Rogers Communications Inc. reports it had $332 million of net income and $405 million of adjusted profit in the third quarter - missing analyst estimates.
Canadians can expect to enjoy cheap borrowing costs for a while yet and the Bank of Canada doesn't seem to be in any hurry to change things.
(Adds Reuters in dateline). * Cuts top end of 2014 profit forecast range. * Third-quarter profit $0.38/share vs est. $0.42. * Revenue up 8 pct at $1.64 bln.
Softer-than-expected business outside of Canada and recent volatility that could negatively impact Canaccord Genuity Group Inc.'s capital market activity, prompted TD Securities to downgrade the independent broker on Thursday.
... - Fourth quarter consolidated revenues increased 1% over the same period last year and operating income before restructuring costs and amortization improved 6%.