Tuesday, July 23, 2013

Fiera Capital - FSZ.t

Fiera Capital - FSZ.t is a prominent Canadian investment management firm cultivating excellence in portfolio management and investment solutions.

With close to $66 billion in assets under management, the company is one of Canada’s leading investment managers.

On May 14, 2013 the company released Q1 Numbers

"Fiera Capital Corporation (TSX: FSZ) (“Fiera Capital” or “the Firm”), a leading independent Canadian investment firm, today reported its financial results for the first quarter ended March 31, 2013 (“the first quarter”).

Financial and Corporate Highlights

For the three months ended March 31, 2013:
Assets under management (“AUM”) increased by $7.5 billion, of which $6 billion comes from the UBS acquisition, to $64.5 billion from the previous quarter ended December 31, 2012 and by $35.8 billion compared to the quarter ended March 31, 2012.
Revenue increased by 95% to $30.2 million compared to the corresponding quarter ended March 31, 2012.
Earnings before interests, taxes, depreciation and amortization (“EBITDA”) increased by over 100% to $10.9 million compared to $3.4 million for the same quarter ended March 31, 2012.
The Firm recorded net earnings of $0.03 per share compared to a net loss per share of $(0.01) for the quarter ended March 31, 2012.
Adjusted net earnings for the period were $7.4 million or $0.13 (basic and fully diluted) per share, an 86% increase over adjusted net earnings of $2.6 million or $0.07 per share for the period ended March 31, 2012.






Friday, July 5, 2013

Tourmaline Oil Corp - TOU.t

Tourmaline Oil Corp - TOU.t is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin.

On July 4, 2013 the company released NEWS

"Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is pleased to announce that the Spirit River Charlie Lake oil and gas pool has evolved into a major new hybrid resource play with significant reserve and production upside. This major expansion of the Triassic Charlie Lake play combined with the successful consolidation of the associated prospective land opportunity have created a third major core operating area for the Company, complementing the NEBC Montney complex and the Alberta Deep Basin."