• Regulators could sink AB InBev's $11 bln asset sale to Asahi
    Reuters Videos

    Regulators could sink AB InBev's $11 bln asset sale to Asahi

    The world's biggest brewer has a debt pile to match: around 100 billion dollars of it. But AB InBev's plans to pay down some of that by selling its Australia operations to Asahi may be in jeopardy. Australian regulators say a new combined entity would control two thirds of the local cider market. And could also raise competition concerns in the beer market there. AB's debt mountain stems largely from buying out rival SABMiller in 2016. The Belgian giant has been selling assets and took its Asian business public this year to raise funds. And hoped to close the 11 billion dollar sale of its Carlton & United Breweries arm in Australia in the first quarter of 2020. The deal would turn Japan's Asahi into the world number 3 - behind AB and Heineken. Regulators though say they won't make a final decision until March - one analyst told Reuters the deal's unlikely to get passed. The news left shares in both parties down over a per cent in early trading on Thursday (December 12).

  • Ontario paves the way for more pot stores, scrapping lottery system for licences
    Yahoo Finance Canada

    Ontario paves the way for more pot stores, scrapping lottery system for licences

    The Ontario government has scrapped its much-maligned lottery system for cannabis retail licences, paving the way for more store openings in the sparsely-served province.

  • Molson Coors (TSX:TPX.B) Could Strike It Rich in 2020 With New Cannabis Drinks
    The Motley Fool

    Molson Coors (TSX:TPX.B) Could Strike It Rich in 2020 With New Cannabis Drinks

    The partnership between Molson Coors Canada Inc. (TSX:TPX.B) and cannabis producer Hexo Corp. (TSX:HEXO)(NYSE:HEXO) could send shares soaring.

  • Is REX Shares' Leveraged Cannabis ETN Launch Untimely?
    Zacks

    Is REX Shares' Leveraged Cannabis ETN Launch Untimely?

    REX Shares has launched two cannabis-related ETNs, one among which is double leveraged. Is the launch untimely?

  • Retirees Should Know These 3 Facts About Required Minimum Distributions - December 13, 2019
    Zacks

    Retirees Should Know These 3 Facts About Required Minimum Distributions - December 13, 2019

    Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.

  • Aurora (TSX:ACB) CEO Foresees Major Marijuana Stock Carnage in 2020
    The Motley Fool

    Aurora (TSX:ACB) CEO Foresees Major Marijuana Stock Carnage in 2020

    With the company’s CEO predicting “carnage” for marijuana stocks in 2020, investors should avoid taking a position on Aurora Cannabis stock for now.

  • Is it Finally Time to Buy Canopy Growth (TSX:WEED) Stock?
    The Motley Fool

    Is it Finally Time to Buy Canopy Growth (TSX:WEED) Stock?

    Has the crash in the share prices of the top marijuana stocks run its course?

  • Scotts Miracle-Gro (SMG) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Scotts Miracle-Gro (SMG) Stock Sinks As Market Gains: What You Should Know

    Scotts Miracle-Gro (SMG) closed the most recent trading day at $101.44, moving -1.67% from the previous trading session.

  • Altria (MO) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Altria (MO) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Altria (MO) closed at $49.93, marking a -0.74% move from the previous day.

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (16,946.90, up 7.29 points.)Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.25, or 3.22 per cent, to $40.12 on 10.1 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up 22 cents, or 6.83 per cent, to $3.44 on 8.3 million shares.Encana Corp. (TSX:ECA). Energy. Up 20 cents, or 3.76 per cent, to $5.52 on 7.2 million shares.Enbridge Inc. (TSX:ENB). Energy. Down 53 cents, or 1.04 per cent, to $50.40 on 6 million shares.First Quantum Minerals Ltd. (TSX:FM). Materials. Up 36 cents, or 2.65 per cent, to $13.96 on 5.6 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Up 17 cents, or 0.67 per cent, to $25.65 on 5.5 million shares. Companies in the news:Empire Co. Ltd. (TSX:EMP.A). Down $3.25 or 9.3 per cent to $31.60. Sobeys and Safeway parent company Empire Co. Ltd. says sales softened in the last couple of months but increased overall in the second quarter to $6.44 billion, up from $6.21 billion last year while same-store sales excluding fuel increased two per cent. The company earned $154.6 million for the 13 weeks ended Nov. 2, compared with a profit of $103.8 million a year ago. On an adjusted basis, Empire earned 58 cents per diluted share in its latest quarter, up from an adjusted profit of 40 cents per share a year ago.Transcontinental Inc. (TSX:TCL.A). Up 96 cents or 7.5 per cent to $13.71. Transcontinental Inc. beat expectations even though its core earnings fell in the fourth quarter due to lower revenues from ongoing challenges in its printing sector. The Montreal-based printer and packaging company says earnings excluding proceeds from the sale of its California printing facility and other one-time items, decreased nearly 20 per cent to $69.9 million or 80 cents per share, from $87 million or 99 cents per share in the fourth quarter of 2018. Net earnings increased to $112.3 million or $1.28 per share for the period ended Oct. 27, compared with $67 million or 67 cents per share a year earlier.Transat AT Inc. (TSX:TRZ). Down seven cents to $15.91. Higher ticket prices and fees helped Transat AT Inc. triple its profits last quarter as it worked to complete its takeover by Air Canada. Net income jumped to $20.3 million in the quarter ended Oct. 31, up from $6.8 million a year earlier. Revenue rose 3.6 per cent to $693.2 million from $668.8 million. Despite spending more on maintenance than in 2018, chief financial officer Denis Petrin said, higher average ticket prices and growth in ancillary revenue led to the increase in profit. Transat shareholders voted in August to approve the acquisition by Air Canada, but the deal still faces scrutiny by regulators eyeing the impact of a takeover that will see Air Canada control about 62 per cent of transatlantic air travel from Canada.Royal Bank of Canada. (TSX:RY). Up two cents to $103.75. Royal Bank of Canada has signed a deal to sell its banking operations in the Eastern Caribbean to a consortium of banks based in the region. The agreement, RBC announced Thursday without financial terms, includes branches in Antigua, Dominica, Montserrat, St. Lucia, and St. Kitts and Nevis. It also includes regional businesses operating under RBC Royal Bank Holdings (EC) Limited in Nevis, Grenada and St. Vincent and the Grenadines. The acquiring consortium of five financial entities includes 1st National Bank of St. Lucia, Antigua Commercial Bank Ltd., National Bank of Dominica Ltd., the Bank of Montserrat and Bank of Nevis Ltd.This report by The Canadian Press was first published Dec. 12, 2019.The Canadian Press

