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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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May 14, 2013
17:12 EDTROGRogers Corp implements further cost improvement initiatives
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17:10 EDTROGRogers Corp lowers Q2 GAAP EPS view to 32c-43c from 45-56c
The company added the net sales and non-GAAP income guidance provided on April 30, is still appropriate at this time. In April the company guided for non-GAAP EPS of 47c-58c. consensus is 54c. The company still sees Q2 net sales $129M -$134M, consensus $132.45M.

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