Hence the fear of Fed easing on monetary stimulus, which is really what's holding up the stock market. All that Fed money isn't being lent to Joe Average, it's going into equities.
TD, along with everything else, regardless of numbers is going to take a short-term beating. C'est la vie, mes amis.
Dan, ask Blurts if he really did sell all 100 of his BBD.b stock the day before the earnings announcememnt.
Ask him if he was a-fibbin".
Q over Q gain, Y over Y gain, but a miss nonetheless. I think that despite the dividend hike and the split news, this still takes taken for a stroll to the woodshed this a.m.
Looks like we got a modest divided hike in there as well, a penny a quarter.
Reading into the report, it seems that some charges resulted in a miss of about 9 cents, which could pave the way for a continued sell-off today. CIBC didn't fare as well, it seems. They're on skid row with BMO.
EPS came in at the low end of the scale. Looks like all the cylinders are firing. The question is: where does the stock go from here (as in today). It wouldn't be surprising to see TD go the way of NA yesterday, despite all the signals showing green, it still got beaten like a red-headed stepchild.
IMO, splits don't mean a whole helluvalot.
Looks like you two codgers are starting up a Bromance. All the best, maybe you guys should turn it up a notch and switch medications. BittyBit, buy Grimmy a pair of Starbucks mittens and take him back to your "maison" on your "autobus"
Speak French to BittyBit " il sont le grande DumDum".
Hey BittyBit, what the hell is a "bug supporter"? And...what's "supremacy" mean
Is a "bug supporter" like the truss old guys like you wear to keep the roach in check?
Still a DumDum.........
Announces 2-1 stock split, and the stock is down $1.40 on the news.
This isn't stock specific, but market specific based on fear that the Fed will stop pumping money into the system. Let's face it, the Fed money isn't being lent out to Joe Average, it's all being poured into equities. When the Fed pulls the plug, equities are in for a short, sharp ride.
Clean up in aisle seven, clean up in aisle seven!
You bring whole new meaning to the term "bagholder". Hint: put my eggs on top.
National Bank of Canada, the country's sixth-largest lender, announced a 2-for-1 stock split and raised its dividend after reporting a 4 percent fall in fourth-quarter profit.
The bank raised its quarterly dividend to 92 Canadian cents per share from 87 Canadian cents.
The split will be made through a stock dividend of one share for each share held, the bank said on Wednesday.
Net income fell to C$337 million ($316 million), or C$1.89per share, in the quarter ended Oct. 31, from C$351 million, orC$1.97 per share, a year earlier.
Excluding items, the Montreal-based bank earned C$2.09 per share, in line with the average analyst expectation, according to Thomson Reuters I/B/E/S.
Any other description just doesn't do him justice.
Still an absolute DumDum.........
Still stalking me, Blurts? I'm flattered, but you really do need to find another outlet.
Now, as to TD, if you'd held some of the banks over the past years, and had been a DRIP participant, you wouldn't be crying the blues every day over your losses in BBD. It's all about balance.
BTW, it was one of your dreaded "letters of intent" that was firmed. There is an option for 11 additional.
So, I guess you lied when you said you sold all your Bombardier stock (all 100 shares) before the earnings release? The truth shall set you free, Blurts.
Well Bitty, what about your decision to bail out of TD a couple years back, losing more than $30/share, or putting money into LEH just before it went tats-up? Do those count as "distarous"?
Still an absolute DumDum after all these years...........LOL