Text size A Tilray greenhouse of cannabis. Patricia De Melo Moreira/AFP via Getty Images Canadian pot grower Tilray reports fourth-quarter results after the market closes Wednesday. The marijuana stock … [Read more...] about Marijuana Stock Tilray Rises Ahead of Earnings
Finanace
Citi Loses Bid to Recoup Massive Mistake in Surprise Ruling
(Bloomberg) -- Citigroup Inc. unexpectedly lost a legal battle to recover half a billion dollars it sent Revlon Inc. lenders, after the embarrassing blunder forced it to answer to regulators and tighten its internal controls.U.S. District Judge Jesse Furman in New York on Tuesday ruled that 10 asset managers for the lenders -- which include Brigade Capital Management, HPS … [Read more...] about Citi Loses Bid to Recoup Massive Mistake in Surprise Ruling
SocketMobile’s stock rockets to a more than 13-year high after unveiling of DuraSled scanner for iPhone 12s
Shares of Socket Mobile Inc. SCKT, +271.30% skyrocketed 251.9% on very heavy volume toward a more than 13-year high in morning trading Tuesday, to pace all gainers on major U.S. exchanges, after the mobile data capture company unveiled its new DuraSled offering, which is an enterprise-grade barcode scanner for Apple Inc.'s AAPL, -0.89% … [Read more...] about SocketMobile’s stock rockets to a more than 13-year high after unveiling of DuraSled scanner for iPhone 12s
Here’s what top economist Mohamed El-Erian fears will trigger a market mishap
Investors in much of the country are waking up to Arctic temperatures and likely power outages, as a massive winter storm rips from the Ohio Valley down to San Antonio. But it’s warming up on Wall Street, where futures are pointing to a post–Presidents Day rally. For that, we can thank signs of falling U.S. COVID-19 infection rates and a continued push by President Joe Biden’s … [Read more...] about Here’s what top economist Mohamed El-Erian fears will trigger a market mishap
Stock futures rise as indexes look to add to record levels
BenzingaWhat Keystone Pipeline Cancellation Means For Crude-by-railPresident Joe Biden's revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global … [Read more...] about Stock futures rise as indexes look to add to record levels