  • Aurora Cannabis Stock Price Falls Below Book Value: Is This a Bargain Buying Opportunity?
    The Motley Fool

    Aurora Cannabis Stock Price Falls Below Book Value: Is This a Bargain Buying Opportunity?

    Should the deep discount to net book values on marijuana stocks like Aurora Cannabis (TSX:ACB)(NYSE:ACB) induce a value trade?

  • Why Scotts Miracle-Gro (SMG) is a Top Dividend Stock for Your Portfolio
    Zacks

    Why Scotts Miracle-Gro (SMG) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Scotts Miracle-Gro (SMG) have what it takes? Let's find out.

  • The Zacks Analyst Blog Highlights: Novartis, AbbVie, Sanofi, Pioneer Natural Resources and Aqua America
    Zacks

    The Zacks Analyst Blog Highlights: Novartis, AbbVie, Sanofi, Pioneer Natural Resources and Aqua America

    The Zacks Analyst Blog Highlights: Novartis, AbbVie, Sanofi, Pioneer Natural Resources and Aqua America

  • Baystreet

    Stocks in play: Canopy Growth Corporation

    Today announced the launch of First & Free – a hemp-derived CBD product line offered in a variety of ...

  • 3 Investing Facts About Required Minimum Distributions You Need to Know - December 12, 2019
    Zacks

    3 Investing Facts About Required Minimum Distributions You Need to Know - December 12, 2019

    Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.

  • Should We Worry About AbbVie Inc.'s (NYSE:ABBV) P/E Ratio?
    Simply Wall St.

    Should We Worry About AbbVie Inc.'s (NYSE:ABBV) P/E Ratio?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...

  • AB InBev's $11 billion Aussie asset sale to Asahi hits hurdle
    Reuters

    AB InBev's $11 billion Aussie asset sale to Asahi hits hurdle

    AB InBev's planned sale of Carlton & United Breweries (CUB) is part of the world's largest brewer's drive to lower debt after buying SABMiller in 2016. "The proposed acquisition would combine the two largest suppliers of cider in a highly concentrated market," the Australian Competition and Consumer Commission (ACCC) said in its preliminary view, adding the combined business would control about two thirds of cider sales in the country. Asahi might also act as a competitive constraint on the two largest beer brewers in Australia - CUB and Lion - and has "the potential to be an even bigger threat in future," the ACCC said.

  • Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - December 11, 2019
    Zacks

    Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - December 11, 2019

    Like the majority of investors, you're most likely working on a retirement portfolio that will provide a large enough nest egg to give you a comfortable retirement. Make sure you know all about what financial planners call the accumulation and distribution phases of retirement planning.

  • Vertex's Kalydeco Gets EU Approval to Treat CF in Infants
    Zacks

    Vertex's Kalydeco Gets EU Approval to Treat CF in Infants

    Vertex's (VRTX) Kalydeco gains EU nod for use in infants with cystic fibrosis aged from six to less than 12 months with at least one of specified nine mutations in the CFTR gene.

  • Top Research Reports for Novartis, AbbVie & Sanofi
    Zacks

    Top Research Reports for Novartis, AbbVie & Sanofi

    Top Research Reports for Novartis, AbbVie & Sanofi

  • Why Canopy Growth (TSX:WEED) Stock Is Rallying This Week
    The Motley Fool

    Why Canopy Growth (TSX:WEED) Stock Is Rallying This Week

    Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) is rallying this week as new leadership buoys marijuana investors.

  • Baystreet

    Stocks in play: CBD Global Sciences, Inc.

    Expanded its Aethics brand through a distribution agreement with a leading specialty beverages and healthy ...

  • Timing the Market, Is it Possible? - December 11, 2019
    Zacks

    Timing the Market, Is it Possible? - December 11, 2019

    Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?

  • What’s Next for CannTrust (TSX:TRST) After a Continued Listing Notice From NYSE?
    The Motley Fool

    What’s Next for CannTrust (TSX:TRST) After a Continued Listing Notice From NYSE?

    CannTrust stock is now trading below $1 and may get delisted from the NYSE.