Newsmakers

ImagineAR (OTC: IPNFF) Signs Five Year $250,000 USD Licensing Agreement with WaV Sports & Entertainment

Contract Revenue is $250,000 USD Plus 5 Year Joint Partnership Program Revenue Fees VANCOUVER, BC and ERIE, Pa., Sept. 9, 2020 – Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) (“ImagineAR” or “Company”) is excited to announce the signing of a five […]

Newsmakers

CloudMD (OTC: DOCRF) Appoints Experienced, World-Class Insurance and Health Executive as Chief Innovation Officer

Karen Adams brings over 20 years’ experience leading large public and private insurance and mental health and wellness companies VANCOUVER, British Columbia, Sept. 09, 2020 — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, […]

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Trading Ideas

LVMH Finds a Convenient Excuse to Dump Tiffany

(Bloomberg Opinion) — If you liked it, you should have put a ring on it. But Bernard Arnault, chairman of LVMH Moet Hennessy Louis Vuitton SE, has decided he didn’t like Tiffany & Co. quite enough to consummate his $16 billion takeover of the iconic U.S. jeweler.The $135-per-share deal lost its luster after the luxury world was hit by the global pandemic. Even before LVMH’s decision, Tiffany’s shares were trading at $121.80. LVMH investors were also already pricing in chances the deal wouldn’t go ahead too. Shares of the French owner of the Louis Vuitton and Christian Dior brands fell …read more […]

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Tesla Climbs, Rebounding From Tuesday’s Record Plunge

(Bloomberg) — Tesla Inc. rose premarket Wednesday, clawing back a fraction of the value it lost a day earlier when the electric-vehicle maker’s stock suffered its worst one-day decline in its history.The car company founded by Elon Musk plummeted 21% on Tuesday — its biggest drop since going public in 2010 — after it was passed over for inclusion in the S&P 500 Index Friday. The slump, which came amid a widespread selloff that saw tech firms leading the declines, wiped out $82 billion in Tesla’s market value.Nasdaq 100 Index futures were also recovering Wednesday, adding 1.8%. Tesla gained 6.8% …read more […]

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Anadarko’s $100 Million CEO Ensnared in Oilfield-Fraud Lawsuit

(Bloomberg) — The meeting would mark the beginning of the end of Lea Frye’s career in oil and gas.It was February 2014. Frye, at the time a senior engineer with Anadarko Petroleum Corp., had the job of calculating how much oil was waiting to be extracted from fields Anadarko owned. She was known to be forthright about her analyses. “She tells the truth no matter the circumstances,” her manager said in a later performance review.Going into the conference with senior executives, Frye had arrived at her own conclusion about Anandarko’s most ballyhooed find — one that now has stockholders suing …read more […]

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Where This Franken-Market Is Headed Next

It will get harder from here.
Those are the words of Fed Chief Jay Powell last week as he prepared for what will be one of his biggest meetings yet.
Next week, like a team of docs working on Frankenstein’s monster, the Federal Reserve will gather in Washington to discuss where to cut next. The voting members will close the door, sit around a long oval table and then nervously look at each other as they realize they have quite a sick patient lying in front of them.
They’ve got to piece it together. It must not die.
Big money is on the line.
If …read more […]

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Stocks Climb, U.S. Futures Rebound After Selloff: Markets Wrap

(Bloomberg) — European stocks rose with U.S. equity futures as optimism crept into markets that Tuesday’s tumble drew a line under the recent selloff.Shares climbed broadly in Europe while AstraZeneca Plc slipped on news it paused trials of a leading experimental Covid-19 vaccine when a participant got sick. S&P 500 and Nasdaq 100 contracts advanced in the wake of large declines in America that were led by tech shares. On Wednesday, computer chip and hardware makers rose in the premarket including Advanced Micro Devices Inc. and Apple Inc.Treasuries and the dollar erased their increases as equity futures strengthened. The pound …read more […]