leader in oncology, acute-care and animal health drugs as well as vaccines.
The company is now paying up to $2 billion for the rights to Jiangsu Hengrui Pharmaceuticals Co.’s experimental heart drug....
The company is now paying up to $2 billion for the rights to Jiangsu Hengrui Pharmaceuticals Co.’s experimental heart drug....
KYNDRYL HOLDINGS INC., $31.32, New York symbol KD, is still a hold.
The company took its current form in November 2021 when International Business Machines Corp. (New York symbol IBM) spun off its legacy business of helping corporate and government clients manage their datacentres....
The company took its current form in November 2021 when International Business Machines Corp. (New York symbol IBM) spun off its legacy business of helping corporate and government clients manage their datacentres....
SERVICENOW INC., $797.76, symbol NOW on New York, is a cloud-based software provider that aims to help companies manage their digital workflows. ServiceNow went public in 2012 at $18 a share.
On March 10, 2025, ServiceNow announced that it would acquire Moveworks, a California-based company that develops AI-driven assistants for large corporations....
On March 10, 2025, ServiceNow announced that it would acquire Moveworks, a California-based company that develops AI-driven assistants for large corporations....
These two stocks are down lately. That’s because they earn most of their income based on the value of the securities they manage for their clients, and the recent stock market volatility will probably hurt those asset values. Even so, both should continue to benefit as more investors approach retirement and turn to professional asset managers.
STATE STREET CORP....