Analyst downgrades Canwest

24 Oct 2008

Canwest is in deep trouble, says TD Newcrest, a Canadian advisory firm. With advertising down at its newspapers and earnings from its Australian TV network slumping, TD analyst Scott Cuthberson downgraded his rating for the company from “speculative buy” to “reduce



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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.