Posted on March 17th, 2008 by moneyvsdebt
Citi downgrades Permian Basin Royalty Trust (NYSE: PBT) from Buy to Hold. Price target increased from $17 to $20.
Citi analyst says, “The decision to lower our rating is based on the trust’s current valuation. The units have appreciated by nearly 39.5% since mid December through March 11, 2008 (e.g. which compares favorably [...]
Filed under: Canadian Income Trust, High Dividend Stocks, Income Trust, Income Trusts To Purchase, Investing, Stocks | No Comments »
Posted on March 17th, 2008 by moneyvsdebt
3:47a.m. - Peters & Co
NEW YORK, March 17 (newratings.com) - Analysts at Peters & Co maintain their “sector underperform” rating on Pengrowth Energy Trust (PGF.UN) and (PGH.NYS) NYSE. The 12-month target price has been raised to $17.
In a research note published on March 14, the analysts mention that the company’s [...]
Filed under: Canadian Income Trust, Easy Money, High Dividend Stocks, Income Trust, Income Trusts To Purchase, Investing, Positive Encouragement, Stocks | No Comments »
Posted on February 1st, 2008 by moneyvsdebt
When an income trust begins to pay out close to all its cash flow in the form of cash distributions, should investors be concerned?
In the case of Canadian Oil Sands Trust COS-UN.TO, which raised its quarterly distribution to 75 cents from 55 cents, the answer according to the market appears to be no: The units [...]
Filed under: (DRIPS) Canadian Dividend Reinvestment Plans, Canadian Income Trust, Easy Money, Finance, Financial News, Global Economy, High Dividend Stocks, Income Trust, Income Trusts To Purchase, Investing, Stocks | No Comments »
Posted on December 22nd, 2007 by moneyvsdebt
CALGARY _ Analysts are citing Abu Dhabi National Energy Co., also known as TAQA, as a possible buyer for natural gas producer Compton Petroleum Corp. (TSX:CMT), which has been pressured by a major shareholder to put itself up for sale.
TAQA, a state-owned company based in the United Arab Emirates, has zeroed in on Canadian gas [...]
Filed under: Canadian Income Trust, Financial News, Global Economy, Income Trust, Investing, Stocks | No Comments »
Posted on December 22nd, 2007 by moneyvsdebt
Ben Stiller, like Canada, is being torn apart by Atilla and Huns in “Last Night at the Museum” 20th Century Fox.
Deputy Finance Minister Mark Carney, under questioning in Parliament last week on his “qualifications” to be the Bank of Canada’s Governor, said he convinced the Tories to destroy income trusts, costing two million investors $35 [...]
Filed under: Canadian Income Trust, Income Trust | No Comments »