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Agree. The results are not that bad. Europe is a weak spot,...

  1. 205 Posts.
    Agree. The results are not that bad. Europe is a weak spot, which is as expected. The only surprise is the poor performance from Canada.

    There are a signifant integration cost included in the results, which I assumed is for the BNY acquisition, plus a higher depreciation item.

    M&A activities are at a multi year low globally. Once things pick up, CPU will be taking the fruit from the expansion during the bad market times.

    Still positive and patient.

    DYOR

 
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