Updating DOREL INDUSTRIES, NISSAN MOTOR, and TIM HORTONS

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DOREL INDUSTRIES $41.21 (Toronto symbol DII.B; TSINetwork Rating: Extra Risk) (514-731-0000; www.dorel.com; Shares outstanding: 31.5 million; Market cap: $1.3 billion; Dividend yield: 3.0%) has agreed to buy 100% of Tiny Love Ltd., a maker of baby products and developmental toys based in Tel Aviv, Israel, for an undisclosed sum. Tiny Love has won awards in the developmental toy category, which includes products like activity gyms, mobiles and toys for babies and toddlers. The company sells these products in over 50 countries and had about $45 million U.S. of revenue in 2013. To put that in perspective, Dorel’s sales were $607.3 million U.S. in the three months ended September 30, 2013. Tiny Love is also profitable, with strong cash flow. This purchase fits nicely with Dorel’s plan to grow internationally. Tiny Love is particularly strong in Eastern Europe, an area of major focus for Dorel’s expansion plans. Dorel Industries is a buy. NISSAN MOTOR (ADR) $18.42 (Nasdaq symbol NSANY; TSINetwork Rating:…