New ETFs for Canadian investors

This month we look at two new ETFs. The first of those funds invests in companies involved in the management of private equity. The second is an actively managed ETF concentrating on companies that its managers believe will benefit from a rise in inflation.
NBI GLOBAL… Read More

TRP takes on partners

TC ENERGY INC., $63.48, is a buy. The company (Toronto symbol TRP; Shares o/s: 940.0 million; Market cap: $59.7 billion; TSINetwork Rating: Above Average; Dividend yield: 5.1%; www.transcanada.com) has sold 65% of the Coastal GasLink pipeline to KKR & Co. and Alberta Investment Management Corporation.
Coastal GasLink will pump natural… Read More

Sale will help fuel TC’s dividend

TC ENERGY CORP. $60 is our #1 Income Buy for 2020. The company (Toronto symbol TRP; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 939.0 million; Market cap: $56.3 billion; Price-to-sales ratio: 4.3; Dividend yield: 5.4%; TSINetwork Rating: Above Average; www.tcenergy.com) has sold 65% of the Coastal… Read More

KKR may engineer a takeover

US FOODS HOLDING CORP. $20 is a hold. The company (New York symbol USFD; Consumer sector; Shares outstanding: 220.3 million; Market cap: $4.4 billion; No dividend paid; Takeover Target Rating: Medium; www.usfoods.com) is one of the largest foodservice distributors in the U.S. It services more than 300,000 restaurants and… Read More

Spinoffs & Takeovers Hotline – Friday, May 22, 2020

TRISURA GROUP LTD., $49.00, symbol TSU on Toronto, is a provider of higher-margin specialty insurance in three areas: Risk Solutions provides warranties for manufactured products; Surety Insurance guarantees that specific tasks are completed; and Corporate Insurance and Reinsurance offers policies to professionals to cover malpractice… Read More