Fresh start for Chesapeake

CHESAPEAKE ENERGY $20.57 (New York symbol CHK; TSINetwork Rating: Extra Risk) (405-848-8000; www.chkenergy.com; Shares outstanding: 664.7 million; Market cap: $13.7 billion; Dividend yield: 1.7%) reports that its controversial co-founder, CEO and chairman, Aubrey K. McClendon, has agreed to retire. McClendon is under investigation by the… Read More

CHESAPEAKE ENERGY $20.57 – New York symbol CHK

CHESAPEAKE ENERGY $20.57 (New York symbol CHK; TSINetwork Rating: Extra Risk) (405-848-8000; www.chkenergy.com; Shares outstanding: 664.7 million; Market cap: $13.7 billion; Dividend yield: 1.7%) reports that its controversial co-founder, CEO and chairman, Aubrey K. McClendon, has agreed to retire.

McClendon is under investigation by the U.S…. Read More

Icahn raises his stake in CHK

CHESAPEAKE ENERGY $16.96 (New York symbol CHK; TSINetwork Rating: Extra Risk) (405-848-8000; www.chkenergy.com; Shares outstanding: 664.7 million; Market cap: $11.3 billion; Dividend yield: 2.1%) reports that activist investor Carl Icahn has increased his stake in the company to 8.98% from 7.5%.

Icahn, who has a long… Read More

Updates on Loblaw, CP Rail and Encana

LOBLAW CO. $32.56 (Toronto symbol L; Shares outstanding: 281.4 million; Market cap: $9.2 billion; TSINetwork Rating: Above Average; Dividend yield: 2.6%; www.loblaw.ca) starting selling its popular Joe Fresh clothing and accessories in its supermarkets in 2006. It has also opened 12 stand-alone Joe Fresh stores… Read More

ENCANA $20.75 – Toronto symbol ECA

ENCANA $20.75 (Toronto symbol ECA; Shares outstanding: 735.4 million; Market cap: $15.3 billion; TSINetwork Rating: Average; Dividend yield: 3.9%; www.encana.com) has come under fire over media reports that the company colluded with U.S.-based Chesapeake Energy Corp. (New York symbol CHK) with regard to various land… Read More

Updates on EnCana, Enbridge and Newmont Mining

ENCANA $20.75 (Toronto symbol ECA; Shares outstanding: 735.4 million; Market cap: $15.3 billion; TSINetwork Rating: Average; Dividend yield: 3.9%; www.encana.com) has come under fire over media reports that the company colluded with U.S.-based Chesapeake Energy Corp. (New York symbol CHK) with regard to various land… Read More