Canadian Technology Stocks and Startups
Global Maxfin analyst Ralph Garcea says Canada’s largest tech still has lots of room to grow. The story of Research in Motion’s fall from grace and tempered revival under a new name has, for those outside our country, been the story of Canadian tech for some time. But lost in the din of the BlackBerry [...]
Cormark analyst Richard Tse says CGI Group (TSX:GIB.A) has laid a lot of doubt about its Logica acquisition to rest. Yesterday, before market open, CGI reported its Q2, 2013 numbers. The company earned $114.2-million on revenue of $2.53-billion, a topline that was up 137% year-over-year. CEO Michael Roach said the massive integration task (Logica was, [...]
Cantor Fitzgerald analysts Tom Liston and Justin Kew say keep a close eye on CGI Group’s (TSX:GIB.A) margins. CGI will be reporting its Q2, 2013 results tomorrow morning before the market open, and the Cantor Fitzgerald analysts are a little less optimistic than the street consensus. The pair expect CGI will earn $213.8-million, or $0.45 [...]
It seems everyone showed up for RIM’s big party except for Mr. Market. On a day when the company revealed new devices that wowed the New York Times and impressed The Wall Street Journal’s Walter Mossberg, shares of the freshly minted BlackBerry (whose ticker symbol will, on Monday, change to BBRY on Nasdaq and BB [...]
Research in Motion, which recently stole back the title of Canada’s most valuable tech stock, is all over the headlines this week because of the launch of its BlackBerry 10 platform tomorrow in New York. But the company that briefly held the title, CGI Group (TSX:GIB.A), also has news tomorrow, as it will report its [...]
2012 was a tricky year. On one hand, continued lacklustre returns in the mining and metals sector should have opened up the door for Canadian tech stocks. A sector rotation, however, may have been nipped in the bud by the sheer lack of tech listings. This short list was made shorter this year by a [...]
Ask any CEO about his company’s most valuable asset, and he will, without fail, respond by telling you it is the employees of said concern. Is this just a platitude, or does it actually mean something? At the junior level, where companies might employ ten to fifty people, a charismatic CEO can indeed carry the [...]
CGI Group (TSX:GIB.A) yesterday reported its Q4, 2012 results. The company generated fourth-quarter revenue of $1.04-billion, representing year-over-year growth of 3.6%. Including the six weeks of Logica results, whose consolidation was effective August 20th, fourth-quarter revenue was $1.6-billion. CEO Michael Roach commented on the quarter and year. “I am pleased with our overall performance as [...]
This past summer, Canadian tech saw a changing of the guard as both Catamaran (TSX:CCT) and CGI Group (TSX:GIB.A) passed Research in Motion in the race to be Canada’s most valuable technology stock. While the recent resurgence of RIM has pressed it past CGI and into second spot, all eyes will be on the Montreal-based [...]
A changing of the guard. The struggles of BlackBerry-maker Research in Motion are better than well-documented, they have been cataloged in an almost gleeful manner by a financial press that seems to forget that similar dark clouds once hung over current tech stalwarts such as Apple and IBM. While RIM’s revenue has fallen in what [...]
