BlackBerry Ltd.’s swelling inventory of unsold smartphones is approaching the $1 billion mark, raising the chance the company will make its fourth writedown in two years when it posts earnings next week.
Avigilon Corp.’s 91 percent rise since its trading debut has made it the best performing Canadian initial public offering in the past 12 months. The chief executive officer of the video surveillance company said the era of high-tech monitoring has barely begun.
Open Text Corp. Chief Executive Officer Mark Barrenechea, taking a page from former boss Larry Ellison’s merger playbook at Oracle Corp., is planning to expand the Canadian software maker by going shopping again.
Canadian stocks rose for a fifth day as Research In Motion Ltd. gained the most in more than three years and better-than-expected Chinese manufacturing data indicated the world’s second-largest economy is rebounding.