RE:Q3Missed consensus EPS BY 1 cent
No change in forward guidance from September update
received approval to almost double the number of shares they can buyback under the NCIB over the next year and a half.
inwould think that is very good news for the stock.
however this am world markets and the DOW futures are down significantly
canadian dollar is also at the low of the year
market reaction - since I’m long I’m going to say down at the open...hopefully nothing significant ... I wouldn’t think anything significant to the downside should happen today.
i can’t imagine the shortera are thrilled with the increased share buyback plan.
thoughts anyone?