$CGO

CALAMOS GLOBAL TOTAL RETURN FUND

No enriched coverage for $CGO in the last 7 days.

No SEC Form 4 filings for $CGO in the last 30 days.

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Canada’s Cogeco Reports $1.8 Billion Loss

Cogeco (TSE: CGO) reported a fiscal Q3 loss of $1.8 billion versus a $74 million profit a year earlier, driven mainly by a $1.7 billion impairment charge tied to its U.S. telecom business, according to the company. Revenue fell to $724.2 million from $758.5 million. Loss per share was $42.84 versus EPS of $2.13.

CGO sentiment & insider activity

Recent CGO coverage spans earnings, regulation and corporate actions.

What's driving CGO

  • BlackRock Portfolio Management LLC reports shared beneficial ownership of 360,000 Series H preferred shares of Calamos Global Total Return Fund (CGO), representing 100% of that class. The entity has shared voting and dispositive power over these shares, with no sole power. The filing was made under the Securities Exchange Act of 1934.

    stocktitan.net · Sep 8, 2026

  • Potential dilution and leverage increase for CGO.

    prnewswire.com · Aug 26, 2026

  • The impairment charge signals deteriorating U.S. telecom asset values, likely pressuring earnings quality and near-term sentiment.

    baystreet.ca · Jul 16, 2026

  • Earnings show weaker consolidated revenue and EBITDA, but improved free cash flow and a higher dividend, with the key swing factor being large U.S. telecom impairments.

    newswire.ca · Jul 16, 2026

  • The impairment and weaker U.S. revenue signal elevated downside risk to U.S. cash flows and valuation, while Canada remains steadier.

    bnnbloomberg.ca · Jul 16, 2026

AlphAI scores every news story that mentions CGO with an AI model for sentiment and relevance, and aggregates insider trades from CALAMOS GLOBAL TOTAL RETURN FUND's SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $CGO

Score
$CHIMed

Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CHW, CGO and CCD) Announce Private Placements Totaling $248.25 Million of Mandatory Redeemable Preferred Shares

Calamos Investments' six closed-end funds (CHI, CHY, CSQ, CHW, CGO, CCD) issued $248.25M in mandatory redeemable preferred shares. KBRA rated them 'AA-'. Shares pay monthly dividends (6.19% and 6.03%) and were placed privately with institutional investors. Nomura and UBS acted as co-placement agents.

$CGOMed

Canada’s Cogeco Reports $1.8 Billion Loss

Cogeco (TSE: CGO) reported a fiscal Q3 loss of $1.8 billion versus a $74 million profit a year earlier, driven mainly by a $1.7 billion impairment charge tied to its U.S. telecom business, according to the company. Revenue fell to $724.2 million from $758.5 million. Loss per share was $42.84 versus EPS of $2.13.

$CGOMed

Cogeco announces its Q3 2026 financial results

Cogeco Inc. (TSX: CGO) reported Q3 fiscal 2026 results for the quarter ended May 31, 2026. Revenue fell 4.5% to $724.2M and adjusted EBITDA fell 2.9% to $357.0M, though Canadian telecom adjusted EBITDA rose 3.9%. The company recorded $2.2B non-cash impairment charges in U.S. telecom. Free cash flow rose 15.7% to $170.7M. It also declared a quarterly dividend of $0.987 per share.

$CGOMedAI 8/10

Cogeco reports Q3 loss amid 'significant turbulence' for U.S. telecom sector

Cogeco Inc. (TSX:CGO) reported a Q3 loss of $1.8 billion, or diluted loss of $42.84 per share, versus a year-ago profit of $74 million. The company attributed the loss mainly to $2.2 billion in non-cash pre-tax impairment charges in its U.S. telecom segment. U.S. telecom revenue fell 10% and Cogeco cited competitive pricing and subscriber shifts; overall revenue was $724.2 million.

$CGOMed

Cogeco Q3 Earnings Call Highlights

Cogeco Inc. (TSE:CGO) discussed Q3 results on an earnings call. Management said U.S. cable faces “significant turbulence” and recorded a non-cash U.S. impairment of CAD 1.8B ($1.3B) goodwill plus a CAD 26M pretax intangible impairment. It expects weaker U.S. Q4 revenue and adjusted EBITDA, with a material rise in customer losses, while citing wireless, Welo and AI as improvement levers.

Five things to watch for in the Canadian business world in the coming week

The Canadian Press lists five upcoming items. ARC Resources shareholders vote Tuesday on Shell’s stock-and-cash acquisition valued at $22B including assumed debt. The Bank of Canada meets Wednesday, expected to hold its 2.25% rate. WestJet flight attendants’ strike vote ends Wednesday. Cogeco/ Cogeco Communications report Q3 Wednesday, with a $1.7B impairment expected. Canada housing data: CREA sales Wednesday and CMHC starts Thursday.

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