• Analysts Give Aurora Cannabis (TSX:ACB) Stock a $1 Target: Time to Sell?
    The Motley Fool

    Analysts Give Aurora Cannabis (TSX:ACB) Stock a $1 Target: Time to Sell?

    After being downgraded to a $1 target price, is Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) stock a sell?

  • Scotts Miracle-Gro Up 10% in 3 Months: What's Driving it?
    Zacks

    Scotts Miracle-Gro Up 10% in 3 Months: What's Driving it?

    Upbeat fiscal 2020 view as well as healthy growth prospects of the Hawthorne business are driving Scotts Miracle-Gro's (SMG) shares.

  • Can Coca-Cola (KO) Retain Its Positive Earnings Trend in Q4?
    Zacks

    Can Coca-Cola (KO) Retain Its Positive Earnings Trend in Q4?

    Coca-Cola's (KO) fourth-quarter 2019 results are likely to reflect benefits from its innovation efforts, product investments, strength across regions, and robust price/mix and volume.

  • Here's All You Must Note Ahead of McCormick (MKC) Q4 Earnings
    Zacks

    Here's All You Must Note Ahead of McCormick (MKC) Q4 Earnings

    McCormick's (MKC) fourth-quarter fiscal 2019 results are likely to reflect gains from innovation and savings from the CCI program. However, volatile currency movements are concerning.

  • Aurora (TSX:ACB) Stock Has a Measly $1.30 Price Target for 2020
    The Motley Fool

    Aurora (TSX:ACB) Stock Has a Measly $1.30 Price Target for 2020

    Shares of the cannabis giant Aurora Cannabis (TSX:ACB)(NYSE:ACB) have declined by more than 83% since March 2019.

  • Are These 2 Top Canadian Cannabis Stocks a Buy?
    The Motley Fool

    Are These 2 Top Canadian Cannabis Stocks a Buy?

    Canopy Growth Corp (TSX:WEED)(NYSE:CGC) and a rival in the legal cannabis space could be strong plays for contrasting strategies.

  • Market Exclusive

    Market Morning: Biden v Facebook, Idahoans Splurge in Oregon, BoJo Threatens the Axe,

    Biden Can’t Abide Facebook Joe Biden is going after Facebook (NASDAQ:FB). He wants to get rid of a law that protects Facebook and other social media sites from liability for posts by its users. This would mean that Facebook could potentially be sued by anyone who claims that a post on Facebook caused or was […]The post Market Morning: Biden v Facebook, Idahoans Splurge in Oregon, BoJo Threatens the Axe, appeared first on Market Exclusive.

  • Coronavirus Jitters Surface as the Focus Shifts to Employment Numbers and the GBP
    FX Empire

    Coronavirus Jitters Surface as the Focus Shifts to Employment Numbers and the GBP

    More stats due out of the UK could test the Pound further this afternoon. Earlier in the day, the BoJ held rates steady.

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (17,597.39, up 38.37 points).Bombardier Inc. (TSX:BBD.B). Industrials. Up 10 cents, or 8.93 per cent, to $1.22 on 17.4 million shares.Encana Corp. (TSX:ECA). Energy. Down 14 cents, or 2.63 per cent, to $5.19 on 6.1 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down two cents, or 0.72 per cent, to $2.75 on 4.6 million shares.Cenovus Energy Inc. (TSX:CVE). Energy. Down three cents, or 0.25 per cent, to $12.08 on 3.7 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Down one cent, or 6.25 per cent, to 15 cents on 3.4 million shares.Ballard Power Systems Inc. (TSX:BLDP). Industrials. Up 55 cents, or 3.49 per cent, to $16.29 on 2.45 million shares.Companies in the news:BCE Inc. (TSX:BCE). X. TekSavvy Solutions Inc. is appealing to Canadian consumers for support in a politically charged battle between Canada's independent internet service providers and the big phone and cable companies. Bell, Rogers and Canada's other major phone and cable companies asked the federal cabinet in November to overrule a 2019 regulatory decision that slashes how much they can charge independent ISPs like TekSavvy. The industry giants argued the Canadian Radio-television and Telecommunications Commission overstepped its authority in August by cutting wholesale capacity rates by up to 43 per cent and chopping access rates up to 77 per cent.Canam Group Inc. — A group of Quebec investors including the founding Dutil family is buying back the Canadian operations of the Canam Group architectural steel company, as well as certain assets in the United States and overseas, less than three years after selling them to a U.S. private equity firm. The transaction, which is expected to close in the coming weeks, will total more than $840 million and account for nearly 2,700 of the company's 4,900 employees..This report by The Canadian Press was first published Jan. 20, 2020. The Canadian Press

  • Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - January 20, 2020
    Zacks

    Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - January 20, 2020

    The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

  • Archer Daniels (ADM) to Post Q4 Earnings: What's in Store?
    Zacks

    Archer Daniels (ADM) to Post Q4 Earnings: What's in Store?

