Author Archives: generatorloans

Why Quebecor Inc stands out in the Canadian telecom sector

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TD Securities analyst Vince Valentini is pounding the table on Quebecor Inc., telling clients not one other stock within the Canadian telecom space provides the same combination of value and growth. He believes the seven-per-cent pullback in Quebecor shares since the company reported first-quarter results is “completely unwarranted.” The company’s initial phase wireless business had record average revenue per user ...

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How WSP Global is emerging as Canada’s engineering consulting giant

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MONTREAL – WSP Global leader Pierre Shoiry says that as he presents the company’s strategy for the next 3 years at the shareholders meeting on Thursday, it’s likely to look a lot like the plan set out in 2012. \”It\’s going to be much more of exactly the same,\” said Shoiry at the?engineering consulting firm’s headquarters in Montreal. This is ...

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Valeant Pharmaceuticals International Inc CEO primed for more deals

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LAVAL, QUE. C ?Michael Pearson’s penchant for acquisitions has helped catapult Valeant Pharmaceuticals International Inc. towards the heavyweight ranks of the TSX Composite Index, and also the company’s chief executive officer?shows no indications of slowing down the deal flow. Valeant Pharmaceuticals International Inc. is becoming the 800-pound gorilla of the TSX – which should worry index investors Hedge fund investor ...

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Buy Canada back in vogue as foreign investment in securities jumps most since May 2012

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OTTAWA – Foreign investment in Canadian securities jumped to $22.47 billion in March, the biggest inflow since May 2012, as investors acquired corporate bonds and stocks, data from Statistics Canada showed on Friday. Non-residents invested $20.96 billion in Canadian bonds, reflecting strong new issue activity. Investors purchased $17.03 billion in Canadian corporate bonds, the highest since October 2001. Canadian investors ...

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Dow, S&P close at record highs as rate-hike angst abates; TSX closed for Victoria Day

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The Dow Jones industrial average and S&P 500 ended at record highs on Monday, helped by a rally in Apple as well as tepid economic data suggesting the Federal Reserve may wait to boost interest rates. Canadian markets were closed for Victoria Day. The S&P 500 racked up its third straight all-time high close, gaining 6.47 points, or 0.3 per ...

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Shopify Inc hikes IPO price on strong demand for Ottawa-based startup

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Ottawa-based Shopify Inc. has grown the size of its initial public offering. Instead of raising US$107.8 million through the sale of 7.7 million subordinate voting shares the organization now plans to raise US$141.7 million via the sale of 7.7?million shares each priced at a maximum of US$16 a share assuming that the 15 per cent over-allotment option is exercised. Given ...

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Mixed views on giant First Quantum financing

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First Quantum Minerals Ltd. unveiled a blockbuster $1.25-billion stock offering Wednesday night, easily the largest equity offer the Canadian mining space this year. The Vancouver-based company didn\’t need to raise that much money, therefore the deal raises a clear question: Is it worth diluting shareholders so much? The offering, which is priced at $16.25 a share, will raise the share ...

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Why volatility can be an investor’s best friend

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Stock market volatility is usually held up being an investing bugaboo, however it should not be feared since it creates possibilities to generate some pretty healthy returns. But investors will need to pick their spots given the valuation run-up recently and the chance of significant equity market pullbacks as rates of interest rise. Andrew Hamlin and Vivian Lo, portfolio managers ...

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Five tales from the trenches: An ex-portfolio manager divulges what it’s really like

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Investors and friends always used to ask me what being a portfolio manager was like. Sometimes, like in a conference for instance, I couldn\’t really tell the stories I wanted to. I needed to keep things professional and, obviously, in sales mode, since many portfolio managers do. Now that I no longer manage money, though, I can reveal several stories ...

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Stephen Poloz may have to drop rates to zero, ex-Bank of Canada adviser warns

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The Bank of Canada may cut interest rates to zero in the next six to 1 . 5 years as a rising Canadian dollar threatens the recovery, according to Fidelity Investments\’ David Wolf. Rebounding oil prices have spurred Canada\’s currency towards the biggest rally among Number of 10 nations versus the U.S. dollar within the last three months. Six reasons ...

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