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South African Spirits Company Distell Backs Cannabis Brand Rethink
Wednesday, February 3, 2021 - 11:22am | 628Read More...South African wine and spirits company Distell is now in the cannabis industry. The producer of Bunnahabhain and Deanston Scotch whiskies teamed up with venture capital firm Invenfin to invest in cannabis wellness brand Rethink, The Spirits Business reports. Under the deal with the owner of...
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Fintech Focus For November 17, 2020
Monday, November 16, 2020 - 7:48pm | 2009Read More...Quote Of The Day: Let us always meet each other with a smile, for the smile is the beginning of love. - Mother Teresa Fintech Movers: So far, in 2020 (January to October), FinTechs have raised approximately $35.69 billion compared to the $37.07 billion raised in the same period in 2019. - MEDICI...
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Aurora Continues To Sell Assets, Places Focus On 'Core Markets'
Wednesday, October 14, 2020 - 10:44am | 386Read More...Aurora Cannabis Inc. (NYSE: ACB) opted to part ways with Australia-based Cann Group. The Canadian cannabis company sold its 12% stake via off-market trades "to a small number of undisclosed buyers" on Friday, Oct 9, after the market closed. Aurora is also selling its...
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Fintech Focus Roundup For July 4, 2020
Tuesday, July 7, 2020 - 9:48am | 865Read More...'Breaking The Information Asymmetry' What Is Happening? Capital Market Laboratories (CML) launched Stock Trading Machine, a technical analysis chart profit builder in which users can instantly view the result of technical conditions applied onto a stock chart. What Does It Mean? “We...
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Fintech Focus For June 29, 2020
Monday, June 29, 2020 - 10:17am | 1810Read More...Daily Perspective: The greatest glory in living lies not in never falling, but in rising every time we fall. - Nelson Mandela Fintech Movers: Ally Financial and CardWorks are terminating their planned $2.65 billion merger, the companies announced Wednesday in a press release. The companies cited...
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'Sophisticated, But Intuitive': Stake Enhances Trade App, Sees Increased Volumes
Sunday, June 28, 2020 - 8:26pm | 487Read More...Alongside the COVID-19 coronavirus pandemic lockdowns, investors sheltered at home searched for ways to maintain engagement with the outside world, thus fueling a massive rise in retail trading activity. In light of the increased trading activity, the commission-free trading platform Stake saw a...
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Stake Launches In UK, Brings US Markets To Palms Around The World
Wednesday, February 12, 2020 - 10:52am | 536Read More...Stake, a commission-free trading app for stocks and ETFs, launched Wednesday in the United Kingdom. Stake’s co-founder and COO, Dan Silver, spoke with Benzinga regarding the firm’s prospects. What Is It? Stake is a commission-free, fractional trading application that allows global...
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SCA To Raise Stake In Vinda International
Tuesday, April 10, 2012 - 6:34am | 48Read More...Swedish company Svenska Cellulosa AB (OTC: SVCBY) announced its plans to lift its stake in Chinese company Vinda International Holdings Ltd. SCA will buy another 5% of the shares in Vinda for about SEK600 million ($88.4 million). SCA shares closed at $16.58 yesterday.
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Singapore's GIC Acquires 5% of Bunge
Friday, February 24, 2012 - 6:38am | 68Read More...The Government of Singapore Investment Corp (GIC) has purchased a 5% stake in Bunge Ltd (NYSE: BG), according to a filing with the Securities and Exchange Commission. GIC said in a filing to the SEC, that it had acquired 7.305 million shares of Bunge Ltd, valuing its stake at $496 million. Bunge...
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Fiat Increases Stake In Chrysler By 5%
Thursday, January 5, 2012 - 5:51am | 37Read More...Fiat S.p.A. (OTC: FIATY) has lifted its stake in Chrysler Group by 5%. Fiat raised its stake in Chrysler Group to 58.5%. Fiat shares dropped 2.58% to close at $4.91 yesterday.
