Apple Stock Price Falls As Analysts Warn iPhone X Sales Are Dropping. Analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lacklustre demand at the end of the holiday shopping season, and the company’s shares fell Tuesday along with those of some suppliers. Sinolink...
Air Canada has signed a definitive agreement to buy the Aeroplan loyalty program from Aimia Inc. for $450 million in cash. Under the deal, Air Canada will also assume $1.9 billion of Aeroplan miles liability. The definitive agreement follows an announcement in August of a tentative sale. Air Canada says it...
Shares in GameStop rose as much as 130% higher early on in Wednesday's pre-market, after billionaire Elon Musk tweeted "Gamestonk!!" in after-hours trading. "Stonks" is usually used in investing banter on social media for widely-held stocks. The Tesla founder posted a link to the popular subreddit WallStreetBets, members of which have...
On Thursday, relatively new legal marijuana player Green Growth Brands (OTCQB:GGBXF) offered to swap GGBXF shares for all outstanding shares of Aphria (NYSE:APHA), suggesting the offer was worth $11.00 (Canadian, or roughly $8 in U.S. dollars) per share of Aphria stock. All told, the suitor says the proposed deal...
Monday, February 15, 2021 is President’s Day. Many of us like to get tasks such as banking done on Mondays. And it can be hard to remember which holidays banks close for. So you might find yourself wondering, “are banks open on President’s Day 2021?” When Is President’s Day President’s Day...
Elon Musk just became the richest person in the world, with a net worth of more than $185 billion. Thursday’s increase in Tesla’s share price pushed Musk past Jeff Bezos, who had been the richest person since 2017 and is currently worth about $184 billion. Musk’s wealth surge over the...
John Cronin is crazy about socks. Actually, he is crazy about crazy socks. Hence the name for his online sock company, John's Crazy Socks, that sells crazy, unusual, distinctively fun socks. John and his father/co-founder, Mark, were in town for New Avenues to Independence's gala Applause at the Zoo...
(Reuters) - Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while selling mortgage-backed securities to two large California pension funds, the state’s attorney general has announced. The settlement announced on Friday by California Attorney General Xavier Becerra was the...
Michael Burry cashed out his GameStop shares last quarter, meaning he probably missed out on the Reddit-fueled buying frenzy that boosted the video-game retailer's stock up as much as 2,500% last month. Burry is best known for his billion-dollar bet against the US housing-market bubble, which was chronicled in the...
(Reuters) - A U.S. judge on Friday overturned a $150 million verdict against AbbVie Inc that was the first to result from lawsuits claiming that the company fraudulently misrepresented the risks of its testosterone replacement drug AndroGel. U.S. District Judge Matthew Kennelly in Chicago ruled that...