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– All Pattison Media radio stations can now be streamed on iHeart.com and the iHeartRadio Canada app –
– iHeartRadio Canada continues to provide extensive options for listeners, with thousands of radio stations, playlists, and podcasts –
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TORONTO , Nov. 20, 2024 /CNW/ - Bell Media's iHeartRadio Canada and Pattison Media announced today that Pattison Media's 51 radio stations are now available on the iHeartRadio Canada platform. The new partnership sees even more of Canada's popular radio stations join iHeartRadio Canada's extensive library, which includes music channels, radio stations, and hundreds of thousands of podcasts, playlists, and on demand content.
TORONTO, Nov. 20, 2024 /CNW/ - Bell and MLSE Foundation, the charitable arm of the Toronto Raptors, have teamed up again for year two of the Bell Inbound Assist program, a Bell for Better initiative that highlights the positive role basketball can play in helping newcomers feel at home in Canada. This year, Bell Inbound Assist will award three organizations supporting newcomers through sport with recognition and a $30,000 grant to continue or expand the work they do within their communities.
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" later in this release.
MONTRÉAL, Nov. 18, 2024 /CNW/ - BCE Inc. (TSX: BCE) (NYSE: BCE) announced today that it has implemented the previously announced amendments to its Shareholder Dividend Reinvestment and Stock Purchase Plan (the "DRP") to permit, at the BCE Board's discretion, for the issuance of new common shares from treasury at a discount to the volume weighted average trading price of the common shares for the five trading days immediately preceding the applicable dividend payment date (the "Average Market Price").
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" later in this release.
MONTRÉAL, Nov. 18, 2024 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) announced today that it has implemented the previously announced amendments to its Shareholder Dividend Reinvestment and Stock Purchase Plan (the "DRP") to permit, at the BCE Board's discretion, for the issuance of new common shares from treasury at a discount to the volume weighted average trading price of the common shares for the five trading days immediately preceding the applicable dividend payment date (the "Average Market Price").
MONTRÉAL, Nov. 14, 2024 /CNW/ - According to a new Bell study released today, about 60 per cent of Canadian businesses that have adopted AI have limited to no AI governance strategy in place to guide deployment, risks and expected value. While more professionals are leveraging AI at work, there is a growing need for Canadian businesses to have strategic support to maximize the benefits and manage risks.
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" later in this news release.
MONTRÉAL, Nov. 7, 2024 /CNW/ - BCE Inc. (BCE) today announced that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by BCE of its intention to renew its normal course issuer bid ("NCIB") to purchase up to 10% of the public float of each series of BCE's outstanding First Preferred Shares that are listed on the TSX (the "Preferred Shares"). The period of the NCIB will extend from November 11, 2024 to November 10, 2025, or an earlier date should BCE complete its purchases under the NCIB. BCE will pay the prevailing market price at the time of acquisition for any Preferred Shares purchased plus brokerage fees payable by BCE (except with respect to purchases made under an issuer bid exemption order, which will be at a discount to the prevailing market price), and all Preferred Shares acquired by BCE under the NCIB will be cancelled.
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Regarding Forward-Looking Statements" later in this news release. The information contained in this news release is unaudited.
Consolidated adjusted EBITDA1 growth of 2.1% in Q3 2024 compared to Q3 2023 delivering 1.7 percentage-point increase in adjusted EBITDA margin2 to 45.6% – highest quarterly margin in more than three decadesNet loss of $1,191 million with net loss attributable to common shareholders of $1,237 million, or $1.36 per common share attributable to approximately $2.1 billion in non-cash media asset impairment charges; adjusted net earnings1 of $688 million yielded adjusted EPS1 of $0.75, down 7.4%Free cash flow1 increased 10.3% to $832 million; cash flows from operating activities down 6.1% to $1,842 million158,412 total mobile phone and connected device net activations3, including highest quarterly prepaid net activations in five years of 69,085, up 187% 42,415 total retail Internet net subscriber activations3 contributed to 5% Internet revenue growth – best quarterly growth rate since Q2 2023 Bell Media revenue up 10.1% with 25.1% adjusted EBITDA growth; digital revenue4 up 19% as digital platforms and advertising technology continue to drive strong growth Updating 2024 revenue guidance to reflect lower-than-anticipated product revenue and sustained competitive wireless pricing pressures; all other financial guidance targets for 2024 remain unchangedThis news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Regarding Forward-Looking Statements" later in this news release. The information contained in this news release is unaudited.
Consolidated adjusted EBITDA1 growth of 2.1% in Q3 2024 compared to Q3 2023 delivering 1.7 percentage-point increase in adjusted EBITDA margin2 to 45.6% – highest quarterly margin in more than three decadesNet loss of $1,191 million with net loss attributable to common shareholders of $1,237 million, or $1.36 per common share attributable to approximately $2.1 billion in non-cash media asset impairment charges; adjusted net earnings1 of $688 million yielded adjusted EPS1 of $0.75, down 7.4%Free cash flow1 increased 10.3% to $832 million; cash flows from operating activities down 6.1% to $1,842 million158,412 total mobile phone and connected device net activations3, including highest quarterly prepaid net activations in five years of 69,085, up 187% 42,415 total retail Internet net subscriber activations3 contributed to 5% Internet revenue growth – best quarterly growth rate since Q2 2023 Bell Media revenue up 10.1% with 25.1% adjusted EBITDA growth; digital revenue4 up 19% as digital platforms and advertising technology continue to drive strong growth Updating 2024 revenue guidance to reflect lower-than-anticipated product revenue and sustained competitive wireless pricing pressures; all other financial guidance targets for 2024 remain unchangedThis news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Regarding Forward-Looking Statements" later in this release.
BCE to acquire 100% of equity in Ziply Fiber for approximately C$5.0 billion (U.S. $3.65 billion)Acquisition to extend Bell's fibre footprint to the United States, adding approximately 1.3 million fibre locationsAcquisition to reinforce Bell's position as third-largest fibre Internet provider in North America with a total of 9 million fibre locations and an objective to reach over 12 million fibre locations by the end of 2028Bell to use estimated C$4.2 billion net proceeds from sale of its ownership stake in Maple Leaf Sports & Entertainment (MLSE) towards funding the Acquisition