The Daily Chase: BMO closes earnings season with a miss; Oil slumps - BNN Bloomberg

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🏦BMO misses Q3 expectations 🛢️Oil under pressure ‼️ Musk-Twitter deal feud continues Here's what you need to know today:

it’s planning to repurchase up to 10 per cent of its common shares, explaining – in standard boilerplate language – that it doesn’t think they’re adequately reflecting the company’s value.

profit expectations despite a sharp drop in sales, and it’s warning the slide in same-store sales could steepen in the current quarter. In the press release, Best Buy’s chief executive acknowledged last year’s demand was “fuelled partly by stimulus dollars.”announced

 

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