Oakville, A6, based Investment company Lincluden Management Ltd buys Royal Bank of Canada, Crescent Point Energy, Rogers Communications, Bank of Nova Scotia, Cenovus Energy, Shaw Communications, Bank of Montreal, Manulife Financial, Potash of Saskatchewan, Canadian Imperial Bank of Commerce, sells Encana, Brookfield Asset Management, Oracle, Granite Real Estate Investment Trust, Chevron during the....More>>>
By Ben Reynolds
Bank of Nova Scotia (NYSE:BNS) is the third-largest Canadian bank ranked by market cap.
Bank of Nova Scotia’s market cap is $64 billion The Toronto-Dominion Bank’s market cap is $83 billion Royal Bank of Canada’s market cap is $94 billion
Bank of Nova Scotia’s financial metrics should immediately stand out for value-focused dividend....More>>>
While Kinder Morgan (NYSE:KMI) is one of the largest energy-infrastructure companies in North America, most of its assets are in the United States. However, an outsized portion of the company’s near-term growth is in Canada due to one major project. Given the size of the project, the company is currently looking at a range of financing options, which could lead it to get creative with its....More>>>
Crude oil prices have nearly reached $70 a barrel this year, and tensions in the Middle East coupled with a resurgence of U.S. and Canadian shale production could move that price to $80 soon. Many consumers may have trouble with the rise in gasoline and heating oil costs that comewith such a high price. So will companies that rely on oil, gas and oil by-products.
Oil prices have not been....More>>>
The Canadian energy companies may be out of favor, but that has not stopped several of them from posting decent operating results. Investors can invest in Canadian companies far more cheaply than Permian operators. Yet, the results in Canada appear every bit as competitive. Obsidian Energy (OBE) just reported about C$.38 per share cash flow. That is very roughly one-fourth of the current selling....More>>>
Last month Canadian junior mining company Alexandria Minerals Corporation (TSX VENTURE:AZX)(OTCQB:ALXDF) announced that it had begun its summer drill program at its Orenada Zone 4 gold project in Val dOr, Quebec. Alexandria Minerals’ summer drilling program is specifically focused on defining and expanding the companys near-surface gold resources in and around Zone 4, where....More>>>
Walmart is turning up the heat on Amazon on both sides of the Pacific.
America’s biggest retail chain said late Thursday it would start selling e-books and audiobooks online for the first time later this year.
The shift will bring the company into even closer competition with Amazon (AMZN), which started out as an internet bookseller but has grown into all-encompassing retail....More>>>
Peyto (OTCPK:PEYUF) is a Canadian E&P company whose production profile is dominated by dry gas (92%). With the low price of natural gas, it has been a tough couple of years for Peyto’s shareholders. That said, the company has maintained its dividend payout through the commodity price downturn. Recently natural gas prices have recovered from their lows, but Peyto’s stock has not kept....More>>>
Lancaster, PA, based Investment company Fulton Bank, N.A. buys Canadian Imperial Bank of Commerce, AstraZeneca PLC, Occidental Petroleum Corp, iShares U.S. Preferred Stock ETF, Cummins Inc, Public Storage, Dominion Energy Inc, Total SA, Royal Dutch Shell PLC, British American Tobacco PLC, sells McDonald’s Corp, AbbVie Inc, Sanofi SA, Consolidated Edison Inc, WisdomTree Europe Hedged Equity....More>>>
Berkshire Hathaway, the conglomerate controlled by Warren Buffett, agreed Wednesday to buy a stake in the troubled Canadian mortgage lenderHome Capital Group in a $1.8 billionrescue plan.
Berkshire will pay $300.7million for a 38.4% stake of the Toronto-based company and extend a $1.5 billion line of credit.
“This investment from Berkshire not only addresses Home Capitals....More>>>