CJREF - The Sky Is Not Falling At Corus
How sentiment appears to have turned on a dime at Corus (CJREF) through 2018. From being one of the more loved dividend aristocrats on the TSE, the stock has shed half its value on a single weak quarter. However, now it appears there're deeper reasons for the slashing of Corus' share price... Shaw Communications (SJR) (40% owner of Corus and former parent) is looking to sell its stake in the company to double down on its wireless business.
Corus and Shaw Comms are Canadian companies that report in CAD. Any number