The overlooked reason Target failed in Canada

A Target store in  Brossard, Quebec.

Target is currently wrapping up an expensive and embarrassing Canadian experiment. A liquidation of the company’s assets has been underway for nearly two months, and snapshots of its increasingly barren shelves have been a mainstay of media coverage since February. The U.S. retail giant decided to enter Canada in 2011, with the purchase of 220 […]

Epicore BioNetworks is a buy, says Cantor Fitzgerald Canada

epicore

Epicore BioNetworks (TSXV:EBN) has a credible plan to gain market share in a potentially massive market; the supply of sustainable sources of higher value proteins, says Cantor Fitzgerald Canada analyst Scott Curtis. In a research report to clients yesterday, Curtis initiated coverage of Epicore BioNetworks with a “Buy” rating and one year target of $1.65, […]

Alter NRG more than doubles on Harvest takeover

Alter NRG is the top gainer on the TSX Venture exchange today after the Alberta company announced the close of a $10-million financing.

Shares of Alter NRG (TSX:NRG) are racing today after the company announced it has agreed to be taken over by Harvest International New Energy Inc. Alter NRG’s board has unanimously approved the takeover, which is priced at $5.00 a share and values the company at about $147-million. The price is a 160% premium to the […]

ViXS is still a buy, says Paradigm Capital

vixs

Following the company’s fourth quarter results yesterday, Paradigm Capital analyst Daniel Kim maintained his bullish stance on ViXS (TSX:VXS). Yesterday, ViXS reported its fourth quarter and fiscal 2015 results. In the fourth quarter, the company lost $3.8-million on revenue of $11.2-million, a 60% bump over last year’s $7.0-million Q4 topline. “In fiscal 2015, ViXS executed […]

theScore gets buy rating, $1.00 target at Mackie Research Capital

thescore

theScore (TSXV:SCR) is undervalued, says Mackie Research Capital analyst Nikhil Thadani. In a research report to clients today, Thadani initiated coverage of theScore with a “Buy” rating and a one year target price of $1.00, implying a return of 52% at the time of publication. Thadani says he likes the company’s move into fantasy sports […]

Bill C-51 is “more concerning” than CISA, says Mozilla

A protest of the proposed Bill C-51 in Calgary on March 14, 2015.

Canada’s proposed cyber security legislation, Bill C-51, will “erode the relationship between individuals and their government” by granting powers that are too sweeping in scope, says one notable watchdog of internet policy initiatives. Writing for Mozilla’s Open Policy & Advocacy blog, writer Jochai Ben-Avie compared the cyber security bill in front of the U.S. Senate […]

Pivot Technology has huge upside, says Cantor Fitzgerald Canada

Pivot Technology co-founder and former Apple CEO John Sculley.

Pivot Technology Solutions (TSXV:PTG) is a multi-vendor solutions provider with huge upside, says Cantor Fitzgerald Canada analyst Ralph Garcea. In a research report to clients this morning, Garcea initiated coverage of Pivot Technology with a “Buy” rating and one year target of $1.25, implying a return of 297% at the time of publication. Pivot was […]

Keek Soars On Facebook Messenger Deal

Shares of Keek, which competes in the space and demographic occupied by Vine and SnapChat, have fallen in half since going public earlier this year.

After a halt earlier today, shares of Keek (TSXV:KEK) are racing following the announcement of a deal with Facebook. At Facebook’s global developer conference in San Francisco today, Keek says it will develop an app called Keek for Messenger, which will be part of the Facebook Messenger platform. “It has been a privilege to work […]

Urthecast rises after fourth quarter results

urthecast

Shares of Urthecast (TSX:UR) are up today after the company reported its fourth quarter and fiscal 2014 results. In 2014, the company lost $5.72-million on revenue of $3.94-million. The result compared favorably to the $19.2-million loss the company reported in fiscal 2013. The fourth quarter saw Urthecast report its first ever revenue. The company generated […]