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Best Asia Stocks To Own: What’s Wrong With the Teenage Mind?
Tweet “What was he thinking?” It’s the familiar cry of bewildered parents trying to understand why their teenagers act the way they do. How does the boy who can thoughtfully explain the reasons never to drink and drive end up in a drunken crash? Why does the girl who knows all about birth control find herself pregnant by a boy she doesn’t even like? What happened to the gifted, imaginative child who excelled through high school but then dropped out of college, drifted from job to job and now lives in his parents’ basement? ... … Read entire article »
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Best Asia Stocks To Own: CIBC Maintains ‘Sector Performer’ Rating On Astral Media
Tweet CIBC World Markets Inc. maintained its “Sector Performer” rating on Astral Media Inc. (TSX: ACM-A.TO) and a price target of $42.00. Canada-based Astral Media boosted its annual dividend by 33 percent to $1.00 per share. The company also announced a renewal of its normal course issuer bid for up to 5 percent of outstanding shares. “The dividend boost is significant at 33 percent, but comes as no surprise, as the company catches up with peer Corus,” CIBC analyst Robert Bek wrote in a note. “Astral maintains a solid balance sheet, and had plenty of capacity for the dividend bump.” “Overall, today’s announcements were a slight positive for Astral, although a meaningful dividend increase was largely expected. We continue to believe in ACM’s execution, but some uncertainty around global ad markets may act as headwinds in the NT,” Bek said. Astral Media is the broadcaster of English and French language pay and specialty television services ... … Read entire article »
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