Wi-LAN restructuring gets thumbs up at Paradigm

Wi-LAN CEO Jim Skippen.

A restructuring that will see Wi-LAN (TSX:WIN, Nasdaq:WILN) boss Jim Skippen delay his retirement and stay on for at least three more years is getting the thumbs up from Paradigm Capital analyst Daniel Kim. Yesterday, Wi-LAN reported its Q3, 2015 results. The company earned (U.S.) $829,000 on revenue of $21.4-million. Wi-LAN also announced a corporate […]

Telus enjoys tailwinds on wired but faces headwinds on wireless, says Euro Pacific

Telus CEO Darren Entwistle in Vancouver, October 2, 2015.

Euro Pacific analyst Rob Goff says Telus (TSX:T) remains his favourite Canadian telco, despite some challenges in its wireless business. On Thursday, Telus will report its Q3, 2015 results. Goff expects the company will earn $0.65, with EBITDA of $1.11-billion on revenue of $3.19-billion, in-line with the street’s expectation of EPS of $0.65, EBITDA of […]

Rogers Communications gets price target raise from Euro Pacific’s Goff

Byron Capital analyst Rob Goff says industry consolidation and increased data usage is improving the climate for Canada's wireless players, and Rogers Communications stands to benefit greatly from these trends.

Better sentiment towards an increasingly competitive cable offering should help stabilize Rogers Communications’ (TSX:RCI.B) third quarter results, says Euro Pacific Canada analyst Rob Goff. In a research update to clients Wednesday, Goff maintained his “Buy” rating on Rogers Communications, but raised his one-year target price from $50.00 to $52.00, implying a return of 12.6% at […]

Wi-LAN rises after reaching patent settlement with Xerox


Shares of Wi-LAN (TSX:WIN, Nasdaq:WILN) are up today after the company announced its subsidiary, Open Network Systems Inc., had entered into a patent license agreement with Xerox. Although terms of the deal are confidential, management said it covered printers, POS devices, and Smart TVs. The deal is part of Wi-LAN’s licensing partnership model that sees […]

Quebecor is a buy, says Euro Pacific’s Goff

Quebecor said it expects annual savings of $45 million from a new operational and management approach at its newspaper publishing arm. As part of the restructuring, Sun Media has closed two Ontario-based publishing facilities and cut 500 jobs.

A minority repurchase of shares demonstrates the kind of execution that makes Quebecor Media (TSX:QBR.B) a buy, says Euro Pacific Canada analyst Rob Goff. Yesterday, Quebecor announced that it had purchased for cancellation 7,268,324 common shares of Quebecor Media held by Capital d’Amerique Investissements (CDPQ). Following the transaction CDPQ holds an 18.93% interest in Quebecor. […]

Telus gets price target raise at Euro Pacific Canada

telus headquarters

Euro Pacific Canada analyst Rob Goff is feeling a little more bullish about Telus (TSX:T, NYSE:TU). On Friday, Telus reported its Q2, 2015 results. The company earned $341-million on revenue of $3.1-billion, a topline that was up 5% over the same period last year. “Our strong second quarter results demonstrate the significant benefits of the […]

The bulldog is back: Darren Entwistle returns as Telus boss


Darren Entwistle, who guided a spectacular rise at Telus (TSX:T, NYSE:TU) after joining the company in 2000, is back. After deciding he didn’t want to move his family to Western Canada, Joe Natale is stepping down as president and CEO after the telco company’s board decided they need their boss to be there. “Since joining […]

Laurentian lowers price target on BSM, maintains buy rating


A softer than expected third quarter has led Laurentian Bank Securities analyst Nick Agostino to lower his price target on BSM Technologies (TSXV:GPS). Yesterday, BSM reported its third quarter, 2015 results. The company lost $522,000 on revenue of $7.7-million, up 19% over the $6.4-million topline the company reported in the same period last year. “Top-line […]