October 2, 2014 Comments

On Thursday markets were at one point down more noticeably but ended the day with the S&P 500 unchanged and Toronto down 0.3%.

Agrium was down 2.5% on a warning of lower profits. That does not seem too surprising given that profits had declined in earlier quarters. What is more important is the outlook for the next few years and beyond. I did not see any comments about that. I would want to see the Q3 results and more detail on the outlook before buying or selling.

I expect to update a couple of the reports within the next few days

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