Tesla Investors Campaign Against Former CTO’s Election To The Board
A group of funds led by SOC Investment Group registered on Monday its dissent on electing Tesla’s (Nasdaq: TSLA) former Chief Technology Officer J.B. Straubel to the board of directors, calling the co-founder’s addition to the board contributing to the “dearth of independence.” “While we appreciate the contributions Mr. Straubel made as co-founder and long-time […]
Bed Bath & Beyond To The Great Beyond: BBBY Files For Bankruptcy, Plans To Liquidate Assets
Bed Bath & Beyond (NASDAQ: BBBY) cratered more than 20% this morning after the retailer finally filed for bankruptcy on Sunday. The Union, New Jersey-based company filed for Chapter 11 bankruptcy on Sunday, months after declaring it was considering debt restructuring alternatives and had “substantial doubt” about its ability to continue operations. The filing allows […]
Getty Images Surges 60% Following $10-Per-Share Acquisition Bid From Trillium Capital
Trillium Capital on Monday made a non-binding offer to buy Getty Images Holding (NYSE: GETY) for $10 per share in cash. The principals of Trillium Capital possess over 500,000 shares of Getty’s common stock and common stock equivalents. Earlier this month, the firm requested that its Managing Partner, Scott Murray, join the Board of Directors […]
Brunswick Exploration Moves Focus To Hearst Project With 1,000 Metre Drill Program Now Underway
Just days after releasing preliminary results for drilling at the Anatacau West project in Quebec, Brunswick Exploration (TSXV: BRW) is firing up the drill rigs yet again. The latest drilling, however, is set to occur at the firms Hearst Project, found in Ontario. Brunswick this morning indicated that a drilling a stripping program has began […]
SNDL Sees Revenue Hit $712.2 Million In 2022, Suggests It May Acquire Multi-State Operator
SNDL Inc (NASDAQ: SNDL), formerly known as Sundial Growers, continues to see growth in its operation, reporting this morning Q4 net revenues of $240.4 million, a 4% improvement on a quarter over quarter basis. “2022 was another transformational year for SNDL. We increased the sustainability of our business model by achieving record-breaking revenue and gross […]
It’s a Champagne Room Economy – Canada’s Innovation Minister Is A Rubber Stamp For Industry
Is Francois-Philippe Champagne’s ministry Scientifically Innovating Canadian Industry, or keeping it the way it is?
EPA Expected To Mandate Coal, Gas-Fired Power Plants Install Carbon Capture
According to media reports, U.S. President Joe Biden plans to introduce unprecedented greenhouse gas emission rules in the U.S. as soon as April 27. Specifically, the Environmental Protection Agency (EPA) will for the first time required existing power plants, not just new ones, to install pollution-capturing equipment such that nearly all carbon dioxide (CO2) emissions from […]
Rivian Loses Access To New U.S. EV Tax Credits
On April 17, the U.S. Treasury announced that effective April 18, only ten electric vehicle (EV) models will initially qualify for the full US$7,500 tax credit available to U.S. new EV buyers. Seven models will be eligible for half the credit, or US$3,750. According to the U.S. Inflation Reduction Act (IRA) passed in 2022, a certain percentage […]
First Phosphate & Arianne Phosphate: Same Mineral, Different Strategies – And Costs
FULL DISCLOSURE: First Phosphate is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover First Phosphate on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at […]
Nationalize The Telco’s For The Sake of Capitalism – Part 1: Rogers
Longtime readers may remember that, in the fall / winter of 2021, after the Rogers family got in a public spat over control of their family conglomerate, threatened to air each other’s dirty laundry if they didn’t get their way, and never followed through, we wrote about the dual-class share structure that makes them the […]