Groupon (GRPN ) made headlines Tuesday after (IBM ) announced a $167 million lawsuit for violation of four of its e-commerce IPs. The tech giant claims that while Amazon (AMZN ) , Facebook (FB ) , and Google (GOOGL ) each pay between $20 million and $50 million for use of these technologies,
A strong start to Q1 earnings season and optimism that the U.S. and China will avoid a full-blown trade war has helped stocks rebound from early-April volatility over the past week and a half, renewing investor confidence around the world.
Fresh bullishness over the past few trading periods has inspired positive trading in several key global markets. But interestingly enough, a number of....More>>>
The U.S. dollar edged slightly higher against its main rivals on Wednesday as the British pound fell from a new post-Brexit high on disappointing inflation data, and the Canadian dollar slipped as the Bank of Canada left rates unchanged.
Dont miss: Why currency traders hate their jobs right now
Bellus Health (OTCPK:BLUSF) is a Canadian biotech trading on the TSX under the ticker, BLU, and the US OTC under the ticker BLUSF. BLUSF is developing a treatment for chronic cough, BLU-5937, that has the potential to be best-in-class with the only other drug in the class being developed by Merck, Gefapixant (or MK-7264). Merck has set the start date of the Phase 3, 720 patient study for March....More>>>
It looks like activist investor Bill Ackman is putting the proceeds from his Canadian Pacific (NYSE:CP) sale to work in a completely different space. Ackman’s Pershing Square Capital now has a 9.9% stake in Chipotle (NYSE:CMG). Ackman is now its second largest shareholder.
The writing was on the wall as well, where Ackman has gone out of his way to mention his love of CMG. Recall that....More>>>
Gold backed off on Wednesday, as traders and investors opted for individual company equities. However, fundamental and technical data still suggests gold’s in for much higher levels ahead. With Trump’s ongoing reflationary theme, commodities in general have continued to trade higher, albeit not without some volatility along the way, but gold’s been one of the bigger benefactors....More>>>
Canadian home sales fell to the lowest in more than five years in April, as tougher mortgage qualification rules deterred buyers.
The number of homes sold last month declined 2.9 percent from March, the Canadian Real Estate Association said Tuesday from Ottawa. Declines were recorded in about 60 percent of cities tracked including Vancouver, Calgary, Toronto and Montreal.
Investment company Pekin Singer Strauss Asset Management buys Herbalife, Grand Canyon Education, Syntel, China Mobile, Stericycle, General Dynamics, Visa, VanEck Vectors Gold Miners, Potash of Saskatchewan, CBRE Group, sells Equity Commonwealth, DSW, Air Lease, The Mosaic Co, iShares US Preferred Stock during the 3-months ended 2016-12-31, according to the most recent filings of the investment....More>>>
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Quadrature Capital Ltd bought a new stake in shares of Immersion Co. (NASDAQ:IMMR) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,114 shares of the software maker’s stock, valued at appro
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