Stock market news for investors: Rogers sees revenue increase, boosted by Blue Jays – MoneySense playoff success

The cable and wireless company, which also owns the baseball team, said it had profit attributable to shareholders for the quarter ended Dec. 31 of $743 million, or $1.37 per diluted share. The result was an increase from a profit of $558 million or $1.02 per diluted share in the last three months of 2024. On an adjusted basis, Rogers says it earned $1.51 per diluted share in the latest quarter, compared to an adjusted profit of $1.46 per diluted share a year earlier.

Revenue totaled $6.17 billion, compared to $5.48 billion in the year-earlier quarter. The increase came as media revenue at Rogers, which includes the Jays, rose to $1.24 billion for the quarter, up from $547 million a year earlier. Wireless revenues for the quarter totaled $2.97 billion, up from $2.98 billion a year earlier, while cable revenues were flat at $1.98 billion.

The Jays took the Los Angeles Dodgers to overtime of Game 7 before losing the baseball championship.

CPKC’s profits fall in the fourth quarter, despite increases in grain and container freight sales

Canadian Pacific Kansas City Ltd. says profits fell 10% in the latest quarter, despite a rise in revenue that capped a year of solid profit growth. CPKC said net profit fell to $1.08 billion in the quarter ended December 31, compared with $1.20 billion in the same period a year earlier.

The Calgary-based railway says fourth-quarter revenues rose 1% to $3.92 billion, compared to $3.87 billion the year before, while grain and container revenues rose 3%.

It says adjusted core earnings rose 3% from $1.29 per share to $1.33 per share.

For the full year, CPKC says net profit rose 11% to $4.14 billion and revenue rose almost 4% to $15.08 billion.

For 2026, the company forecasts low double-digit core-adjusted diluted earnings per share growth, mid-single-digit volume growth and a 15% reduction in capital expenditures to $2.65 billion.

Business and technology consultancy CGI reports first-quarter profit and turnover higher than a year ago

CGI Inc. reported first-quarter profit of $442.0 million, up from $438.6 million a year earlier, while revenue rose nearly 8%. The business and technology consultancy said earnings for the quarter ended December 31 were $2.03 per diluted share, compared with $1.92 per diluted share a year earlier.

Revenue for the three-month period totaled $4.08 billion, up from $3.79 billion. On an adjusted basis, CGI says it earned $2.12 per diluted share in the most recent quarter, compared to $1.97 per diluted share a year earlier.

Earlier this week, CGI announced a partnership agreement with OpenAI, through which the company will expand the use of artificial intelligence across its business and help customers use it in their operations.

CGI has 94,000 consultants and professionals worldwide providing business and technology advisory services.

Cascades is selling packaging plants to Crown Paper Group in a deal worth $65.5 million

Cascades Inc. has agreed to sell a packaging plant to Crown Paper Group, based in Richmond, BC

The transaction is valued at $65.5 million, including real estate assets, and is expected to close in the coming days, subject to closing conditions. Cascades says the plant offered limited integration within its operating network due to its geographic location.

Hugues Simon, CEO of Cascades, said in a press release that this move follows the company’s commitment to improve profitability and optimize operations. The transaction comes after Cascades signed an agreement to sell a flexible packaging plant to Texas-based Five Star Holding for $31 million.

Cascades makes cardboard packaging, toilet paper, paper towels and other products.