[ad_1] Penn Entertainment Inc: “Everybody’s in this darn business. … I do like Penn. They’re good guys, but I cant recommend the stock right now.” Symbotic Inc: “They’re a money-losing SPAC. We’re not recommending any money losers.” Tilray Brands Inc: “They and Canopy, if you want to own them, you …
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[ad_1] Canopy Growth Tom Franck | CNBC Canadian cannabis company Canopy Growth said Tuesday it’s consolidating its U.S. assets into a new holding company to speed up its entry into the U.S. market. The company said the creation of Canopy USA will help it reduce costs and tap into the …
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[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. HAL earnings beat Club stocks making news: STZ, LIN TJX is a best-of-breed stock 1. HAL earnings beat Halliburton (HAL) beat earnings and revenue …
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[ad_1] With the economic picture growing gloomier by the day, investors may be looking for sectors that have historically proven to be resilient during a recession. “Alcohol has the tendency to survive the times,” said Mark Neuman, chief investment officer and founder of Constrained Capital. His ESG Orphans exchange-traded fund, …
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[ad_1] Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up 13.2% on news of settlements with Bank of America that would bring Ambac $1.84 billion. The settlements come out of …
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[ad_1] Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by a larger than expected slump in the personal computer market. Levi Strauss (LEVI) – …
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[ad_1] Canopy Growth applauded President Joe Biden’s announcement Thursday that he will pardon thousands of people convicted of marijuana possession. “Today represents action from the Administration that we have been waiting for – an acknowledgement that cannabis prohibition has failed and that too many lives have been significantly impacted as a …
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