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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by sunshine7on Mar 30, 2016 11:23am
61 Views
Post# 24711048

RE:RE:GBP strengthening

RE:RE:GBP strengthening
CXin the business of forex trading. They are in the business of manufacturing and marketing of drugs that improve peoples lives. To trade the ebbs and tides of forex is a very different business and not a core strength of most companies. This, in addition to the cost of hedging currencies. It has been calculated and determines that the effect of GBP weakness in a minor negative in relation to the bottom line and should be respected as such.
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