After nearly a year of next-to-no deal-making, cannabis companies are gearing up for mergers and acquisitions as realistic stock valuations and the prospect of U.S. legalization attract buyers to a sector that has been decimated by oversupply and other issues, executives and investors say.
In trading on Tuesday, shares of NovaGold Resources Inc. (Symbol: NG) crossed below their 200 day moving average of $8.76, changing hands as low as $8.39 per share. NovaGold Resources Inc. shares are currently trading off about 6.8% on the day. The chart below shows the one
China is continuing to buy U.S. goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, top White House economic adviser Larry Kudlow said on Tuesday.
North America's regulations for handling ammonium nitrate, a potentially explosive product used in fertilizer and in the mining industry, are the strictest in the world, the chief executive officer of Canadian fertilizer producer Nutrien Ltd said on Tuesday.
North America's regulations for handling ammonium nitrate, a potentially explosive product used in fertilizer and in the mining industry, are the strictest in the world, the chief executive of Canadian fertilizer producer Nutrien Ltd said on Tuesday.
China is continuing to buy U.S. goods and particularly commodities under the U.S.-China Phase 1 trade deal signed in January, despite rising tensions on Hong Kong and other issues, White House economic adviser Larry Kudlow said on Tuesday.
In trading on Tuesday, shares of Cleveland-Cliffs Inc (Symbol: CLF) crossed above their 200 day moving average of $6.12, changing hands as high as $6.27 per share. Cleveland-Cliffs Inc shares are currently trading up about 3.3% on the day. The chart below shows the one yea
Boeing Co lost another 43 orders for its grounded 737 MAX planes in July, bringing the total cancellations for the jet this year to 398, while delivering only four of its other aircraft to customers, monthly numbers showed on Tuesday.
Eli Rozenberg's bid for a controlling stake in El Al Israel Airlines is below the price that can be obtained in a public share offering and may struggle to gain board support, said a source close to the board who declined to be named.
FXEmpire.com - Russia Approves The World’s First COVID-19 Vaccine
Earlier today, Russia announced that it had approved its first COVID-19 vaccine, which is the first approved coronavirus vaccine in the world.
Producer prices in Canada gained 0.5% in July from June, primarily on higher prices for energy and petroleum products, Statistics Canada said on Tuesday in a preliminary flash estimate.
The China Nonferrous Metals Industry Association's CMRA recycling branch (CMRA) is urging shippers to continue carrying copper and aluminium scrap, it said on Tuesday, citing concern over potential raw material shortages.
Canada Goose Holdings Inc on Tuesday posted a wider first-quarter loss from a year earlier, as the COVID-19 pandemic forced the luxury parka maker to temporarily shut some of its stores.
Canada Goose Holdings Inc said on Tuesday revenue from its wholesale partners would be lower in fiscal 2020, as traffic at department stores remains under pressure due to the coronavirus pandemic.
FXEmpire.com - Occidental Petroleum, an international oil & gas exploration and production company, reported a loss of $8.35 billion in the second quarter, largely affected by the steep decline in energy prices due to significant drop in demand amid COVID-19 pandemic, sendin
Britain's Heathrow Airport renewed its call for COVID-19 testing at airports on Tuesday as it reported an 88% plunge in July passenger numbers due to ongoing restrictions on travel which it said were strangling the UK economy.
Media conglomerate Vivendi and investment firm Amber Capital, the two largest shareholders in French media group Lagardere, have formed a pact to seek boardroom seats at Lagardere.
Aurubis AG, Europe's largest copper producer, on Tuesday confirmed its earnings forecast for its current financial year, after posting a sharp rise in quarterly earnings mainly on uninterrupted high production at smelter sites during the coronavirus crisis.