Trading Ideas

Namaste Technologies (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) has entered into a secured convertible loan agreement with Choklat, a private chocolate manufacturer in Alberta. “We’re investing in Choklat to ensure they’re able to maximize the pending market opportunity for edibles,” stated Meni Morim, the CEO of Namaste. The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) unveiled […]The post Cannabis Stock News Daily Roundup October 22 appeared first on Market Exclusive. …read more […]

Synthos, a chemical group owned by Poland’s richest man Michal Solowow, has agreed to work with GE Hitachi Nuclear Energy on developing technology for a small modular reactor (SMR), Hitachi said on Monday. Poland still generates most of its electricity from coal but more and more companies are exploring low-carbon options. “Utilizing small modular reactors to generate clean energy will improve our chances to move away from coal and have a positive impact on our industry and nation,” Solowow was quoted as saying. …read more […]

(Bloomberg) — Canadian Prime Minister Justin Trudeau won a second term in national elections, displaying once again a remarkable ability to overcome scandal and controversy to remain in power.Trudeau’s Liberal Party won or was leading in 156 of Canada’s 338 electoral districts, as of 1:33 a.m. Ottawa time, losing his majority in parliament and the popular vote, but gaining enough seats to secure a stable government with support from smaller parties. The most likely partner for Trudeau would be the pro-labor New Democratic Party, which is on track to win 24 seats, giving the two parties a combined 180.While his …read more […]

Swiss drugmaker Novartis on Tuesday boosted its full-year targets, with sales now expected to grow at a high single-digit percentage rate and core operating income now seen growing at a mid- to high-teen rate. The therapy’s regulatory review in Europe and Japan was delayed, with an anticipated decision in the first quarter of 2020 in Europe and an expected decision in Japan in the first half of 2020. …read more […]

Sunrise Communications Group called off a shareholders meeting set for Wednesday to approve a rights issue needed to complete its 6.3 billion Swiss franc ($6.39 billion) acquisition of Liberty Global’s UPC business. Freenet, which is Sunrise’s biggest shareholder, and other investors had opposed the 2.8 billion franc rights issue, forcing Sunrise into the climbdown. It said it cancelled the extraordinary general meeting (EGM) with Liberty Global’s consent. …read more […]

Infosys shares dropped 13%, the most on the NSE Nifty, as country’s No. 2 software services firm received a complaint alleging “unethical practices” by Chief Executive Officer Salil Parekh. Indian financial markets were closed on Monday for elections in the western state of Maharashtra. The broader NSE Nifty was down 0.02% at 11,661.50 by 0426 GMT on Tuesday, while the benchmark BSE Sensex was 0.21% lower at 39,215.48. …read more […]

(Bloomberg) — Oil was steady as investors weighed expectations for swelling American crude stockpiles against signs of U.S.-China trade progress.Futures in New York and Brent crude in London were little changed after falling the past two days. U.S. crude inventories probably rose for a sixth time through the week ended Oct. 18, the longest run of gains in almost a year, according to a Bloomberg survey before government data on Wednesday. President Donald Trump said China has indicated talks on a trade deal are advancing, offering a glimmer of hope for global demand.Oil has slid from an April peak as …read more […]

(Bloomberg) — China’s central bank used open-market operations to inject the largest amount of cash into the banking system since May, as upcoming corporate tax payments tighten liquidity conditions.The People’s Bank of China on Tuesday net injected 250 billion yuan ($35 billion) via seven-day reverse repurchase agreements, according to a statement. There were no facilities coming due Tuesday, and the central bank kept the rate steady at 2.55%. China’s 10-year bond yield was little changed at 3.22%.The central bank is acting to fine-tune interbank liquidity conditions while it keeps broader monetary-policy settings stable, seeking to keep credit growth appropriate while …read more […]

Australian mining magnate Clive Palmer has renewed a push to develop a new coal mine in Queensland state, close to a controversial mine under construction by India’s Adani Enterprises. Palmer’s Waratah Coal applied to Australia’s Department of Natural Resources on Oct. 4 for a 35-year mining lease in the Galilee Basin, a new coal region that won the green light this year for development. The application signals a resumption in development planning for the mine, which was first proposed in 2011 but which has been on ice in recent years. …read more […]

Q3 2019 Lennox International Inc Earnings Call …read more […]

Oil prices steadied a little on Tuesday, supported by signs of progress in talks on resolving the U.S.-China trade dispute, but gains were contained by lingering anxiety a slowdown in the global economy could hurt crude demand. Brent crude futures were at $59.10 a barrel by 0027 GMT, up 14 cents, or 0.2%, from their previous settlement. Brent settled down 0.8% at $58.96. …read more […]

(Bloomberg) — Rio Tinto Group is starting pilot production of lithium in California and will consider an expansion to become the top domestic supplier in the U.S. as the world’s biggest miners look to boost their exposure to the electric car battery revolution.Work to reprocess waste piles from a 90-year-old mining site in Boron has successfully produced lithium carbonate — needed in rechargeable batteries for electric vehicles and consumer technology — and efforts are now focused on improving quality and lifting volumes, Rio said Tuesday in an emailed statement.Rio is the first top diversified miner to add lithium output to …read more […]

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will… …read more […]

Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility… …read more […]

Two of the largest oilfield services companies in the world saw their earnings hit hard in the third quarter due to the U.S. shale slowdown …read more […]