AASTRA TECHNOLOGIES $37.48 – Toronto symbol AAH

AASTRA TECHNOLOGIES $37.48 (Toronto symbol AAH; TSINetwork Rating: Speculative) (905-760-4200; www.aastra.com; Shares outstanding: 11.8 million; Market cap: $430.6 million; Dividend yield: 2.1%) has jumped over 80% since we recommended it in our last issue.
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The stock surged because Aastra agreed to a friendly takeover… Read More

MITEL NETWORKS $11.40 – Toronto symbol MNW

MITEL NETWORKS $11.40 (Toronto symbol MNW; TSINetwork Rating: Extra Risk)(613-592-2122; www.mitel.ca; Shares outstanding: 120.3 million; Market cap: $1.4 billion; No dividends paid) develops and markets products centred on business telephone systems, including technology that integrates land lines and mobile phones. The company also offers call… Read More

Activist a plus for Mitel stock

MITEL NETWORKS $10.54 (Toronto symbol MNW; TSINetwork Rating: Extra Risk) (613- 592-2122; www.mitel.ca; Shares outstanding: 120.2 million; Market cap: $1.3 billion; No dividends paid) recently jumped after activist investor Elliott Management disclosed stakes in Mitel and Polycom Inc. (symbol PLCM on Nasdaq).

Elliott is urging… Read More

MITEL NETWORKS $10.54 – Toronto symbol MNW

MITEL NETWORKS $10.54 (Toronto symbol MNW; TSINetwork Rating: Extra Risk)(613- 592-2122; www.mitel.ca; Shares outstanding: 120.2 million; Market cap: $1.3 billion; No dividends paid) recently jumped after activist investor Elliott Management disclosed stakes in Mitel and Polycom Inc. (symbol PLCM on Nasdaq).

Elliott is urging the companies… Read More

Big new market boosts Mitel’s appeal

MITEL NETWORKS $10.41 (Toronto symbol MNW; TSINetwork Rating: Extra Risk) (613-592-2122; www.mitel.ca; Shares outstanding: 120.0 million; Market cap: $1.2 billion; No dividends paid) develops and markets products centred on business telephone systems, including technology that integrates land lines and mobile phones. The company also offers… Read More

MITEL NETWORKS $10.41 – Toronto symbol MNW

MITEL NETWORKS $10.41 (Toronto symbol MNW; TSINetwork Rating: Extra Risk)(613-592-2122; www.mitel.ca; Shares outstanding: 120.0 million; Market cap: $1.2 billion; No dividends paid) develops and markets products centred on business telephone systems, including technology that integrates land lines and mobile phones. The company also offers call… Read More

Hi, Pat: Does the entry or addition of a stock into the S&P/TSX Composite Index have any impact on its share price? I continue to benefit from your great service. Thanks.

Typically, changes to the indexes are announced a couple weeks before they come into effect.

Some academics have analyzed past price movements and concluded that after the announcement is made and before the effective date, stock prices typically rise for companies added to indexes and… Read More