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Bill Ackman Loads Up On Uber In Major Q1 Portfolio Rebalance (CORRECTED)
Friday, May 16, 2025 - 11:27am | 709Editor’s Note: This article has been updated to reflect that Pershing Square converted its Nike stock into call options, maintaining exposure Bill Ackman could have a new love for the automotive sector with a new investment made in the first quarter and an added position to a stake from the...
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Bank Of Canada Cuts Rates By 0.25% As Policy 'No Longer Needs To Be Restrictive': Canadian Stocks Rally, Loonie Drops
Wednesday, June 5, 2024 - 10:31am | 504The Bank of Canada announced on Wednesday a 25 basis point reduction in interest rates, marking the first cut since March 2020, as widely anticipated by market participants. Consequently, the benchmark overnight rate and the deposit rate have been lowered to 4.75%, while the Bank Rate is now at 5...
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Cannabis Company Sunniva Announces Spinoff Of Canadian Assets
Tuesday, July 10, 2018 - 2:35pm | 482Medical cannabis company Sunniva Inc (OTC: SNNVF), which operates in California and Canada, has announced a strategic initiative intended to unlock shareholder value. What Happened Sunniva announced Tuesday before the open that it intends to spin off its Canadian assets into a separate...
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Quest Rare Minerals: A Gem in Quebec
Thursday, October 13, 2011 - 12:02pm | 826I wrote an article yesterday about General Moly and one of my readers wrote back and told me that a lot more readers would like to read more of my thoughts on the world of Heavy Rare Earth Elements [HREE]. I immediately thought of my favorite company in the HREE sector and that is Quest Rare...
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Hart Stores: The Value Trap
Friday, September 9, 2011 - 6:10am | 706As value investors, we gravitate towards the most shunned investments around. The most hated stocks often make for the best investments. But no matter how disliked a company may be, if it possesses certain attributes, it may still not make sense as a value investment. Hart Stores (TSE: HIS)...