Shares of IMRIS off to fast start in 2015

Byron Capital Healthcare and Biotech analyst Douglas Loe says his aggressively postitive view that IMRIS's order flow can ramp up is based on the value proposition the company's products offer to hospital clients, which he believes are more than compelling.

Shares of IMRIS (TSX:IM, Nasdaq:IMRS) are up 18.2% today, a result shareholders must be growing used to in 2015. Since January 9th, when its shares closed at $0.72, IMRIS has nearly doubled, currently trading at $1.30. Those looking for a reason for the recent surge can probably point to the company’s press release of January […]

CGI Group gets price target raise to $58 at Cormark

cgi group

Cormark analyst Richard Tse says the combination of a big recurring revenue base, a solid backlog of orders, debt repayment, solid cash flow, and a share buyback program, are pointing to upside for CGI Group ((TSX:GIB.A). Shares of CGI rose yesterday and today after the company reported a first quarter that saw earnings grow by […]

CRTC Throws Canada Super Bowl Commercials Bone. But Where’s the Beef?

Canadians will soon say goodbye to this guy during the Super Bowl.

The CRTC today announced that, beginning in 2017, it will no longer allow Canadian broadcasters to substitute their own ads for those being broadcast during the American feed of the Super Bowl. The practice, known as simultaneous substitution, or “simsubbing” has annoyed Canadians for years, partly because the clumsy execution of it has led to […]

Cineplex looks to channel Dave and Buster’s with “The Rec Room”

Since its October IPO, shares of Dave and Buster's have nearly doubled.

On Monday, Cineplex (TSX:CGX) announced it will take a left turn from its theatre business and open a string of entertainment destinations called “The Rec Room”. The venues, which the company expects to roll out in about 10-15 locations in Canada, will feature “luxury bowling, billiards, shuffleboard and ping pong”, as well as musical acts […]

NYX Gaming gets “Buy” rating, $5.00 target at Mackie

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NYX Gaming Group (TSXV:NYX) is a gaming stock for people who don’t like to gamble, says Mackie Research Capital analyst Nikhil Thadani. In a research report to clients this morning, Thadani initiated coverage of NYX with a “Buy” rating and one-year target price of $5.00, implying a return of 47% at the time of publication. […]

Shares of CGI Group rise on first quarter earnings growth

cgi group

Shares of CGI Group (TSX:GIB.A) are up today after the company’s first quarter saw earnings grow by nearly 25%. In its Q1, 2015, CGI posted adjusted EBITDA of $344.0-million on revenue of $2.54-billion, a stealthier performance than the $302.9-million in EBITDA it delivered on a topline of $2.64-billion in last year’s first quarter. CEO Michael […]

Is Dying Light Trying to Game the System?

dyinglight

In the information age, how long can a bad product hide in the shadows? That’s a question that is resurfacing today around a new video game called Dying Light, a zombie survival epic made by Polish video game developer Techland. Now, we aren’t saying Dying Light is a terrible game. We simply don’t know if […]

Intertain Group rises after announcing mystery billion dollar acquisition

vera

There wasn’t much detail to Intertain Group’s (TSX:IT) announcement this morning, but investors are having no trouble filling in the blanks. After being halted for an hour this morning, shares of Intertain are currently up 8% to $15.99 after the gaming company announced that it was in discussions to make an acquisition in the (C) […]

Could the 2015 New York blizzard be a no-show?

The "Great Blizzrd of 1888 dropped more than two feet of snow on much of the East Coast.

Right now, a large swath of the Northeastern United States is preparing for what is being described as a “Crippling, ‘potentially historic” blizzard. Some are saying the weather event could rival the Great Blizzard of 1888, which dumped between 50 to 150 centimetres of snow on New York, New Jersey, Connecticut and Massachusetts. Others think […]