Cindy Waxer

[Toronto, CANADA] In an effort to both mollify shareholders and flex its financial muscle, Chapters Inc. has announced it expects to generate revenues of $770-million (CDN) and EBITDA (earnings before interest, taxes, depreciation and amortization) of $60.8-million (CDN) in the upcoming fiscal year, which ends March, 2002. Chapter’s forecast arrives on the heels of a […]

[Toronto, CANADA] As if telling us something we didn’t already know, Merrill Lynch has declared 2000 “a tumultuous year for stock markets around the world.” According to a ranking by the Toronto-based financial services firm, only six of the world’s top 38 stock markets indices posted gains over the past 12 months. China’s Shanghai B […]

[Toronto, CANADA] Teen-targeted portals might be brimming with talk of Brad Pitt and the latest in Tommy Hilfiger garb, but the companies who run such sites are struggling to stay alive. Beauty and fashion teen site Kibu closed its doors after less then two months. San Francisco-based Snowball, which owns teen-girl portal ChickClick, has whittled […]

[Toronto, CANADA] Santa Claus has been good to Look Communications Inc. this holiday season. The Toronto-based wireless broadband carrier has announced that The Bank of Nova Scotia and Bank of Montreal have waived any defaults under Look’s $208 million (CDN) revolving credit facility with the banks until January 31, 2001. Look could use the break. […]

[Toronto, CANADA] If the on-ice exploits of overpaid and pampered major league hockey players have you turning to curling, why not pay a visit to MyHockeyStats.com. Launched by My Hockey Years Inc., the new site enables amateur hockey players and enthusiasts to track their personal progress online and in real-time. Interactive and the first of […]

[Toronto, CANADA] Online Direct Inc. has announced the appointment of David Cravit as president and chief executive officer. Cravit, who is a resident of Traverse City, Michigan, brings over 25 years’ experience in advertising, marketing and management to the position. He was formerly a partner in Saffer Cravit and Freedman Advertising, a retail specialist advertising […]

[Toronto, CANADA] Nascent millionaire Richard Hatch of the CBS hit series Survivor might have endured insufferable weather conditions and intolerable tests of endurance, but the cast of The Lofters is about to face the ultimate challenge – having one’s every move broadcast on a 24/7 Internet channel. After weeks of searching, auditioning and online voting, […]

[Toronto, CANADA] If CanadaMD and Malexa Corp. have their way, medical help-seekers won’t be yelling, ‘Is there a doctor in the house?’ but ‘Is there is a doctor online?’ Toronto’s CanadaMD, an online healthcare company, and Malexa Corp., a clinical trials site management organization, have signed a letter of intent to create a strategic alliance […]

[Toronto, CANADA] The legal wranglings between major record companies and digital music renegades might be far from over, but that hasn’t stopped EMI Music Canada from attempting to peddle its offerings online. The Canadian affiliate of EMI Recorded Music, EMI Music Canada has entered into a licensing agreement to stream catalogue and new release recordings […]

[Toronto, CANADA] Certain to ruffle the feathers of today’s self-proclaimed tech-savvy financial institutions, Internet quality measurement firm Gomez has released a study charging Canadian banks with “failing to meet the needs of their online banking customers.” Part-anathema, part-revelation, the study examined the online banking trends and market dynamics of almost 9,000 online adult users across […]