Canadian Technology Stocks
BufferCGI Group (TSX:GIB.A) released its 2011 fourth quarter and year end results Friday. The Montreal company, which is Canada’s largest IT stock, beat their year prior results handily. Revenue was up 15.8% to $4.32 billion and earnings were up nearly 10% to $562 million. CGI CEO Michael Roach says the company’s big bet on the [...]
BufferWhen the final pieces of Nortel’s patent portfolio were sold off this past summer, the $4.5 billion price tag surprised many observers. The collection of more than 6,000 patents covered au courant areas of wireless and LTE, optical, voice and internet. For the acquirers, a consortium that consisted of RIM, Apple, Sony and Microsoft, the [...]
BufferConsidering its financial position, Aastra Technologies (TSX:AAH) is an extremely volatile stock. The stock traded above $40 in 2007, below $8 in 2008, above $36 in 2010, and has now come all the way back down to $13 in 2011. One might expect this kind of stock price volatility for a heavily-levered company with a [...]
BufferSome stories take longer than others to unfold. The dot-com era’s massive investment in internet infrastructure looked like a lost bet until a wave of mobile devices and complementary technologies began to utilize that bandwidth, midway through the 2000′s. Business to consumer technologies were all the rage in 1999, or rather, the idea of business [...]
BufferThe turnaround of Waterloo-based logistics company Descartes Systems (TSX:DSG), has become the stuff of legend. When current CEO Art Mesher took over in 2004, he estimates that the company had mere days to live and “mattered to no one”. If the reception at Tuesday’s M Partners Annual Technology and Communications Investor Conference at Toronto’s Royal [...]
BufferYou’re a reporter on the front in Afghanistan with just a Digital SLR, or run a local cable access show that is chasing down a story that happens to have national appeal. Or you’re a producer with amazing footage of that car crash -that was filmed on an iPhone. Broadcasters everywhere receive thousands of signals [...]
BufferYou’re a reporter on the front in Afghanistan with a just a Digital SLR, or run a local cable access show that is chasing down a story that happens to have national appeal. Or you’re a producer with amazing footage of that car crash -that was filmed on an iPhone. Broadcasters everywhere receive thousands of [...]
BufferOK, first the name, because weeks or even days from now it may no longer exist. Zarlink (TSX:ZL) comes from “Tsar of Links”, and reflects the Ottawa semiconductor manufacturer’s early history in networking equipment. On Wednesday, the company, which was born out of the telecommunications division of tech legend Terry Matthew’s Mitel and has been [...]
BufferImplementation. When technology solutions enter the public conversation, the assumption is that their practical use is not far off. Actual progress, for a myriad of reasons, is often much slower. Nowhere does this apply more than healthcare. Research firm Forrester estimates that the paper based health information wastes hundreds of billions of dollars annually. Founded [...]
Buffer19% revenue growth. Improved earnings. A mountainous short position that continues to build. To shareholders of Celestica (TSX:CLS), it must sound like one of these things doesn’t belong. On April 21st, the Toronto based contract manufacturer reported results from its Q1 2011. The numbers showed a company that is returning to growth. The $1.8 billion [...]
