Spectra7 is making “significant” progress, says PI


Third quarter results from Spectra7 Microsystems (TSXV:SEV) show that the company is making “significant progress” with its Virtual Reality chipsets, says PI analyst Pardeep Sangha. Yesterday, Spectra7 reported its Q3, 2014 results. The company lost (U.S.) $1.88-million on revenue of $1.65-million, up 49% from last year’s third quarter topline of $612,902. “Spectra7’s success with our […]

Redknee’s Q4 confirms our positive view of company, says Clarus

redknee converged billing

Clarus Securities analyst Eyal Ofir says Redknee (TSX:RKN) delivered a strong fourth quarter in all the key metrics he was looking for. Yesterday, Redknee reported its fourth quarter and fiscal 2014 results. The company posted adjusted EBITDA of $5.8 million on revenue of $60.9-million, up 6% from the $57.4-million topline the company posted in the […]

RDM Corp is part of the future of banking, says M Partners

rdm corp

RDM Corp’s (TSX:RC) service offering represents “the future of banking” says M Partners analyst Manish Grigo. This morning, RDM reported its Q4 and fiscal 2014 results. In the fourth quarter, The company generated Adjusted EBITDA $1.2-million on revenue of $6.2-million, up 10.7% from last year’s $5.6-million fourth quarter topline. “Our results continue to demonstrate the […]

QHR has a “compelling” business, says Cantor Fitzgerald

Versant analyst Tom Liston says QHR Technologies has an important first-mover advantage in the growing electronic medical records space.

QHR’s (TSXV:QHR) high levels of organic growth, margins and recurring revenue is a “compelling combination”, says Cantor Fitzgerald Canada analyst Justin Kew. This morning, QHR reported its Q3, 2014 results. The company earned $60,635 on revenue of $6.9-million, a 16% increase over last year’s $6.0-million topline. “We are pleased with our progress in Q3 and […]

Kik Interactive lives on as symbol of BlackBerry’s former folly

In 2007, Kik founder Ted Livingston was an engineering student at the University of Waterloo who worked a string of co-op placements at BlackBerry. He reportedly tried to convince BlackBerry to take BBM cross-platform.

Waterloo-based Kik Interactive today announced it had closed a $38.3 million Series C round that was led by Valiant Capital Partners and included new investors Millennium Technology Value Partners, SV Angel, and existing investors Foundation Capital, RRE Ventures, Spark Capital and Union Square Ventures. The injection brings the total Kik has banked to $70.5 million […]

Allergan result proves Valeant is a shrewd negotiator, says Paradigm


In refusing to overpay for Allergan, Valeant Pharmaceuticals (TSX:VRX) exhibited exactly the kind of discipline that investors should admire in the company, says Paradigm Capital analyst Alan Ridgeway. Yesterday, a saga that began in April ended for Valeant when Dublin-based Actavis Plc’s offer of $219 a share in cash and stock was accepted by the […]

Japan’s Economy and the Adult Diaper Problem

The Japanese adult diaper market is growing at as much as 10% per year, and is expected to pass the baby diaper market by 2020. "Japan simply hasn’t had that many laborers to put back to work," says Marginal Revolution's Tyler Cowen.

The big economic news this week was the surprise that Japan’s economy contracted 1.6% in the quarter ended September, against earlier forecasts that it would rise by 2.1%. The development is widely expected to lead to a a snap election and the delay of a sales tax increase that was scheduled for 2015. The situation […]

Prometic Life Sciences gets price target raise at Paradigm

Prometic Life Sciences CEO Pierre Laurin.

Investors should focus on Prometic Life Science’s (TSX:PLI) deep product development pipeline instead of its predictably lumpy revenue, says Paradigm Capital analyst Alan Ridgeway. Last Thursday, Prometic reported its Q3, 2014 results. The company lost $20.7-million on revenue of $2.3-million. Management noted that its year to date product sales of $7.3-million is still ahead of […]

CGI Group upgraded to “Buy” at Clarus Securities

michael roach cgi group

Increasing cash flow strength and the likelihood of a “material” M&A transaction around the corner has Clarus Securities analyst Eyal Ofir feeling good about CGI Group (TSX:GIB.A). Last Thursday, CGI Group reported its fourth quarter and fiscal 2014 results. For the quarter, the company posted adjusted EBITDA of $486-million on revenue of $2.48-billion, a topline […]

Computer Modelling Group gets upgraded to “Top Pick” by Industrial Alliance’s Li

Computer Modelling Group CEO Ken Dedeluk.

Another solid quarter for Calgary’s Computer Modelling Group (TSX:CMG) has Industrial Alliance Securities analyst Steve Li feeling bullish about the company’s prospects. Last Thursday, Computer Modelling Group reported its Q2, 2014 results. The company earned $7.47-million on revenue of $19.7-million, a 14.8% topline bump over last year’s second quarter. Li says Computer Modelling Group is […]