"#Trending #cannabismedicinal #investing #stocks #bullboards @FsdPharma @aphriainc@Aurora_MMJ@Namaste_Tech @villagefarms @Hexocorp"Read full newsRead More
"NexTech (@NexTech_AR) (#OTCQB: $NEXCF | #CSE: $NTAR) Signs Reseller Deal with Foottraffik #Cannabis Dispensary Software Company [https://t.co/0cartVnXOL]#investing #stocks #stockmarket #trading #investors #news #cannabisnews #capitalmarkets #cannabis #marijuanastocks #VR #AR"Read full newsRead More
India is currently holding its Lower House general elections and Fitch's Solutions' Country Risk team expects Prime Minister Narendra Modi's National Democratic Alliance, led by the Bharatiya Janata Party (BJP), to win the most number of seats, but fall short of a simple majority in the Lower House.Under this scenario, Fitch forecasts in its latest industry trend analysis, India's mining sector wo...Read More
The brokerage bunch is overwhelmingly bullish on the tech stockOppenheimer initiated coverage on Pareteum Corp (NASDAQ:TEUM) with an "outperform" rating and $7 price target -- an 80% premium to last night's close. Analyst Timothy Horan waxed optimistic on the mobile networking software and services provider's "very strong" backlog growth, and is in a position to increase revenues by 30% in the nex...Read More
The S&P and Nasdaq both nabbed record closes earlier this weekEarnings season is a roller coaster, and this week was no different. Wall Street saw the S&P 500 and Nasdaq nab record closes, only to take a breather later in the week, although this could signal low volatility ahead. In addition to corporate earnings, traders kept an eye on oil prices and digested better-than-expected gross domestic...Read More
Ontario's Government for the people is protecting what matters most, supporting hands-on entrepreneurship and employment training in Sault Ste. Marie, creating two full-time jobs.Today, Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines, announced the Centre for Social Justice and Good Works is receiving $73,755 to establish a chocolate manufacturing com...Read More
Investors dumped Nickel and cobalt miner Sherritt International's (TSE: S) shares on Friday, after the company released first quarter earnings.Sherritt reported record first quarter nickel and cobalt production at its Cuban JV. In Q1 2019 nickel production was 4,397 tonnes, up 54% from last year, while finished cobalt was 426 tonnes, up 27%. The combined nickel and cobalt total for Q1 2019 mar...Read More
Ollie's Bargain Outlet is nearing record-high territoryRetail chain Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) is moving higher this afternoon, last seen up 0.2%, at $95.32. The shares earlier this week received a Morgan Stanley's price-target hike to $86 from $79, which sent OLLI's year-to-date gain above 43%. In fact, the stock rallied its way to an all-time peak of $97.98 on Wednesday....Read More
Gold Resource Corporation (NYSE:GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for April 2019 payable on May 23, 2019 to shareholders of record as of May 13, 2019.Read full newsRead More
Oil prices are reeling on comments from President TrumpDespite first-quarter gross domestic product (GDP) growth that exceeded expectations, the Dow Jones Industrial Average (DJI) has traded on both sides of breakeven today. The index was last seen modestly higher, though, even as blue chips Exxon Mobil (XOM) and Intel (INTC) tank after earnings. Meanwhile, the Nasdaq Composite (IXIC) isin the re...Read More
At least nine analysts raised their Amazon price targets overnightAmazon.com, Inc. (NASDAQ:AMZN) is buzzing this morning, with analysts quick to react after the e-tailer last night reported a first-quarter earnings beat. Specifically, the tech giant recorded a $7.09 per-share profit in the first three months of 2019, more than double its year-ago $3.27 per-share profit, and well above the consensu...Read More
Uber is expected to go public in early MayDetails of Uber's initial public offering (IPO) are emerging, valuing the company north of $80 billion, and that has rival ride-sharing concern LYFT Inc (NASDAQ:LYFT) in focus. Another name that's in the conversation is PayPal Holdings Inc (NASDAQ:PYPL), with the payments processor planning a $500 million purchase of Uber shares, which are expected to be p...Read More
Edibles and the entry of major retail players should push pot into the mainstreamWeed concern Aurora Cannabis Inc (NYSE:ACB) is higher today, as traders digest the company's new licensing agreement for EnWave's patenteddrying technology. In addition, ACB and fellow cannabis concern Hexo Corp (NYSEAMERICAN:HEXO) both scored fresh "buy" ratings from analysts at Desjardins Securities. The brokerage f...Read More
Sibanye Gold Ltd. agreed to raise its all-share offer for platinum miner Lonmin Plc, citing an increase in metal prices since the deal was announced in December 2017.The increase should help bolster support from Lonmin investors, who still need to vote on the takeover. It also signals Sibanye boss Neal Froneman's determination to get the deal done, as the company needs access to Lonmin's metal-pro...Read More
INTC is on track for its worst day since July Intel Corporation (NASDAQ:INTC) is the worst stock on the Dow today by far, down 8.3% to trade at $52.85, after the chipmaker cut its 2019 revenue forecast to $69 billion from $71 billion, while also reporting lower-than-expected data center sales. The dismal guidance overshadows aearnings and revenue beat, sparking concerns about a sector-wide semico...Read More
JOHANNESBURG - South Africa's militant AMCU union said on Friday that it was complying with the country's labour laws, disputing a government notice which said it could be de-registered for breaking rules governing how unions should operate.The Association of Mineworkers and Construction Union (AMCU), one of the largest trade unions in South Africa's mining sector, has thousands of members at mine...Read More
JOHANNESBURG - South Africa's militant AMCU union said on Friday that it was complying with the country's labour laws, disputing a government notice which said it could be de-registered for breaking rules governing how unions should operate.The Association of Mineworkers and Construction Union (AMCU), one of the largest trade unions in South Africa's mining sector, has thousands of members at mine...Read More
South Africa's Transnet freight group is installing a new iron ore tippler at the country's main iron ore export line in order to sustain its current output of 60 million tonnes a year, officials said on Friday at its Saldanha port terminal.The 3 billion rand ($208 million) project, which includes infrastructure such as a conveyor belt leading to the port, railway tracks and three bridges, is expe...Read More
The brokerage firm also slashed its FDX price targetUBS downgraded FedEx Corporation (NYSE:FDX) to "sell" from "neutral," and slashed its price target by $10 to $161 -- a nearly 15% premium to last night's close at $188.87. Analyst Thomas Wadewitz cited slowing Asian airfreight and German factory activity as signs of a "challenging environment for Fedex's International Package business," while wea...Read More
The food delivery concern announced a first-quarter earnings and revenue beat Food delivery concern Grubhub Inc (NYSE:GRUB) is soaring today, after the company posted earnings and revenue for the first quarter that exceeded analysts' estimates. The company says it's gained an edge in the oversaturated market via aggressive spending and strategic partnerships with restaurants. GRUB shares are up 9...Read More