Text size: Small font Default font Larger font

Have an account? Please log in.

TSI Network
Patrick McKeough is one of Canada’s top safe-money advisors. The Wall Street Journal, Forbes and The Hulbert Financial Digest have all recognized his ability to find stocks with hidden value. He is editor and publisher of The Successful Investor, Stock Pickers Digest, Wall Street Stock Forecaster and Canadian Wealth Advisor; inventor of the Quick Profit/Value System and the ValuVesting System™. A best-selling Canadian author, he wrote Riding the Bull, the book that predicted the 1990s stock-market boom.


August 14, 2009 -  Be the first to comment
Posted by: Pat McKeough Filed in: Income Investing
  • Comments

IMPERIAL OIL LTD. $40 earned $0.25 a share in the three
months ended June 30, 2009. That’s down 80.5% from $1.28 a
year earlier. The drop was mainly caused by falling crude-oil and
natural-gas prices. As well, its Cold Lake and 25%-owned
Syncrude oil-sands projects were closed for maintenance during
the quarter, which added to its costs. However, oil prices have
more than doubled since last February’s low of $32 U.S. a barrel.
Higher selling prices and a return to full production at its oil-sands
operations should help Imperial’s third-quarter earnings. Best Buy.

TELUS CORP. $34 continues to attract new wireless subscribers,
which helps it offset losses of traditional phone customers to cable
companies. In the second quarter of 2009, Telus added 111,000
wireless subscribers, down 36.8% from a year earlier. Still, Telus
ended the quarter with 6.3 million wireless users, or 7.8% more
than a year ago. Average spending per wireless user fell 6.6%, but
this should improve with the economy. Buy.


Permalink: http://www.tsinetwork.ca/?p=33636

Tags: , , , , , , ,

  • Comments

Would you like us to inform you when new articles are posted?

What do you think? Go ahead and add your comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.

Comments are closed.

Twitter Facebook
Follow TSI Network on Twitter and Facebook!

TSI Network Products

In today's economy, it's more important than ever to have clear investment advice that is tailored to your own personal goals. This is where Pat McKeough's conservative safe-investing philosophy comes in. Through TSI Network, you get access to reports, monthly newsletters and premium services that go beyond the daily headlines to give you all the advice and information you need to build a portfolio with long-term growth potential. Simply click on the links below to discover which service is right for you.