SJR News and Press, Shaw Communications Inc. From 06/30/22

Shaw Communications press release ( NYSE: SJR ): Q3 GAAP EPS of $0.41 beats by $0.11 . Revenue of $1.35B (-2.2% Y/Y) beats by $290M . Third quarter consolidated financial results include adjusted EBITDA of $644 million along with year-to-date free cash flo...

Third quarter consolidated financial results include adjusted EBITDA 1 of $644 million along with year-to-date free cash flow 1 of $670 million The Company remains focused on balancing growth and profitability while investing in our networks and deliverin...

CALGARY, Alberta, June 30, 2022 (GLOBE NEWSWIRE) -- Shaw Business today announced the launch of Fibre+ Gig 2.0, a two gigabit-per-second (Gbps) internet tier that gives businesses of all sizes across Western Canada access to the speed and bandwidth they need to connect their data-heavy appl...

Equity markets have been plummeting since the start of this year, as red-hot inflation forced central banks around the world to raise benchmark interest rates. The Canadian S&P/TSX 60 Composite Index entered correction territory with a 10.18% decline year to date. This comes aft...

Zendesk to be acquired by an investor group led by investment firms Permira and Hellman & Friedman in an all-cash transaction valued at approximately $10.2 billion. The price that Zendesk finally settled for was 40% below the midpoint of the original offer made by the same group o...

As the second quarter comes to a close, footwear and sports apparel giant Nike (NKE) leads next week’s slate of earnings releases. Semiconductor maker Micron Technology (MU) also makes the list of bellwether companies announcing their results, along with a pair of household names in th...

Rogers Communications (NYSE:RCI) stock rose 4% Tuesday after Canaccord Genuity upgraded it to Buy from Hold but trimmed its price target to C$69 from C$71. This followed Shaw Communications' (SJR) sale of Freedom Mobile to Quebecor (OTCPK:QBCRF) at an enterprise value of C$2.85B.  Canacc...

Shaw Communications (NYSE:SJR) is up 8% after the analysts at Canaccord Genuity Group upgraded the stock to Buy from Hold rating in a research note issued on Tuesday. The recent media reports disclosed Canada's antitrust agency wants to speed up its suit attempting to block Rogers C...

Rogers Communications (TSX:RCI.B) (NYSE:RCI) came to an agreement with Quebecor (TSX:QBR.B) to sell wireless carrier Freedom Mobile to the company for $2.85 billion on June 17. The deal is part of Rogers’s move to get to the finish line of securing Shaw Communications ...

After rejecting two prior offers from Prologis, Duke Realty entered into a definitive agreement to be acquired by Prologis in an all-stock deal valued at $26 billion. Continental Resources received a non-binding proposal from its founder, Harold Hamm, to acquire all outstanding shares...