Shares of Calgary-based Computer Modelling Group (TSX:CMG) have been steadily rising for much of 2012, lifting the company’s stock from a little more than $14 in January to recent highs over $20. Industrial Alliance Securities analyst Steve Li likes Computer Modelling Group, but thinks the company’s valuation has become overextended. Li says that CMG’s trading [...]
Sierra Wireless (TSX:SW) released its fiscal year 2011 results. Revenue for the year ended December 31, 2011 was $578.2 million, a decrease of 11% compared to $650.3 million for the year ended December 31, 2010. Jason Cohenour, Sierra Wireless’ President and CEO said “In the second half of 2011, we delivered improved operating results compared [...]
OK, we’re not talking Silicon Valley, here. But the idea that Alberta is all oil sands, grass fed beef and hard back checking left-wingers isn’t the whole truth, either. Like most Canadian provinces, Alberta’s technology is a mix of sub-sectors, but there’s a vein of the hardscrabble prairie life running through many of its tech [...]
In the US, they’re talking about another tech bubble. With LinkedIn, Pandora and Zillow already public and Facebook, Groupon, Twitter and FourSquare surely not far behind, the valuations are off the charts. In Canada, however it’s a different story. Canadian listed technology companies are still struggling in the considerable shadow of resource plays. So what would it take for tech to heat up again in Canada? This month, we look at three sparks that could ignite a tech rally on this side of the border.
This is Part Two of a three-part article called Tech Sparks, which examines sub-sectors of Canadian technology that could spark a more general revival. For Parts One and Three follow the links at the end of the story. When you think of oil in Saudi Arabia or Texas what image comes to mind? For most [...]
Play the word association game with the phrase Canadian Software and some are immediately reminded of the days when Corel’s WordPerfect looked like it was going to be the Pepsi to Microsoft’s Coke. While those days have gone the way of the leg warmer (what they’re back?), Canadian software companies have more than stepped up [...]
In a now famous 1959 speech, John F. Kennedy, many leading linguists believe, misinterpreted the meaning of the Chinese word for crisis. The word is composed of two characters, he said, “One represents danger, and the other represents opportunity”. But this is mere historical nitpicking. JFK’s point stands for Presidents, motivational speakers and, not least of all, for technology. The high-profile visit of uber-environmentalist Jim Cameron to Alberta’s oil sands last month brought home the point that the world is expecting the industry to change and adapt -to make opportunity from its real or perceived crisis. This month we profile Canadian technology stocks that are changing the world of oil and gas by applying world class technology solutions.
Canadian 3D Beyond TV There’s more to 3D than television. And right now, there are several Canadian 3D technology stocks exploring the possibilities of the technology in the medical and mining fields, for instance. While most of the companies profiled below are still at the earlier stages of their journey, there is a least one [...]
The Dividend 10: Canada’s top Dividend Paying Tech Stocks One only has to look to some of Canada’s largest tech companies to learn that the subject of tech stocks declaring a dividend, especially those loosely classified as growth stocks, is a contentious issue. At CGI Group’s (TSX:GIB.A) annual general meeting this past January the Globe [...]