Nuvei To Raise US$369 Million In US IPO, List On Nasdaq
Nuvei Corp (TSX: NVEI) last night announced the pricing for what amounts to its IPO in the United States. The company, whom trades on the TSX currently, is set to see its shares begin trading on the Nasdaq under the symbol “NVEI” following the offering. The financing will see the company look to raise gross […]
Camber Energy: Kerrisdale Capital Drives A Truck Through This Meme-Stocks Investment Thesis In Latest Short Report
Camber Energy (NYSE: CEI) has become a bit of a meme stock as of late, a result of Twitter user @MrZackMorris pushing the name to his followers. An oil and gas name whom no doubt has enjoyed the recent excitement in the energy space, the company became the latest target this week of short sellers, […]
Biden Administration Looking to Impose Bank-Like Regulation on Stablecoins
The Biden administration is mulling ways to implement further regulation on companies that issue stablecoins, including forcing the crypto firms to identify as banks. Stablecoins that are issued by major cryptocurrency companies such as Circle and Tether are pegged to fiat currencies like the US dollar, and are more immune to the volatile fluctuations that […]
Pegasus Resources: Looking To Join The Saskatchewan Uranium Rush
Pegasus Resources Inc. (TSXV: PEGA) has announced that it is in the process of considering to acquire several uranium properties in the Athabasca Basin area of northern Saskatchewan. The recent rise in the spot price of uranium has resulted in renewed investor interest in the uranium sector. This is not Pegasus’ first foray into uranium, […]
Value of Building Permits Slumped 2.1% in August
The total value of Canadian building permits was down 2.1% in August, as residential permits continued to descend from their March highs. Construction intentions across Canada fell to $9.7 billion in August, as both Ontario and British Columbia reported notable declines despite the remainder of provinces posting increases. The residential sector saw the value of […]
Understanding The Mechanics Of The Fed With Danielle DiMartino Booth – The Daily Dive
On this Daily Dive episode, Cassandra sits down with Danielle DiMartino Booth, CEO of Quill Intelligence. As a former advisor of Federal Reserve Bank of Dallas, she drops by to share her thoughts on the tools of the Federal Reserve, including the reverse repo facility and tapering treasuries. Danielle also talks about her take on […]
TAAT Posts $1.3 Million In Revenue For Fiscal Q3 2021
TAAT Global Alternatives Inc. (CSE: TAAT) this morning announced its financial results for the fiscal quarter ending on July 31, 2021. The company highlighted a quarterly revenue of $1.3 million, an increase from both fiscal Q2 2021’s revenue of $0.7 million and fiscal Q3 2020’s revenue of $0.06 million. Sales this quarter translated to a […]
Crude Oil Soars to Highest Since 2014 as OPEC Maintains Existing Output Increase
Crude prices soared to a 7-year high on Monday, after OPEC agreed to maintain a planned supply boost as demand for oil continues to increase around the globe. US crude futures were up by more than 2% on Monday, after OPEC members agreed to keep the monthly output hike at 400,000 barrels per day. Back […]
Tricon Residential Launches US$395 Million NYSE IPO, Private Placement
Tricon Residential (TSX: TCN) announced today its dual market public offering in the United States and Canada, which also represents the company’s initial public offering on an American exchange. Concurrent to the offering is also a private placement of common shares to Blackstone Real Estate Investment Trust. The company reported a total of US$395 million […]
EU Continues to Delay Nord Stream 2 Approval While Global Energy Crisis Escalates to Brazil and India
It’s official: natural gas prices have gone completely mad. Gas prices in Europe hit yet another record-high, soaring past $1,200 per 1,000 cubic meters on Monday, as the global energy crisis continues to spiral out of control. November futures on the TTF hub hit nearly €100 per megawatt-hour, and are expected to continue accelerating as […]