Monday, January 7, 2008

Rogers increases dividend, buys back shares

[UPDATE: Rogers Communications Inc. stock dropped 6% Monday, despite the company doubling its dividend, announcing it intends a 15% stock buyback and making a rosy forecast for 2008. Investors are apparently skittish about a decline in the uptake of wireless services, despite Rogers adding 183,000 net new wireless subscribers in the past 6 months.]Rogers Communications Inc., Canada's largest

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