Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. We highlight companies that have the most growth potential by utilizing our proprietary analytics platform.Read full newsRead More
Join us for a FREE virtual Breakfast Briefing on April 23rd at 9 am (EST) -- Alen Paul Silverrstieen of Imagination Park Technologies Inc. will be presenting...Read full newsRead More
VANCOUVER, BC / ACCESSWIRE / April 16, 2020 / Loop Insights Inc. (TSXV:MTRX) (the "Company" or "Loop") - provider of transformative artificial intelligence (AI) solutions- is pleased to announce the appointment of Teresa N. Taylor to the Company's Board of Advisors. As a long-time resident of Ferndale, Washington, Teresa is deeply involved in local government. Most recently...Read More
Mylan NV named a new executive chairmanMylan NV (NASDAQ:MYL) is down 0.7%, last seen trading at $15.39, amid news that the pharmaceutical company named Chairman Robert Coury to be the new executive chairman, the second time Coury has been appointed to the position. Coury was previously CEO of Mylan from 2002 to 2012 before becoming executive chairman from 2012 to 2016. In this capacity, he will wo...Read More
Abbott posted a first-quarter earnings and revenue beatAbbott Laboratories (NYSE:ABT) is up 4.7% to trade at $95.20 -- recovering from its earlier dip -- following its first-quarter earnings report. The company reported profits of 65 cents per share and revenue of $7.73 billion, beating Wall Street's estimates. Abbott also said a recent ramp up in coronavirus testing would help it weather throug...Read More
The pharmacy firm reported a wider-than-expected loss for its fiscal fourth quarterIt's been a dismal day so far for pharmacy name Rite Aid Corporation (NYSE:RAD), after stepping into the earnings confessional early this morning. The firm posted fiscal fourth-quarter losses of 37 cents per share, which was wider than analysts' estimates, while the reported $5.73 billion in revenue was higher than...Read More
Streaming name Netflix will report earnings next weekNext week will bring a slew of notable earnings, including the likes of blue chips Visa (V), IBM (IBM), Intel (INTC), Coca-Cola (KO), and American Express (AXP). Netflix (NFLX) and Snap (SNAP) will also step into the earnings confessional, while weekly jobless claims will remain in focus as Wall Street closely follows the economic fallout of COV...Read More
Jobless claims topped expectations yet again this weekThe Dow Jones Industrial Average (DJI) is modestly lower at midday, despite having pared harsher triple-digit losses from the morning. Weighing on the Dow is another batch of weekly jobless claims that topped estimates, meaning it took just four weeksto erase all employment gains experienced in the last 11 years since the Great Recession. C...Read More
Here is what's new today on INK Ultra Money. If you are not already a Canadian Insider Club Ultra member, join now for full access to premium content and much more. If you do not want to make an annual commitment, sign up for Advantage Ultra at our sister site InsiderTracking.com where you can take out a monthly subscription for the ultra low rate of US$9.99 per month plus tax.1. The deep structu...Read More
The equity has shed nearly 8% in 2020Shares of e-commerce name Square Inc (NYSE:SQ) are down 4.6% to trade at $58.54 after receiving a downgrade to "underperform" from "market perform" by Raymond James. Though SQ has been performing above what usually calls for a downgrade from the brokerage, they cited significant risks due to coronavirus that could take the company a long time to recover from. S...Read More
Reports that Hertz is seeking a government bailout to avoid bankruptcy are rocking the car rental stock Hertz Global Holdings Inc (NYSE:HTZ) is down 10.5%, last seen trading at $5.17, amid reports that the car rental concern is seeking aid from the U.S. government to avoid bankruptcy. HTZ recently tried to buck car rental sector's selloff, however, the company is potentially looking at a budget...Read More
Bank of New York Mellon posted first-quarter earnings and revenue that beat analysts' estimates Financial name Bank of New York Mellon Corp (NYSE:BK) is up 6.4% at $36.88 after posting first-quarter earnings of $1.05 per share, and revenue of $4.11 billion, both of which came in higher than analysts' estimates. The investment bank cited increased fee revenue and higher transaction volumes for the...Read More
Microsoft and Apple will report earnings next weekAs April comes to a close and the pandemic continues to encroach on the U.S. economy, there's a jam-packed slate on tap for investors next week. The highlight will be an advance reading of first-quarter gross domestic product (GDP), which willundoubtedlyshow the beginning economic effects of the coronavirus outbreak. The Federal Open Market Committ...Read More
President Trump will announce guidelines to reopening the economy later todayAfter a sluggish start, Dow Jones Industrial Average (DJI) futures are climbing, shaking off subpar economic data this morning. The positive price action comes even after the latest weekly jobless claims report of 5.24 million, that topped the 5 million estimate. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 15 that are worth another look.No market has been left untouched by the escalating coronavirus pandemic, but iron ore prices have proved relatively buoyant for the past two months compared with the price plunges we have seen in other commodities.Industry association European Aluminium has launched a strategic plan to maximi...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday April 15.Please click...Read More
The three-month tin price on the London Metal Exchange was the worst performer across afternoon trading on Wednesday April 15, dipping by just less than 2% and wiping out gains made earlier in the day, while aluminium futures held above nearby support despite continued inflows.Tin's outright price on the LME closed at $15,093 per tonne at the 5pm close, falling from an intraday high of $15,425 per...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 15 that are worth another look.No market has been left untouched by the escalating coronavirus pandemic, but iron ore prices have proved relatively buoyant for the past two months compared with the price plunges we have seen in other commodities.Industry association European Aluminium has launched a strategic plan to maximi...Read More
The latest retail sales and factory output reports showing declines "were the most solid pieces of evidence yet that the economy was in deep recession and potentially at risk of a depression," Reuters reported.The data comes as the number of confirmed COVID-19 cases globally has risen above 2 million, according to tracking by the Johns Hopkins University.Meanwhile Chinese steel exports jumped in M...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 15 that are worth another look.No market has been left untouched by the escalating coronavirus pandemic, but iron ore prices have proved relatively buoyant for the past two months compared with the price plunges we have seen in other commodities.Industry association European Aluminium has launched a strategic plan to maximi...Read More