Canadian Technology Stocks and Startups
Good things come to those who wait. RuggedCom (TSX:RCM) today announced it had entered into an agreement with Siemens Canada to purchase all outstanding common shares of the Vaughn, Ontario based company by way of a takeover bid at $33 per share in cash. The offer, which has the unanimous approval of the RuggedCom board, [...]
Some upbeat news from Mood Media (TSX:MM) today as the Toronto-based company said its Q4 EBITDA would come in at approximately $34-million. Versant Partners analyst Tom Liston is impressed with the guidance, he had expected EBITDA of $29.7 million. Liston says he suspects the better performance is a combination of improved cost controls and revenue [...]
Back to the future. At Cantech Letter, we spent much of December rewarding the best of 2011. This resulted in Ottawa’s MOSAID winning 2011 Canadian Tech Stock of the Year, and crosstown rival Jim Skippen of Wi-LAN taking home the award for Canadian Tech Stock Exec of the Year. Today, we look forward. Every year, [...]
When Thorsten Heins was appointed new CEO of Research in Motion late last Sunday, his first call wasn’t to the Wall Street Journal, nor was it to The Globe and Mail, or even the National Post. Heins’ first official order of business was a call to Kevin Michaluk, the Founding Editor of CrackBerry.com. Michaluk later [...]
It wasn’t potash, or gold, or even lumber. Today at the World Economic Forum in Davos, Switzerland Canadian Prime Minister Stephen Harper addressed Canada’s lagging research and development, and its role in science and technology based investments. In particular, Harper referred to a report produced by a panel led by Open Text (TSX:OTC) Chairman Tom [...]
2008 was supposed to be Medipattern’s (TSXV:MKI) big year. The Toronto based company, which designs medical imaging software, went public in 2005, then soared to $1.64 in the first days of 2008 on the promise of a new medical imaging system for breast cancer detection. When the tangle of regulatory hurdles combined with the worst [...]
So far, so good. Late in 2011, Versant Partners analyst Massimo Fiore made NewAlta (TSX:NAL) his top pick for 2012. Early in the year, the company has already posted a 9% gain, and Fiore says there could be more good news on the way. Fiore thinks NewAlta will reward investors by increasing its dividend later [...]
In the public markets, the social media frenzy that will no doubt reach its pinnacle with the IPO of Facebook, rumoured to happen in May, hasn’t really spilled over to Canada. The high profile IPOs of Zynga (NASD:ZNGA), the San Francisco-based creator of social network games like Farmville, as well as deal giant Groupon (NASD:GRPN), [...]
Is solar in or out of fashion this week? What about wind? Is hydro cool today? Few sectors are as cyclical as renewable energy. One day we’re hearing about feed-in tariffs sparking a frenzy in the Chinese solar industry, the next we are hearing about its imminent demise. Longueuil, Quebec’s Innergex Renewable (TSX:INE) was one [...]
Shares of CardioComm (TSXV:EKG) were on fire today after the company announced it had cleared an important hurdle in its goal to market a new handheld ECG device called the HeartCheck Pen. CardioComm received confirmation from the Canadian Medical Devices Conformity Assessment System that it had cleared an ISO (International Organization for Standardization) audit performed [...]
