New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
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
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use