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Headline News

PRESS DIGEST- Canada- Feb 16

2018-02-16 reuters
Feb 16 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. (8-0)

3,300 Shaw employees accept voluntary buyouts

2018-02-15 cbc.ca
Shaw Communications says 3,300 of its employees have decided to take a voluntary buyout package — far above the company's original estimate of about 650. (4-0)

BRIEF-Shaw Communications Says 3,300 Employees Elected To Participate In A Voluntary Departure Program

2018-02-15 reuters
* SHAW COMMUNICATIONS - ABOUT 3,300 EMPLOYEES ELECTED TO PARTICIPATE IN A VOLUNTARY DEPARTURE PROGRAM , WHICH REPRESENTS 25% OF CO‘S TOTAL WORKFORCE (4-0)

3,300 Shaw employees accept buyouts. That’s one-quarter of the company’s workforce

2018-02-15 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (4-0)

BCE (BCE) Surpasses Q1 Earnings, Lags Revenue Estimates

2018-02-09 zacks
Leading Canadian telecom operator, BCE Inc. (BCE - Free Report) reported mixed financial results in the fourth quarter of 2017. The top line failed to meet the Zacks Consensus while the bottom line surpassed the same. Quarterly net income was approximately $453 million, down 11.9% year over year. However, GAAP earnings per share were 51 cents, down 14.7% year over year. However, adjusted net income per ADS (American Depository Share) came in at 60 cents, a penny higher than the Zacks Consensus Estimate. (23-0)

TELUS (TU) Lags Q4 Earnings Estimates, Issues '18 Outlook

2018-02-09 zacks
TELUS Corp. (TU - Free Report) reported mixed results in fourth-quarter 2017, with the bottom line missing the Zacks Consensus Estimate and the top line beating the same. (23-0)

Why BCE Inc. (BCE) is Set to Beat Estimates in Q4 Earnings

2018-02-07 zacks
BCE Inc. (BCE - Free Report) is scheduled to release fourth-quarter 2017 results before the opening bell on Feb 8. The company’s bottom line met the Zacks Consensus Estimate in two of the previous four quarters, while it missed on the other two, with an average miss of 0.09%. Let’s see how things are shaping up prior to this announcement. Why a Likely Positive Surprise? Our proven model shows that BCE is likely to beat estimates because it has the right combination of the two key elements. (37-0)

What's in Store for TELUS Corp. (TU) This Earnings Season?

2018-02-07 zacks
TELUS Corp. (TU - Free Report) is scheduled to release fourth-quarter 2017 results, before the opening bell on Feb 8. The company’s bottom line met the Zacks Consensus Estimate in only one of the previous four quarters, the average miss being 4.04%. Let’s see how things are shaping up prior to this announcement. Factors at Play TELUS faces fierce wireless competition in Canada from large incumbents like Rogers Communications Inc. (38-0)

Canada's Shaw offers voluntary buyouts to 6,500 employees

2018-01-30 reuters
(Reuters) - Canada’s Shaw Communications Inc will offer about 6,500 of its employees voluntary departure packages, the wireless service provider said on Tuesday, as it seeks to cut costs. (23-0)

Shaw Communications launches voluntary buyout program

2018-01-30 thestar
This copy is for your personal non-commercial use only. To order presentation-ready copies of Toronto Star content for distribution to colleagues, clients or customers, or inquire about permissions/licensing, please go to: www.TorontoStarReprints.com (5-0)

Shaw offers buyout packages to 6,500 employees as it looks to reduce customer service staff

2018-01-30 cbc.ca
Shaw Communications has announced a massive staff-reduction program that asks some 6,500 employees to consider taking voluntary buyouts as the company reduces the size of its customer service staff. (4-0)

Rogers Communications (RCI) Q4 Earnings Beat, Revenues Miss

2018-01-25 zacks
Rogers Communications Inc. (RCI - Free Report) reported mixed financial results for the fourth quarter of 2017, with the bottom line beating the Zacks Consensus Estimate and the top line missing the same. (24-0)

Will Rogers Communications (RCI) Disappoint in Q4 Earnings?

2018-01-23 zacks
Rogers Communications Inc. (RCI - Free Report) is scheduled to release fourth-quarter 2017 results, before the opening bell on Jan 25. The company’s bottom line met the Zacks Consensus Estimate in two of the previous four quarters. Earnings lagged the Zacks Consensus Estimate in the remaining two quarters, with an average beat of 6.04%. Let’s see how things are shaping up prior to this announcement. (29-0)

Will Quebecor Continue Its Impressive Run In 2018?

2018-01-19 seekingalpha
The company continues to trade at a discount to its peers despite its competitive advantage in Quebec. (5-0)