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Cannabis Giant Canopy Announces $30M Private Placement, Here's Where The Money Will Go
Tuesday, January 9, 2024 - 1:01pm | 766Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Tuesday that it has entered into subscription agreements with certain institutional investors in a private placement offering of 6,993,007 units at $4.29 per unit for aggregate gross proceeds of approximately $30 million. Details Each...
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NASDAQ Hemp And Tobacco Company Slashes Debt, Boosts Savings
Wednesday, October 25, 2023 - 1:21pm | 63322nd Century Group, Inc. (NASDAQ: XXII) has reduced the outstanding principle of its senior secured credit facility from roughly $22.1 million to approximately $14 million as part of an amendment and waiver process with its lenders. What Happened The reduction reflects a waiver and repayment of the...
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Marathon Digital Holdings Terminates Silvergate Credit Facilities, Increases Bitcoin Holdings
Thursday, March 9, 2023 - 5:29pm | 390Marathon Digital Holdings Inc. (NASDAQ: MARA) terminated its credit facilities and repaid its term loan with Silvergate Captial Corp (NYSE: SI), resulting in a debt reduction of $50 million and an increase in unrestricted Bitcoin (CRYPTO: BTC) holdings by 3,132. The company provided Silvergate Bank...
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A Concerning Number Of Americans Are Behind On Their Retirement Savings
Thursday, September 22, 2016 - 1:35pm | 456A survey commissioned by Experian plc (ADR) (OTC: EXPGY), Get Rich Slowly and other personal finance blogs asked Americans if they are on track to comfortably retire. A recap of survey was posted on Get Rich Slowly and showed a concerning 71 percent of Americans are behind on their retirement...
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Bob Pisani Talks Recent Slew Of Strong Earning Reports, Debt Reductions And Energy Stocks
Friday, April 29, 2016 - 11:21am | 368As April comes to an end, CNBC's Bob Pisani takes a look at the month's final day of trading and highlighted three key events that have recently played out. Pisani noted that earning reports throughout April started off on a "very rough patch" with "lots of...
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Benzinga Market Primer, Tuesday October 2
Tuesday, October 2, 2012 - 6:09am | 900U.S. equity futures rose in early Tuesday trading as the Royal Bank of Australia somewhat surprisingly eased policy overnight and peripheral pressures in Europe continued to subside. The Royal Bank of Australia overnight cut its benchmark interest rate 25 basis points to 3.25 percent, warning that...
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Obama Hails "Gang of Six" Senators Seeking to Reduce Deficit
Wednesday, July 20, 2011 - 6:47am | 309Noting a "significant step" in recent deficit reduction negotiations, U.S. President Barack Obama pressed for urgency on Tuesday as the August 2 deadline to lift the debt ceiling quickly approaches. "We don't have any more time to engage in symbolic gestures, we don't have any more time to posture...