MLSE sale cuts BCE debt

BCE INC., $46.49, is a buy. The company (Toronto symbol BCE; Shares o/s: 912.3 million; Market cap: $42.4 billion; TSINetwork Rating: Above Average; Dividend yield: 8.6%) has now agreed to sell its 37.5% stake in Maple Leaf Sports and Entertainment (MLSE) to Rogers Communications Inc. MLSE is the… Read More

These targets will likely resist demands

We keep an eye on activist investors, as they tend to look for the same things we do—companies with undervalued assets that they can sell or spin off to improve shareholder value. Two recent targets, Kinaxis and News Corp., have attractive assets. However, they will… Read More