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The latest quarterly dividend was barely covered. Recent merger between BPL and VTTI has resulted in one time acquisition costs, and the merger itself is not showing significant growth results in the short term. Investor fears that tax reforms would be negative for companies structured as MLPs such as BPL.Why the weakness in BPL profitability is temporarySource: Buckeye Partners Third Quarter 2017, November 3, 2017, Earnings Press ReleaseAs shown above, the two biggest profit drops were the Domestic Pipelines and Terminals as well as the Global Marine Terminals.

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cheap iphone Cases x case Our financial outlook is provided only on a non GAAP basis. Please see today's earnings release in the Investor Relations section of our website for reconciliation of non GAAP financial measures to GAAP measures.Non GAAP financial information should not be considered in isolation from, as a substitute for, or superior to GAAP financial information, but included because management believes it provides meaningful supplemental information regarding our operating results when assessing our business and useful to investors for informational and iPhone x case comparative purposes. The non GAAP financial measures the company uses have limitations and may differ from those used by other companies.Before I turn the call over to Dan, I want to mention that at the end this call I would be providing some details regarding our upcoming Investor Day.iPhone x case

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