Quebec-based retailer goes public

GROUPE DYNAMITE INC. $21 is a hold. The company (Toronto symbol GRGD; Consumer sector; Market cap: $2.3 billion; No dividend paid; Takeover Target Rating: Lowest; www.groupedynamite.com) is a Montreal-based retailer of women’s apparel with roughly 300 stores in Canada and the U.S. They operate under the Garage and Dynamite… Read More

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DYE & DURHAM LTD. $18 is a hold. The company (Toronto symbol DND, Manufacturing & Industry sector; Shares outstanding: 66.9 million; Market cap: $1.2 billion; Dividend yield: 0.4%; Takeover Target Rating: Medium; www.dyedurham.com) is a cloud-based software provider for legal and business professionals.
On July 17, 2020, Dye & Durham… Read More

Intact: 19 years of rising dividends

Shares of property insurer Intact have more than doubled in the past five years and recently hit a new all-time high. That’s mainly due to savvy acquisitions that expanded Intact’s geographic reach.
The company now expects to pay out higher claims in 2024 as a result… Read More

Nvidia competitor prepares for IPO

CEREBRAS SYSTEMS INC. has filed paperwork with U.S. regulators for an initial public offering (IPO) of common shares. The shares will trade on Nasdaq under the symbol CBRS.
Based in California, the company makes specialized, high-performance computer chips for artificial intelligence and other applications. Unlike industry leader… Read More