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Rogers Cuts Capex, Raises Cash Flow; GE Vernova Backlog Soars

4/24/2026

Summary

Story summary

Rogers Communications cut its capital-expenditure guidance to C$2.5-C$2.7 billion and raised its free-cash-flow outlook to C$4.1-C$4.3 billion.
Analysts Vince Valentini and Maher Yaghi praised the guidance, calling it a pleasant surprise and noting it protects Rogers from regulators “socializing” wireless investments.
GE Vernova’s electrification unit reported a backlog of $42 billion, up from $9 billion at end-2022, and said data-center orders reached $2.4 billion in the quarter, exceeding its full-year 2025 target, with CEO Scott Strazik forecasting segment growth.

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Story summary

Rogers Communications cut its capital-expenditure guidance to C$2.5-C$2.7 billion and raised its free-cash-flow outlook to C$4.1-C$4.3 billion.
Analysts Vince Valentini and Maher Yaghi praised the guidance, calling it a pleasant surprise and noting it protects Rogers from regulators “socializing” wireless investments.
GE Vernova’s electrification unit reported a backlog of $42 billion, up from $9 billion at end-2022, and said data-center orders reached $2.4 billion in the quarter, exceeding its full-year 2025 target, with CEO Scott Strazik forecasting segment growth.