Kinaxis pullback is a buying opportunity, says Laurentian

kinaxis

A sharp drop in the price of Ottawa-based supply chain management player Kinaxis (TSX:KXS) is an opportunity to buy a market leader at a reasonable price, says Laurentian Bank Securities analyst Nick Agostino. In a research update to clients today, Agostino maintained his “Buy” rating and one-year target price of $51.50 on Kinaxis, implying a […]

Angus Reid research shows Canadians open-minded but ill-informed about Uber

UberPoll

The Angus Reid Institute has released the results of their research into two companies central to the sharing economy, Airbnb and Uber, titled “Few Canadians support banning Uber; but most want it regulated the same as taxi industry”. Which means that while Canadians are certainly open to the idea of Uber joining the mix of […]

OpenText is building momentum, says Cormark

opentext hq

A better than expected second quarter has Cormark analyst Richard Tse feeling bullish about OpenText (TSX:OTC, Nasdaq:OTEX). Yesterday, OpenText reported its Q2, 2016 results. The company earned (U.S.) $87.74-million on revenue of $465.3-million. “The strength of fiscal 2016 Q2 shows the potential of digital transformation for our customers and the Open Text business model: Total […]

Vancouver’s Just10 launches privacy oriented, ad free social network

Just10

Vancouver-based Just10 has unveiled a new social network that promises to be ad free, to never track your movements for selling to third-party marketers, and to emphasize privacy through end-to-end encryption. And as the name suggests, you are limited to 10 friends. Anyway, how many of those people in your existing social network are actually […]

OpenText unveils Election Tracker ’16 bringing Big Data approach to U.S. race

PollTracker

Waterloo’s OpenText (NASDAQ: OTEX, TSX: OTC) has unveiled Election Tracker ‘16, an online tool that automatically scans thousands of news articles posted to global media outlets on candidates running in the U.S. presidential election, presenting the results in an interactive visualization that offers users insights into how Big Data sees the race. Election Tracker ’16 […]

Absolute Software’s Q2 was soft but the stock is still a buy, says Cormark

absolute software

A challenging second quarter has Cormark analyst Richard Tse feeling a little less bullish about Absolute Software (TSX:ABT), but the analyst still believes the stock offers compelling value. Yesterday, Absolute reported its Q2, 2016 results. The company earned (U.S.) $8.74-million on revenue of $21-million, a 4 per cent topline gain over the same period last […]

eSentire raises $19.5 million U.S. Series D round of funding

eSentire CEO J.Paul Haynes

Cambridge, Ontario developer of cybersecurity threat protection solutions eSentire Inc. has secured a $19.5 million U.S. Series D round of funding, co-led by existing investor Edison Partners and Georgian Partners with an assist from Cisco Investments, Northleaf Ventures Catalyst Fund, and new investor Information Venture Partners II, LP. “Edison Partners has made previous investments in […]

Foodee raises $6 million Series A to expand food delivery into U.S. market

Foodee

Vancouver food delivery start-up Foodee has raised $6 million in Series A funding from BDC Capital to accelerate its growth into the U.S. market. Foodee distinguishes itself from consumer-facing food delivery services by focusing on group business lunches, a market that the company estimates to be about $10 billion. Orders can be placed in advance […]

Laurier University students take Thomson Reuters Best Use of Data challenge at Waterloo Hacks

Scott King and Vaughan Hilts flanked by Clayton Feick and Brian Zubert of Thomson Reuters's data lab. (Photo: Meghan Thompson)

Two Wilfrid Laurier University computer science students, Scott King and Vaughan Hilts, have won the Thomson Reuters Challenge for Best Use of Data at the Waterloo Hacks competition, a hackathon staged at the University of Waterloo’s new 6,000 square foot Velocity Start facility, aimed at post-secondary students held from January 24 to 26. The duo’s […]

Regina’s GasBuddy opens Boston office, appoints new CEO, plans expansion

GasBuddy

Regina gas price monitoring website and app developer GasBuddy has opened a Boston office, near North Station, and appointed Walt Doyle as its new CEO as well as making several key executive hires. Co-founders Dustin Coupal and Jason Toews will step back from day-to-day leadership roles but will stay on as advisors on product and […]