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Stock Market & Financial Investment News

News Breaks
February 12, 2014
06:56 EDTRCIRogers Communications authorizes repurchase of up to $500M of stock
Subject to acceptance by the TSX, the TSX notice will provide that Rogers may, during the twelve month period commencing February 25, 2014 and ending February 24, 2015, purchase on the TSX, the NYSE and/or alternative trading systems the lesser of 35,780,234 Class B shares, representing approximately 10% of the public float of the Class B shares, and that number of Class B shares that can be purchased under the NCIB for an aggregate purchase price of $500M. The actual number of Class B shares purchased, if any, and the timing of such purchases will be determined by Rogers, considering market conditions, stock prices, its cash position, and other factors.
News For RCI From The Last 14 Days
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January 29, 2015
07:02 EDTRCIRogers Communications raises annualized dividend by 5% to C$1.92 per share
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07:00 EDTRCIRogers Communications sees FY15 adjusted operating profit C$5.02B-C$4.18B
06:59 EDTRCIRogers Communications reports Q4 adjusted EPS C$0.69 vs. C$0.69 last year
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06:59 EDTRCIRogers Communications board increases annual diviend by 5% to $1.92
Rogers Communications announced that its board has approved a 5% increase to the annualized dividend rate from $1.83 to $1.92 per Class A Voting and Class B Non-Voting share. Effective immediately, the new quarterly dividend rate will be 48c per share. This quarterly dividend will be paid on April 1, 2015 to shareholders of record on March 13, 2015.
06:58 EDTRCIRogers Communications Activated 836,000 wireless smartphones in Q4
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06:56 EDTRCIRogers Communications reports Q4 adjusted EPS 69c, consensus 66c
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January 26, 2015
10:00 EDTRCIOn The Fly: Analyst Downgrade Summary
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07:47 EDTRCIRogers Communications downgraded to Hold from Buy at Canaccord
Canaccord downgraded Rogers Communication to Hold from Buy due to valuation, churn issues, and weak cable business. Price target raised to C$48 from C$46.

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