Subway Announces Completion of Sale to Roark Capital
Subway, the global sandwich chain, has officially been acquired by affiliates of Roark Capital, marking the end of a lengthy and complex sale process, the company announced on Tuesday. The acquisition follows three years of impressive sales growth and positive global net restaurant growth for Subway, a first since 2016. Despite the change in ownership, […]
Apollo Global Caught Betting On Death Through Shell Companies
On Wednesday, a lawsuit was filed against Apollo Global Management Inc (NYSE: APO), alleging that the private equity firm engaged in a fraudulent conspiracy involving illegal life insurance policies, according a report from Bloomberg. The case revolves around the death of Martha Barotz, a New York State resident who, in 2006 was paid $150,000 by […]
DeSantis Doesn’t Want Florida To Be “Reeking of Marijuana”, Vows To Stop Cannabis Measure
Florida Governor and former presidential candidate Ron DeSantis has intensified his opposition to marijuana legalization as the state approaches a crucial decision in the upcoming November ballot. In a recent statement, DeSantis pledged to actively engage in efforts to defeat the proposed cannabis reform, citing concerns over its potential impact on the state’s quality of […]
Loblaw Claims CPI Food Inflation Higher Than Internal Inflation In Q1 2024 Financials, Hikes Dividend
Loblaw Companies’ (TSX: L) unveiled its first-quarter financial results showcasing a remarkable surge in earnings and revenue, accompanied by an impressive dividend increase. The company, parent to popular brands like Loblaws and Shoppers Drug Mart, announced a substantial 15% boost in its quarterly dividend, elevating it to 51.3 cents per share from 44.6 cents per […]
Red Pine Exploration Withdraws All Previous Assay Results From Flagship Wawa Gold Project
Red Pine Exploration (TSXV: RPX) is set to have a rough day of trading after announcing this morning that it is withdrawing previously released assay results for its Wawa Gold project in Ontario. Rather than withdraw recent results, it appears that the company is withdrawing results from the project in their entirety, stating that the […]
Sterling Metals Set To Acquire Copper Road Project
Sterling Metals (TSXV: SAG) is set to acquire a new copper project in the Sault Ste. Marie region of Ontario. The company last night saw shareholders of Copper Road Resources (TSXV: CRD) overwhelmingly approve the sale of the Copper Road project to the company.
Intrepid Metals Hits 0.68% Copper Over 193 Metres At Corral Copper Project
Intrepid Metals (TSXV: INTR) has seen success under its initial drill program at the Corral Copper property in Arizona. The firm this morning reported results on an initial twelve holes conducted at the property, which were conducted as part of a 5,000 metre drill campaign. The drill program is focused on the Holliday, Earp, and […]
Old SkyDome Seats Become Trash When They Could’ve Been Treasure for Hundreds of Fans
The Toronto Blue Jays’ $300-million renovation plans for the Rogers Centre have been met with mixed reactions after images of discarded seats from the stadium surfaced online. A Reddit post, which has garnered over 1,100 upvotes, showed a mountain of blue seats lying among other forgotten items at Don Mills Metal and Scrap in Gormley, […]
US Senate Passes Bill To Ban Russian Uranium Imports
The US Senate is said to have finally passed a bill supporting the ban of Russian uranium imports this evening. Referred to as the Prohibiting Russian Uranium Imports Act, the bill is said to have been approved by unanimous consent. The bill, if signed into law by Biden, would see the ban of US importation […]
Cannabis Stocks Run On US Rescheduling Leak By Associated Press
The cannabis sector has seen a fire lit under it following reports from the Associated Press that the US government is moving to reschedule cannabis. A number of major names in the sector have seen their equities halted as a result of the sudden volatility that hit, following the reporting by AP. Names halted include […]