Harborside To Conduct Study With Utah State University
Harborside (CSE: HBOR) is evidently focused on the continuous improvement of its cultivation practices. The firm this morning announced that it has entered into a strategic research agreement, focused on what is referred to as crop steering. The research agreement has been entered into with that of the Utah State University, with Harborside assisting in […]
Canadian Manufacturing Sales Fell 1.5% in July
After rising 3.6% in June, Canadian manufacturing sales slumped 1.5% in July to $59.6 billion, with declines across 12 of the 21 industries. Sales of wood products continued to decline in July, falling 21.8% to $4 billion, amid reduced sales levels and lower prices. The latest decline follows June’s slump of 5.8%, suggesting that the […]
Trican: BMO Lifts Price Target Following Fleet Upgrades
On September 13, Trican Well Service (TSX: TCW) announced that it is expanding its equipment by upgrading the second set of existing pumps. Additionally, the company will be upgrading 48,000 hydraulic horsepower from conventional diesel engines to the Tier 4 DGB engines, bringing Trican’s total Tier 4 fleet to 84,000 HHP. The cost associated with […]
BMO: Tronox Holdings $27 Buyout Offer Is Underwhelming
On September 13, Reuters News reported that Apollo Global Management approached Tronox Holdings (NYSE: TROX) for a buyout offer totaling $4.3 billion in an all-cash deal. This equates to $27 per share. Tronox was trading at around $20 per share before the release and now is trading at $24.50. Tronox has 8 analysts covering the […]
Uber Faces Fine After Dutch Court Rules Drivers are Employees, not Contractors
Ride-hailing company Uber (NYSE: UBER) has lost a court battle in the Netherlands, which ruled that the app’s drivers are employees and not contractors, and slapped the tech giant with a €50,000 fine. According to a statement from the Federation of Dutch Unions (FNV) seen by Reuters, a Dutch court on Monday determined that Uber’s […]
Soloway: Bitcoin, AMC, Gold & Uranium – The Daily Dive
Joining us today is frequent guest Gareth Soloway, of InTheMoneyStocks.com. Gareth joins us today to talk the hottest topics in todays markets – including uranium, bitcoin, gold, and cult classic AMC Theatres. InTheMoneyStocks.com is a trading room founded by Gareth and his partner Nick Santiago. The platform offers a live day trading room, verified investing […]
Russia’s Central Bank to Launch Digital Ruble by 2030
The digitization of currencies continues to gain momentum around of the world, with Russia now slating to unveil a digital version of its ruble before the end of the decade. According to the Russian finance ministry, the Central Bank of Russia is embarking on a major virtual currency project, and will be digitizing the ruble […]
Pet Valu Plans $226 Million Secondary Bought Deal Offering
Months after it raised $316.3 million in its initial public offering, Pet Valu Holdings Ltd. (TSX: PET) announced on Tuesday that it has entered into an agreement to complete a secondary offering on a bought deal basis. The offering is reported to be for aggregate proceeds of $226 million. The proposed offering will consist of […]
American Eagle Gold Seeks To Acquire Cerros Rojos Property
American Eagle Gold Corp. (TSXV: AE) announced this morning that it is looking to assume all rights and interest of the lease agreement with an option to purchase the Cerros Rojos property in Nevada. The transaction is reported to be for a consideration of $47 thousand in cash. The company is seeking to assume the […]
Jushi: Canaccord Raises Estimates Following Nature’s Remedy Acquisition
On September 13th, Jushi Holdings (CSE: JUSH) announced that they completed their acquisition of Nature’s Remedy for a slightly reduced $91.2 in million total consideration, instead of the original $100 million agreed upon. The company reduced the number of shares issued to 8.7 million instead of the original 11.9 million, but increased the debt component […]