Conservative · Stocks to Consider and Updates

CVS Health to Acquire Aetna

As I previously reported in October, CVS Health (NYSE: CVS - $71.02) said it has agreed to acquire Aetna, Inc.  in a transaction valued at about $69 billion. Under the terms, CVS will acquire all of Aetna's outstanding shares for a consideration of $207 per share, consisting of $145 in cash and 0.8378 CVS common share for each Aetna share. Including… Continue reading CVS Health to Acquire Aetna

Income · Stocks to Consider and Updates

Royal Bank of Canada Beats Earning’s Estimates

Royal Bank of Canada (NYSE: RY - $79.47), the country’s largest bank, reported earnings of C$2.83 billion (US$2.2 billion), or C$1.88 a share, compared with C$2.53 billion, or C$1.65 a share a year ago. Adjusted earnings settled at C$1.92 vs. consensus of C$1.87 a share. Total revenue rose 12% to C$10.52 billion. The bank's net interest margin expanded by 2 basis points to 1.72.… Continue reading Royal Bank of Canada Beats Earning’s Estimates

Income · Stocks to Consider and Updates

LyondellBasell to Buy 50% Stake in Quality Circular Polymer

LyondellBasell Industries (NYSE: LYB - $104.84), one of the world's largest plastics, chemical and refining companies, announced it has entered into a definitive agreement to purchase a 50 percent stake in Quality Circular Polymers (QCP), a high standard plastics recycling company in Sittard-Geleen, Netherlands. Under the terms of the agreement, LyondellBasell will be a 50/50 partner in QCP… Continue reading LyondellBasell to Buy 50% Stake in Quality Circular Polymer

Income · Stocks to Consider and Updates

ETRACS Alerian MLP ETN – Update

The ETRACS Alerian MLP Exchange Traded Note (NYSE: AMU - $16.54) seeks to replicate - net of expenses - the Alerian MLP Index, which measures the performance of 50 prominent energy master limited partnerships. Its constituents earn most of their cash flow from the transportation, storage, processing or production of energy commodities, but depressed prices… Continue reading ETRACS Alerian MLP ETN – Update

Conservative · Stocks to Consider and Updates

Deere Reports Higher Sales and Profits; Improves Guidance

Shares of construction and agriculture equipment manufacturer Deere & Co. (NYSE: - DE - $143.50) are trading at an all-time high after reporting a 79% increase in profits for the fiscal fourth quarter over this time last year helped by increased sales as demand for equipment improves. Earnings were $510.3 million, or $1.57 per share, up from $285.3 million,… Continue reading Deere Reports Higher Sales and Profits; Improves Guidance