    Softness in Ag Services and Oilseeds, and Carbohydrate Solutions units is likely to have negatively impacted Archer Daniels' (ADM) Q4 performance. Its growth efforts are expected to have benefited.

  • Altria Focuses on Pricing & RRPs Amid Low Cigarette Volumes
    Zacks

    Altria Focuses on Pricing & RRPs Amid Low Cigarette Volumes

    Altria's (MO) expansion in RRPs and focus on pricing bode well amid declining cigarette shipment volumes.

  • Is Cronos (TSX:CRON) Stock a Solid Long-Term Bet?
    The Motley Fool

    Is Cronos (TSX:CRON) Stock a Solid Long-Term Bet?

    Cronos stock is down 66% from its record high. Will it make a comeback in 2020 and increase investor wealth in the long term?

  • Planes, Trains, Autos Eclipse Miners in Fabric of Canada Market
    Bloomberg

    Planes, Trains, Autos Eclipse Miners in Fabric of Canada Market

    (Bloomberg) -- Move over materials, there’s a new kid on the block. The C$300 billion ($230 billion) industrials group has ousted miners and forestry stocks to become the third-most valuable collection of companies on Canada’s equity market, behind banks and energy.Comprised mainly of transportation, engineering and construction stocks, industrials are generally seen as cyclical stocks and had blockbuster gains last year with a 24% rally. That was behind only tech and utilities.Last year Ballard Power Systems Inc.’s shares more than doubled after reporting a technology breakthrough that will reduce the amount of high-cost platinum used in its fuel-cell products. Air Canada came in second in the group after announcing a planned acquisition of tour operator Transat AT, accelerating its global presence in the leisure industry.Ballard’s surge has continued this year, climbing about 70% in January, as China signaled it wouldn’t further cut subsidies for electric vehicles, easing some fears for battery investors.One drag on the sector has been Bombardier Inc., which saw its stock slump and bonds tumble last week after the company said it was rethinking the A220 jet program with Airbus as it seeks ways to increase cash flow to help with paying down its $10 billion debt load. But, at a shadow of its former self, its contribution to the sectoral gauge is less than 1%.Markets -- Just The NumbersChart of The WeekEconomyCanadian businesses reported improved sentiment amid reduced concern about global trade conflicts, according to a Bank of Canada survey. Future sales like new orders have picked up, particularly outside of the energy sector, the Ottawa-based central bank’s fourth-quarter survey of executives found.Economists will see a big data dump on Jan. 22 with new housing price figures, inflation and the Bank of Canada’s rate decision.PoliticsPrime Minister Justin Trudeau’s bid to complete the Trans Mountain oil pipeline won a major victory Thursday as the nation’s top court rejected an appeal brought by British Columbia aimed at challenging the controversial project. The Supreme Court of Canada has dismissed the case, the court said in a statement.TrendingInCanada1\. St. John’s, Newfoundland, has declared a state of emergency as a blizzard ramps up with 75 centimeters of snow expected in the province.2\. And if you missed it, we taste-tested McDonald’s Corp. and Beyond Meat Inc.’s new PLT burger, which is getting a trial run in Ontario.\--With assistance from Steven Frank.To contact the reporter on this story: Divya Balji in Toronto at dbalji1@bloomberg.netTo contact the editors responsible for this story: Kyung Bok Cho at kcho7@bloomberg.net, Jacqueline Thorpe, David ScanlanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • The PBoC Holds Loan Prime Rates Steady on a Quiet Day on the Economic Calendar
    FX Empire

    The PBoC Holds Loan Prime Rates Steady on a Quiet Day on the Economic Calendar

    The PBoC left LPRs steady this morning, with some time likely needed to asses the impact of recent cuts and the phase 1 agreement.

  • Why Did Aurora Cannabis (TSX:ACB) Stock Lose $12 Billion in Value?
    The Motley Fool

    Why Did Aurora Cannabis (TSX:ACB) Stock Lose $12 Billion in Value?

    Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) was once worth more than $10 billion. What went wrong?

