Canadian Technology Stocks and Startups
In Canada, tech analysts today are about as common as fifty goal scorers in the NHL; there just aren’t many left. Those that remain after a decade long resource boom, however, appear to know their stuff. In January, we asked some of the top tech analysts in the country; Sameet Kanade of Northern Securities, Tom [...]
On Wednesday, at its annual meeting, shareholders of Zenn Motor (TSXV:ZNN) agreed to renew their “poison pill” shareholder rights plan. It’s been a long time in limbo for Zenn shareholders, the re-upped plan was originally implemented in late 2008. In the meantime, shares of the company have fallen from $6.40 in mid-2009 to recent lows [...]
In early January, Ottawa’s Wi-LAN (TSX:WIN) opened a US office in Florida. Those who think CEO Jim Skippen and crew are looking for some respite from the harsh Ottawa winters aren’t looking closely enough, says Versant Partners analyst Tom Liston. The Southern District of Florida, Liston points out, is a district that scores particularly well [...]
Anyone who has lost a family member to cancer knows that scientific progress in beating the disease feels maddeningly slow. Cancer rates, which rose for most of the last century, began to decline in the 1990′s and have continued to decline, mostly because of a reduction in smoking and awareness of the importance of regular [...]
After the market close on Thursday, Research in Motion (TSX:RIM) will announce its Q4 2012 and full fiscal year results. The negativity that has dogged the Waterloo mobile device maker for the better part of two years has now reached near consensus. JMP Securities analyst Alex Gauna’s take on the matter is a common one. [...]
The list of legendary US tech CEOs could form a veritable Mount Rushmore of innovation. While names like Steve Jobs, Bill Gates, Larry Ellison, Jeff Bezos and John Chambers would battle for space, what would Canada’s collection look like? The truth is, with the stepping down of Jim Balsillie and Mike Lazaridis as as co-CEOs [...]
Last month, Calgary’s Oncolytics Biotech (TSX:ONC) completed a bought deal financing, raising $21.3-million by selling 5.1 million shares at $4.20. The cash will help Oncolytics to fund its phase three trial for Reolysin, a treatment for head and neck cancers. The move increased the number of shares Oncolytics has outstanding to 76.3 million, but means [...]
Last week, Lorex Technologies (TSXV:LOC) reported its 2012 Q1 results. The Markham company posted a record quarter, with revenue climbing to $20.5-million, a 26% bump over the same period a year prior. Lorex CEO Ruben Klein said “Growth for the current quarter came from all business units across the board, as increasing demand and awareness [...]
Last week, Montreal broadcast technology player Miranda Technologies (TSX:MT) announced that, because it had received “a number of unsolicited expressions of interest regarding potential transactions and partnerships…” it would begin formal discussions with those yet-to-be-named parties. The language of Miranda’s press release is not unfamiliar to those who have invested in Canadian tech stocks of [...]
Next Thursday, Research in Motion will report its Q4 and fiscal 2012 results. Even casual observers of the Waterloo tech giant know BlackBerry’s share of the US market is taking a beating. And, as of last week, it can now longer claim to be the most popular smartphone in its home country. Add it all [...]
