ViXS is at a potential turning point in momentum, says Clarus


Market adoption of 4K video and HEVC will make for an exciting 2015 for ViXS Systems (TSX:VXS), says Clarus Securities analyst Eyal Ofir. Yesterday, ViXS reported its Q2, 2015 results. The company lost (U.S.) $3.78-million on revenue of $9-million, up 11% from the $8.1-million topline the company posted in last year’s second quarter. “ViXS continues […]

Intertain Group gets new $8.00 price target from Clarus

intertain group

Intertain’s (TSX:IT) planned acquisition of online bingo player Mandalay Media removes risk from the company’s story, says Clarus Securities analyst Eyal Ofir. On Wednesday, Intertain announced the planned acquisition of the U.K.-based Mandalay for 45-million British pounds, plus a performance contingency of 15-million pounds. Intertain Group CEO John Kennedy FitzGerald said the pickup gives the […]

Montreal’s CGI Group wins U.S. Department of Homeland Security work

CGI says this new contract might provide an opportunity to expand its footprint within the Department of Homeland Security, particularly in mission-critical IT services such as cyber security and big data solutions.

It seems all the noise about CGI Group’s (TSX:GIB.A) participation in the Obamacare fiasco is not hindering the Montreal-based company’s ability to secure U.S. government work. CGI today announced that the The U.S. Department of Homeland Security has selected its subsidiary, CGI Federal, as a prime technology contractor. Noting that CGI has a history with […]

Q1 Preview: CGI’s “contrarian” acquisition of Logica will pace growth, says Cormark

cgi group

The integration of CGI Group’s (TSX:GIB.A) “contrarian” acquisition of Logica is ahead of schedule and will help pace the company to a higher share price, says Cormark analyst Richard Tse. In a research update to clients this morning, Tse looked ahead to CGI’s Q1 results, which are due before market open on April 30th. The […]

Beaten down ViXS Systems is a buy, says Cormark

ViXS Systems CEO Sally Daub.

Shares of ViXS Systems (TSX:VXS) have taken it on the chin of late, but Cormark analyst Richard Tse says investors should take advantage of the current price of the stock, which he believes is much too low. Last Wednesday, ViXS announced that a year-end audit revealed uncovered that billing of $1.5-million under a previously disclosed […]

ViXS Systems is staying ahead of the curve, says Cantor Fitzgerald’s Abernethy

Late in December, Samsung unveiled its 110-inch UltraHD TV.

A series of product and design announcements from ViXS Systems (TSX:VXS) this week provides further validation that the company is well positioned to take advantage of media and communications trends, says Cantor Fitzgerald Canada analyst Blair Abernethy. On April 1st, ViXS expanded its UltraHD 4K offering by adding XCodePro 330 and XCodePro 320, a pair […]

CGI to part ways with Massachusetts. “Not material,” says Cantor

Blue Cross Blue Shield of Massachusetts VP Sarah Iselin says the state will part ways with CGI Group. But Cantor Fitzgerald Canada analyst Justin Kew says he expects contract will run its full term, to September 2014.

More bad press in the U.S. for CGI Group (TSX:GIB.A) is sound and fury, but it signifies nothing, says Cantor Fitzgerald analyst Justin Kew. Yesterday, the Boston Herald ran a salacious headline: “Massachusetts firing Obamacare contractor CGI”. Sarah Iselin, a VP with Blue Cross Blue Shield of Massachusetts, broke the news. “We have made the […]

CGI Group CEO Michael Roach talks to Cantech Letter

Roach on "We believe that CGI’s role and the facts surrounding this historical and complex initiative will become clear in the fullness of time."

One of the eternal frustrations with the media business is that a salacious scoop gets page one, and the retraction correcting all the things wrong with it comes a week later, on page 56. Sizzle sells. The facts? Sometimes not so much. Late last year, Montreal’s CGI Group (TSX:GIB.A) became embroiled in the fallout around […]

Espial Group still has upside, says Global Maxfin’s Garcea

Espial CEO Jaison Dolvane says the Ottawa-based company is gaining momentum.

Espial Group’s (TSX:ESP) surprise Q4 results aren’t an anomaly, says Global Maxfin analyst Ralph Garcea. Last Wednesday, after market, Espial released its Q4 and fiscal 2013 results. In the fourth quarter the company earned $100,000, or a penny a share on revenue of $3.9-million. Garcea expected the company would lose three-cents a share on revenue […]