Canopy Growth to close two greenhouses, cut about 500 positions
Pot producer Canopy Growth Corp said on Wednesday it plans to close two of its greenhouses in Aldergrove and Delta, British Columbia, cutting about 500 positions.
Pot producer Canopy Growth Corp said on Wednesday it plans to close two of its greenhouses in Aldergrove and Delta, British Columbia, cutting about 500 positions.
The dollar and global equities rose on Wednesday as a strong showing by Joe Biden in the U.S. Democratic presidential primaries cheered the markets, though the economy-slowing coronavirus outbreak kept investors on tenterhooks.
With interest rates careening lower, high yields become even more enticing.
So it’s understandable that investors would be excited about an 11.3% yield. But should SFL Corp. (NYSE: SFL) shareholders expect to continue to receive that juicy yield in the future?
SFL owns and operates 80 tankers, bulkers and other shipping vessels. Currently, its ships are in the waters off six continents.
The company’s cash flow finally turned in the right direction last year. After several years of free cash flow below $100 million, SFL burned through nearly $1 billion in 2018 thanks to the purchase of vessels.
In 2019, however, it righted the …read more […]
VANCOUVER, Washington, Mar 04, 2020 CytoDyn Inc. (otc.qb:CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today the treatment of […]
This morning a strong Super Tuesday showing from Joe Biden – which included a series of key wins in southern states like Virginia, North Carolina and Arkansas – brought his delegate total to 566 (which is ahead of Bernie Sanders’ total of 501).
In response, the markets opened the day higher – and extended those gains throughout lunchtime.
But when it comes to this upside reaction, the more important part (in my view) is the fact that Elizabeth Warren suffered some key losses, which indicates that a concession from her campaign could be coming soon.
As you know, Warren is no Wall Street …read more […]
United Airlines Holdings Inc is slashing its flying schedule and implementing a series of cost-cutting measures in some of the most drastic actions by a U.S. airline to date as the spreading coronavirus has depressed air travel demand.
Investors will be paying close attention to initial jobless claims data and Costco earnings Thursday. …read more […]
The Federal Reserve’s emergency decision to slash interest rates this week in response to the coronavirus outbreak was actually fairly straightforward, policymakers said, as economic risks piled up fast and confidence faltered. The Fed has a handful of options. The Fed is one of the few central banks among the world’s advanced economies to have room to lower rates and still keep them above zero. …read more […]
Lawmakers in Washington DC are considering a range of options to combat what critics describe as failed safety culture at The Boeing Company …read more […]
The global coronavirus outbreak has shown no signs of slowing down, with the worldwide total of new cases topping 94,000 and claiming over 3,200 lives. …read more […]
Crude oil prices ended lower, giving up early gains as major oil producers, including Saudi Arabia, struggled to bring Russia on board for deeper supply cuts to try to offset a slump in demand caused by the coronavirus outbreak.
General Motors Co Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races to catch up with Elon Musk’s Tesla Inc as vehicles go electric.
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