In January, shares of pot stock Aurora Cannabis Inc. sunk by 12.5 percent. This wasn’t the only thing that shook the Canadian cannabis company this year. On Thursday, February 6, a statement from Aurora announced that Chief Executive Terry Booth will be retiring from his role amid “sweeping changes” occurring for the cultivator. Just one…
You are probably wondering about psilocybin companies to invest in. Think back to several years ago when marijuana was illegal in almost every country in the world, with only a few daring to explore it’s potential in the world of medicine. Fast forward to today and marijuana is used to treat several diseases and conditions,…
For Aurora Cannabis, Inc. (NYSE: ACB), the last few months have been momentous, marked by key organizational changes including an executive reshuffle. The medical marijuana company Thursday reported a modest increase in second-quarter net revenues, which, however, decreased sequentially. The stock dropped during the pre-market trading session soon after the announcement. The Canadian firm did…
— The Kraft Heinz Company (NASDAQ: KHC) reported Q4 2019 earnings of $0.72 per share, vs. $0.68 expected. — Sales fell 5.1% to $6.5 billion, vs. $6.6 billion expected. — US net sales fell 2.7% to $4.7 billion. — Canada net sales dropped 23.8% to $457 million. — EMEA net sales were down 0.5% to…
— Zoetis Inc. (NYSE: ZTS) reported its fourth-quarter 2019 adjusted earnings of $0.92 per share versus $0.88 expected. — Revenues grew 7% to $1.7 billion versus $1.64 billion expected. On an operational basis, revenue, excluding the impact of foreign exchange, increased by 9%. — The US segment revenue rose by 6% as growth in key…
Chinese ecommerce giant Alibaba Group (NYSE: BABA) reported a 38% increase in third quarter 2020 revenue, which beat analysts’ estimates. The company reported revenue of RMB 161.5 billion or $23.2 billion. Despite beating the targets, BABA stock was down about 2% on NYSE during the pre-market trading session as investors had doubts on how the…
—  Duke Energy (NYSE: DUK) reported earnings of $0.91 per share in the fourth quarter of 2019, vs $0.87 per share expected.  — Q4 revenue was flat at $6.1 billion, vs $6.41 billion expected.  — Company announced 2020 adjusted EPS target of $5.25 and guidance range of $5.05 to $5.45. — Expands five-year capital plan by $6…
— American International Group (NYSE: AIG) reported net income attributable to shareholders of $922 million or $1.03 per share for the fourth quarter of 2019, vs. $1.0 per share expected. — Adjusted after-tax income attributable to shareholders was $919 million or $1.03 per share, compared to a loss of $559 million or $0.63 per share…
— Neptune Wellness Solutions Inc. (NASDAQ: NEPT) swung to a profit in the third quarter of 2020 from a loss last year, helped by a gain related to a reduction in the fair value of the contingent consideration in connection to SugarLeaf Labs purchase. — Total revenues jumped by 40% year-over-year to CAD9.18 million. This…
— Zebra Technologies Corporation (NASDAQ: ZBRA) reported adjusted earnings of $3.56 per share for the fourth quarter of 2019, vs. $3.65 per share expected. — Net income increased to $169 million or $3.10 per share from $115 million or $2.11 per share in the fourth quarter of 2018 — At $1.19 billion, fourth-quarter net sales…