Gannett acts to protect your value

GANNETT CO. INC. $0.75 is a hold. The company (New York symbol GCI; Conservative-Growth Portfolio, Consumer sector: Shares outstanding: 113.1 million; Market cap: $84.8 million; Price-to-sales ratio: 0.1; Dividend suspended; TSINetwork Rating: Speculative; www.gannett.com) recently merged with GateHouse Media, and its parent company New Media Investment Group Inc… Read More

Our updates keep you on top of your stocks: Pengrowth Energy, RioCan REIT and Bank of Nova Scotia

PENGROWTH ENERGY, $0.055, is a sell for our subscribers. The troubled energy producer (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $28.0 million; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) has two main properties: its Lindbergh oil sands project in Alberta, and its Groundbirch natural gas property in… Read More

In this case, we prefer the spinoff

On July 1, 2016, the old Hertz Global Holdings Inc. set up its car rental subsidiary as a separate firm (also called Hertz Global Holdings, New York symbol HTZ). It then handed shares in that new company to its investors. After the spinoff, the remaining… Read More