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Tilray Launches $250M At-The-Market Program To Boost Acquisitions, Eyes Expansion With U.S. Cannabis Rescheduling
Friday, May 17, 2024 - 9:15am | 555Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY), a Canadian medical cannabis giant, announced Friday that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission (SEC), under which it may offer and sell shares of its common stock having an aggregate offering value of up...
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World Bank Issues First Blockchain Bond: An 'Important Moment' For Digital Asset Class
Tuesday, October 24, 2023 - 4:55pm | 605Euroclear announced the successful settlement of its inaugural digital note, a World Bank offering on the Luxembourg Stock Exchange, which amassed 100 million euros ($106 million) dedicated to sustainable development initiatives. In connection with this, it's worth noting that discussions about...
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Oil Prices Pull Back From 6-Year Highs After OPEC Fails To Reach Production Deal
Tuesday, July 6, 2021 - 11:00am | 558The United States Oil ETF (NYSE: USO) is trading lower by 1.9% on Tuesday morning despite crude oil prices hitting their highest level in six years. What Happened? West Texas Intermediate crude futures traded as high as $76.98 before pulling back to $75.15 in early trading. The peak represents...
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Fintech Focus For December 11, 2020
Thursday, December 10, 2020 - 6:51pm | 2295Quote To Start The Day: US President Donald Trump and his backers, having been stymied dozens of times by judges and elections officials across the country, are confident one last-ditch lawsuit will overturn his election loss. “All I ask for is people with wisdom and with courage, that...
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Analysts Mixed On BlackBerry Following 23% Drop
Wednesday, September 25, 2019 - 9:40am | 501Shares of BlackBerry Ltd (NYSE: BB) hit a multi-year low Tuesday in reaction to a fiscal second-quarter report highlighted by a miss in its Internet of Things and cybersecurity division. The Analysts TD Securities analyst Daniel Chan maintains a Buy rating on Blackberry with a price target lowered...
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What Analysts Think Of BlackBerry's Turnaround
Monday, April 1, 2019 - 11:53am | 640BlackBerry Ltd (NYSE: BB) CEO John Chen said Friday after the company's fourth-quarter report its turnaround is complete. The transition from smartphone maker to software and services should result in the company seeing year-over-year growth in all four quarters. Here is a summary of how...
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Canada Goose Analysts React To Q3 Print: Should Investors Buy The Dip?
Friday, February 15, 2019 - 1:03pm | 627Canadian apparel maker Canada Goose Holdings Inc (NYSE: GOOS) reported Thursday morning with fiscal third-quarter results that prompted a sell-off in the stock despite a beat-and-raise print. Here's how the Street reacted. The Analysts TD Securities' Meaghen Annett maintains a...
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The Street Reacts To BlackBerry's Cylance Acquisition
Monday, November 19, 2018 - 12:42pm | 632Canada-based BlackBerry Ltd (NYSE: BB) reached an agreement last week to acquire Cylance, a threat detection cybersecurity company with a specialty in artificial intelligence. Here's how the sell-side reacted to BlackBerry's largest M&A move to date. The Analysts CIBC...
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TD Securities Upgrades Gildan, Says Strategic Transformation Is Underway
Thursday, May 3, 2018 - 3:42pm | 475Gildan Activewear Inc (USA) (NYSE: GIL) may have missed first-quarter earnings estimates Wednesday, but shares are moving considerably higher after a new analyst report projects greater visibility on the apparel company's growth. The Analyst TD Securities analyst Brian Morrison upgraded...
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Despite Suncor Energy Stock's Relative Strength, TD Securities Downgrades
Friday, November 17, 2017 - 3:23pm | 237Suncor Energy Inc. (USA) (NYSE: SU) announced its 2018 capital program and production outlook, reducing capex and increasing production. The Analyst TD Securities' Menno Hulshof downgraded the stock from Buy to Hold, with a price target of $50. The Thesis The analyst said that midpoint 2018...
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Analyst Previews BlackBerry's Q2: Bookings Should Buoy Software Revenue
Monday, September 25, 2017 - 4:07pm | 426Previewing BlackBerry Ltd (NASDAQ: BBRY)'s fiscal year second-quarter results due before the markets on Thursday, TD Securities said it expects bookings to buoy software revenue. As such, the firm maintains its Buy rating and 12-month price target of $11.50 on shares of BlackBerry. Strong...
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TD Securities Downgrades Waste Connections Following WasteExpo Conference
Monday, June 13, 2016 - 4:53pm | 172TD Securities' Damir Gunja downgraded Waste Connections, Inc. (NYSE: WCN) from Buy to Hold with a price target of $78. The downgrade came after the WasteExpo conference. The analyst's positive view on Waste Connections remained as the "industry had several more years of cyclical...
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What Other Commodity Is Tesla Disrupting?
Monday, May 9, 2016 - 8:24am | 354Tesla Motors Inc (NASDAQ: TSLA)'s status as a "disruptor" to the auto industry is a well understood story. However, the company's status as a "disruptor" to the metals industry is little understood and has perhaps been under-reported – until now. According to the Wall Street Journal, it is...
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BlackBerry Earnings Preview: Can Shares Continue Higher Following Q4 Results?
Thursday, March 31, 2016 - 4:25pm | 627BlackBerry Ltd (NASDAQ: BBRY) is scheduled to announce its fourth quarter financial results before Friday's market open. Let’'s take a look into what some of the top analysts in Wall Street are saying about the company. According to Estimize, the Street is modeling a consensus net...
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ECB Continues Down Rate Reduction Road
Thursday, March 10, 2016 - 10:49am | 729The European Central Bank (ECB) stunned the market with three-pronged cut in interest rates and expansion of its bond-buying program. The ECB trimmed the interest rate on the main refinancing operations of the eurosystem by 5 basis points down to 0.00 percent. The interest rate on the marginal...