Home 2007 November

Did the feds just hand Teachers a MAC on BCE?

BCE Takeover part 24 First is was a soaring currency (see prior post “BCE Takeover part 23“, November 7-07). Then came a delay in the CRTC’s hearing timeline. The latest strike against BCE’s putative owners came in the form of the federal government’s decision to make it easier for competitors to eat away at the

 
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Emergis takes a bow

With the news just out of a Telus / Emergis deal (Genuity acted as advisor to Emergis), I’d encourage our enterprising i-banking friends to review our list of “Takeovers to come” from several months ago (see posts ending with “Takeovers to come part 2“, April 18-07). So far, we’ve called Cognos, Datamirror and Emergis correctly.

 
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When they say “that’s business”….

I’ve never quite understood what the phrase “that’s business” meant. Is it in the same vein as “all’s fair in love and war”? But even that’s not true, as the Geneva Convention bans certain war tactics. As for love, despite the promise underlying the slogan “all’s fair”, I never seem to get away with anything.

 
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Now about that correction

With the Dow Jones Index now down more than 10% from its high, the word “correction” has been bandied about. And so it should be. For some weeks now, we had been watching Citibank (C:NYSE) march down towards US$30, and it was fitting that the Dow crossed into correction territory on the same day that

 
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Westwind research on Nightingale Q2

This research note was put out by the equity research team at Westwind Partners: “Q2 Revenues Ahead; U.S. Traction Improving Insight or Development: NGH reported Q2/F08 revenues of $7 MM, just ahead of our estimate of $6.5 MM, and improving EBITDA margins. Traction in the U.S. is improving, while Ontario should ramp next year. Analysis:

 
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