Stocks
Nikola shares under pressure after founder resigns
"I have asked the board of directors to resign from my duties as executive chairman and board member of Nikola (NASDAQ: NKLA)," Tevor Milton wrote in a tweet. "The focus should be on the company and its world-changing mission, not me. I intend to defend myself …
European stock markets under pressure after Corona cases are on the rise again
European inventories are declining, driven by a surge in COVID-19 cases across the continent and a decline at HSBC and Standard Chartered after UK funders reportedly moved illicit funds. London -2.51%. Germany -2.20%. France -1.89%. Top European banks' stocks …
SoftBank ceased their share buyback program in August
SoftBank Group Corp (T: 9984) paused share buybacks Aug. 4-31 ahead of major asset sale announcements, a stock market report showed Tuesday, in a decline in support for the stock after 1 trillion yen ($ 9.4 billion ) were issued. The Japanese conglomerate …
Fiat Chrysler to pay much lower dividends this year
1040/5000 Fiat Chrysler (NYSE: FCAU) + 4.3% after close of business as it announces with PSA Group (OTCPK: PUGOY) that the companies have changed the terms of their merger to preserve their liquidity. Fiat Chrysler says it will now pay € 2.9 billion in …
Activities in Australia will mean a fresh push for Canadian cannabis stocks
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD), a Canadian cannabis stock, climbed 11% to $ 0.36 on Friday after announcing that it had signed an exclusive distribution agreement with Australian distributor LeafCann for international exports to Australia …
3M announces an increase in revenues in Q3
3M (NYSE: MMM) reported August sales growth of 2% year-over-year to $ 2.7 billion, led by a 23% increase in healthcare. Organic sales in local currencies decreased 2%, while acquisitions, adjusted for divestments and currency translation, increased sales by 3% …
Eric Sprott to increase its shareholdings in Aftermath Silver
Eric Sprott announced that a company he benefited from acquired 9.2 million shares of Aftermath Silver (OTC: FLMZF) following a private placement of $ 5.98 million at a price of $ 0.65 per share. Mr. Sprott now owns 24.1 million common shares and 7.4 million …
Should Tesla have been accepted into the S&P 500?
The S&P 500 is an exclusive club of the 500 largest companies by market cap on the NYSE or Nasdaq, and the addition of three new companies to replace the three departing companies on Friday was a big deal - especially with EV darling Tesla (NASDAQ: TSLA) …
Newmont rumors cause Orosur shares to soar
Orosur Mining Inc. \\\[OMI-TSX, AIM\\\] shares rallied Thursday, September 3, after the company said it was informed that Newmont Goldcorp Corp. \\\[NGT-TSX; NEM-NYSE\\\] will continue to exercise its rights under an option agreement for the Anza Project in …
Americas Gold raised nearly $ 40 million
Americas Gold and Silver Corp. \\\[USA-TSX; USAS-NYSE American\\\] announced Friday, September 4, that the company has raised $ 39.4 million from major financing through a "bought deal" that will sell 10.2 million shares of common stock for one price of $ 3.86 …