Business

COM DEV Stock Upgraded on New Order

COM DEV (TSE:CDV) which on October 10th announced its largest commercial contract of $65 million ever, saw its stock target price boosted to $5.00 from $4.75 the next day by Canaccord Genuity. The renewed confidence in the company comes as analysts believe the company has rebounded from the lows of 2011.

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Austerity Budget Won't Help Space Sector

For those in the space sector hoping that this Thursday’s federal budget would provide some new programs or spending, the tea leaves we’re reading say otherwise. In fact with an austerity budget on tap the Canadian Press is reporting that discretionary spending will be down.

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