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Stock Market & Financial Investment News

News Breaks
February 28, 2014
05:53 EDTBCE, RCIRogers, BCE stopped from taking more airwaves, Reuters reports
The Canadian government blocked Inukshuk, a joint venture of Rogers Communications (RCI) and BCE's (BCE) Bell Canada unit from acquiring more airwaves--83 wireless spectrum licenses from NextWave--sending another message that their dominant positions would be challenged in the fight to win consumers, reports Reuters. Reference Link
News For RCI;BCE From The Last 14 Days
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February 4, 2016
07:12 EDTBCEBCE to raise annual dividend 5% to C$2.73 from C$2.60
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07:11 EDTBCEBCE says Thomas O'Neill to retire as Chair, board to nominate Gordon Nixon
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07:11 EDTBCEBCE reports Q4 EPS C72c, consensus 71c
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January 27, 2016
06:57 EDTRCIRogers Communications sees FY16 operating revenue up 1%-3%
Rogers Communications said: "We expect steady growth in operating revenue and adjusted operating profit and lower additions to property, plant and equipment to drive higher free cash flow. We expect to have the financial flexibility to maintain our network advantages, to begin reducing debt, and to continue to return cash to shareholders." Sees FY16 capex C$2.3B-C$2.4B and free cash flow up 1%-3%.
06:55 EDTRCIRogers Communications reports Q4 adjusted EPS C$0.64, consensus C$0.69
Reports Q4 revenue C$3.45B, consensus C$3.48B. "Overall, we delivered steady results in a fiercely competitive quarter, including strong results in Wireless and Internet, where we maintained momentum in subscriber and financial metrics. We continued to make strong progress on postpaid churn thanks to the success of our customer propositions and customer experience improvements. Whilst we are making good progress, we aren't resting on our laurels, and we recognize there is more work to do. We delivered on our full-year guidance and our strategy continues to gain traction in the market. We enter 2016 with an outlook of continued growth and remain focused on delivering year two of Rogers 3.0," said Guy Laurence, President and CEO, Rogers Communications.
January 25, 2016
16:40 EDTRCIRogers Communications to cut 200 jobs from media division, Bloomberg says
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