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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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July 24, 2014
06:59 EDTRCIRogers Communications activated 588,000 smartphones in Q2
31% of activations were new subscribers, with higher-value smartphone customers growing to 76% of Wireless postpaid subscribers.
06:58 EDTRCIRogers Communications reports Q2 adjusted EPS 84c, consensus 84c
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July 16, 2014
10:00 EDTRCIOn The Fly: Analyst Upgrade Summary
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06:40 EDTRCIRogers Communications upgraded to Hold from Sell at Canaccord
Canaccord upgraded Rogers Communications to Hold based on valuation.

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