Shaw Communications Inc.'s (Shaw) 3Q 09 revenues and EBITDA were in line with our estimates, while operating and adjusted net margin were below expectations. Going forward, we expect the Cable segment to drive revenues, supported by growth in the digital phone and internet subscriberbase. Considering our positive outlook for the company and at current price levels, we maintain our BUY rating for the…

Shaw Communications Inc.’s (Shaw) 2Q 09 revenues were in line with our estimate, EBITDA and operating margins were below our estimates. Adjusted1 net margin was above our estimate. Going forward, we expect the Cable segment to drive revenues, supported by higher Digital phone and Internet subscriber-base. Considering our positive outlook for the company and as the current price levels support a BUY rating, we maintain our BUY rating for the common stock....

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Shaw Communications Inc.’s (Shaw) 1Q 09 revenues, EBITDA and operating income were in line with our expectations, while adjusted1 net income was below our estimate. As the overall results were broadly in line with our expectations, we maintain our BUY rating for the common stock. We will reassess the common stock rating for Shaw in the coming weeks. Although…