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David Rosenberg Takes Another Swipe At Bitcoin: 'You Want To Get Rich...Barbell Your Holdings With Lottery Tickets'
Tuesday, January 16, 2024 - 12:49am | 952Economist David Rosenberg, president of Rosenberg Research said that the volatile nature of cryptocurrencies like Bitcoin (CRYPTO: BTC) makes them akin to gambling rather than sound investing. What happened: Drawing a comparison to more conventional investments, Rosenberg said in a morning note on...
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Curaleaf Appoints Tyneeha Rivers As Chief People Officer
Tuesday, May 24, 2022 - 10:45am | 494Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX: CURLF) a leading international provider of consumer products in cannabis, appointed Tyneeha Rivers to the role of chief people officer for Curaleaf, a new position. The move follows the recent announcement of Matt Darin being named CEO, replacing Joe...
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Cresco Labs Hires Megan Kulick As Senior Vice President For Investor Relations
Wednesday, February 16, 2022 - 9:52am | 213Cresco Labs (OTCQX: CRLBF) has appointed Megan Kulick to the role of senior vice president of investor relations. “Megan’s experience in the cannabis industry paired with a long and successful career at some of the most prestigious banks and investment managers makes her the perfect fit...
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EXCLUSIVE: Pico's Jarrod Yuster On Building A Firm Critical To Smooth Functioning Markets
Tuesday, January 11, 2022 - 1:29pm | 1055What keeps a 12-year financial markets infrastructure entrepreneur up at night? It’s the fear of complacency and not having the wherewithal to keep up with innovation. “You can never get complacent,” Jarrod Yuster, the chairman, founder and co-CEO of Pico told Benzinga...
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Merrill Lynch Relaxing Its Approach To Cannabis Businesses
Friday, September 3, 2021 - 7:49am | 311Merrill executives unveiled plans for “streamlining” and adding more “flexibility” to the process of onboarding clients who own or invest in marijuana-related businesses, as part of its new initiative, reported Advisor Hub. Merrill Lynch Wealth Management executives launched...
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Cannabis Co. Revolution Global Welcomes Wall Street Veteran Jared Cohen As Head Of Corporate Development
Thursday, June 3, 2021 - 7:27am | 668Multi-state cannabis operator, Revolution Global, on Thursday welcomed finance industry veteran and cannabis investor Jared Cohen as its new head of corporate development. For over 15 years Cohen had been building his investment acumen across both private and public...
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Benzinga Boot Camp Features Live Strategy Sessions For Stocks, Options On May 29
Wednesday, May 27, 2020 - 4:02pm | 390Benzinga is providing the opportunity to interact with leaders in the retail and institutional trading space at its stocks and options Benzinga Boot Camp on Friday, May 29. Featured speakers include Adam Johnson, founder at Bullseye Brief; Anne-Marie Baiynd, chief technical...
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Things To Consider When Planning For Retirement
Wednesday, May 20, 2020 - 3:59pm | 1008Before the COVID-19 coronavirus became a global pandemic, markets were in an unrelenting uptrend. However, soon after world governments began introducing stay-at-home orders, forcing the closure of non-essential businesses and unemployment of millions, financial markets experienced a historic...
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Modulus Intros Margin Trading In White Label Exchange Solution
Wednesday, November 13, 2019 - 3:53pm | 200Modulus, a U.S.-based developer of ultra-high performance trading and market surveillance tech, formally announced this week its M5 exchange platform will allow digital asset brokers the ability to offer margin trading and lending. This development comes after Modulus worked to become a leader in...
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Linx IPO: What You Need To Know
Tuesday, June 25, 2019 - 11:13am | 427The Brazilian economy is teetering, and the global macroeconomic conditions are not quite enthusing. Yet investors who are willing to make a bold bet can keep an eye on this Brazilian company that provides software solutions to retailers. The IPO Terms Sao Paulo, Brazil-based Linx S.A. (NYSE: LINX...
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This Day In Market History: Brokerages Pay Defrauded Investors Biggest US Settlement Fine
Friday, November 9, 2018 - 9:50am | 375Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On Nov. 9, 1998, a federal judge ordered 37 domestic brokerages to pay Nasdaq investors $1.03 billion for price fixing. Where Was The Market The S&P 500 closed around $1,130.20, and...
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BofA: Lyft, Magna Could Be The First Of Many Autonomous Vehicle Partnerships
Friday, March 16, 2018 - 9:53am | 475Magna International Inc. (USA) (NYSE: MGA) announced a multiyear partnership with Lyft this week — and a $200-million investment in the ride-hailing service — to develop and manufacture self-driving systems at scale. The strategy puts the companies on pace to commercialize and...
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'The Best Railroader Of Our Time': The Legacy Of Hunter Harrison
Monday, December 18, 2017 - 3:57pm | 934Hunter Harrison had barely served nine months of his four contracted years at CSX Corporation (NASDAQ: CSX) before taking a medical leave mid-December. On Saturday, the company announced his death. The CEO’s significance to the firm was seen in an 8-percent stock pullback, representing a $4-...
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What Wall Street Thinks Of The $69 Billion CVS-Aetna Deal
Monday, December 4, 2017 - 6:24pm | 1067Here we have it: the largest deal of 2017. CVS Health Corp (NYSE: CVS) confirmed Monday its agreement to acquire Aetna Inc (NYSE: AET) as a standalone business unit for about $207 per share. The parties intend to close the deal in the second half of 2018 to yield $750 million in near-term synergies...
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Analyst Sees Possible 'Big Bang' Of Upside For General Motors
Tuesday, November 28, 2017 - 1:36pm | 479There’s a lot of Street uncertainty surrounding the relative position of General Motors Company (NYSE: GM). While analysts mostly agree the automaker merits Buy or Hold ratings, there is no consensus on the firm’s place in the autonomous vehicle and fleet race. Some expect further...