Indigo dumps its Kobo e-book business

INDIGO BOOKS & MUSIC INC. $9.12 (Toronto symbol IDG; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 25.2 million; Market cap: $229.8 million; Price-to-sales ratio: 0.2; Dividend yield: 4.8%; TSINetwork Rating: Average; www.chapters.indigo.ca) has agreed to sell Kobo Inc., which sells electronic books and reader devices… Read More

Kobo investments weigh on Indigo

INDIGO BOOKS & MUSIC INC. $13 (Toronto symbol IDG; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 24.7 million; Market cap: $321.1 million; Price-to-sales ratio: 0.3; Dividend yield: 3.6%; TSINetwork Rating: Average; www.chapters.indigo.ca) saw its revenue rise 5.0% in its 2011 fiscal year, which ended April… Read More

E-book competition heats up

INDIGO BOOKS & MUSIC INC. $15 (Toronto symbol IDG; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 24.7 million; Market cap: $370.5 million; Price-to-sales ratio: 0.4; Dividend yield: 2.9%; TSINetwork Rating: Average; www.chapters.indigo.ca) is now selling its Kobo e-book reader through Future Shop and Best Buy… Read More

Top retailers offer growth & value

The Canadian retailing industry is intensely competitive. That’s why we prefer to focus on well-established retailers, such as the five we analyze below. Their high market shares and strong brands give them an edge. As well, all five trade at reasonable multiples to earnings. However,… Read More