Patient Home Monitoring increases financing to $58.5-million

Patient Home Monitoring says it intends to benefit from the trends of an aging population and a push by U.S. Medicare to reduce costs by encouraging in-home healthcare services.

High flying healthcare player Patient Home Monitoring (TSXV:PHM) has upped its previously announced financing. The company, which has seen its shares more than quadruple since last fall, says it will now raise $58.5-million in a bought deal led by Mackie Research Capital with a syndicate that is comprised of GMP and Beacon. The company will […]

Why Bombardier shouldn’t sell its rail business

bombardier train

Reuters is today reporting that Bombardier (TSX:BBD.B) is looking to raise cash from its transportation division, including the possible sale of all or part of the business. Other possibilities, says Reuters, include an IPO in Germany or the U.K. For Bombardier, rail has been an important source of diversity and a buffer against the volatile […]

COM DEV’s acquisition of Pacific Wave is a great fit, says Paradigm

com dev

COM DEV’s (TSX:CDV) acquisition of California-based Pacific Wave Systems is a great pickup that is extremely well timed, says Paradigm Capital analyst Daniel Kim. Yesterday, Cambridge-based COM DEV announced it would acquire California-based Pacific Wave Systems, a manufacturer of waveguides for the global satellite industry, for (U.S.). $20.1-million. “This acquisition is another important step in […]

Espial spikes after winning third RDK contract


Shares of Espial (TSX:ESP) are up today after the company announced it had landed an unnamed European cable operator as a client for its Reference Design Kit (RDK). Espial says the “major” cable operator serves 1.5-million households and will license its G4 client software for DVB/IP set-top boxes, user experience and Espial’s back-office service management […]

Vancouver’s Recon Instruments Integrates SAP’s Augmented Reality Apps Into Smartglasses


Vancouver’s Recon Instruments has announced a partnership to integrate SAP’s augmented reality (AR) mobile apps into its virtual reality eyewear. This is immediately following news from Recon Instruments that its Jet eyewear is almost ready to ship from its factory in San Jose, California and will begin arriving in customer’s hands circa April 16. The […]

ViXS is still a buy, says Paradigm Capital


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 […]

Urthecast rises after fourth quarter results


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 […]

Baylin’s bad fourth quarter was just a blip, says Paradigm

Shares of Baylin Technologies are off slighly since its November IPO, but M Partners analyst Steven Kraft expects the valuation gap between the company and its peers will close as it continues to outperform.

Baylin Technologies’ (TSX:BYL) “disappointing” fourth quarter results will soon be forgotten, says Paradigm Capital analyst Daniel Kim. On Friday, Baylin reported its fourth quarter and fiscal 2014 results. In Q4, the company lost $4.9-million on revenue of $9.44-million. “In fiscal 2014, we saw our infrastructure and broadband product line sales track ahead of our expectations, […]

DataWind gets $7.00 target at Industrial Alliance Securities


Canada’s DataWind (TSX:DW) is solving issues of affordability and infrastructure and enabling mobile internet adoption in emerging markets, says Industrial Alliance Securities analyst Steve Li. In a research report to clients yesterday, Li initiated coverage of DataWind with a “Speculative Buy” rating and $7.00 one year target price, implying a return of 274% at the […]

Clearpath Robotics Raises $14 Million Series A Funding Round


Kitchener’s Clearpath Robotics has raised a $14 million ($11.2 million U.S.) Series A fundraising round, led by New York-based RRE Ventures with an assist from iNovia Capital. RRE co-founder and managing partner Stuart Ellman will join Clearpath’s board of directors. “RRE was our first choice from the beginning,” said Clearpath CEO and co-founder Matt Rendall. […]