Canopy Growth shares are surging today, after the cannabis giant announced it has landed a new CEO. Former Canopy Growth Co-CEO and Vireo Health Executive Chairman Bruce Linton joins Yahoo Finance’s Zack Guzman and Brian Cheung, along with Campus Reform Editor-in-Chief Cabot Phillip, to discuss the company’s leadership shakeup and more. …read more […]
“We are amicably parting ways with SoftBank and SoftBank will no longer have board representation,” Chief Executive Garrett Smallwood said in a memo to employees, the report said. Wag, which earlier this year laid off several dozen employees, is letting go a significant amount of the remainder of its workforce, the report said. SoftBank and Wag Labs did not immediately respond to Reuters request for comment. …read more […]
In the mutual fund landscape, some names are more recognizable than others. T. Rowe Price funds are among the top players vying for a share of investors’ attention and money. “Like Vanguard and other fund companies, the funds are enormous, holding billions of dollars’ worth of stocks and bonds,” says Holmes Osborne, principal at Osborne Global Investors in Santa Monica, California. …read more […]
(Bloomberg) — Destination Maternity Corp. canceled its bankruptcy auction and Marquee Brands LLC was declared the winner, making it likely that the chain’s stores will be shut down.The cancellation was disclosed in a court filing Monday, signaling that no other qualified bids were received by last week’s deadline. Plans previously disclosed call for Marquee to shutter the brick-and-mortar outlets but keep the brand alive online and possibly inside department stores.Marquee will get the retailer’s name, website and other operating assets for about $50 million. Hilco Merchant Resources and Gordon Brothers Retail Partners would run store-closing sales at its remaining 235 …read more […]
Morgan Stanley is cutting about 2% of its workforce due to an uncertain global economic outlook, CNBC reported on Monday citing people familiar with the matter.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is… …read more […]
German automaker Volkswagen AG on Monday was charged with importing nearly 128,000 vehicles into Canada contravening the country’s environmental legislation, a Canadian government agency said.
ViacomCBS is planning to sell the CBS headquarters in New York, known as Black Rock, as it seeks to cut costs from the combined company, Chief Executive Officer Bob Bakish told reporters Monday.
Volkswagen was charged with 60 counts of breaching the Canadian Environmental Protection Act by importing vehicles that did not conform to prescribed emission standards, Environment and Climate Change Canada said. The company did not immediately respond to a Reuters request for comment.In 2015, the agency launched an investigation into the importing of certain vehicle models allegedly equipped with a prohibited “defeat device”. …read more […]
The broader markets are deep in the green for 2019.
And investors are feeling euphoric that a Santa Claus rally will push the indexes to new heights before the new year.
But there’s been one bulb out in the market’s string of lights… cannabis.
Pot stocks have had a 2019 to remember. Though not for the reasons we wanted.
But it doesn’t mean there aren’t bright spots or light bulb changes on the way. And we’ve recently seen once again how the sector continues to evolve.
High on the Holidays
This year, consumers are feeling relaxed.
And part of it might have to do with weed.
Thanksgiving …read more […]
Wall Street’s main indexes fell in afternoon trading on Monday, with investors keeping a close watch on U.S.-China trade relations as planned tariffs on Chinese imports kick in on Dec. 15.
Brazil’s record-low interest rates and exchange rate threaten to accelerate Amazon deforestation, which has already risen sharply under Brazil’s farm-friendly President Jair Bolsonaro, economists tell Reuters.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […] …read more […]
Israel’s Energy Ministry has advised three energy companies not to start work on the Aphrodite gas field off Cyprus until the two countries reach agreement over ownership of the reserves. Cyprus and Israel have been in dispute for several years over the gas reserves that straddle their maritime border, with no guarantee of any immediate resolution. Cyprus last month signed a 25-year concession with Noble Energy, Shell and Delek Drilling for exploitation of the Aphrodite field, which was first discovered in 2011. …read more […]
The market has been volatile in the last few months as the Federal Reserve finalized its rate cuts and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by more than 10 percentage […] …read more […]
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