POWER CORP. $28.98 – Toronto symbol POW

POWER CORP. $28.98 (Toronto symbol POW; Shares outstanding: 414.4 million; Market cap: $13.6 billion; TSINetwork Rating: Above Average; Dividend yield: 4.3%; www.powercorporation.com) holds its financial assets through its 65.7% ownership of Power Financial. That holding includes 58.7% of IGM Financial, a leading Canadian mutual fund… Read More

Updating Manitoba Telecom, Encana and Power Corp.

MANITOBA TELECOM $28.74 (Toronto symbol MBT; Shares outstanding: 78.9 million; Market cap: $2.3 billion; TSINetwork Rating: Average; Dividend yield: 4.5%; www.mts.ca) has acquired AWS-1 radio frequencies (or spectrum) in Manitoba from rival wireless carrier WIND Mobile.

The $45-million purchase will boost the speed and capacity… Read More

POWER CORP. $31.00 – Toronto symbol POW

POWER CORP. $31.00 (Toronto symbol POW; Shares outstanding: 414.0 million; Market cap: $14.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.0%; www.powercorporation.com) is a diversified holding company. It holds its financial assets through 65.7%-owned Power Financial.

These financial assets include 69.5% of Great-West Lifeco, one of… Read More

Power Corp. is a bargain

POWER CORP. $31.00 (Toronto symbol POW; Shares outstanding: 414.0 million; Market cap: $14.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.0%; www.powercorporation.com) is a diversified holding company. It holds its financial assets through 65.7%-owned Power Financial.

These financial assets include 69.5% of Great-West Lifeco, one… Read More

POWER CORP. $33.51 – Toronto symbol POW

POWER CORP. $33.51 (Toronto symbol POW; Shares outstanding: 413.5 million; Market cap: $15.5 billion; TSINetwork Rating: Above Average; Div. yield: 3.4%; www.powercorporation.com) holds its financial assets through 65.7%-owned Power Financial. These holdings include 58.7% of IGM Financial, a leading Canadian mutual fund provider.

As of… Read More

Updating TransCanada Corp., Power Corp. and Telus

TRANSCANADA CORP. $56.04 (Toronto symbol TRP; Shares outstanding: 708.9 million; Market cap: $40.4 billion; TSINetwork Rating: Above Average; Dividend yield: 3.7%; www.transcanada.com) has announced a new deal with Magellan Midstream Partners (New York symbol MMP).

The two firms have formed a 50/50 partnership to build… Read More