Latest news with #RCI
Malaysiakini
5 hours ago
- Politics
- Malaysiakini
Crisis in the courts: The 1988 purge and Lingam tape
In Feb 2019, Court of Appeal Judge Hamid Sultan Abu Backer made shocking revelations about corruption and impropriety in the judiciary. The government then agreed to set up a Royal Commission of Inquiry (RCI) to investigate the judiciary, but to date, it has not materialised. This was not the first time the judiciary had come under scrutiny. Here are two key incidents in the recent past that raised questions about the integrity and independence of the courts. To begin, click on one of the stories below. The 1988 purge How Umno infighting led to the toppling of Malaysia's top judge. Read → 7 cards inside The Lingam Tape How a lawyer, a tycoon and a politician controlled the judiciary. Read → 9 cards inside Comments
Yahoo
6 days ago
- Business
- Yahoo
Rogers Communications 2Q25 Investment Community Teleconference July 23, 2025 at 8:00 a.m. ET
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its second quarter 2025 financial results on Wednesday, July 23, 2025, before North American financial markets open. The results will be distributed by newswire and posted at Rogers' management will host its quarterly teleconference with the investment community to discuss the results and outlook at 8:00 a.m. ET. A live webcast of the teleconference will be available on the Investor Relations section of Rogers' website at Alternatively, the teleconference can be accessed by dialing 416-639-5883 (1-844-282-4459 toll free Canada/USA). When prompted, callers are required to enter passcode 3793238# for admittance to the call. An archive of the presentation will be available at this same website following the teleconference. In addition, a telephonic re-broadcast will be available for two weeks following the teleconference by dialing 1-855-669-9658 (toll free Canada/USA) and providing access code 2621280#. About Rogers:Rogers is Canada's leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit or For further Information:Investor Relations 1-844-801-4792 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
Renter competition tightens nationwide for apartments
This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. The nation's apartment market is only getting more competitive for renters, despite a peak in new deliveries last year, according to RentCafe's annual analysis. RentCafe rates the country's Rental Competitive Index at 74.6 out of a possible 100, up from 73.4 in early 2024. New apartment deliveries have begun to pull back, with new supply rising only slightly to 0.72% of the total stock — not enough to meet demand, according to the report. Each existing vacant unit now has an average of nine renters competing for it, up from eight in 2024. At the same time, lease renewals are rising, meaning more renters have decided to stay put in the last year than the previous year. The lease renewal rate stands at 63.8%, up from 62.4%, and the average time a household spends in a unit has risen to 29 months. RentCafe bases its RCI on five data points — new apartment construction in the past year, number of prospective renters, lease renewal rates, occupancy and days until a vacant apartment is leased. Miami not only remains the nation's hottest rental market, but has become even more competitive in the past year, moving up 2.6 points to 96.7 on the RCI — 22 points above the national average and more than ten points ahead of any other market. Market Competitiveness score Occupancy rate Prospective renters per vacant unit Share of new housing units in stock 96.7 96.6% 21 0.40% 85.1 95.6% 14 0.14% 85.0 95.2% 14 0.82% 83.9 96.1% 18 0.30% 81.7 94.9% 11 0.10% 81.7 95.9% 11 0.15% 81.1 95.0% 13 0.23% 80.6 95.3% 9 0.32% 80.6 94.7% 12 0.05% 80.6 96.7% 12 0.61% SOURCE: RentCafe Vacant apartments in Miami fill within an average of 36 days — 10 days shorter than the national average — and draw 21 competing renters on average. Lease renewals have risen to 74.7% from 73.4% in early 2024, while occupancy has grown only slightly, up from 96.5% to 96.6%. Suburban Chicago comes in a distant second for competitiveness, up from the No. 4 spot last year — even though its RCI has fallen slightly from 85.3 to 85.1. Overall, Midwest markets maintain a strong presence in the top 20, driven by a mix of strong job opportunities and affordability, according to the report. The wildfires in Los Angeles earlier this year had a significant tightening effect on its rental market, as many residents were displaced and in need of new housing, according to the report. Lease renewals rose 5.1% over the past year, up to 58%, while the number of competing renters per unit has risen from 14 to 18. New deliveries in the area were already limited, with only 0.3% new supply growth in the past year. Demand remains high in Silicon Valley as tech workers return to the office, according to the report. Occupancy has risen to 95.3% in areas like Mountain View, Palo Alto and Cupertino, California, and each unit attracts an average of 12 prospective renters and leases in 39 days. Out of the top 20 most competitive markets in the nation, 15 have a lower share of new apartments in their total stock than the national average. However, only one — Pittsburgh, at No. 20 — had no new deliveries at all in the past year. Recommended Reading Survey says operators should focus on community over frills
