$ROG

Rogers Communications completed its takeover of Maple Leaf Sports and Entertainment, acquiring Bell's 25% stake. The company now owns all major men's sports teams in Toronto, which are reportedly the main topics of conversation for Ross Meyer and his father. Rogers executives cited data on the Meyers' reactions to sports events as a factor in the acquisition.

Rogers Corp. aims for $1.5B in sales by 2030, driven by AI data centers and battery systems. The company expects $450M+ annual revenue from adjacencies by 2030, with data centers as the largest opportunity. Rogers targets 13% annual revenue growth, 26% EBITDA margin, and $14 adjusted EPS by 2030. In 2026, it expects $870M sales, up from $811M in 2025, with improved margins and EPS.

Rogers Communications Inc. completed its acquisition of the remaining 25% stake in Maple Leaf Sports & Entertainment (MLSE) for $4.35 billion CAD. The company will form a new unit, Rogers Sports, to manage its media assets, with Keith Pelley leading it. Pelley will also oversee Rogers Media, succeeding Colette Watson, who is retiring.

TTM Technologies (TTMI) stock fell 6% post-earnings, trading at $123.42. Amphenol (APH) reported $8.76B revenue, up 55% YoY, beating estimates, and its stock rose 17.3%. Rogers (ROG) saw $216.8M revenue, up 6.9%, but missed EPS estimates; its stock rose 29.9%. Plexus (PLXS) reported $1.3B revenue, up 28.1%, beating estimates, and its stock rose 8.6%. Jabil (JBL) reported $10.62B revenue, up 28.6%, beating estimates, but its stock fell 9.2%.

Rogers Communications completed its acquisition of the remaining 25% stake in Maple Leaf Sports & Entertainment (MLSE) from Kilmer Sports for $4.35 billion. The deal unites Toronto's major sports teams under Rogers' ownership, including the Maple Leafs, Raptors, and Blue Jays, along with related assets. Rogers plans to monetize its sports and media assets, valued at over $25 billion, by selling minority stakes by mid-2027 to reduce debt.

B. Riley Securities kept a Buy rating on Rogers with a $225 price target, implying a 47.1% upside. The firm expects 13% revenue CAGR from 2025-2030 and raised EPS estimates to $6.00 for 2028 and $14.00 for 2030, citing strong growth prospects.

Rogers (ROG) shares rose 17% after an Investor Day where management set 2030 targets, including 13% revenue CAGR, 26% EBITDA margin, and $14.00 adjusted EPS. The company reported Q3 2025 revenue of $216M, up 2.7%, and beat EPS estimates by 30%. Rogers is up 70.6% YTD, trading near its 52-week high.

Moderna (MRNA) and Merck (MRK) reported successful late-stage trial results for a personalized mRNA cancer vaccine targeting melanoma, reducing recurrence risk by 49%. The treatment relies on technologies from Illumina (ILMN), Danaher (DHR), and others. Moderna's stock surged 176.97% on the news, highlighting the shift toward individualized therapies in oncology.

Global News, citing FOI documents, says Ontario Premier Doug Ford hosted Rogers CEO Tony Staffieri at home on March 29 to discuss the province’s new ticket resale law. The meeting followed a March 2026 budget move to cap resale prices at face value. Rogers raised concerns for season-ticket holders. Ford’s office said no changes resulted, while enforcement and platform verification issues persist.

Rogers stock rose about 3.5% in pre-open after its Q2 2026 results beat expectations, with adjusted EPS of $0.92 on revenue of $216.8 million versus $0.79 and $210.9 million. The company guided Q3 EPS of $1.10–$1.30 and revenue of $233–$243 million. The move follows a prior selloff tied to supply chain headwinds and a plant fire.