Canadian Technology Stocks
BufferThe definition of insanity, Albert Einstein famously quipped, “is doing the same thing over and over again and expecting different results”. For Toronto’s Guestlogix, the idea of moving their business up the value chain seemed like a no-brainer. After all, the company has successfully delivered ancillary revenue to airlines for a decade. In actual practice, [...]
BufferOn the first day of December last year, Bombardier (TSX:BBD.B) reported its Q3, 2011 results. The Canadian conglomerate, which turns seventy this year, delivered double digit growth. Bombardier’s top line was up 16% over the same period in 2010, and the company earned eleven cents compared to just eight cents in 2010. Bombardier’s stock, which [...]
BufferLast summer we noticed that, despite earnings and revenue growth, the street was not buying what Celestica (TSX:CLS) was selling. The short position on the stock was enormous, second only to Manulife Financial on the entire exchange, growing to 38.2 million shares by May 31st of last year. More than a half-year later, Celestica has [...]
BufferLast Wednesday, ATS Automation (TSX:ATA) reported its Q3, 2012 results. Revenues were $149.1-million, 23% higher than in the same period a year ago. Earnings came in at $20.4-million, comparing favourably to the $6.1-million the company put to the bottom line in Q3, 2011. The quarter was a little better than Versant analyst Neil Lindsell expected. [...]
BufferIt’s a deal the engineers of iSign Media’s (TSXV:ISD) technology could merely have dreamed of five years ago. Back in 2007 iSign, which was a digital signage company with about fifty installations in Vancouver, developed a method of using the Bluetooth frequency to broadcast content from the sign to mobile phones that came within proximity. [...]
BufferGood things come to those who wait. RuggedCom (TSX:RCM) today announced it had entered into an agreement with Siemens Canada to purchase all outstanding common shares of the Vaughn, Ontario based company by way of a takeover bid at $33 per share in cash. The offer, which has the unanimous approval of the RuggedCom board, [...]
BufferAnother one bites the dust. In 2011, mostly due to buyouts from US firms, we lost many prominent Canadian techs that have been around for decades, including Zarlink, MOSAID and March Networks. Today’s news from Gennum (TSX:GND) confirms, as Byron Capital analysts Tom Astle and Byron Berry recently suggested, that the trend is continuing into [...]
BufferIs the 3D boom over, again? In 2009, with the release of James Cameron’s Avatar, 3D technology was, for what felt like the fourteenth or fifteenth time since the 1950′s, the story of the future. That year, Montreal’s Sensio (TSXV:SIO) was a Canadian market darling. After closing 2008 with a stock that went for little [...]
BufferWhen the offer came, it came seemingly out of nowhere. Shares of RuggedCom (TSX:RCM), which had been struggling since the middle part of 2011, leapt 62%, from $13.61 to $22.69 on December 19th, when St. Louis-based Belden (NYSE:BDC), a manufacturer of signal transmission and networking products used in demanding environments, made a $22 all cash [...]
BufferCAE Inc. (TSX:CAE), which was founded in 1947 in Saint-Hubert, Quebec has built a billion dollar business on the back of flight simulators. The company is the gold standard in the industry, having sold their simulators to over a hundred different airlines. The company now trains more than 75,000 crew members each year, many at [...]
