MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $29.2 million in its fourth quarter, down 19.8 per cent from earnings of $36.4 million during the same period a year ago.
Chief executive Philippe Jetté says while there remains a challenging economic and competitive environment in the U.S., consumer demand for Cogeco's higher speed offerings has resulted in rising revenue per subscriber to help offset customer losses at lower price points. The stock market is approaching a 'once-in-a-generation' buying opportunity as profits are about to take off almost everywhere, investment firm saysBank of Nova Scotia stock could be a major bargain in the banking scene right now. The post Canadian Bank Stocks Look Severely Undervalued: Here’s 1 With a 7.6% Yield appeared first on The Motley Fool Canada. -- Costco Wholesale Corp.
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