• 5:32 PM

    On Thursday, before market opened, DragonWave (NASDAQ:DRWI) released first quarter results last night. Results remained in-line with updated outlook. Revenue of $26.3 million was in line with updated outlook of $27 million. EPS -$0.08 was in-line with our expectation for -$0.09. Two customers each represented more than 10% of revenue. Nokia comprised 52% of revenue,

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  • 5:19 PM

    On Tuesday, before the market opened, Vicwest Inc. (TSE:VIC) delivered fourth quarter of 2014 Adjusted EBITDA of $12.3 million in-line with our forecast of $12.9 million and ahead of consensus estimates of $10.1 million. Management noticed that the sale of Vicwest to Kingspan and Ag Growth for $12.70 per share is proceeding well. Shareholders have

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  • 5:29 PM

    After markets closed on Wednesday, we have started coverage on the common shares of Concordia Healthcare Corp. (TSE:CXR) with a “Sector Outperform” rating and a 12 months target price of $90.00 per share. Concordia’s preliminary strategic focus is to acquire products that generate durable cash flow, have some possible for growth, and have firmly established

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  • 5:13 PM

    During Intraday hours; Stornoway Diamond Corporation (TSE:SWY) declared that it has successfully finished the drawdown of the first $80 million tranche of its $250 million diamond stream; illustrating that construction of Renard remains on schedule and on budget. The timing of this payment is in-line with our modeling assumptions. Recall, as part of the C$946

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  • 4:53 PM

    We are raising Sabesp (BVMF: SBSP3) to “Sector Outperform” rating and raising our price target to R$22 (increased by 5%); while risk assessment remains “Medium”. First quarter reservoir inflows were good, in spite of readings in the Cantareira system that were yet lower than long-term averages. Overall, the main São Paulo (SP) reservoirs now demonstrate

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  • Performancesportsgroup-40546153
    3:42 PM

    Performance Sports Group Ltd. (NYSE:PSG) is expected to report next quarter results. We are looking for sales of $141.7 million, EBITDA of $15.6 million, and EPS of $0.10 versus consensus of $135.5 million, $15.5 million, and $0.11 correspondingly. We have adj. our estimates mainly due to changes to our assumptions associated to seasonality, timing of

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  • 5:20 PM

    Mountain Province Diamonds declared the successful completion of its C$95 million rights offering, resulting in the issuance of 23.76 million common shares. A total of 22.08 million common shares were subscribed for under the basic subscription privilege, with the rest 1.68 million shares being filled via the additional subscription privilege. A total of 4.01 million

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  • 2:39 PM

    After market closed, First Majestic Silver Corp (NYSE:AG) delivered a preliminary reserve & resource forecast and NI43-101 technical report for the La Guitarra mine. We rate First Majestic “Sector Perform” with a $7.00 12 months target price while risk assessment remains “High”. The long-awaited technical report provides a comprehensive overview of the La Guitarra project

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