Description: Members of the deal team at Canopy Rivers Inc. (RIV.V) look at about seven investment opportunities a day, getting to know cannabis entrepreneurs eager for financial backing in a sector where the stigma of illegal drugs lingers. Source: Yahoo.Finance.com Date: Sep 05, 2019 Link: https://ca.finance.yahoo.com/news/canada-is-pretty-much-played-out-what-canopy-rivers-learned-from-thousands-of-pot-pitches-141549137.html Questions for discussion: Summarize the investment thinking at Canopy… Read more »
Posts Categorized: Industry Analysis
In a world of disappearing income, these stable stocks pay a high dividend yield
Description: In a world of falling and even negative interest rates, investors are searching high and low for yield. Source: CNBC.com Date: Sep 04, 2019 Link: https://www.cnbc.com/2019/09/04/in-a-world-of-disappearing-income-these-stable-stocks-pay-a-high-dividend-yield.html Questions for discussion: What do you think about the advice presented to investors in this report? What are the risks to investors who choose to follow the advice?… Read more »
Credit risks see three banks decouple from Big Six
Description: Three Canadian banks are retesting the floors they reached in December, decoupling from the rest of the Big Six in what analysts say is a sign of uncertain times. Source: FinancialPost.com Date: Aug 28, 2019 Link: https://business.financialpost.com/investing/canadian-banks-decouple-from-one-another-as-economic-cycle-wanes Questions for discussion: Summarize the assessments and predictions made in this report. Do you agree? What should… Read more »
WeWork Is Going Public. Are Its Numbers Too Private?
Description: As the fast-growing purveyor of shared work space prepares for an I.P.O., its filings lack some important insights. Source: NYTimes.com Date: Aug 29, 2019 Link: https://www.nytimes.com/2019/08/29/business/wework-ipo.html Questions for discussion: What are the concerns expressed in the article? What do you think of the WEWORK business model, from an investor’s point of view?
Roku is growing even faster than Netflix did at the same point, analyst says
Description: Roku’s streaming business is growing faster than Netflix was at a similar stage in the company’s life, according to analysts at William Blair. The firm said it expects Roku to reach 80 million active accounts by 2025. Source: CNBC.com Date: Aug 27, 2019 Link: https://www.cnbc.com/2019/08/27/roku-growing-faster-than-netflix-did-at-same-point-william-blair-says.html Questions for discussion: Why is this financial analyst so optimistic about the… Read more »
Bombardier to scrap controversial executive compensation plan
Description: Market regulator said plan to allow sale of shares met the rules, but could lead to negative perceptions Source: CBC.ca Date: April 26, 2019 Link: https://www.cbc.ca/news/business/bombardier-compensation-plan-1.5112398 Questions for discussion: What was the perceptual problem here? Why do you think the firm didn’t act on its own initiative to change this compensation plan? Do you… Read more »
US crude plunges 2.9%, settling at $63.30, after Trump says he told OPEC to tame fuel costs
Description: Oil prices tumbled as much as 4% on Friday, extending early losses after President Donald Trump said he told OPEC to take action to temper fuel costs. Source: CNBC.com – video report Date: Apr 26, 2019 Link: https://www.cnbc.com/2019/04/26/oil-market-opec-output-rises-us-sanctions-on-iranian-oil-in-focus.html Questions for discussion: Why did oil prices pull back, according to the report? Explain oil prices and their effect… Read more »
Yamana Gold cleans up balance sheet with $1-billion sale of Brazilian mine to Lundin Mining
Description: The company plans to apply the entire proceeds from the Chapada mine sale to reduce its $1.6 billion debt pile Source: FinancialPost.com Date: April 15, 2019 Link: https://business.financialpost.com/commodities/mining/yamana-gold-cleans-up-balance-sheet-with-1-billion-sale-of-brazilian-mine-to-lundin Questions for discussion: What are financial considerations for this deal for each firm? Is the deal good for investors of each firm? Would you be buying… Read more »
TaylorMade CEO: Split from Adidas gave us ‘freedom and independence’
Description: When Tiger Woods won The Masters on Sunday, it was an instant boon to everyone in business with him, directly or even indirectly, from sponsors like Nike and Monster Beverage to broadcaster CBS. Source: YahooFinance.com – video report Date: Apr 16, 2019 Link: https://finance.yahoo.com/news/taylormade-golf-ceo-adidas-sale-gave-us-freedom-to-sign-tiger-woods-jason-day-203237110.html Questions for discussion: How much “stock value” should investors attribute to… Read more »
Qualcomm stock surges on Apple legal settlement
Description: Apple and Qualcomm have settled their royalty dispute, the companies announced in a press release. The settlement includes a payment from Apple to Qualcomm as well as a chipset supply agreement, suggesting that Apple will buy Qualcomm chips for future iPhones. The companies did not say how much the payment will be. Source: CNBC.com – video report Date:… Read more »
Fundamentals of Corporate Finance
- Introduction to Corporate Finance, Fourth Canadian Edition
Laurence Booth (University of Toronto), W. Sean Cleary (Queen's University ) - Investments: Analysis and Management, Third Canadian Edition
W. Sean Cleary (Queen's University), Charles P. Jones (North Carolina State Univ.)