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BCE (BCE) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2024-08-01 13:15
BCE (BCE) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.39%. A quarter ago, it was expected that this Canada's largest telecommunications company would post earnings of $0.53 per share when it actually produced earnings of $0.53, delivering no surprise.Over the last four quarters ...
BCE Augments Cloud Portfolio With Two Opportune Buyouts
ZACKS· 2024-07-10 15:00
BCE Inc. (BCE) has made a transformative shift from being a traditional telecommunications provider to a technology service provider by acquiring CloudKettle, an innovative cloud solutions provider, and Stratejm — a leading cybersecurity solutions provider.Bell offers Canada's highly regulated and targeted network security services for clients like governments and banks. Their cost-effective and fully managed solution combines expertise and leading technology to detect and respond to sophisticated attacks p ...
BCE Alerts Shareholders About TRC Capital's Mini-Tender Offer
ZACKS· 2024-07-02 15:16
BCE Inc (BCE) recently announced that it has received notice of an unsolicited mini-tender offer from TRC Capital Investment Corporation (TRC Capital) to buy up to 2,500,000 BCE common shares, representing roughly 0.3% of the company's outstanding shares.The offer price of C$43.40 per share is significantly below the current market price, suggesting a discount of around 4.43% and 4.44% to the closing prices on the Toronto Stock Exchange and the New York Stock Exchange, respectively, on Jun 24, 2024 — the la ...
Beanfield appoints Rizwan Jamal as its new Chief Executive Officer
Newsfilter· 2024-07-02 12:30
TORONTO, July 02, 2024 (GLOBE NEWSWIRE) -- Beanfield, a local and independent telecom in Toronto, Montreal, Vancouver and Ottawa, with over 450 employees, has appointed Rizwan Jamal as its Chief Executive Officer effective immediately. David Pistachio, Chair of Beanfield's Board, said, "We are thrilled to have a telecom leader of Rizwan's experience join the Beanfield team. Our belief in this company and its bright future continues to grow. We are confident that Rizwan's vision and track record is exactly w ...
Beanfield appoints Rizwan Jamal as its new Chief Executive Officer
GlobeNewswire News Room· 2024-07-02 12:30
TORONTO, July 02, 2024 (GLOBE NEWSWIRE) -- Beanfield, a local and independent telecom in Toronto, Montreal, Vancouver and Ottawa, with over 450 employees, has appointed Rizwan Jamal as its Chief Executive Officer effective immediately. David Pistachio, Chair of Beanfield’s Board, said, “We are thrilled to have a telecom leader of Rizwan’s experience join the Beanfield team. Our belief in this company and its bright future continues to grow. We are confident that Rizwan’s vision and track record is exactly w ...
2 Terrific 7-9% Yielding Gems For A Choppy Market
Seeking Alpha· 2024-07-01 15:00
Vivek Vishwakarma A great way to reduce risk in one’s portfolio is to own a basket of stocks. While it’s easy to simply buy a lot of stocks, one must also consider valuation risk. For example, a portfolio may have 20+ or so stocks, but if all of them are overvalued tech and growth stocks, then a sector downturn would have a broadly negative effect over the portfolio. That’s why I prefer to have a good mix of value stocks that pay dividends in various industries. That’s because no matter how sure one is ...
BCE recommends shareholders reject TRC Capital's below-market "mini-tender offer"
Prnewswire· 2024-07-01 11:00
MONTRÉAL, July 1, 2024 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) has received notice of an unsolicited mini-tender offer made by TRC Capital Investment Corporation (TRC Capital) to purchase up to 2,500,000 BCE common shares, or approximately 0.3% of the company's outstanding common shares, at a below-market price of C$43.40 per share. BCE does not endorse this unsolicited offer, has no association with TRC Capital or its offer, and recommends that shareholders do not tender their shares to this unsolic ...
BCE Q2 2024 results to be announced August 1
Prnewswire· 2024-06-27 11:00
MONTRÉAL, June 27, 2024 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) will hold its second-quarter 2024 results conference call with the financial community on Thursday, August 1, 2024 at 8:00 am eastern. Participants will include Mirko Bibic, President and Chief Executive Officer, and Curtis Millen, Chief Financial Officer. Media are welcome to participate on a listen-only basis. To participate, please dial toll-free 1-844-933-2401 or 647-724-5455. A replay will be available until midnight on September 1, ...
BCE's Bell Media Acquires OUTFRONT's Canada-Based Business
ZACKS· 2024-06-11 13:45
BCE Inc’s (BCE) subsidiary Bell Media recently announced the closure of a deal to buy OUTFRONT Media Inc.’s (OUT) Canada-based business for C$410 million in cash, with adjustments to the purchase price as necessary.New York-based OUT is a renowned player in the out-of-home advertising landscape. Using billboard and transit displays, the company provides advertising structures and sites to diverse industries across the 25 largest markets in the United States and 150 markets in the United States and Canada.Th ...
BCE Subsidiary Bell Media Partners TikTok for Pulse Premiere
ZACKS· 2024-06-10 13:26
BCE Inc’s (BCE) subsidiary Bell Media recently collaborated with TikTok to unveil Pulse Premiere in Canada.This innovative advertising solution empowers brands with the ability to exercise control and predictability in selecting the placement of their ads, ensuring they appear alongside preferred publisher partner content on TikTok's “For You feed”, thereby unleashing opportunistic scopes to engage with dynamic audiences and enhance brand exposure.Advertisements will be strategically placed next to trending ...