According to Canaccord, Telus Corporation’s (NYSE: TU)(FREE stock trend analysis) Wind Mobile shows a great potential with a unique pricing model which can help expand the subscriber base rapidly. The Buy rating is maintained on Telus but Rogers Communications (NYSE: RCI)(FREE stock trend analysis) is exposed to Wind’s pricing strategy, leading to a Sell rating.
Orthovita’s (NASDAQ: VITA)(FREE stock trend analysis) launch of CORTOSS was weaker than expected. The Buy rating is reiterated but at a lower target of $4.50. Meanwhile, the outlook on OSI Pharmaceuticals (NASDAQ: OSIP)(FREE stock trend analysis) remains positive despite ODAC slamming Tarceva in a front-line maintenance treatment setting. A significant upside potential remains if Tarceva gains traction in a front-line treatment setting, and there is evidence to support this possibility.
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Telus Corp (TU), Canada’s second largest telecom carrier, has released financial targets for 2010 while lowering its forecasts for the current year. The revised target for 2009 reflects the impact of a sluggish Canadian economy on the company’s wireline business, launch of the new wireless network, cost associated with the launch of new smartphones (including [...]
Rogers Communications Inc. (RCI) shares are still rising after it was originally featured as a Zacks Rank Buy.
Company Description
Rogers is a Canadian communications and media company that provides wireless and data services. The company is one of the major Canadian cable television providers, in addition to radio broadcasting.
Estimates Still Climbing
Since the original article, the full-year [...]
Rogers Communications Inc. (RCI) has started its TV Everywhere service, named “On Demand Online” in Canada, offering more than 1,000 hours of content from almost 50 broadcast and cable programming partners. TV Everywhere is basically a broadband video service that will enable pay-TV subscribers to watch premium cable programming online over broadband networks. Preference for [...]
Telus Corporation (TU) reported results for third-quarter 2009 with adjusted (excluding favorable tax related adjustments) earnings per ADS of 76 US cents (83 Canadian cents per share), missing the Zacks Consensus Estimate of 79 US cents. Adjusted earnings also declined from 86 US cents per ADS (89 Canadian cents per share) reported in the year-ago [...]
Fuel Systems Solutions Inc. (FSYS) crushed estimates when it reported third quarter results on Nov 5.
The maker of alternative fuel components blew by the Zacks Consensus Estimate of 43 cents, reporting 77 cents per share in the quarter. It was the third consecutive earnings beat. Revenue rose 10% to $116.2 million.
The company did a record [...]