  • Cannabis magazine High Times to open retail stores this year
    Yahoo Finance

    Cannabis magazine High Times to open retail stores this year

    The 45-year old marijuana advocacy publication will be getting into the cannabis retail business.

  • Will Aurora (TSX:ACB) Stock Rise Like a Phoenix in 2020?
    The Motley Fool

    Will Aurora (TSX:ACB) Stock Rise Like a Phoenix in 2020?

    Aurora stock dropped like a rock in 2019, but has the opportunity to rebound in 2020.

  • GW Pharmaceuticals PLC (GWPH) Stock Sinks As Market Gains: What You Should Know
    Zacks

    GW Pharmaceuticals PLC (GWPH) Stock Sinks As Market Gains: What You Should Know

    GW Pharmaceuticals PLC (GWPH) closed the most recent trading day at $118.97, moving -0.13% from the previous trading session.

  • Aurora Cannabis Inc. (ACB) Stock Sinks As Market Gains: What You Should Know
    Zacks

    Aurora Cannabis Inc. (ACB) Stock Sinks As Market Gains: What You Should Know

    Aurora Cannabis Inc. (ACB) closed the most recent trading day at $2.13, moving -0.93% from the previous trading session.

  • Cannabis company Canopy Growth delaying launch of infused beverages
    The Canadian Press

    Cannabis company Canopy Growth delaying launch of infused beverages

    Canadians thirsty for Canopy Growth Corp.'s cannabis-infused drinks will have to wait a bit longer.The Smiths Falls, Ont.-based company said Friday that the debut of its cannabis drinks will now be delayed because it requires more time to develop its beverage facility and "the scaling process is not complete.""In order to deliver products that meet our customer's high standards we are electing to revise the launch date while we work through the final details," Canopy chief executive David Klein said in a statement.Canopy's beverage business is expected to be a cornerstone for the company, which is behind the brands Tweed, Tokyo Smoke, Doja and Van der Pop. Canopy has said it is preparing to produce 13 cannabis-related beverages. The company has the backing of Constellation Brands Inc., a New York company which invested $5 billion in Canopy in 2019 and has a portfolio of brands including Corona beers, Robert Mondavi and Kim Crawford wines and premium spirits from SVEDKA Vodka and Casa Noble Tequila.Canopy had expected to release its cannabis beverages in early January as part of Cannabis 2.0, where the country is allowing a second wave of products such as edibles, extracts and topicals to hit the market following the October 2018 legalization of cannabis in CanadaCannabis-infused chocolates, cookies, soft chews, mints, tea and vapes were made available on the Ontario Cannabis Store's website at 9 a.m. local time Thursday and were on sale the week before at physical retailers in the country.Canopy did not say when it now intends to launch its beverages.It submitted the final documentation for its beverage facility to Health Canada last June and received its license in late November.The company's statement said it does not believe the delay will have a material impact on its revenue for its 2020 financial year. It plans to provide an update on the beverages' status when it releases its third-quarter results.RBC Capital Markets analyst Douglas Miehm said in a note that he saw Canopy's news in a "neutral light" and believes that engineering issues connected to the introduction of tetrahydrocannabinol — the psychoactive compound that gives users a high — emulsion syrup into other ingredients have "ultimately contributed to quality assurance shortfalls upon completion.""While the release is somewhat surprising, we do reaffirm our confidence in the company's production capabilities and note that when it comes to beverages, Canopy remains ahead of the pack," he said."In our view, the issues likely rest in translating the quality, taste, and consistency generated in a lab setting to large-scale commercial manufacturing."This report by The Canadian Press was first published Jan. 17, 2020.Companies in this story: (TSX:WEED)Tara Deschamps, The Canadian Press

  • Canopy Growth (TSX:WEED) Stock Price: Should You Buy the Bounce?
    The Motley Fool

    Canopy Growth (TSX:WEED) Stock Price: Should You Buy the Bounce?

    Canopy Growth (TSX:WEED) (NYSE:CGC) is up 20% in the past week. Are more gains on the way?

  • Baystreet

    Stocks in play: Canopy Growth Corporation

    Submitted its final documentation for its beverage facility to Health Canada in late June 2019 and subsequently ...

  • The Motley Fool

    Why Did Supreme Cannabis (TSX:FIRE) Stock Drop 70%?

    Supreme Cannabis Company Inc (TSX:FIRE) was once worth nearly $1 billion. Has the recent pullback created a buying opportunity?