Trading Ideas
A Deal With Coca-Cola Could Make Aurora Cannabis the Real Thing
This marijuana stock is skyrocketing on reports that Coke wants to make a deal for developing cannabis-infused beverages. …read more […]
Month: September 2018
Trading Ideas
Kinder Morgan Might Cash in on the Rest of its Canadian Assets
The pipeline giant has hired bankers to explore the sale of its Canadian subsidiary. …read more […]
Trading Ideas
Rite Aid Investors Got What They Wanted, Unfortunately
The drugstore operator’s stock is at its lowest level since late 2012. Breaking up with Albertsons may have pleased investors, but now they’re paying the price. …read more […]
Trading Ideas
Marijuana May Take Shopify Stock to New Heights
As recreational cannabis becomes legal in Canada starting next month, Shopify Inc. is emerging as the place to get it. Several Canadian provinces have picked Shopify to run their e-commerce websites and the company has also signed deals with marijuana companies including Canopy Growth Corp., KeyBanc says. Cannabis is an “opportunity no one is talking about,” analyst Monika Garg writes. …read more […]
Business News
UPS to hire about 100,000 workers for holiday season
United Parcel Service Inc would hire about 100,000 temporary employees for the crucial holiday season beginning in November, the U.S. package delivery company said on Monday.
Business News
Saudi’s PIF invests over $1 billion in electric carmaker Lucid Motors
Saudi Arabia’s Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles.
Business News
DowDuPont CEO Breen takes executive chair role in new DuPont
DowDuPont Chief Executive Edward Breen will oversee the specialty-products unit that carries most of the company’s legacy DuPont operations after the chemicals major splits back into three different businesses, the company said on Monday.
Business News
Wall Street dragged by Apple, Amazon, fears of fresh tariffs
U.S. stock markets were lower on Monday as technology names such as Apple and Amazon.com fell, bearing the brunt of expectations President Trump will make good on threats to set new tariffs on $200 billion of Chinese goods, and that Beijing will retaliate.
Business News
Coke eying cannabis-infused drink market
Coca Cola Co said on Monday it was closely watching the growing marijuana-infused drinks market, responding to a media report that the world’s largest beverage maker was in talks with Canada’s Aurora Cannabis Inc .
Trading Ideas
Wall Street dragged by Apple, Amazon, fears of fresh tariffs
U.S. stock markets were lower on Monday as technology names such as Apple and Amazon.com fell, bearing the brunt of expectations President Trump will make good on threats to set new tariffs on $200 billion … …read more […]
Trading Ideas
Why Johnson & Johnson (JNJ) Could Beat Earnings Estimates Again
Johnson & Johnson (JNJ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. …read more […]
Trading Ideas
Tesla To Repair Its Own Cars After Accidents
Elon Musk has tweeted that Tesla is planning to bring its repairs in-house as the time it takes for outside firms to fix any Tesla cars is unacceptably long …read more […]
Business News
Oil higher as U.S. sanctions on Iran raise supply concerns
Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States could together raise output fast enough to offset falling supplies.
Trading Ideas
Coke eyeing cannabis-infused drink market
The discussions over a possible product tie-up, reported by Canadian financial channel BNN Bloomberg, could open a new front in Coke’s battle to overcome sluggish demand for its sugar-heavy sodas by diversifying into coffee and health-focused drinks. The report said there was no guarantee that talks between the companies would be successful but Aurora shares responded by soaring 22 percent. Coke stock gained slightly on a New York market weakened by concerns over trade tariffs. …read more […]
Business News
Coke eyeing cannabis-infused drink market
Coca Cola Co said on Monday it was closely watching the growing marijuana-infused drinks market, responding to a media report that the world’s largest beverage maker was in talks with Canada’s Aurora Cannabis Inc .