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Aurora Cannabis (TSX:ACB) To Supply Medical Cannabis to Israel, Partners With Cantek
November 25, 2020 10:32 AM EST| By Team Kalkine MediaAurora Cannabis will supply Cantek, an Israeli medical marijuana company, with dried bulk flower for the following two years. The products created will be branded under both the companies' names. Aurora Cannabis now has presence in two le...
Petroshale Inc (TSXV:PSH) Posts Revenue Growth of 36% QoQ in Q3 2020
November 25, 2020 10:30 AM EST| By Team Kalkine MediaPetroShale’s revenue amounted to C$ 32.9 million in the third quarter of 2020, driven by increased realized crude oil and natural gas prices. It posted an adjusted EBITDA of C$ 10.2 million in Q3 2020, a 23 per cent growth quarter-ov...
Partners Value Investments LP (TSXV:PVF.UN) Net Income Down In Latest Quarter
November 25, 2020 10:28 AM EST| By Team Kalkine MediaPartners Value Investments LP said that it generated a net income of US$ 2 million in the third quarter ending 30 September 2020, down from US$ 14 million in Q3 2019. Its total expenses in Q3 2020 amounted to US$ 11.4, down from US$ 12.1 i...
The Flowr Corporation (TSXV:FLWR) Sees 64% YoY Revenue Growth In Q3 2020
November 25, 2020 10:27 AM EST| By Team Kalkine MediaThe Toronto-based cannabis company posted a gross revenue of about C$ 3.5 million in the third quarter ending 30 September 2020, up 15 per cent quarter over quarter. The Flowr Corporation said in its latest quarter report that it sold abou...
Why Are Clean Energy Stocks Fuel Tech, Ocean Power & Ballard Power Trending?
November 25, 2020 07:51 AM EST| By Kunal SawhneySummary Clean stocks rallied after US president-elect Joe Biden named erstwhile Secretary of State John Kerry as his climate envoy. Fuel Tech stocks have rocketed by 635 per cent in the last three months. Its 10-day average stock trading volume.....
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Which Two Midcap Pot Stocks Are On Investors’ Radar?
November 25, 2020 01:49 AM EST| By Team Kalkine MediaAs investors awaited results of US election 2020, cannabis stocks were the clear gainers. The US states of Arizona, Montana, South Dakota, and New Jersey have already legalized the recreational use of cannabis. Pot firms are now celebrating US Pres.....
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Is Canada’s Banking System Resilient After 8 Months Of COVID?
November 25, 2020 01:40 AM EST| By Team Kalkine MediaThe onset of the COVID‑19 pandemic earlier this year triggered major concerns among central banks all around the world. The outbreak of a pandemic at this level and subsequent governments measures to contain its spread would weigh down on countri...
JPMorgan red-flagged again, coughs up US$250 million as penalty
November 24, 2020 11:26 PM EST| By Team Kalkine MediaMultinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regulators found a "pattern of misconduct" for risk management and other control failings in its wealth .....
Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the second richest man
November 24, 2020 10:06 PM EST| By Team Kalkine MediaOn 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle car company's market value crossed the USD 500 billion-mark, Musk's net worth increased by nearly .....
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Bitcoin Reclaims USD 19,000 After Three Years, What’s Driving the Rally?
November 24, 2020 09:58 PM EST| By Hina ChowdharyBitcoin has once again reclaimed the USD 19,000 mark, climbing to a high of USD 19,349.0 yesterday and is presently trading at USD 19,169.00, marking the first rally over the last three years to see the crypto asset above the USD 19,000 mark. The ma...
Healthcare and Energy Pulls TSX Composite Higher
November 24, 2020 04:52 PM EST| By Team Kalkine MediaThe benchmark indices of the Toronto Stock Exchange inched higher on Tuesday, with the main S&P/TSX Composite index adding approximately 180 points or 1.05% to 17,274.25. Large-cap, mid-cap and small-cap stocks indices surged up. The benc...
Canada Monthly Export For Enterprises Declined By 0.6% In September
November 24, 2020 10:37 AM EST| By Team Kalkine MediaAfter reporting growth for four months in a row, the number of businesses that exported goods declined 0.6 per cent on a monthly basis in September. The number of small-scale exporting firms gained 0.1 per cent from August to September. T...
Royal Canadian Mint’s (TSX: MNT) Revenue Soared 115% YoY In Q3 2020
November 24, 2020 10:36 AM EST| By Team Kalkine MediaRoyal Canadian Mint reported a revenue of C$ 795.4 million in the third quarter of 2020, up 115 per cent from C$ 370.1 million in Q3 2019. The company registered total operating expenses of C$ 23.7 million in Q3 2020, a 7 per cent surge Qo...
The Green Organic Dutchman (TSX:TGOD) Gets Cannabis Export Permit From Health Canada
November 24, 2020 10:35 AM EST| By Team Kalkine MediaThe export permit allows The Green Organic Dutchman to ship its cannabis products to Europe. The cannabis manufacturer plans to ship its first batch of medical cannabis to Germany for stability testing, the last leg before it receives EU-G...
Vibe Growth Corporation (CSE: VIBE) Posts 73% YoY Revenue Surge in Q3 2020
November 24, 2020 10:34 AM EST| By Team Kalkine MediaThe vertically integrated cannabis company recorded a revenue of US$ 7.24 million, in the third quarter ending 30 September 2020. Vibe Growth’s adjusted EBITDA of US$ 1 million surged 269 per cent year over year. The company also ge...
Elon Musk Becomes World's Second-richest Person, Overtakes Bill Gates
November 24, 2020 10:34 AM EST| By Team Kalkine MediaThe Tesla and SpaceX founder’s net worth skyrocketed US$ 7.2 billion to reach US$ 127.9 billion, motored primarily by the recent surge in Tesla’s stock price. Elon Musk’s net worth climbed US$ 100.3 billion so far this ye...
How Are Businesses Encashing the Gold Bonanza?
November 24, 2020 08:00 AM EST| By Hina ChowdharyGold has been quite the charmer as a safe haven asset in 2020 with the spot price vaulting to a record high of USD 2,073.41 per ounce in August 2020. The impeccable rally in gold prices has brought a smile on many faces with several banks, royalty .....
Black Friday 2020: What Deals To Look Forward In Canada?
November 24, 2020 07:58 AM EST| By Hina Chowdhary@Kalkine Image Black Friday is almost here and so is the smell of fresh, attractive discount offers. One of the biggest sale days of the year, Black Friday is a time when big brands are up for grabs at eye-popping discounts and sellers such...
Game over for Trump? Emily Murphy finally gives the green light to Biden’s transition
November 24, 2020 07:07 AM EST| By Edita IvancevicIt has been almost three weeks since the US got a new president-elect – Democrat Joe Biden. The whole world has followed the elections closely, as a new American president means a big deal for everyone, on various fronts – stock markets.....
Why Is Bombardier (TSX:BBD) Among Most Active Stocks On TSX?
November 24, 2020 05:11 AM EST| By Team Kalkine MediaThe COVID-19 pandemic has decimated the market value of Bombardier Inc (TSX: BBD.B). This once-powerful industrial stock has plunged by nearly 79 per cent year-to-date. In contrast, the S&P/TSX Capped Industrials Index has grown abou.....
