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What To Watch In The Canadian Markets This Week

Published 2019-09-23, 07:54 a/m
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DHX Media reports Monday

One of the world’s largest producers of children’s shows, Halifax-based DHX Media Ltd (TSX:DHX) (NASDAQ:DHXM) reports fourth-quarter earnings on Monday.

DHX owns the largest independent library of children’s content, and licenses it to broadcasters and streaming services around the world. Among its stable of titles is Peanuts, Teletubbies, Strawberry Shortcake, Caillou and Inspector Gadget.

Year-to-date, its stock price has dropped almost 30%. At the end of August, Eric Ellenbogen was named CEO and vice-chairman of the board of directors.

With all the action in the entertainment streaming sector, this might be a company investors will like to put on their watch list.

Blackberry (TSX:BB) reports Tuesday

BlackBerry Ltd (TSX:BB) will unveil its second quarter earnings before the opening bell on Tuesday. The one-time smartphone-manufacturer-turned-cybersecurity-software-leader will be reporting for the period ending Aug. 31.

Last quarter, the company, headquartered in Waterloo, Ont., reported sales of $247 million

For the last four quarters it has beat analyst earning estimates, but despite that performance, the stock has taken a bit of a hit. It has shown a return of -25.5% in the last year with an earnings per share of -0.11.

In late June, Blackberry stock took a month-long drop, loosing 22.9% before starting to rebound in the latter half of July. Since that time, it has regained just over 9%. It closed last Friday at $10.01.

The company aims to be the world’s largest artificial intelligence-cybersecurity company.

Who’s Who of Canadian Business at Elevate Conference in TO

The Elevate tech conference gets underway Monday in Toronto. And beside the marquee speakers ­– former U.S. First Lady Michelle Obama, Canadian astronaut Chris Hadfield and American lifestyle maven Martha Stewart ­– the lineup of speakers reads like a who’s who list of Canadian and international tech movers and shakers.

Among the 300 speakers are: former Dragon’s Den member Bruce Croxon, managing partner at Round 13 Captial; Melinda Rogers, deputy chair of Rogers Communications; Gillian Riley, president and CEO of Tangerine; Ryan Holmes, founder and CEO of Hootsuite; Jennifer Jackson, president of Capital One Canada; Dan Doctoroff, CEO of Sidewalk Labs; Chris Slow, founding engineer of reddit; Alex Hood, chief product officer with Asana; Sabrina Geremia, Canadian vice-president of Google (NASDAQ:GOOGL); Erin Elosfson, Canadian manager of Pinterest; and Paul Burns, managing director of Twitter.

Canadian companies reporting this week:

Monday:

Advantage Marketing International

CanAlaska Uranium

Cymat Technologies

DHX Media

Eastmain Resources

Le Chateau

Resverlogix Corp

Sprott Physical Gold and Silver Trust

Tuesday:

Blackberry (TSX:BB)

Blackline GPS

Wednesday:

AGF Management

Goodfellow Inc.

H20 Innovation Inc.

Monument Mining

Resource Capital Gold

Thursday:

Canada Energy Partners Inc.

Uranium Participation Corp

Vecima Networks Inc.

Friday:

Boyuan Construction Group

District Copper

Parkit Enterprises

Sirona Biochem Corp.

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