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Stock Market & Financial Investment News

News Breaks
January 15, 2013
09:41 EDTSJR, ROGShaw asset sale raises speculation of bid for Corus, Globe and Mail says
Following Shaw Communications' (SJR) deal to sell certain assets, including wireless spectrum rights, to Rogers Communications (ROG), analysts say Shaw may make a bid to purchase the remaining stake in Corus Entertainment it does not already control, according to The Globe and Mail. Reference Link
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April 14, 2014
17:27 EDTSJRShaw Communications changes structure of its operating units
Shaw Communications announced changes to the structure of its operating units that will improve overall efficiency while enhancing its ability to grow as the leading content and network experience company. "The roles and structure we established years ago to support us as a cable company can no longer support our growth," said Brad Shaw, CEO, Shaw Communications. "We are eliminating duplication of work and organizing our activities and operations in a way that best meets the needs of our customers and viewers...Operation of Shaw's residential cable, satellite, Internet and home phone services will be consolidated into a new Consumer business unit. Shaw's enterprise services - including cable, telephony, satellite, and tracking - will be integrated into a new Business unit. Shaw's Media business will continue to be managed as a standalone unit. Shaw also announced it has combined its engineering and IT functions into a single Technology and Network Operations, TNO, team. Approximately 400 management and non-customer facing roles will be affected by the organizational changes. To support the new structure, Shaw will be hiring upwards of 100 people and investing resources in specific areas, including procurement, supply chain, marketing, pricing, network architecture, and next generation products.
April 10, 2014
08:12 EDTSJRShaw Communications backs FY14 guidance
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08:08 EDTSJRShaw Communications reports Q2 EPS C$0.46, consensus C$0.41
Reports Q2 revenue C$1.27B, consensus C$1.29B.

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