Liquidation World
Toronto symbol LQW, operates a chain of stores that liquidate merchandise.
RDM CORPORATION $1.39 (Toronto symbol RC; SI Rating: Speculative) (519-746-8483; www.rdmcorp.com; Shares outstanding: 21.5 million; Market cap: $28.8 million) provides software and hardware products for electronic payment processing, mainly in the United States. RDM’s Image & Transaction Management System lets banks scan all types of checks, and then route them to any location for immediate electronic processing.
RDM is introducing a …read more »
LIQUIDATION WORLD $2.81(Toronto symbol LQW; SI Rating: Speculative) (1-877- 728-3289; www.liquidationworld.com; Shares outstanding: 8.2 million; Market cap: $23.2 million) lost $3 million or $1.42 a share in the twelve months ended October 7, 2007, compared to a gain of $852,000 or $0.18 a share a year earlier. Sales rose 1.8%, to $212 million from $205.2 million.
Profits were hurt by the …read more »
YAMANA GOLD $12.65 (Toronto symbol YRI; SI Rating: Speculative) (416-815-0220; www.yamana.com; Shares outstanding: 353.8 million; Market cap: $4.5 billion) has extended its hostile $3.2 billion takeover bid for Meridian Gold. About 34.3 million shares or 34% of Meridian shares were submitted by September 11, but two-thirds of Meridian shares are needed to approve the Yamana bid.
Yamana is offering Meridian shareholders …read more »
LIQUIDATION WORLD $4.47 (Toronto symbol LQW; SI Rating: Speculative) (1-877- 728-3289; www.liquidationworld.com; Shares outstanding: 8.2 million; Market cap: $36.9 million) reports revenues in the three months ended July 1, 2007 were $46.5 million, down 5.6% from a record $49.2 million a year earlier. The company hasn’t reported its earnings yet. However, it buys most of its products in the United …read more »
INDIGO BOOKS & MUSIC INC. $16.82 (Toronto symbol IDG; SI Rating: Speculative) (416-646-8965; www.chapters.indigo.ca; Shares outstanding: 24.6 million; Market cap: $414.6 million) is the largest book retailer in Canada. It operates stores in all 10 provinces and also sells through its Chapters and Indigo web sites. Indigo acquired money-losing Chapters Inc. in 2001.
Indigo operates 88 superstores under the banners Chapters, …read more »
