Archive for December, 2011
Not so fast, easyhome!
27 December 2011The pre-Christmas week is a quiet one on Bay Street. Stocks barely trade. Client lunches last until mid-afternoon; if you can actually get a reservation anywhere half-decent. The underground network of stores try to squeeze as much as they can out of their patrons — all at full price.
It [...]
Maybe Zuck can give Canada a National Securities Regulator
23 December 2011The Surpreme Court may have told Finance Minister Jim Flaherty that it’s still 1867 as far as they are concerned, but that doesn’t mean that the National Securities Regulator is as dead as a Monty Python parrot. It’s just sleeping, provided that Facebook Canada’s Jordan Banks swings into action. I wish I’d thought [...]
How RIM can squeeze the shorts
21 December 2011With 38 million shares short as of the end of November (hat tip NBF research analyst Kris Thompson), and Research In Motion (RIM:TSX) potentially in play against its wishes, what’s a CEO to do?
According to this morning’s Wall Street Journal, RIM’s “just say no defence” is based upon some unnamed sources close to RIM Co-CEO [...]
CPPIB Q2 2011 General Partner performance numbers
20 December 2011Here are the stats for some of the high profile GPs that count the CPP Investment Board as a direct limited partner (as at June ’11). Times appear to be very good in PE land, with continued updrafts on the NAV front, despite that fact that valuations in the public sphere are having a [...]
$100M+ acquisition of Dayforce in the works
19 December 2011On the heels of the Rypple acquisition announcement (see prior post “$65M for Rypple the latest good news for local VCs” Dec 15-11), the folks at Dayforce Workforce Management are about to trump last weeks’ news with their own takeover deal. Ceridian is the acquiror, I’m told, and the price tag will be “well [...]