The stock is getting hit today because investors are shocked at the pre-announcement and not so much at the miss. Even after Sept. 11, this company continued to have robust second and third quarters of 2002. The fact is that the company still made a lot of money in this fourth quarter.
"Thomas Underwood" was a building developer and the 13th mayor of Calgary, District of Alberta/Alberta.
Born in Asfordby, Leicestershire, England in 1863, Underwood emigrated to Canada when he was 20. A carpenter by trade, he arrived in Winnipeg, Manitoba in 1883. At first, he worked as a farm hand. Two years later, he joined a Canadian Pacific Railway construction gang and was working in Craigellachie, British Columbia at the time of the last spike was driven to complete the transcontinental railroad. After the railroad was completed, he settled in Calgary.
Underwood spent the first two and a half years working for Jarrett-William Henry Cushing/Cushing Lumber Company. Then he went into business for himself as a builder and contractor. Underwood was involved in the construction of many of the larger buildings in early Calgary. This includes the Bank of Montreal building and Burns Manor for Canadian Senate/Senator Patrick Burns (businessman)/Pat Burns.
Underwood was elected to the Calgary City Council in 1894. He spent eight years on City Council including two years as mayor from 1902-1904.
More Thomas Underwood on Wikipedia.They have very strong balance sheets, unlike the airline industry, and were all profitable heading into the event.
I absolutely think it has further to go.
The results were exceptional.
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