Spinoffs & Takeovers Hotline – Friday, July 5, 2024

RXO INC., $26.77, symbol RXO on New York, is a provider of brokered transportation services in Canada and the U.S. The company offers tech-enabled truck brokerage services together with complementary solutions including managed transportation, freight
forwarding and last mile delivery.

RXO operates an “asset light” business model… Read More

How Do You Find the Best Canadian REITs?

How Do You Find the Best Canadian REITs?

Look for Canadian REITs that focus on ‘investment inputs’ as well as ‘investment outputs’ especially in 2024’s higher interest rate environment. They should also meet these 9 key criteria.
Top-quality Canadian REITs are among the highest-yielding real estate investments. That’s because many REITs hold high-quality, non-depleting… Read More

A Yield to Caution

ALARIS EQUITY PARTNERS INCOME TRUST $16 (Toronto symbol AD.UN; Finance sector; Shares outstanding: 45.5 million; Market cap: $728.0 million; Dividend yield: 8.5%) lends money to its partners—private businesses—in exchange for distributions, dividends or interest. Its goal is to generate stable cash flows to provide shareholders with a.. Read More

REITs have appeal despite higher rates

Most real estate stocks and REITs were well on their way to recovering their pre-COVID highs when interest rates began to rise. But those higher rates worried investors and dramatically slowed that recovery.
Still, for most real-estate classes (except for office buildings), occupancies have risen back… Read More