Johnson & Johnson Becomes The First COVID-19 Vaccine Producer To Cut Sales Guidance
Johnson & Johnson (NYSE: JNJ) reported their first quarter results earlier today. The company reported first-quarter sales of $23.43 billion, up 5% year over year, along with net earnings of $5.15 billion and earnings per share of $1.93, both of which were down almost 17% year over year. As a result the company has lowered […]
Elon’s Twitter Takeover “Not About The Money”
Could any serious takeover of Twitter Inc. (NYSE: TWTR) ever be anything but hostile? Last week, noted attention fiend and super-poster Elon Musk was steadily acquiring shares in the world’s foremost microblogging platform, until the company offered him a board seat to knock it off. Since committee meetings and not being allowed to do things […]
Shanghai’s “Closed-Loop” System For Factories May Not Solve Production Problems After All
Officials in Shanghai are under pressure to restart the economy amid the continuing COVID-19 lockdowns in the country’s financial capital. Over the weekend, the city told businesses to work on their resumption plans, and that this would include a “closed-loop management” system where workers would be required to live on site, regularly test for the […]
Is Canada’s Economy Headed for a Recession? Canadian Housing Starts Cool in March
The pace of housing starts across Canada slowed down last month, in what is perhaps a preliminary indicator that the country’s economy could be headed for a slowdown. Latest data from the Canadian Mortgage and Housing Corporation shows the seasonally adjusted rate of housing starts slumped from 250,246 units in February to 246,243 units in […]
Are Bitcoiners the Freedom Fighters of Capital? – The Daily Dive
Starting off the week on The Daily Dive today is Frank Holmes, Executive Chairman of Hive Blockchain (TSXV: HIVE) and CEO of US Global Investors. Frank joins us today to discuss the recent Miami Bitcoin conference in Florida, current developments on regulations on crypto, and the price action of bitcoin since geopolitical events began in […]
Mako Mining Posts US$30.9 Million In Revenue For 2021
Mako Mining Corp. (TSXV: MKO) announced today its financial results for Q4 and full-year 2021. The report saw annual revenue of US$30.9 million, up from a pre-production revenue of US$1.4 million recorded in 2020. The mining firm sold a total of 20,455 gold ounces, up from last year’s 1,050 ounces. For Q4 2021, the second […]
Stellantis Shares Dipped After Suspending Production In Russia
Stellantis NV (NYSE: STLA) is the newest addition to international firms pulling out of Russia as it announced today the suspension of its manufacturing operations in Kaluga, a city southeast of the capital Moscow. Following the announcement, the company’s shares fell 5.8% pre-market. The move follows the company’s aim “to ensure full compliance with all […]
Quebec Health Inadvertently Tweets COVID Update Linked To Foot Fetish Porn Video
As the country faces another wave of rising COVID-19 cases, Quebec’s Ministry of Health and Social Services inadvertently tweeted an update on the pandemic response with a shortened link to a porn video. The health agency, also known as Santé Québec, updated its Twitter followers on the daily situation of the pandemic on April 13. […]
Superior Gold Produces 16,747 Gold Ounces In Q1 2022
Superior Gold Inc. (TSXV: SGI) released today its production results for Q1 2022, highlighting gold production of 16,747 ounces from its 100%-owned Plutonic Gold operations in Western Australia. This is a drop from Q4 2021’s 20,983 ounces and Q1 2021’s 17,603 ounces. The company said that the year-on-year decrease is within its expectations due to […]
Pegasus Resources To Begin Exploring Athabasca Basin Property For Uranium
With several uranium properties now under its belt, including the recent purchase of a significant asset in South Dakota, its now time for Pegasus Resources (TSXV: PEGA) to begin exploring. The firm this morning indicated it has obtained approval for its planned program in the Athabascan Basin of Saskatchewan. Work permits have been received for […]