GLV: The founder buys a division, a shareholder is outraged
GLV (Tor., GLV.A) wants to sell his pulp and paper division to its cofounder for a sum of $65 millions. Criticized by a major shareholder, the direction of the Montreal company defends the transaction by pointing out that the transaction has been made independently. Read this French article on Les Affaires
Saputo and TD Bank results spur Gazette stock-picking challenge
Raschkowan’s two picks from last August, Saputo Inc. and TD Bank, posted one-year returns (including dividends) through August 15th of 41 and 31 per cent, respectively, for a blended return of 36 per cent. That was about 11 points ahead of his nearest rivals, Jeff Tory of Pembroke Management and Jean-Paul Giacometti of Claret Asset […]
The US economic strength is underestimated
Every Sunday, a financial investor answers our questions. He gives his reading of the markets, offers his point of view on the stock market along with some investment advice. This week, William Kovalchuk, from Claret in Montreal. Read this French article on La Presse
The slump continues in the stock market
Are we witnessing the beginning of a market correction or simply the birth of a long bear market? Certainly, stock markets around the globe have continued their slump on Monday. Read this French article on La Presse
Will these nine laggards rise in 2014?
2013 has been a good year for Quebec companies, with the Morningstar Québec Index ending with a gain of 27.6%. Some companies did not take advantage of this bullish wave, either because their industry is in bad shape or because they are in need of signficant change. Will they rise in 2014? Read this French article on Les […]
CGI: Are results that good?
In appearance this is one of the most beautiful acquisitions in recent years of Quebec inc .. With the purchase of Logica, CGI Group (Tor., GIB, $ 40.60) gives the impression that they really managed a homerun. Good ball or foul ball? Read this French article on Les Affaires
5 Quebec corporations flying under the radar
Many Quebec corporations remain under the radar as they prefer to avoid the spotlight. Little or no analysts offer coverage. This does not deter certain financiers from showing interest in a few of them. Four portfolio managers share their thoughts on the outlook for Logistec, Tecsys, New Look, Velan and Reitmans. Read this French article […]