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In something of a rebound week for the market, Communications stocks led the broader market higher along with consumer and tech names, while energy and utilities took the losses in post-holiday trading. The Communication Services Select Sector SPDR Fund ( XLC ) rose 3.5% ove...
Shaw Communications ( NYSE: SJR ) fell 3% after the telecom operator and Rogers Communications ( NYSE: RCI ) failed to reached an agreement with Canadian antitrust officials after two days of mediation about the proposed takeover. Rogers dropped 2.3%. Rogers ...
TORONTO and CALGARY, Alberta, July 06, 2022 (GLOBE NEWSWIRE) -- The early mediation between Rogers Communications Inc. (“Rogers”), Shaw Communications Inc. (“Shaw”), and the Commissioner of Competition on July 4 and July 5, 2022, did not result in a resolution of...
Passive income is up a solid +7% YOY. I've continued to selectively reinvest dividends as the market has pulled back. I am presently balancing some large life events with a desire to continue investing opportunistically. My Background Each investor faces a differ...
It's not clear whether the economy is headed for recession - or if it's already entered one - but the mood in the Communication Services sector is marked by lowered expectations for the second half of 2022, after what seemed like a nascent recovery from pandemic disruptions ran headlong...
Why traditional telcos are back in favour amongst many investors? How a post-covid world is impacting high-growth tech stocks? Investors are searching for defense stocks, and that's changing the investing landscape. Many of the biggest names in tech have tumbled ...
There’s always a merger arb spread blowing up somewhere. The key is to wait patiently for a spread to get really wide. Here’s one that blew out and is still good today. Merger arbitrage I don't like taking bets that require a high level of certainty...
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...
U.S. stock futures rose on Monday morning following a major rebound last week from this year's steep declines. Despite the bounce, Wall Street is preparing to wrap up the worst first half for stocks in decades. Futures for the Dow Jones Industrials were hoisted 106 points, or 0.3%, ...
TORONTO, June 24, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. plans to release its second quarter 2022 financial results on Wednesday, July 27, 2022, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com ...
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More Canadians continue to choose Rogers Wireless and Internet than any other carrier in Canada Rogers' combined mobile phone and Internet net additions of 188,000 in Q2 and 275,000 for the year to date Q2 postpaid mobile phone net additions of 112,000; prepaid net additions of 50,0...
TORONTO, July 04, 2024 (GLOBE NEWSWIRE) -- Rogers Communications announced today that it has been named the fastest and most reliable internet in Canada by Opensignal, the global leader in independent network benchmarking. The report finds that Rogers consistently delivers the most reliable e...
A look at the top 10 most actives in Canada Toronto-Dominion Bank (The) (TD) rose 0.6% to $75.64 on volume of 22,956,151 shares TC Energy Corporation (TRP) fell 0.5% to $51.6 on volume of 18,112,916 shares Bank of Nova Scotia (The) (BNS) rose 0.0% to $62.61 on volume of 14,462,493 shares ...