• 7:54 AM

    Stewardship Financial Corporation (NASDAQ: SSFN), parent company of Atlantic Stewardship Bank, declared $0.16 earnings per share (EPS) for the second quarter, net income of $1.4 million as compared to net income of $1.1 million last year. Post announcement, shares dropped by 1.60% during mid-day trading, hitting $9.25. The company also announced a quarterly dividend of

    Read more
  • 1:50 PM

    August 16, 2016 : Hydro One Limited (TSX:H.TO) announced solid second quarter results where remained marginally ahead of street estimate. Adjusted EPS of $0.25 beat consensus EPS estimate of $0.23. By and large, we see this quarter positively as the firm is making progress on cost containment. The consensus has increased target price by $1 to

    Read more
  • 6:29 PM

    We bring you highlights from our marketing visit in western Canada with (TSE:HLF)’s Keith Decker (President & CEO) and Paul Jewer (EVP & CFO). Company anticipates input costs to decrease during 2015. Our input cost index, which has already declined 3.5% since its peak in March 2015, is expected to further decrease due, in part,

    Read more
  • 5:38 PM

    Trinidad Drilling (TSE:TDG) disclosed plan to buy CanElson Drilling (TSE:CDI) for $505 million on Friday before trading hours. CDI shareholders can receive 1.0631 TDG shares or $4.90 in cash subject to a maximum $50 million cash payment. This suggests about an 18% premium to CDI’s closing share price of $4.27 at the close on June

    Read more
  • 5:34 PM

    Prior market opened on Wednesday, Legacy Oil + Gas Inc (TSE:LEG) disclosed a proposed acquisition by CPG. We are restricted on Crescent Point Energy Corp. As per share deal, the $1.53 billion proposed transaction contemplates 0.095 CPG shares for each LEG share outstanding and shows a value of $2.85 per LEG share. Under the terms

    Read more
  • 5:11 PM

    Pengrowth Energy Corp (NYSE:PGH) released an update on its Lindbergh SAGD project before market opened on Tuesday. Lindbergh production exceeds design capacity. Company announced that production at its Lindbergh commercial SAGD project has outperformed the design capacity of 13,000 BOE per day. The Lindbergh SAGD project is a key component of Pengrowth’s growth strategy with

    Read more
  • 5:09 PM

    Bonterra Energy Corp (TSE:BNE) disclosed a private placement offering to be used to reduce debt levels and fund the 2015 drilling program after market closed on Monday. Company disclosed that it will complete a private placement offering of 1.2 mm shares at a price of $32 per share, translating in total earnings of $38.4 mm.

    Read more
  • 5:01 PM

    Aecon Group Inc. (TSE:ARE) declared the sale of its 45.5% interest in the Quito International Airport concession on Tuesday before market opened. The sale is anticipated to generate net earnings of nearly $ 195 (C$243 million). The transaction is anticipated to close in the second half of 2015 and remains subject to third party approvals

    Read more
  • 4:46 PM

    For Denison Mines Corp (TSE:DML), we are off restriction following the closing of a C$15 million placement.  12 million flow-through shares at rate of C$1.25 were issued, which comapny intends to use towards its 2016 exploration program. Company’s winter program showed promising results at Wheeler River, Mann Lake, Hatchet Lake, and Crawford Lake. Notably, a

    Read more


The Market Cash Cow
623 5th Avenue, New York, NY 10022
Phone: 1-845-262-3176
Email: editor@marketcashcow.com