Canaccord Raises Apple’s Price Target To US$150 On Better Than Expected iPhone Sales
Yesterday Canaccord Genuity raised their 12-month price target on Apple (NASDAQ: AAPL) from U$145 to U$150 while reiterating their buy rating on the stock. T. Michael Walkley, Canaccord’s IT analyst headlines, “Strong demand for iPhone 12 products; increasing iPhone estimates and price target to $150.” Apple currently has 40 analysts covering the company with a […]
Vancouver Home Sales Rise by Record 53.4% in December
The month of December appears to have ended the year off on a strong note for Vancouver’s housing market, as real estate activity in major cities across Canada continue to remain elevated. According to the Real Estate Board of Greater Vancouver, home sales in the city rose by 53.4% in December compared to the same […]
Gold Transactions Heating Up – The Daily Dive feat John-Mark Staude of Riverside Resources
Today on The Daily Dive, we are joined by our bi-weekly commentator John-Mark Staude, CEO of Riverside Resource (TSXV: RRI). John-Mark joins us this afternoon to discuss the recent rush in gold related transactions taking place on the capital markets as of late. Within, John-Mark provides his insights on a number of recent transactions that […]
Magna International Announces Driver Assistance Deal with EV Manufacturer Fisker
As the demand for electric vehicles continues to accelerate, an increasing number of automobile manufacturers and suppliers are combining their technological insights to further propel advancements in the EV industry. Magna International Inc, a Canadian company that manufacturers mobility technology for numerous automakers, on Monday announced it will expand its operations with electric car maker […]
Calgary Home Sales Soar by 40% to Highest Level Since 2007
As an increasing number of Canadians enter the residential real estate market amid historically-low interest rates and a shifting dynamic towards more spacious living during the pandemic, Calgary recorded its best December for home sales in over a decade. According to the the Calgary Real Estate Board (CREB), there were a total of 1,199 home […]
Field Trip Health Closes $20.0 Million Bought Deal
Field Trip Health (CSE: FTRP) this morning announced the closing of its bought deal financing, raising gross proceeds of $20.0 million. The closing is notable, given that the placement took place at $4.50 per share, having been announced when the equity was trading at $5.00, while the equity yesterday closed at $3.83 per share. The […]
Jushi Looks To Raise $35.1 Million Via Overnight Marketed Offering
Jushi Holdings (CSE: JUSH) this morning announced the terms of its overnight marketed offering, indicating that the company will be looking to raise C$35.1 million within the financing. The company will look to raise the money via a shares-only offering, with no warrant component included in the financing. The overnight marketed offering was originally announced […]
PowerBand Expands Executive Team With Appointment Of Executive VP, Finance and Strategy
PowerBand Solutions (TSXV: PBX) is bolstering its management team for the new year evidently. Following yesterdays news of the appointment of a new chief financial officer, the firm this morning announced the appointment of Steve Waller as Executive Vice President of Finance and Strategy. Waller comes to the company from that of D&P Solutions, where […]
Aleafia Health To Repay $25.0 Million In Convertible Debt Due In February
Aleafia Health (TSX: AH) this morning issued a brief update, indicating that the company is looking to repay outstanding convertible debentures. The debentures, which amount to $25.0 million in outstanding debt, are intended to be repaid by the company in the form of cash. Originally issued in 2018 by that of Emblem Corp, whom Aleafia […]
Else Nutrition Expands Distribution Of Products Via PlantX Platform
Else Nutrition (CSE: BABY) has partnered with that of PlantX Life (CSE: VEGA) as of this morning. The company will see its plant based baby food formula sold on PlantX’s online ecommerce platform for plant based products. The additional of plant-based baby food is a natural fit for PlantX, whom will see a new vertical […]