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Tenaris ADR Rep 2 Ord Shs T.TS.B


Primary Symbol: TS

Tenaris S.A. is a holding company, which is a steel producer with production facilities in Mexico, Argentina, Colombia, United States and Guatemala. The Company supplies round steel bars and flat steel products for its pipes business. It operates through Tubes business segment. The Tubes segment includes the production and sale of both seamless and welded steel tubular products, and related services primarily for the oil and gas industry, principally oil country tubular goods (OCTG) used in drilling operations, and for other industrial applications with production processes that include in the transformation of steel into tubular products. It operates in geographical areas, such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Its products and services include OCTG, Premium Connections, Rig Direct, Offshore Line Pipe, Onshore Line Pipe, Hydrocarbon Processing, Power Generation, Sucker Rods, Coiled Tubing, Industrial and Mechanical, and Automotive.


NYSE:TS - Post by User

Post by twentychanceson Sep 23, 2017 8:43am
151 Views
Post# 26734013

Observation...possibly noteworthy.

Observation...possibly noteworthy.Greetings comrades,

I usually enter a subway/metro/train station in Toronto in the mornings.

Almost without fail there would be someone at the front of the station handing
out the free Metro papers (produced by Torstar).

As you know, Torstar did not renew the contract with the TTC to have the Metro available *inside* the stations where people could just grab one and go. A competing Postmedia product got the contract instead.  Torstar's work-around (pretty clever) was to employ someone to stand in front of each station (presumably) in Toronto to hand out the papers before people got into the stations and were tempted by the competition.

Now, the weird thing is that there is no one handing out Torstar's Metro in front of the subway! Maybe they can't find anyone to do the job? This seems unlikely as several months have gone by.

And even when no one was there, the stack of Metro's would still be by the station, and commuters would sort of take one even if there was no one there to hand them out.

So, the question is what is going on? Myabe Torstar is going to get the contract back?



























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