01/06/2006 13:37:56|S2|BKMP|FCDH|Blackout Media Corp. Common Stock (WY)|First Canadian American Holding Corporation New Common Stock (WY)|01/09/2006|**|||u
As listed on otcbb dot com.
-------------------- Fred [IMG]http://renegade.iconlabs.net/images/tek.gif[/IMG] Posts: 1097 | Registered: Jun 2005
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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4721 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
Rogers Communications Inc. broadcasts The Fight Network.
Thu Jan 5, 2:56 PM ET
OTTAWA (Reuters) - Rogers Communications Inc., Canada's biggest mobile phone and cable TV company, will likely release positive preliminary subscriber results for the fourth quarter within days, an analyst said on Thursday.
In keeping with its tradition of recent years, Rogers is expected to release quarterly operating results in the coming days, said RBC Capital Markets analyst Jonathan Allen.
"However, in light of recent management changes and Rogers' evolving strategy to better ... control costs and improve cable results, we believe preliminary 2006 guidance will be provided later, likely in conjunction with full fourth-quarter 2005 financial results in February," Allen wrote in a note.
The analyst forecast net wireless subscriber additions of 235,000 in the fourth quarter, up 15 percent from 204,000 in the year-before quarter and above the consensus estimate of above 215,000, the report noted.
"Cable operating results should be encouraging," the analyst added. Citing the company's focus on digital video, Allen expects 85,000 digital cable subscriber additions, versus the consensus estimate of 70,000, and 48,000 added in the same period last year.
The analyst expects 50,000 net Internet subscriber additions in the quarter, consistent with consensus.
Profit margins in the cable and wireless units are expected to come under pressure due to higher subscriber acquisition costs, Allen wrote. Cable margins will be further squeezed by phone-service launch costs, he added.
"Our positive investment thesis of RCI shares remains unchanged ... and would be further strengthened by positive fourth-quarter 2005 subscriber results," he added. Allen rates the stock a "top pick" with a C$60 target.
Rogers shares touched a new 52-week high of C$52.07 on Thursday before edging back to C$51.13, a gain of 18 Canadian cents, on the Toronto Stock Exchange.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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