BCE scales back spending

BCE INC., $53.12, is a buy. The company (Toronto symbol BCE; Shares o/s: 912.3 million; Market cap: $48.6 billion; TSINetwork Rating: Above Average; Yield: 7.3%) plans to cut its capital spending in response to a decision by the Canadian Radio-television and Telecommunications Commission (CRTC) that forces it to… Read More

BCE cuts capital spending

BCE INC. $53 is a buy. Canada’s largest provider of telecommunication services (Toronto symbol BCE; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 912.3 million; Market cap: $48.4 billion; Price-to-sales ratio: 2.0; Dividend yield: 7.3%; TSINetwork Rating: Above Average; www.bce.ca) plans to cut its capital spending in… Read More

BCE offers growth—and a high yield

BCE has largely completed a multi-year plan to upgrade its wireless and fibre-optic networks. Those improvements are already attracting new customers and lifting its cash flow. The completion of those projects also means BCE can lower its capital spending. That frees up cash for future… Read More