As expected, the first day of the Farnborough Airshow was a busy one for the two major commercial jet makers. Boeing Co. (NYSE: BA) announced orders for some 59 new passenger jets, while European rival Airbus said it took orders for 100 new planes. Not all these orders are new or firm.
Before turning to the scoreboard, one item of special interest is an order from United Airlines for 25 Embraer....More>>>
Last month, Kinder Morgan (NYSE:KMI) finally gave up on its controversial expansion of the Trans Mountain Pipeline in Canada by selling the entire system to the Government of Canada for 4.5 billion Canadian dollars ($3.5 billion). As a result, the company will lose out on the opportunity to invest $5.7 billion in expanding the system, which would have generated CA$1.1 billion ($850 million) of annual....More>>>
Enbridge (NYSE:ENB) received a double dose of good news this week. Regulators in Minnesota not only approved its Line 3 Replacement Project through the state but said the company could take its preferred route. That means it can finish this crucial project without needing to go along a costlier alternative track, which gives it a clear path to complete it on time and on budget. As a result, the....More>>>
A quick analysis of Inovio Pharmaceuticals’ (NASDAQ:INO) stock performance history shows plenty of twists and turns — from the company’s early biomedical days to its recent advances in developing a Zika virus vaccine. But this chart shows the story hasn’t been great for investors.
Company Name Inovio Pharmaceuticals, Inc.
Current Market Cap $456....More>>>
"Short Sellers Retreat Amid Rally," ran the headline in the Wall Street Journal. Curious readers stopped and stared. It was the premise of the headline that arrested them. Who knew that there was even one bear left to give ground at the 100-month mark of the post-2008 levitation? El toro is the topic at hand. It's a most unusual bull market (we count as one the updrafts....More>>>
Energy Storage Agreements (ESAs) will upend the coal generating business. I have been traditionally skeptical of the concept pushed by greenies that wind and solar will replace coal and nuclear fuel, and that all we need are windmills and solar panels for as far as the eye can see. Their biggest challenge is the intermittent nature of their generating footprint vs. the grid’s base load requirements....More>>>
On Wednesday, spot gold prices declined by 0.42 percent to close at D1323.9 per ounce on account of stronger dollar and hawkish minutes of the FOMC which stated that the rate hike will happen sooner than expected and inflation is an area of concern for central bankers. On the MCX, gold prices declined marginally by 0.22 percent to close at Rs.30615....More>>>
A railroad has yielded one of the biggest U-turns in the history of hedge fund activism.
A year ago, Canadian Pacific CEO Hunter Harrison, 72, was working alongside hedge fund billionaire Bill Ackman of Pershing Square on a contentious effort to buy competitor Norfolk Southern for $28.4 billion, a deal Harrison said would re-shape the North American rail industry by alleviating bottlenecks....More>>>
Consolidation isn’t coming in the Canadian cannabis industry — it’s already here.
The big story right now relates to the potential acquisition of MedReleaf (NASDAQOTH:MEDFF) by Aurora Cannabis (NASDAQOTH:ACBFF). There’s no guarantee that a deal will be made, but the two companies announced that they were engaged in discussions.
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-42185167&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/42185167/960×0.jpg?fit=scale&q; data-height=&q;639&q; data-width=&q;960&q;&g; An employee trims harvested marijuana at the 7Acres facility in Tiverton, Ontario, Canada, on Tuesday, March 13, 2018. Leaders in the Senate have reached a deal on a timeline for....More>>>
They’re the giants among marijuana stocks. But they’re as different as night and day.
Canopy Growth (NASDAQOTH:TWMJF) ranks as the biggest pure-play marijuana stock on the planet right now, with a market cap of $4.6 billion. GW Pharmaceuticals (NASDAQ:GWPH) comes in second with a market cap of $3.8 billion. The former is the largest Canadian supplier of medical marijuana, while....More>>>
Valeant Pharmaceuticals International (VRX) is considering the sale of an Egyptian drug maker it bought last year, Bloomberg’sManuel Baigorri and Dinesh Nair are reporting:
Valeant Pharmaceuticals International Inc. is considering the sale of Egyptian drugmaker Amoun Pharmaceutical Co. as the beleaguered Canadian company seeks to accelerate its debt-reduction plans, according to people....More>>>
Bread (CURRENCY:BRD) traded 10.1% lower against the U.S. dollar during the 24-hour period ending at 15:00 PM ET on May 6th. Bread has a market cap of $73.13 million and approximately $1.09 million worth of Bread was traded on exchanges in the last 24 hours. One Bread token can currently be purch
There is more to learn from Texas Instruments and Central California Electronics situations. When I originally acquired these Texas Instrument shares in the summer of 1995, they were bought for the longest type of long-range investment. It seemed to me the company fully warranted this d
Liberty Broadband Corp Series C (NASDAQ: LBRDK) and Roku (NASDAQ:ROKU) are both consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, profitability, earnings