Business

Broker Canaccord Genuity Downgrades Pot Stock Cronos – Barron’s
Business

Broker Canaccord Genuity Downgrades Pot Stock Cronos – Barron’s

(Photo by Uriel Sinai/Getty Images) Photograph by Uriel Sinai/Getty Images Text size A day after Canadian pot producer Cronos Group reported slim sales for its December quarter, analysts at Canaccord Genuity downgraded the stock to a Sell. This morning’s note by analysts Matt Bottomley and Bobby Burleson cite the stock’s sky-high multiple and fretted at…

Shares tumble as growth concerns weigh – Yahoo Finance
Business

Shares tumble as growth concerns weigh – Yahoo Finance

U.S. stocks fell as concerns over slowing global growth outweighed optimism over a reading on domestic trade pointing to a slimmer deficit at the start of the year.The S&P 500 (^GSPC) fell 0.78%, or 22.17 points, as of 1:11 p.m. ET. The Dow (^DJI) fell 0.59%, or 151.69 points, while the Nasdaq (^IXIC) slipped 1.04%,…

Barclays delivers a bombshell as investment-banking head Tim Throsby steps down – Industry Insider
Business

Barclays delivers a bombshell as investment-banking head Tim Throsby steps down – Industry Insider

Reuters Tim Throsby, the head of Barclays’ international division and investment bank, is leaving after a little more than two years. The bank on Wednesday outlined a broad swathe of management moves, explosive for a company already grappling with activist-shareholder revolt. Tim Throsby, the head of Barclays’ international division and investment bank, is leaving the…

Goodwill is heading in the right direction to be the area’s most attention-grabbing provider of MOOCs
Business

Goodwill is heading in the right direction to be the area’s most attention-grabbing provider of MOOCs

Goodwill Industries, purveyors of thrift-stores, are currently the second largest provider of Massive Open Online Courses (MOOCs), and on track to become the leader, through their GCF Global Online Portal, which provides free courses in English, Spanish and Portuguese with an emphasis on job skills: “reading, math and understanding money and personal finance to computer,…

Grindr’s Chinese proprietor compelled to sell service over US safety considerations, says document – The Verge
Business

Grindr’s Chinese proprietor compelled to sell service over US safety considerations, says document – The Verge

A US government committee has pressured Grindr’s Chinese owner to sell the LGBTQ dating app over national security concerns, reports Reuters. The Committee on Foreign Investment in the United States (CFIUS) is reportedly concerned about owner Beijing Kunlun Tech’s access to personal data. The Chinese conglomerate, which also has an ownership stake in the Opera…

EUR Crashes, NZD Steadies Ahead Of RBNZ – Investing.com
Business

EUR Crashes, NZD Steadies Ahead Of RBNZ – Investing.com

Daily FX Market Roundup March 26, 2019 Kathy Lien, Managing Director of FX Strategy for BK Asset Management Softer data could not keep the bulls down. US stocks recovered for the second day in a row despite larger-than-expected declines in , and . The slowdown in the housing market is no surprise but the slump…


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