Westshore Terminals Investment Corp. over the weekend reported first-quarter earnings of $15.2 million, or $0.24 per share, down from $32.9 million, or $0.53 per share, a year earlier.
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Westshore Terminals Investment overnight Wednesday said it secured the Toronto Stock Exchange s approval for a share buyback
Under the normal course issuer bid, Westshore will buy and cancel up.
Westshore Terminals Investment Corp. over the weekend raised the quarterly dividend to $0.375 per share from $0.35 per share.
The dividend will be paid by April 15 to shareholders of record on.
RBC Capital Markets downgraded Westshore Terminals Investment Corp. to Sector Perform from Outperform on Tuesday.
Analyst Walter Spracklin lowered his price target on shares of the.