|Bid||57.53 x 0|
|Ask||57.54 x 0|
|Day's Range||57.22 - 57.78|
|52 Week Range||50.72 - 57.78|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||18.56|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||3.17 (5.54%)|
|1y Target Est||59.28|
With Open Text Corp (TSX:OTEX)(NASDAQ:OTEX) representing the best of Canadian tech, how do two other representative stocks compete for a place in your portfolio?
Bank of Nova Scotia (TSX:BNS) (NYSE:BNS) and BCE (TSX:BCE) (NYSE:BCE) are two of Canada' top companies. Is one more attractive fro your RRSP right now?
Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) and BCE Inc. (TSX:BCE)(NYSE:BCE) go head to head on their vital stats.
Markets have seen a flight to quality so far in 2019. That's helped to lift the returns of several high-quality dividend stocks, including Royal Bank of Canada (TSX:RY)(NYSE:RY) and two others.
Here's why Canadian Natural Resources Ltd (TSX:CNQ)(NYSE:CNQ) and two other top Canadian companies might be attractive picks right now for a dividend-focused RRSP portfolio.
TORONTO — TekSavvy Solutions Inc. lodged a complaint with the CRTC on Wednesday, saying that critical statistical information compiled by the federal telecommunications regulator was omitted from last year's edition of an annual industry report.The Ontario-based independent internet provider (ISP) said that the CRTC's omission of the information makes it more difficult for companies like TekSavvy as they compete with industry giants, particularly Bell Canada.A spokeswoman for the Canadian Radio-television and Telecommunications Commission said it's reviewing TekSavvy's complaint.TekSavvy said the 2018 Communications Monitoring Report issued Dec. 20 didn't follow the CRTC's usual practices for reporting things like consumer appetite for faster internet, capital spending by independent ISPs and their market share. Industry data normally available in December would have helped independent ISPs make their case at CRTC hearings in December and January, said Andy Kaplan-Myrth, TekSavvy's vice-president for regulatory affairs.The lack of certain types of information at a critical time "definitely raises questions and concerns" Kaplan-Myrth said in an interview, but he declined to speculate on the reason for its omission.Instead, Kaplan-Myrth said he hopes to get an explanation from the CRTC that addresses these concerns without escalating the complaint to the minister responsible for telecommunications, Navdeep Bains."But I'm sure the minister's office is aware of the letter as well and may have questions of their own," Kaplan-Myrth said.TekSavvy and its peers have been trying for years to get the CRTC to make it easier for wholesale internet resellers like them to offer higher-speed internet service to their customers, who are also potential customers of the big players.Previous CRTC decisions have effectively allowed Bell Canada and other major phone companies to limit their wholesale customers, like TekSavvy, from offering residential internet services above 50 megabits per second. A landmark CRTC decision in 2015 set the stage for creating a new regulatory and pricing regime for independent ISPs that depend on renting network infrastructure from phone and cable companies.Bell Canada and other major carriers are building out residential fibre networks capable of 1,000 megabits per second or more (1 to 1.5 gigabits per second) but independent ISPs complain CRTC regulations are lagging behind the times. As a result, the independent ISPs are faced with either paying uneconomically high wholesale rates to access fibre optic infrastructure or continue being limited to speeds of 50 mbps over DSL lines or 100 mbps over coaxial lines."So we're effectively capped at 50 (mbps) until Bell either allows us to have access to the fibre, which they could do, or the CRTC finalizes this framework and mandates that they give access to the fibre," Kaplan-Myrth said.In the meantime, the Canadian Network Operators Consortium — which represents independent ISPs including TekSavvy — has asked for interim relief through a CRTC process that was unfolding when the industry report was issued.TekSavvy's letter to the CRTC cites an extensive list of information that it claims had been collected, and available through archived raw data sets, but not included in the 2018 published report for some reason.For example, TekSavvy said it discovered by examining the raw data that 25.8 per cent of residential retail subscribers had services with advertised speeds of 100 mbps or higher in 2017 — above the CRTC's DSL speed cap of 50 mbps.It also alleges that the 2018 report omitted all data and analysis concerning resellers’ wireline revenue market share, resellers’ capital investments and resellers' total share of communications revenues.In addition, TekSavvy alleges that nearly 17 pages of data and analysis on the wholesale telecommunications sector were excluded from the published report — removing 95 per cent of the data and analysis included in the 2017 report. Companies in this story: (TSX:BCE)David Paddon, The Canadian PressNote to readers: This is a corrected story. An earlier version referred to internet speeds of 50,000 megabits per second, instead of 50 megabits per second.
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The Montreal-based telecommunication company’s C$500 million ($376 million) of 4.45 percent bonds maturing in 2047 have gained 6.4 cents to 100.8 Canadian dollars in 2019, pushing returns to 7.7 percent so far this year. "There’s a flight to higher quality names and BCE has been pretty much the most consistent name in the sector," BMO analyst Joanne Chen said from Toronto.
MONTRÉAL, Feb. 11, 2019 /CNW Telbec/ - Bell is deeply saddened by the death of the Honourable Michael Wilson, PC CC at the age of 81. A role model for leaders in Canadian business, politics and the community, Mr. Wilson was a pioneering champion for mental health and a close partner in the Bell Let's Talk initiative. Embracing the mental health cause like no leader before him, Mr. Wilson was an early inspiration and advisor in the development of Bell Let's Talk.
