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0.000453309156844878 0.000453309156844878 0.000453309156844878 0.00113327289211236 -0.00249320036264731 -0.00226654578422487 -0.00249320036264731 -0.00407978241160471
Stock impact report

Stock market news for investors: Rogers hopes sports deals will boost share price, National Bank buys PGM Global Holdings [MoneySense]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
Company Research Source: MoneySense
believes its sports portfolio is now “unrivalled in Canada” and among the “best in the world,” said president and CEO Tony Staffieri on Wednesday, but he acknowledged that value isn’t reflected in its share price.“Our priority is to change this,” Staffieri said in his prepared remarks to analysts on ’ first-quarter earnings call.“Sports assets continue to appreciate significantly in value and that’s why investors remain very interested in holding a minority position in these appreciating assets.”For now, he said the company is focused on closing its $4.7-billion deal with BCE Inc., the owner of rival telecom company Bell Canada, to acquire its 37.5% stake in the conglomerate that owns the NHL’s Toronto Maple Leafs, NBA’s Raptors, CFL’s Argonauts, MLS’ Toronto FC and AHL’s Marlies.The deal “keeps iconic Canadian teams in Canadian hands,” said the company’s executive chair Edward on Wednesday during its annual general meeting, where he emphasized the telecom’s Canadian roots and local Show less Read more
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