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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (53684)	2/1/2019 7:03:09 AM
From: Goose94	Read Replies (1) \| Respond to of 203030

Teck Resources (TECK.B-T) Sometimes companies bury warnings in their press releases. Not Teck Resources, which said late last night fourth-quarter profit will be “significantly below” the average analyst estimate. It’s pinning the blame in part on the “significant negative impact” of the gap between WCS and WTI oil prices. It’s also taking a bunch of writedowns, totaling $80 million – almost half of which stems from its stake in the Fort Hills oil sands project. All told, Teck estimates the challenges will knock $0.30/share off its Q4 profit. BNN.ca