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Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

Torstar Corp. (TS.B-T) said fourth-quarter revenue dropped a larger-than-expected 12 per cent to $188.4-million. Analysts' on average had expected revenue of $210.3-million, according to Thomson Reuters I/B/E/S.

Net income attributable to shareholders was $1.3-million, or 1 cent per share, in the quarter ended Dec. 31, compared with a loss of $234.8-million, or $2.91 per share, a year earlier.

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On an adjusted basis, the company earned 16 cents per share.

Analysts on average had expected Torstar to earn 8 cents per share, according to Thomson Reuters I/B/E/S.

Torstar said Chief Executive Officer David Holland, whose retirement was announced in July, will step down on Friday, and that a successor will be announced very soon.

(Reuters)

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Kinaxis Inc. (KXS-T) reported fourth-quarterrevenue of $30.3-million (U.S.), up 25 per cent from $24.2-million for the same period in 2015.

Profit for was $1.7-million or 7 cents per share compared to $1.3-million or 5 cents a year earlier.

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Analysts were expecting revenue of $30.6-million.

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First National Financial Corp. (FN-T) said fourth-quarter revenue rose 16 per cent to $290.7-million from $250-million a year ago.

Net income $71.8-million was $1.18 per common share, up 75 per cent from $41.1-million or 66 cents a year ago

Its board also increased the common share dividend to the annual equivalent of $1.85 per share, a 9-per-cent increase over the current annualized rate of $1.70 per share.

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Sleep Country Canada Holdings Inc.(ZZZ-T) said fourth-quarter revenues increased 13.7 per cent to $135.4-million compared to $119.1-million a year earlier

Same-store sales growth year-over-year was 9.6 per cent, the company said.

Net income was $11.2-million or 30 cents per share compared to $8.6-million or 16 cents a year earlier.

"The increase in net income was primarily due to growth in EBITDA [earnings before interest, taxes, depreciation, and amortization] and lower finance related expenses and a decrease in income tax expense," the company said.

Adjusted earnings per share was 31 cents, up from 23 cents a year earlier.

Analysts were expecting revenue of $133.9-million and earnings of 29 cents per share.

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Avigilon Corp. (AVO-T) reported fourth-quarter revenue of $102.2-million, up from $81.4-million a year earlier.

Net income was $4.4-million or 10 cents per share, compared with $4.2-million or 9 cents a year earlier.

Analysts were expecting revenue of $101.3-million and earnings of 18 cents per share.

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GDI Integrated Facility Services Inc. (GDI-T) reported fourth-quarter revenue of $228.9-million, an increase of $30.3-million, or 15 per cent over the fourth quarter of 2015.

Net income was $9.2-million or 43 cents per share compared to net income of $27.5-million or $1.29 per share for the fourth quarter of 2015.

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Dream Unlimited Corp. (DRM-T) reported fourth-quarter earnings of $37.1-million or 23 cents per share, up from $23.1-million or 14 cents a year earlier.

Revenue was $88.6-million versus $89.3-million a year earlier.

Analysts were expecting earnings of 14 cents per share.

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Uni-Select Inc. (UNS-T) says its FinishMaster subsidiary has purchased Hi-Tec/Professional Paint and Auto Body Supply Inc., its first two locations in Alaska.

"This acquisition aligns with our strategic plan to grow in key markets and signifies a major milestone in our history with the first two locations in Alaska," said Uni-Select CEO Henry Buckley in a release.

Separately, Uni-Select said it bought Impact Auto Parts Inc. with two locations in Uxbridge and Sunderland, Ont.

"These Ontario stores are a very nice addition to our growing corporate store network in Canada," said Mr. Buckley.

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Dream Global REIT (DRG.UN-T) is raising $100-million in a bought-deal financing.

It has an agreement to sell 10.4 million units of the trust at a price of $9.60 each.

The trust said it intends to use the net proceeds to fund potential future acquisitions and for general trust purposes.

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TWC Enterprises Ltd. (TWC-T) reported a fourth-quarter loss of $1.5-million or 5 cents per share.

That compared to a loss of $10.8-million or 39 cents per share a year earlier.

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Extendicare Inc. (EXE-T) reported fourth-quarter revenue of $276.9-million, up from $262.6-million a year earlier.

Analysts were expecting revenue of $268.2-million.

Net operating income was $33.8-million versus $32.8-million a year earlier.

Adjusted funds from operations were $13.5-million or 14.7 cents per share compared to $10.4-million or 11.8 cents a year earlier.

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TECSYS Inc. (TCS-T) reported third-quarter revenue of $17.4-million, up 11 per cent compared to $15.6-million in the third quarter.

Net profit increased to $888,000, or 7 cents per share compared to $543,000 or 4 cents per share a year earlier.

Analysts were expecting earnings of 8 cents per share and revenue of $17.2-million.

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Altus Group Ltd. (AIF-T) has acquired EstateMaster Group Holdings PTY Ltd., an Australian-based property development software provider.

"The acquisition of EstateMaster broadens our product offerings with software solutions complementary to our ARGUS Developer product, while adding market share in our growth regions, including Australia and the Middle East," said CEO Robert Courteau.

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Organigram Holdings Inc. (OGI-X) named Greg Engel, a medical marijuana, pharmaceutical, and biotechnology industry veteran, as its new CEO effective March 13.

Mr. Engel succeeds Organigram's current CEO Denis Arsenault who is stepping up to the newly created executive chairman's position, the company said.

Mr. Engel was most recently CEO for Tilray Canada Inc.

In a release, Mr. Arsenault said the decision to turn the day-to-day management of Organigram over to a new executive "has been planned for some time."

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SunOpta Inc. (STKL-Q; SOY-T) reported fourth-quarter revenue of $297.5-million (U.S.) versus $316.4-million in the fourth quarter of 2015.

Its loss from continuing operations was $33.5-million or 41 cents per share compared to a loss from continuing operations of $13.6-million or 16 cents per a year earlier.

Its adjusted loss was $7.3-million or 8 cents per share compared to earnings of $2.4-million or 3 cents per share.

Analysts were expecting revenue of $335-million.

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