21-Feb-2011 4:03 PM
Multiplus, Groupe Aeroplan shares finish weaker
Analysis
Multiplus shares eased 2.5% yesterday, as the company's shares continue to show weakness after it reported a 4Q2010 profit of USD26 million. The company's results beat estimates, with revenue up 8.4% year-on-year. Multiplus controls the frequent flyer programme for TAM.
Summary
- Multiplus shares show weakness despite reporting a 4Q2010 profit of USD26 million.
- Multiplus beats estimates with an 8.4% year-on-year increase in revenue.
- Multiplus controls the frequent flyer programme for TAM.
- Groupe Aeroplan, holding Air Canada's frequent flyer programme, sees a 1.2% decrease in shares.
- Multiplus shares ease by 2.5%.
- Daily share price movements for selected others on 18-Feb-2011.
Shares in Groupe Aeroplan, the company holding Air Canada's frequent flyer programme, were down 1.2%.
Selected Others daily share price movements (% change): 18-Feb-2011
