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The guidelines (available in French – Dutch only) contained in this document are addressed to the FSMA, which is competent in respect of the Prospectus Regulation. However, the guidelines state that persons responsible for the prospectus should consider these guidelines when preparing a prospectus for submission to the competent authority, in order to expedite the […]
Alliance Global Partners on Friday launched coverage of U.S.-based cannabis multi-state operator Verano Holdings Corp. VRNOF, +1.05% VRNO, +1.20% with a buy rating and a price target of C$30 ($23.61) a share. Analyst Aaron Grey said the company is trading at a discount relative to its peers. “We believe the company will continue to close […]
Shares of Goodyear Tire & Rubber Co. GT, -27.44% jumped 4.0% in premarket trading Friday, after the tire maker reported fourth-quarter profit that rose well above expectations as revenue growth to a near 10-year high and higher selling prices helped offset inflationary cost pressures. Net income increased to $553 million, or $1.93 a share, from […]
Financeit Canada Inc. said Friday it agreed to be acquired by private equity firm Wafra Capital Partners Inc. for an undisclosed sum from seller Goldman Sachs Asset Management, a unit of Goldman Sachs Group Inc. GS, -2.03%. The deal comes after Financeit added more than 1,100 new merchant partners, processed 115,000 loan applications, and funded […]
Gold prices were flat on Friday, slipping from a two-week peak reached on Thursday as expectations for a more aggressive Fed rate hike following a spike in US consumer prices firmed.The dollar index strengthened after data showed that US consumer prices rose significantly in January, posting the biggest annual gain in 40 years.The St. Louis […]
Shares of Gilead Sciences Inc. GILD, +0.45% gained 0.6% in premarket trading on Friday after the company said Veklury, its COVID-19 drug, demonstrated in-vitro activity against omicron and 9 other variants. The research, which was announced in a news release on Friday morning, was published Thursday as a preprint. Gilead said the study has also […]