Yahoo
24-06-2025
- Business
- Yahoo
Rogers Communications Inc. (RCI): A Bull Case Theory
We came across a bullish thesis on Rogers Communications Inc. (RCI) on Nugget Capital Partners' Substack. In this article, we will summarize the bulls' thesis on RCI. Rogers Communications Inc. (RCI)'s share was trading at $26.65 as of 9th June. RCI's trailing and forward P/E were 11.27 and 7.73 respectively according to Yahoo Finance. A closeup of a telecom tower with power lines connecting to it, representing the strength and reliability of network services. Rogers Communications (RCI) appears deeply undervalued amid a telecom sector that's fallen out of favor with investors, despite signs of fundamental strength and upcoming catalysts. Chief among these is the potential monetization of its MLSE (Maple Leaf Sports & Entertainment) assets—high-value holdings that generate no EBITDA but could be worth up to $15 billion, according to management. Discussions with institutional investors are reportedly well underway, and while a full sale seems unlikely due to Rogers' NHL broadcasting commitments through 2038, an IPO or partial divestiture could unlock meaningful value. Coupled with the imminent closing of a $9 billion Blackstone equity deal that will reduce leverage by 1x EBITDA, Rogers is transitioning from the highest to the lowest leverage profile among Canadian telecoms. Meanwhile, the sector shows signs of stabilization: ARPU is bottoming, pricing pressures appear to be easing, and the capex-heavy 5G buildout cycle is winding down, which may drive margin expansion. Rogers, Canada's largest wireless provider, also benefits from consistent subscriber growth fueled by immigration, with upside if a new government provides a clearer immigration policy. Trading at historic lows across EV/EBITDA, earnings yield, and price/book, the stock offers an attractive entry point with limited downside, especially given increased institutional interest and insider confidence. While sentiment remains negative post-dividend cut, recent defensive performance during broader market sell-offs supports the view that telecom has likely bottomed. With improving fundamentals, a likely MLSE monetization, and reduced leverage, Rogers offers a compelling asymmetric opportunity in an overlooked asset class. Previously, we covered a standout on Precision Drilling Corporation (PDS) from Nugget Capital Partners, which framed the company as a misunderstood Canadian rig leader with strategic basin exposure, pricing power, and high asset quality. Despite U.S. softness, resilient Canadian demand and strong free cash flow underpin the upside in a depressed valuation. The stock has appreciated by approximately 15% since our coverage. Rogers Communications Inc. (RCI) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 16 hedge fund portfolios held RCI at the end of the first quarter which was 17 in the previous quarter. While we acknowledge the risk and potential of RCI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
23-06-2025
- Business
- Yahoo
Is the Options Market Predicting a Spike in Rogers Communications Stock?
Investors in Rogers Communications Inc. RCI need to pay close attention to the stock based on moves in the options market lately. That is because the July 18, 2025 $40.00 Put had some of the highest implied volatility of all equity options today. Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Clearly, options traders are pricing in a big move for Rogers Communications shares, but what is the fundamental picture for the company? Currently, Rogers Communications is a Zacks Rank #3 (Hold) in the Diversified Communication Services industry that ranks in the Top 37% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimates for the current quarter, while two have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from earnings of 74 cents per share to 75 cents in that the way analysts feel about Rogers Communications right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your to see the trades now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Rogers Communication, Inc. (RCI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
