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Just Energy (JE -15.4%) shares plunge at the open after the utility adopts a shareholder rights...

Just Energy (JE -15.4%) shares plunge at the open after the utility adopts a shareholder rights plan. The company also released FQ3 earnings of $0.28/share vs. a $0.70/share loss in the year-ago period. Cuts its dividend to C$0.07/month from C$10.33. Other highlights: energy customer additions of 341K, up 10% Y/Y; customer base growth to 4.3M, up 11% Y/Y.
Comments (2)
  • User 509088
    , contributor
    Comments (975) | Send Message
     
    i was wondering about the surge in today avenir given it's meandering lower prior to it's combination with pace.

     

    maybe on account of this.
    8 Feb 2013, 11:49 AM Reply Like
  • degeneratevern
    , contributor
    Comments (3) | Send Message
     
    "Sometimes the lights all shining on me, other times I can barely see" Dumped my JE on Monday at 9.88. Who says I'm losing my fastball?
    9 Feb 2013, 11:53 PM Reply Like
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