Top income-yielding stocks like Hydro One Ltd (TSX:H) and BCE Inc. (TSX:BCE)(NYSE:BCE) are back in favour in early 2019.
Here's why Fortis (TSX:FTS) (NYSE:FTS) and another two top Canadian dividend-growth stocks should be on your TFSA income radar right now.
TORONTO — The CEO of Canada's largest telecommunications and media group said Thursday that a government ban on Huawei network equipment wouldn't delay the company's plans for rolling out fifth-generation wireless services.BCE chief executive George Cope told analysts on a conference call that the company "clearly recognizes the issues at play" in regards to Huawei Technologies Inc. and is prepared to manage the situation as it unfolds.Huawei, a global telecom equipment supplier based in Shenzhen, China, has been accused of being a potential risk to national security because of a Chinese law that requires companies to co-operate with intelligence gathering if asked.Huawei has responded that it hasn't been asked by China to subvert security on customer equipment — and said it wouldn't comply because such a betrayal of customers could destroy the company.Canada's government continues to weigh a ban on Huawei equipment from Canada's fifth-generation networks, which pose different security risks from 4G and 3G networks.Cope, who is CEO of both BCE and Bell Canada, told analysts during a regular quarterly conference call that the company is "quite comfortable" that it can manage all the potential developments. He added that the outcome of the decision won't "in any way impact our timing in the market for 5G."Bell, Telus, Rogers and Shaw — as well as networks around the world — have been investing billions to upgrade their networks for fifth-generation capability, which is expected to transform the industry over the next decade.Bell and Telus have been using some Huawei equipment in 5G network trials, but other possible suppliers include Ericsson and Nokia. Rogers is working with Ericsson while Shaw has been working with Nokia.Prior to the conference call, BCE announced that it had 143,000 net subscriber additions in the fourth quarter, including 21,000 net additions to the Lucky Mobile pre-paid service that was launched in late 2017.The subscriber additions were below a consensus estimate that projected 160,000 net additions to its mobile services, including 136,000 postpaid and 24,000 pre-paid.However, BCE chief financial officer Glen LeBlanc told analysts that the wireless segment performed well in terms of subscriber profitability and cash generation.Wireless revenue grew 4.6 per cent from last year, driven by a larger subscriber base, a higher proportion of customers choosing larger data plans as well as increased sales of more expensive smart phones, LeBlanc said.Overall revenue for the Montreal-based company rose three per cent to $6.22 billion from $6.04 billion, ahead of analyst estimates of $6.17 billion, according to Thomson Reuters Eikon.On an adjusted basis, the company earned 89 cents per share, up from 82 cents per share a year ago. Analysts had estimated 86 cents per share of adjusted earnings.However, BCE's overall net profit was down eight per cent compared with the fourth quarter of 2017, due to higher expenses that are excluded from adjusted earnings.Those expenses included a $190-million non-cash asset impairment charge related mainly to Bell Media's French-language specialty TV properties, which have experienced a declining subscriber base.BCE also announced a five per cent increase in its common share dividend, which will rise to $3.17 per year or 79.25 cents per quarter. Companies in this story: (TSX:BCE)David Paddon, The Canadian Press
"We clearly recognize the issues at play, and we’ll manage those appropriately going forward and of course, follow the law," Chief Executive Officer George Cope told investors during the company’s fourth-quarter earnings call Thursday. The comments Thursday are the most wide-ranging from BCE since a feud erupted between China and Canada, with Huawei at the center. Canadian Prime Minister Justin Trudeau is currently weighing a ban on using Huawei gear in 5G networks and his government’s security review is ongoing, with no timeline set for a decision.
Canada's BCE Inc reported a 7.6 percent fall in quarterly profit on Thursday, hit by higher expenses and severance related payouts. Montreal-based BCE's net income attributable to shareholders fell to ...
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Concerning Forward-Looking Statements" ...
Bell Canada and IBM Canada Ltd. are teaming up with the Toronto-area city of Markham, Ont., to test a new generation of systems for monitoring city infrastructure and detecting problems such as storm flooding. The six-month research program that starts in April will combine Bell's broadband networks, IBM data analytics and data from sensors placed in various parts of the city of 355,000 residents, northeast of Toronto. Similar trials and evaluations are being conducted across Canada and around the world, as an array of vendors promote the potential benefits of using the "smart city" concept to manage costs and improve services.
Rogers Communications Inc. (TSX:RCI.B)(NYSE:RCI) and BCE Inc. (TSX:BCE)(NYSE:BCE) are two top telecom stocks offering appealing returns. Let's find out which one is a better buy.
MARKHAM, ON, Feb. 6, 2019 /CNW Telbec/ - The City of Markham today announced the launch of the Smart City Accelerator Research Program, a new partnership with Bell. The program will deploy Bell's Smart City platform, an advanced solution of interconnected Internet of Things (IoT) applications, to improve the efficiency of municipal operations and enhance City services for residents. Through its Digital Markham strategy, Markham aims to create a "frictionless city" through innovation and adoption of emerging technologies that will enhance the customer experience and improve the overall quality of life for Markham residents.
Great companies like Canadian National Railway (TSX:CNR)(NYSE:CNI) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) make up the foundation of winning portfolios.