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INTERNATIONAL FLAVORS & FRAGRANCES INC. $77 remains a buy for long-term gains. The company (New York symbol IFF; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 255.3 million; Market cap: $19.7 billion; Price-to-sales ratio: 1.8; Dividend yield: 2.1%; TSINetwork Rating: Above Average; www.iff.com) makes compounds that improve the taste of food and the smell of consumer products.
Due to slowing volumes as its customers use up their existing inventories and the negative impact of rising interest rates, IFF wrote down the value of recent acquisitions by $2.6 billion.
If you exclude that charge and other unusual item, IFF’s earnings in the three months ended December 31, 2023, fell 29.0%, to $0.22 a share (or a total of $56 million) from $0.31 a share (or $78 million) a year earlier....
Due to slowing volumes as its customers use up their existing inventories and the negative impact of rising interest rates, IFF wrote down the value of recent acquisitions by $2.6 billion.
If you exclude that charge and other unusual item, IFF’s earnings in the three months ended December 31, 2023, fell 29.0%, to $0.22 a share (or a total of $56 million) from $0.31 a share (or $78 million) a year earlier....
Capital One Financial recently agreed to merge with Discover Financial Services. The deal, if approved, would create the largest U.S. credit card company by loan volume.
Despite the emergence of a significant new competitor, the shares of American Express rose on the news....
Despite the emergence of a significant new competitor, the shares of American Express rose on the news....
A: MSCI Inc., $550.42, symbol MSCI on Nasdaq (Shares outstanding: 79.1 million; Market cap: $43.5 billion; www.msci.com) provides investment decision-making tools for its clients to manage their investment processes worldwide.
The company operates through four segments: Index, Analytics, ESG and Climate, and All Other Private Assets.
The Index segment provides indexes for use in various areas of investment, including ETFs, mutual funds, annuities, futures, options, structured products and over-the-counter derivatives; it also offers performance benchmarking, portfolio construction and rebalancing, and asset allocation.
The Analytics segment offers risk management, performance and portfolio management content; its services include providing analysis on risk and return, the markets, and credit and liquidity across asset classes....
The company operates through four segments: Index, Analytics, ESG and Climate, and All Other Private Assets.
The Index segment provides indexes for use in various areas of investment, including ETFs, mutual funds, annuities, futures, options, structured products and over-the-counter derivatives; it also offers performance benchmarking, portfolio construction and rebalancing, and asset allocation.
The Analytics segment offers risk management, performance and portfolio management content; its services include providing analysis on risk and return, the markets, and credit and liquidity across asset classes....
A: Cardinal Energy Ltd., $6.65, symbol CJ on Toronto (Shares outstanding: 158.5 million; Market cap: $1.05 billion; www.cardinalenergy.ca), is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, B.C....
A: Dover Corp., $159.71, symbol DOV on New York (Shares outstanding: 139.9 million; Market cap: $22.3 billion; www.dovercorporation.com), is a widely diversified manufacturer. Its industrial and aerospace products include compressors, flow meters, bearings, and other precision-engineered components....
A: Fastenal Company, $70.13, symbol FAST on Nasdaq (Shares outstanding: 572.2 million; Market cap: $40.1 billion; www.fastenal.com), is a leading wholesale distributor of industrial and construction supplies. It draws almost all its clients from the construction and manufacturing industries.
Those construction customers include general, electrical, plumbing, sheet-metal, and road contractors....
Those construction customers include general, electrical, plumbing, sheet-metal, and road contractors....
A: Inari Medical Inc., $57.16, symbol NARI on Nasdaq (Shares outstanding: 57.6 million; Market cap: $3.3 billion; www.inarimedical.com), is a medical device company whose products treat patients suffering from Chronic Venous Disease (phlebitis) and other related issues....
The term “bells and whistles” came into use in the early 1900s, in the train/locomotive industry. It referred to the actual bells, whistles and other noise-making devices attached to trains to signal when they arrived, departed, rounded a bend in the track, approached a crossroad, and so on....
SPX TECHNOLOGIES INC., $110.37, symbol SPXC on New York, is a North Carolina-based supplier of HVAC (heating, ventilation and air conditioning) solutions such as cooling towers, residential and commercial boilers, and comfort heating products. The company supplies detection and measurement products such as underground locators, inspection equipment, fare collection systems, communication technologies, and specialty lighting.
On February 7, 2024, SPX announced it had acquired Ingenia Technologies for $300 million....
On February 7, 2024, SPX announced it had acquired Ingenia Technologies for $300 million....
CALIAN GROUP LTD., $59.61, is a buy. The stock (symbol CGY on Toronto) lets investors tap the Ottawa-based company’s four main operating segments:
Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government segments....
Advanced Technologies offers products and engineering services for the space, communications, nuclear, agriculture, defence and government segments....