News, Views & Purviews

Archive for August 1st, 2007

WSJ says banks are finally pulling in credit horns

1 August 2007

I guess we aren’t quite yet seeing the final chapter to the credit crunch story. At least not today.
As you’ve read here repeatedly in the past (see posts “Moodys worried about slide in lending standards“, April 12-07, “Quote of the day“, June 21-07, “Bear Stears catches subprime cough, Australian corporate bonds get a cold“, [...]

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GMP research on GOOG, MSFT and RIM

1 August 2007

Here is today’s wireless research note from GMP’s equity research group:
Wireless Technology – Google, Microsoft, and RIM summary perspectives
FCC sets rules for spectrum auction and understanding Google’s perspective
The U.S. Federal Communications Commission officially voted on the rules governing the upcoming 700 MHz spectrum. There were no surprises relative to the original proposals put forth [...]

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Clarus research on Nightingale Informatix

1 August 2007

Here is what Clarus Securities published yesterday following the Q4 release by Fund III portfolio company Nightingale Informatix (NGH:TSXV):
“Q4/07 Results
Nightingale reported Q4/07 revenue of $3.4m and EPS FD of ($0.05). This compares with our forecast for $3.8m in revenue and ($0.02) in EPS FD. [...]

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Brutal venture capital stats for H1 2007

1 August 2007

It’s that time again to ask the question: which regions in Canada are raising venture capital?
The sample set is January-June 2006 2007, all venture capital (equity) invested in information technology firms. I backed out any identifiable venture debt deals.
National figures
- 50 transactions
- $355.3 million disbursed (17 deals didn’t disclose the size)
- 3 transactions involved [...]

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