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TSE:ENB – Minnesota groups raise concerns over Enbridge’s pipeline plans

Two environmental groups have asked Minnesota regulators to take another look at Enbridge Inc.’s (TSE:ENB, Mkt cap 53.08B, P/E 40.04, Div/yield 0.53/3.71, EPS 1.43, Shares 934.23M) proposed oil pipeline in the northern part of the state.
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Inter Pipeline (TSE:IPL) acquires Canadian NGL midstream assets

Inter Pipeline Ltd (TSE:IPL, Mkt cap 9.17B, P/E 20.04, Div/yield 0.13/5.71, EPS 1.36, Shares 337.03M) has completed its acquisition of the Canadian natural gas liquids (NGL) midstream businesses of Williams and Williams Partners for C$1.35bn in cash.
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Encana Corp (TSE:ECA) to raise US$1bn for Permian expansion

Encana Corp (TSE:ECA, Mkt cap 9.57B, Div/yield 0.02/0.65, EPS -4.41, Shares 849.89M) has announced a public offering of common shares which it hopes will raise gross proceeds of just over US$1bn.
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Fortis Inc (TSE:FTS) acquisition of ITC approved in Missouri

Electric and gas utility holding company Fortis Inc (TSE:FTS, Mkt cap 11.93B, P/E 21.47, Div/yield 0.38/3.60, EPS 1.94, Shares 284.47M) is a step closer to its planned acquisition of electric transmission company ITC Holdings Corp. after the deal was approved by the Missouri Public Service Commission (MPSC). The two companies announced on Thursday that the … [+] Read More

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North West Company (TSE:NWC) sees Q2 profit fall

Canadian food retailer The North West Company Inc (TSE:NWC, Mkt cap 1.26B, P/E 18.22, Div/yield 0.31/4.75, EPS 1.43, Shares 48.52M) has reported lower profit for the second quarter despite an increase in sales. Its quarterly dividend remained unchanged at C$0.31 per share. The company said on Thursday that net earnings for the three months ended … [+] Read More

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What is diversification?

What is diversification and how much to you need? We believe that maintaining a well-diversified portfolio of 25 to 30 stocks will yield a cost-effective level of risk reduction. Investing in more securities may yield some further diversification benefits, albeit at a drastically smaller rate.
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TSE:ENB – Enbridge agrees C$37bn purchase of Spectra Energy

Enbridge Inc and Spectra Energy have agreed to merge in a deal valued at C$37bn (US$28bn) [+] Read More

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Top Stock Picks – Michael Sprung on BNN Market Call Tonight

Outlook: North American markets have continued their upward trajectory despite a growing list of negative geopolitical and business risks, particularly those stemming from the surprising vote in the UK to “Brexit”. At the same time, the global bond markets appear to be signalling an expected decline in economic activity. Governments out side of North America continue to attempt to stimulate economies through quantitative easing and proposed infrastructure spending. Over US$13 Trillion of sovereign debt is now at negative interest rates and the total continues to grow.

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