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MedMen Exits Florida Cannabis Market, Exploring NY Alternatives
Tuesday, August 23, 2022 - 9:11am | 492MedMen Enterprises Inc. (CSE:MMEN) (OTCQX: MMNFF) closed a $67 million deal with Florida-based private company Green Sentry Holdings LLC for the company’s Florida-based operations, including its license, dispensaries, inventory, and cultivation operations. The deal is comprised of $63 million...
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MedMen Prevails In Lawsuit Against Arizona-Based Whitestar Solutions
Tuesday, May 24, 2022 - 8:49am | 487MedMen Enterprises Inc. (OTCQX: MMNFF) (CSE:MMEN) has received a summary judgment in its favor on all counts in a lawsuit against Arizona-based Whitestar Solutions, LLC. In March 2020, litigation was filed by Whitestar against MedMen in the Superior Court of Arizona, Maricopa County, related to a...
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How Does Target's New $5 Billion Buyback Plan Stack Up Against Other Retailers?
Wednesday, September 21, 2016 - 1:26pm | 467Target Corporation (NYSE: TGT) shares were up a modest 0.6 percent in early Wednesday trading after the company’s board approved a massive new $5 billion buyback plan. The new plan will begin upon completion of the current $10 billion buyback plan by the end of fiscal 2016. Related Link: Mall...
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J.C. Penney Q2 Conference Call Highlights: Momentum Expected To Continue
Friday, August 15, 2014 - 3:16pm | 1039J.C. Penney's (NYSE: JCP) Chief Financial Officer Ed Record hosted the company's second quarter conference call. CEO Mike Ullman is recovering from a surgical procedure and was unable to take part in the call. The Quarter In Review During the quarter, comparable store sales rose 6...
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Market Wrap For February 13: Markets Close Higher; Nasdaq on a Six Day Winning Streak
Thursday, February 13, 2014 - 5:50pm | 2839U.S. stocks finished higher on Thursday after a bumpy start to the trading session. “People want to buy the dips now because the market made a bottom after Feb. 3,” Donald Selkin, chief market strategist at National Securities Corp. told Bloomberg. “We got very oversold and now it's believed...
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Hannah To Step Down; J.C. Penney Names New Chief Financial Officer
Thursday, February 13, 2014 - 2:23pm | 216J.C. Penney's (NYSE: JCP) Chief Financial Officer, Ken Hannah, said that he is leaving the company effective March 24. Neither Hannah, nor the company, offered a reason for the executive's departure. The company on Thursday named Ed Record as Hannah's successor and will also assume the title of...