Tue, 21-Oct-2025

Rogers, Shaw shares fall as outage raises uncertainty over C$20 bln deal

Rogers

Rogers suffered an unprecedented outage on Friday. Affected nearly every facet of daily life in Canada. Shaw dropped 4.3% to C$34.67.  Canadian share index ended down 1.2%. Rogers has offered C$40 per Shaw share. Canada’s Competition Ministry is meeting with Rogers. Rogers Communications Inc (RCIb.TO) and takeover target Shaw Communications (SJRb.TO) fell on Monday as … Read more

Netflix shares dive more than 35% on lost subscribers

Netflix shares plunged more than 35 percent early Wednesday following disappointing consequences, whilst the Dow pushed higher in a mixed open for US stocks. The streaming giant caught Wall Street off protecting for the second quarter in a row, reporting a drop in subscribers for the first time in a decade. The enterprise blamed the … Read more