Page 42 - Open Text News Today

OpenText reports US$65.5-million loss, 10 per cent revenue spike in second quarter Tara Deschamps Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Kevin Van Paassen/The Globe and Mail A month after OpenText Corp. settled an 11-year U.S. tax saga in the middle of the COVID-19 pandemic, its chief e...

WATERLOO, Ont. — OpenText Corp. says it incurred a US$65.5 million net loss in its latest quarter despite revenues climbing by more than 10 per cent when compared with a year ago.The Waterloo, Ont.-. . .

Image source: Getty Images Investors are starting to see valuations get stretched for some of the top Canadian stocks. We’re seeing some top tech companies valued today at price-to-sales ratios above 50. I’m not saying we’re in a tech bubble, but Canadian investors do need to be careful with how heavily their portfolios are weighted towards high-growth companies with expensive valuations.  Even though some investors are calling for the bubble to burst, there are still...

The Daily Chase: Oil extends rally; BCE boosts dividend and spending plans VIDEO SIGN OUT West Texas Intermediate is inching ever closer to US$60 per barrel as oil extends a rally that’s seen the price nearly double since late April. OPEC+ injected some additional optimism into the market yesterday, with its claim of 101 per cent compliance with production quotas. We’ll continue gathering market intel on crude’s rally juxtaposed against the still-daunting threat of COVI...

The Daily Chase: Oil extends rally; BCE boosts dividend and spending plans VIDEO SIGN OUT West Texas Intermediate is inching ever closer to US$60 per barrel as oil extends a rally that’s seen the price nearly double since late April. OPEC+ injected some additional optimism into the market yesterday, with its claim of 101 per cent compliance with production quotas. We’ll continue gathering market intel on crude’s rally juxtaposed against the still-daunting threat of COVI...

Brian Maddens Top Picks: Feb. 3, 2021 BNN Bloomberg VIDEO SIGN OUT FOCUS: Canadian stocks MARKET OUTLOOK: With the transition of presidential power complete, investors can breathe a sigh of relief knowing that an endless string of nonsensical tweets are unlikely to roil markets as they did over the preceding four years and can return their focus to macroeconomic and company specific fundamental analysis. Not all are doing so, however, with retail investors in particular creating a sides...

Image source: Getty Images As the latest corporate earnings season has already started, many Canadian companies are preparing to announce their latest quarterly results this week. These earnings will help investors set realistic future growth expectations from these companies for 2021 and beyond. That’s why investors and analysts will be watching these earnings closely. Many companies from the tech industry have seen remarkable growth in the last year, despite the global p...

2020 has given us a contentious political environment, a deepening economic crisis, and most notably a global pandemic. Disinformation has wreaked havoc in our ability to discern fact from the truth, ransomware has delivered real-world consequences (https://www.silicon.co.uk/security/cyberwar/patient-dies-hospital-ransomware-347825), and insider leaks continue to expose privacy concerns despite increased adoption of privacy laws across the globe. Within the information security industry, we ent...

I’m a person who knows a lot about how computers and software work, is generally curious, and reads fast. I’ve been wrong about lots of things over the years. But there have a been a few times when a combination of technology-literacy and just paying attention to the world have made me 100% sure that I was seeing something coming that many others weren’t. Here are a few of those stories. The reason I’m telling them is that I’m in another of those moments, seeing somet...

The next stock market crash is practically here, so prepare with these stocks today and become a millionaire in no time!