Archive for July, 2011
VC gets huge win from EcoSynthetix IPO
28 July 2011Delightful news in a tough market.
EcoSynthetix, a Canadian clean tech / nano play, has successfully raised $100 million for its initial public offering. As I think back, I can’t recall too many triple digit Innovation Economy Canadian IPOs of late. Let alone any domestic VC IPOs with a $450 million pre-money value! [...]
“Clear and Present Danger”
28 July 2011If it worked for President Bennett in that fabulous movie, perhaps U.S. President Barack Obama should ask the White House Counsel’s office to prepare the necessary paperwork to declare the pending debt ceiling nightmare a “Clear and Present Danger” to the national security of the United States.
Between Afganistan, Iraq, and the DHS/TSA/FBI/CIA War [...]
Commercial bank lending jumps $2.5 billion in June
27 July 2011Not quite a yo-yo, but Canadian Chartered bank lending volumes have been volatile during the past three months.
Through the beginning of 2011, Canadian businesses had borrowed about $5 billion in additional bank debt. In May, the outstanding level fell more than a billion, but things happily turned around in June. The [...]
Mark McQueen co-hosting BNN at 3pm today
26 July 2011[ July 26, 2011; 3:00 pm to 3:45 pm. ] For those of you near a television today at 3pm, Mark McQueen will be co-hosting ‘Business Day’ on BNN with Kim Parlee where they will examine all of the day’s trading action.
LFC
One man’s “competition” is another’s opportunity
18 July 2011Dateline: Boston
The news about the “winding down” of a competitor is never nice to hear, and it is unfortunate that many of our confreres at MMV Financial have been laid off over the past two weeks — as is now being reported in the Private Equity wires. In a relatively small space such as [...]