eR Reports Archives - Page 15 of 96

Digital-First Strategy and Tactical Consolidation Drives EBITDA Growth at DCM

August 16, 2021 Chris Thompson

DCM is a Canadian-based communications and marketing solutions provider that offers comprehensive online and offline communications and marketing solutions to businesses. The Company is implementing a “Digital-First” strategy and leveraging its existing platforms for direct-to-print applications, marketing and workflow management, and Digital Asset Management (DAM) solutions. We are Initiating Coverage on DCM with a Buy rating and one-year price target of $3.60/share. [more]

Penn National to Acquire Score Media and Gaming for $2.0B

August 15, 2021 Israel Pinheiro

In a cash and stock transaction, Penn National to acquire Score Media and Gaming for $2.0 billion. The deal creates a leading digital sports content, gaming, and technology company in North America. [more]

Recent Mining Deals Score Big as M&A and Pre-Production Raise Required Cash

August 13, 2021 Chris Thompson

With higher commodity prices, mining deals and M&A remained strong this summer with some of the larger deals earmarked to get companies closer to production. [more]

Lucid Motors Completes Merger with Churchill Capital Corp SPAC to List on NASDAQ

August 12, 2021 Israel Pinheiro

With significant expertise in the automotive and technology industries Lucid Motors merges with a SPAC from Churchill Capital, and raises $4.4 billion to boost its growth and manufacturing capacity to launch its EV later this year. [more]

Taboola Acquiring Connexity for $800M to add Personalized Recommendations to e-Commerce Platform

August 10, 2021 Chris Thompson

Taboola, a leading content discovery and native advertising platform, entered into an agreement to acquire Connexity, a performance-marketing technology company, for $800 million. [more]

Zoom Continues to Build Post-Pandemic Company with Five9 & Kites Acquisitions

August 9, 2021 Israel Pinheiro

Zoom entered into two definitive agreements to acquire Five9, a leading contact center software based on cloud technology, for $14.7B and Kites, which provides real-time Machine Translation solutions. [more]

Easing of Pandemic Restrictions Accelerates mCloud’s Customer Onboarding & International Expansion

August 6, 2021 Chris Thompson

The easing of COVID pandemic restrictions has improved access to customer sites, and the pace of customer onboarding for mCloud is expected to accelerate in the US and Canada. The partnership with URBSOFT should help bring AssetCare™ to the oil & gas, retail, and real estate markets in the Middle East. [more]

Seasonality Trends for August 2021

August 1, 2021 Bob Weir

The summer months typically are bearish months for the stock market. In our opinion, this scenario now seems to be unfolding. This month, August sees SIX new additions to the positive seasonality trends, EIGHT indexes/sectors have left the “podium”, and THREE are leaving later this month. Our complete chart is presented at the bottom of the article. [more]

Top Ten Dividend Yield Portfolio Up 7.2%

July 31, 2021 Bob Weir

The value of the Portfolio on July 30 was $535,900, up 7.2% from the $500,000 initial investment. For comparative purposes, the S&P/TSX Composite Index gained 2.8% since inception. [more]

NASDAQ Listing & $100M Sales Guidance Fuels Peak’s H2/21

July 30, 2021 Chris Thompson

Stock price up over 700% year-over-year. Peak’s management believes that the NASDAQ listing will attract new tech-centric institutional shareholders. Peak releases Revenue & EBITDA guidance and forecasts revenue of $104M in 2021 with EBITDA of $12.5M, ramping up to $624M of revenue in 2023 with EBITDA of $155M. Recent $52.6M financing to “unlock” new expansion and partnership opportunities. We are increasing our one-year target price to $11.00 from $4.80. [more]