Articles by Editor
GoldMining Announces Approval for Listing on NYSE American and Inaugural Trading Date
VANCOUVER, BC, Oct. 1, 2020 /CNW/ – GoldMining Inc. …read more […]
Oasis Petroleum Files Chapter 11
Oasis Petroleum (NASDAQ: OAS) has filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code. …read more […]
Ford's new CEO Farley promises urgency at automaker, shakes up management
Ford Motor Co’s new chief executive, Jim Farley, on Thursday promised the No. 2 U.S. automaker would move with urgency, in contrast to criticism his predecessor faced. Farley, on his first day as Ford’s 11th CEO, also announced an executive shake-up that included naming a new chief financial officer. Ford’s promise to accelerate its turnaround is not new at a time when it is executing on an $11 billion restructuring. …read more […]
The Green Organic Dutchman Provides Update on Export Pipeline
* Received import licences from Australia and Germany * Submitted application for export licences with Health Canada * On track to commence commercialization in both markets in 2021TORONTO, Oct. 1, 2020 /CNW/ – The Green Organic Dutchman Holdings Ltd. …read more […]
Did You Miss Agenus' (NASDAQ:AGEN) 55% Share Price Gain?
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by… …read more […]
Big U.S. banks to report profit plunge as pandemic recession takes hold
As big U.S. commercial banks close their books on the third quarter, analysts expect them to report a 30% to 60% plunge in profits on the year-ago period due to the pandemic-induced recession and near record low interest rates. Citigroup Inc and Wells Fargo & Co, the third- and fourth-biggest U.S. banks by assets respectively, will report net income down by about 60%, according to I/B/E/S analyst survey data from Refinitiv. Investment banks Goldman Sachs Group Inc and Morgan Stanley, which are benefitting from being more concentrated in the busy capital markets, are expected to report more modest …read more […]
Canopy Growth and Acreage Holdings Announce Initial Plans to Launch THC-Infused Beverages in the U.S. Next Summer
SMITHS FALLS, ON and NEW YORK, Oct. 1, 2020 /CNW/ – Canopy Growth Corporation (“Canopy Growth”) (TSX:WEED) (NYSE:CGC) and Acreage Holdings, Inc. …read more […]
The Investing Question of a Lifetime
We looked at his chest. It was the best thing we ever saw.
It was moving.
A few seconds later, his eyes came back to life – first looking to the right and then coming around and locking in on our own.
It’s as if his big, wide eyes were asking the biggest question of their life.
“What happened?”
We went fly-fishing with a good pal and got much more than we expected. In one instant we were casting and chatting. In the next, we watched as he splashed lifeless into the water – one half of his face on the river’s muddy edge… the …read more […]
Palantir co-founder explains why he's proud to stick with the US over China and work with ICE
Palantir has attracted criticism for how it seeks to use its data-mining technology, but it’s not a new issue, says Jon Lonsdale, the company’s co-founder. …read more […]
Did You Miss Micron Technology's (NASDAQ:MU) Impressive 152% Share Price Gain?
When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]
Pound Bucks Global Risk Rally on ‘Mess’ of Brexit, Legal Action
(Bloomberg) — The pound tumbled after a report that Brexit talks were failing to close differences and as the European Union planned legal action against the U.K., dashing hopes the two sides could move toward a trade deal this week.Sterling snapped a three-day winning streak after news that the U.K. and EU remain split on the issue of state aid, a sticking point in the negotiations. The currency deepened losses after a report that the EU would take the first step in a legal process against the U.K. for breaching the terms of its withdrawal agreement from the bloc.The impasse …read more […]
Jobless claims preview: Another 850,000 Americans likely filed new unemployment claims last week
The US economy likely saw yet another historically high number of first-time unemployment insurance claims filed last week, as the coronavirus pandemic continues to strain the labor market. …read more […]
Rolls-Royce to Raise $6.5 Billion After Engine Demand Collapses
(Bloomberg) — Rolls-Royce Holdings Plc unveiled a long-awaited financing plan, targeting up to 5 billion pounds ($6.5 billion) of fresh capital to buttress the U.K. jet-engine-maker against an historic aerospace downturn that still has years to go.The London-based company will tap existing shareholders for 2 billion pounds in a rights issue, and is seeking to borrow a further 3 billion pounds in bonds and loans, it said in a statement Thursday. Rolls-Royce shares fell as much 11%, extending a months-long decline, while its euro bonds jumped by the most since they were issued.The funding is aimed at seeing Rolls-Royce through …read more […]
Boeing courting Delta, others to take 737 MAX 'white tails' – sources
Delta Air Lines is among airlines Boeing Co has approached to buy dozens of 737 MAX jets built for clients that have since scrapped their orders or gone bust, two people familiar with the matter said. As the 737 MAX edges closer to commercial flight after an 18-month grounding, Boeing is scrambling to find buyers for the so-called “white tails” – jets painted white, awaiting an airline livery, or whose color schemes need to be swapped. The 737 MAX’s ban following two fatal crashes had already caused some carriers to walk and the number of unsold jets has …read more […]
