Jefferies analyst Owen Bennett trimmed revenue expectations for four major cannabis names from the U.S. and Canada, but kept his ratings intact on the heels of quarterly updates from Curaleaf Read more
Tag: Takes
U.S. stocks end mixed as rally tied to cooler inflation data takes breather
U.S. stocks ended mostly lower on Thursday, despite hitting a three-month high early in the session after another batch of July inflation data suggested that surging price gains may be Read more
Trump will lead conservatives until he ‘takes his last breath,’ CPAC chair says
Matt Schlapp, chairman of the Conservative Political Action Coalition (CPAC), believes former president Donald Trump will lead the conservative movement until “he takes his last breath.” Schlapp described Trump’s relationship with the Republican party Read more
AMC takes aim at massive debt burden with ‘APE’ special dividend
AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is Read more
Best Buy adds to retailer woes, cutting outlook as end of PC boom takes its toll
The end of a boom in personal-computer sales is landing on Best Buy Inc.’s financial statements. The electronics retailer warned investors Wednesday afternoon that it will not hit financial targets Read more
Stocks have doubled their earlier gains as Fed chairman Powell takes podium
Stocks have doubled their earlier gains as Fed chairman Powell takes podium
Activist investor Elliott Management takes stake in PayPal
Activist investor Elliott Management Corp. has a stake in PayPal Holdings Inc., according to people familiar with the matter. The size of Elliott’s stake and its intentions couldn’t be learned. PayPal has Read more
Clover finds winning formula as it takes on the ‘Apple’ of payment devices
Tucked inside nearly 40-year-old Fiserv Inc. is a Square-like business that’s actually larger than the flashy Jack Dorsey company. Fiserv’s FISV, -2.18% Clover business may not have the same pop-culture Read more
U.S. COVID cases tick higher as BA.5 takes hold, and U.K. to offer second booster to those aged 50 and older
U.S. COVID cases are rising again after being steady for several months, as the BA.5 omicron subvariant becomes dominant. BA.5 is understood to be the most transmissible variant seen so Read more
U.S. COVID cases tick higher as BA.5 takes hold, and U.K. to offer second booster to those aged 50 and older
U.S. COVID cases are rising again after being steady for several months, as the BA.5 omicron subvariant becomes dominant. BA.5 is understood to be the most transmissible variant seen so Read more