IPOs

Toronto’s tech buzz is awesome, but results are what will ultimately matter

By any measure, Canada’s venture capital market, and the ecosystem as a whole, appears to be on fire. I can’t think of a time over my 10+ years of blogging when I might have said that, which is notable in its own right. Choose your own metric: number of industry events, flow of equity, s ...

Hashtag Trending – Firefox Quantum, Facebook says ‘send nudes’, Reddit IPO

Mozilla releases a new version of Firefox that it says is faster than Google’s Chrome. You won’t believe who wants your nude photos – it’s Facebook. And Reddit is preparing an IPO. Trending on Product Hunt is Firefox Quantum. The browser upgrade promises to be the fastest version of ...

Spinoffs, Takeovers & Special Situations Hotline – Friday, November 10, 2017

STELCO HOLDINGS INC., $19.31, symbol STLC on Toronto, began trading after its IPO on Friday, November 3. The company is a steel producer based in Hamilton. The shares rose 13% on the first day of trading, and are now up 13.6%. Stelco raised $200 million in an initial public offering at $17 a share, ...

The Top 10 rejected blockchain business ideas

And now, on with the blockchain revolution! How hot is blockchain right now? Rumour has it that over 26,000 blockchain-related projects were started up last year on the software collaboration platform GitHub, an impressive number, considering only eight per cent of these are still actively maintain ...

Spinoffs, Takeovers & Special Situations Hotline – Friday, November 3, 2017

NEWMARK GROUP, has now filed the preliminary paperwork for an initial public offering (IPO) on the Nasdaq exchange under the symbol NMRK. Newmark provides a full range of commercial real estate services to both owners and tenants from its 120 offices in 90 cities across North America. The company w ...

Real Matters has 60% upside, Canaccord Genuity says

Real Matters CEO Jason Smith After attending a key industry conference, Canaccord Genuity analyst Robert Young remains bullish on Real Matters (TSX:REAL). Young attended the Mortgage Banker Association’s (MBA) Annual Convention in Denver, which took place from October 22-25 and yesterday releas ...

These three techs have a high likelihood of being acquired: Canaccord Genuity

With Canada’s tech IPO window still curiously closed the M&A activity that has defined the sector for some time may accelerate with a recovering U.S. dollar, says Canaccord Genuity analyst Robert Young. In a research report to clients today, Young addressed the issue of Canadian techs being boug ...

Private Equity's Asset-Stripping Boom?

Wolf Richter of Wolf Street blog posted a comment, Asset-Stripping by Private Equity Firms Is Booming: Here are the numbers. Peak chase-for-yield by institutional investors?Most of the brick-and-mortar retailers that have filed for bankruptcy protection to be restructured or liquidated over the pas ...

Solium Capital gets price target raise at Laurentian

A new acquisition has Laurentian Bank Securities analyst Nick Agostino feeling bullish about Solium Capital (TSX:SUM). On Tuesday, Solium Capital announced that it had acquired Capshare, which it described as a “a high-growth cloud platform for cap-table management, electronic-share tracking, mo ...

New stock issues: Seek spinoffs over IPOs

New stock issues can be in the form of a spinoff or an IPO. One option is a much better investment than the other. We can say without reservation that, in investing, spinoffs are the closest thing you can find to a sure thing. It all comes down to the incentives. Companies issuing new stock […] T ...