Newsletter
Malis Government pushes for re-assessment of all mining contracts
The interim government of Mali wants to review the mining conventions signed by previous administrations with companies, said interim president Bah N'daw late Friday on the recommendation of the country's chief auditor. Mali is one of the largest gold …
Mastercard and Visa blamed for exploitative fees
According to the British Retail Consortium (BRC), card operators have reportedly doubled the fees they charge retailers in the past two years. BRC says that if the government does not act, retailers could be pressured to pass the additional cost on to …
DEA is sued for destroying a legal hemp plantation
The US Drug Enforcement Administration and others are being sued for allegedly illegally destroying a hemp plant in California. Agro Dynamics LLC states that in August 2019 it obtained the required permit to grow cannabis legally on its San Diego County …
Covid hasn't stopped the growth of the California cannabis market
The California cannabis market has continued to expand amid the COVID-19 pandemic, and legal sales are well on the way to exceed $ 6 billion in 2025, which is one-sixth of all legal cannabis sales in the United States, a leader said Analyst on Wednesday: The …
AngloGold Ashanti quadruples its free cash flow
The superlatives continue to roll through the mining sector as more and more companies publish their earnings reports. On Monday, AngloGold Ashanti said its free cash flow increased 290% in the third quarter, totaling $ 339 million. That was almost a …
Salesforce and Microsoft set up CRM team
Microsoft Corp. (NASDAQ: MSFT) teams partnered with Salesforce.com Inc. (NYSE: CRM) by integrating Salesforce's Customer Relationship Management (CRM), which enables data sharing between sales teams with Microsoft Teams. The companies partner to meet customer …
IAMGold reacts to Quebec earthquake
IAMGold announced Monday that it has ceased operations at its Westwood underground mine in southern Quebec following reports of seismic activity. The company said the incident occurred around 2:30 p.m. on Friday and all underground workers were safely …
Stifel upgrades its Under Armour Rating
Stifel reaches out to Under Armor (UA, UAA) constructively after seeing balance sheet improvements and other underlying improvements. The company moves to a buy rating after putting UAA on hold. Stifel's stance "" We are upgrading our rating to "Buy from Hold" …
UBS lowers its rating on Harley-Davidson
UBS downgrades Harley-Davidson (NYSE: HOG) to a neutral rating after moving the motorcycle stock to Buy. The company is concerned about the pace of upcoming sales growth and is taking note of the 90-day rally in its share price. "Our thesis prevailed before …
Oil Investors are not only eyeing Big Profits Only
For years, the oil industry attracted investors with substantial - and regular - returns. Even as oil prices fell, Big Oil found ways to keep paying dividends even if it had to cut them, which only happened in extreme cases. Now it's becoming increasingly …