Tag Archives: buy

The best 11 Canadian stocks to buy in June

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We asked our top analysts for his or her favourite stocks to purchase this month. Kay Ng: Canadian Western Bank (TSX:CWB) Canadian Western Bank (TSX:CWB) remains my top idea from recently. Canadian Western is really a regional bank offering personal and business banking services over the four western provinces. It\’s even cheaper than last month, dropping from $31 to $28. ...

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Intel Corp to buy Altera Corp in US$16.7-billion deal

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Intel Corp agreed to buy Altera Corp for US$16.7 billion as the world\’s biggest chipmaker seeks to make up for slowing demand in the PC industry by expanding its line-up of higher-margin chips utilized in data centres. By combining with Altera, Intel can bundle its processing chips with the smaller company\’s programmable chips, that are used, amongst other things, to ...

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Buy Lundin now, HudBay later: Desjardins

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Lundin Mining Corp. and HudBay Minerals Inc. are generally copper miners and have similar market caps. Lots of investors buy both stocks in tandem when they want copper exposure, but Desjardins Securities analyst Jackie Przybylowski offers another strategy. “While Lundin remains attractively valued and it has the best possibility of positive stock price catalysts soon, early 2016 could present a ...

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Gran Tierra Energy Inc upgraded to buy

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Gran Tierra Energy Inc. was upgraded to purchase from hold at Canaccord Genuity as a result of its renewed capital resolve for Colombia. Analyst Christopher Brown also raised his price target on Gran Tierra shares to $5 from $4, hoping that the company’s new management team will fulfill their promises to shareholders. West Face Capital’s successful shake-up of Gran Tierra’s ...

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Aetna Inc to buy Humana Inc for $37 billion in largest insurance deal ever

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Health insurer Aetna Inc said it would buy smaller rival Humana Inc for around $37 billion in cash and stock, within the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc\’s No.2 insurer spot by membership, and would nearly triple Aetna\’s Medicare Advantage business. The deal will face antitrust scrutiny but when it ...

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TIO’s Softgate buy seen as transformational

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TIO Networks Corp.’s announced acquisition of Softgate Systems Inc. won’t likely close for some more months, but it won’t hurt if investors in TIO, a cloud-based bill payment processor, wish to start adding to their holdings ahead of time, says Kris Thompson, analyst at National Bank Financial. “The stock will likely not rally an excessive amount of more ahead of ...

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CCL Industries’ growth prospects label it a buy

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CCL Industries Inc. continues to be labelled a \”great investment opportunity\” by Neil Linsdell, analyst at Industrial Alliance Securities. Linsdell, who took control of coverage of the specialty packaging company at the end of May, tagged the stock with a strong buy rating and $195 price target, addressing a 20-per-cent upside to CCL\’s current stock price near $163. \”CCL has ...

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Celgene Corp to buy Receptos Inc for US$7.2 billion

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Celgene Corp said it decided to buy Receptos Inc for about $7.2 billion to grow its pipeline with Receptos\’ immune-inflammatory bowel drug, Ozanimod. Celgene will pay US$232 in cash for each Receptos share, representing a 12 per cent premium to the company\’s closing price on Tuesday. Ozanimod is in late-stage trials for inflammatory bowel disease and ms. Related What Valeant\’s ...

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Teva Pharmaceutical Industries to buy Allergan Plc’s generic drug business for US$40.5 billion, drops Mylan bid

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TEL AVIV – Teva Pharmaceutical Industries has agreed to buy Allergan Plc\’s generic drugs business for US$40.5 billion in a cash and stock deal which will turn the Israeli company into one of the world\’s largest pharmaceutical firms. The deal, the biggest in Israel\’s corporate history, prompted Teva to drop its US$40-billion hostile bid for Mylan , which had hit ...

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Anthem Inc to buy Cigna Corp in US$54.2-billion deal to create biggest U.S. health insurer

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Anthem Inc said on Friday it might buy Cigna Corp in a deal valued at US$54.2 billion, allowing the largest U.S. health insurer by membership. The deal – the biggest ever in the health insurance industry – comes three weeks after Aetna Inc decided to buy Humana Inc for US$37 billion and it is part of an industry-wide consolidation following ...

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