Guggenheim started coverage on shares of RingCentral (NYSE:RNG) in a research report report published on Monday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $125.00 price objective on the software maker’s stock.
Cadila Healthcare (Cadila) is India’s leading vertically integrated pharmaceutical company. With its presence across the value chain, it manufactures finished dosage forms, active pharmaceutical ingredients, animal healthcare products
Pembina Pipeline Corp. (NYSE:PBA) isn’t a name that most investors are probably familiar with since it’s a Canadian company. Not only that, but it’s much smaller than its more well-known national rivals Enbridge (NYSE:ENB) and TransCanada (NYSE:TRP), which have made their share of headlines in the U.S. due to some controversial pipeline projects.
In roughly six and a half weeks, the day that Canadian Prime Minister Justin Trudeau, cannabis enthusiasts, and investors have long waited for will finally be here. On Oct. 17, the proverbial green flag will wave, allowing recreational marijuana to go on sale in licensed dispensaries throughout Canada. Though we’ve witnessed plenty of state-level expansion in the U.S., and observed roughly....More>>>
Earlier this month, Canopy Growth (NYSE:CGC), a leading Canadian cannabis company, reported its third-quarter results for fiscal 2019.
Net revenue soared 282% year over year to 83 million Canadian dollars, driven by the Oct. 17 opening of Canada’s recreational marijuana market. Canopy posted an operating loss of CA$157.2 million and a loss per share of CA$0.38, driven by its heavy....More>>>
Canadian Utilities Limited (TSE:CU)’s share price hit a new 52-week low during trading on Tuesday after Industrial Alliance Securities lowered their price target on the stock from C$36.00 to C$32.00. The company traded as low as C$29.95 and last traded at C$29.96, with a volume of 167433 shares traded. The stock had previously closed at C$30.50.
In this segment of Motley Fool Money, host Chris Hill asks analysts Jason Moser, David Kretzmann, and Ron Gross to share which companies they have their eyes on, and why. Their picks are Southwest Airlines (NYSE:LUV), niche healthcare play iRhythm Technologies (NASDAQ:IRTC), and Canadian cannabis company Canopy Growth (NYSE:CGC). But let’s be clear — not all of these are buy recommendations.
In April last year, Delta Air Lines Co. (NYSE: DAL) placed an order with Canada’s Bombardier for 75 of the company’s CS100 passenger jets and an option on an additional 50. The Canadian firm beat out Boeing Co. (NYSE: BA) for the order and Boeing fought back by making a case to the U.S. International Trade Commission (ITC) that Bombardier’s pricing was “absurdly low”....More>>>
Kinder Morgan (NYSE:KMI) thought it had a bright future in Canada when that country approved the multibillion-dollar expansion of its Trans Mountain oil pipeline a few years ago. The company even created separate entity to operate its Canadian assets; it expected to use Kinder Morgan Canada Limited (TSX:KML) to finance that expansion effort as well as others.
The U.S. Securities and Exchange Commission (SEC) has taken down a cryptocurrency scam offering. According to the SEC website, the commission has obtained an emergency asset freeze to halt a fast-moving initial coin offering (ICO) fraud. While this is not technically a bitcoin fraud, the reality is that it shows 1) how willing the public is to chase gains and 2) how willing potentially scammers....More>>>
U.S. stock futures are trading lower this morning. The Dow Jones is headed for its fourth losing session in a row. Tensions on Wall Street have risen since the Labor Day weekend, with trade concerns front and center.
Specifically, the U.S. and Canada are set to resume contentious trade talks after failing to reach an agreement last week. President Donald Trump has said that the U.S. will....More>>>
America’s newspapers were already struggling. Now they dread new tariffs on Canadian newsprint that they believe will make a strained situation even worse.
The US Commerce Department applied the tariffs to Canadian paper in January and March, causing the price of newsprint to spike about 30% overall, according to print publishers. The increase is making companies consider whether....More>>>
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>>>
Shares of Chipotle Mexican Grill (NYSE:CMG) dropped 21.4% in 2016, according to data provided byS&P Global Market Intelligence. The aftermath of Chipotle's food safety crisis in 2015, when cases of E. coli and norovirus popped up at Chipotle resta
Activist investor Carl Icahn declared five years ago that rival activist investor Bill Ackman would be the victim of the "mother of all short squeezes." Now he appears to be taking steps to make that happen…
On Monday, Icahn snatched up an additional 372,342 shares of Herbalife Lt