Kris Thompson News
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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.
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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.
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Canadian stocks rose, erasing a loss for the year, as energy and technology shares gained after data showed the economy is on track for its fastest quarterly growth since 2011.
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Research In Motion Ltd. surged 18 percent, the most in more than three years, after National Bank Financial said new BlackBerry 10 phone sales should be better than expected.
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Research In Motion Ltd.’s decision to scrap service fees for some users is threatening its most profitable source of revenue, ending the BlackBerry maker’s three-month stock rally.
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Research In Motion Ltd. Chief Executive Officer Thorsten Heins, whose comeback plan has gained investor support in the past year, now faces the bigger test of winning over smartphone buyers.
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Research In Motion Ltd. jumped 14 percent in New York trading, following an 18 percent gain in Toronto yesterday on rising optimism over the BlackBerry maker’s newest smartphones.
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When Apple Inc. began offering $1,599 tickets to its developers’ conference last week, the event sold out in less than two hours. Research In Motion Ltd., whose BlackBerry expo starts today, is working a bit harder.
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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.
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Miranda Technologies Inc. jumped the most since the company was publicly listed in 2005 after the Montreal-based maker of broadcasting equipment agreed to be bought by competitor Belden Inc.
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