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The Latest Breaking News from Company

Sycamore, Franchise Group Submit Bids for Kohl's: WSJ

Kohl’s Corp (NYSE:KSS) has received takeover bids form from private-equity firm Sycamore Partners and retail holding company Franchise Group, Inc (NASDAQ:FRG), the Wall Street Journal reported. Sycamore proposed $50 a share, and Franchise Group offered $60 per share, the report noted, valuing the company between $7 billion - $8 billion. The bidders had previously said…

Benzinga

Limoneira Enters Fallowing Program At Associated Citrus Packers Ranch, Arizona

Limoneira Company (NASDAQ:LMNR) has entered into a two-year fallowing and forbearance program at its Associated Citrus Packers ranch in Yuma, Arizona, with the Yuma Mesa Irrigation and Drainage District (YMIDD). The program will target about 400 acres of farmable land throughout the agreement. It will result in over 4,200 acre-feet (or more than…

Benzinga

Cannabis Movers & Shakers: Fire & Flower, POSaBIT, Zoned Properties, Urban Aroma

Fire & Flower Names Alimentation Couche-Tard’s Exec To Serve As CEO

Benzinga

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Wedbush Cuts Price Target On This Fast-Casual Restaurant Chain - Read Why

Wedbush analyst Nick Setyan lowered the price target on Chipotle Mexican Grill Inc (NYSE:CMG) to $1,800 (30% upside) from $2,000 and maintained an Outperform rating on the shares. The analyst noted CMG is poised to see accelerated market share gains in a post-COVID environment, resulting in sustained growth above pre-COVID levels. Setyan said the recent…

Benzinga

Delta, United Airlines Positive On Post-Pandemic Spending: Reuters

Delta Air Lines Inc (NYSE:DAL) and United Airlines Holdings Inc (NASDAQ:UAL) downplayed the prospect of a U.S. economic recession, saying a shift in consumer spending from goods to services would keep their businesses afloat, reported Reuters. Delta Airlines lifted its June quarter's revenue guidance but on a lower capacity than planned. Related: Why Delta Air Lines…

Benzinga

Adeer Company Sells Kunoz Al-Dhahran Land at More than SAR700 Mln

Saudi Arabia’s Adeer Real Estate Company announced selling Kunoz al-Dhahran land in a record time for SAR724,148,976 during the public auction it organized at the Grand Hayat Hotel in Khobar on Monday, to be added to its successful auctions this year. CEO of Adeer Mutab Al Saad expressed joy with…

Asharq Al-Awsat

G2 Technologies Closes CAD$1,201,000 Unit Financing

May 27, 2022 – TheNewswire - (Vancouver, BC): G2 Technologies Corp. (CSE:GTOO), (OTC:GTGEF), (FWB:1NZ.F) (the "Company" or "G2") is pleased to announce the closing of non-brokered private placement financing (as previously announced on March 10, 2022) of 6,005,000 units of the Company (the "Units") at a price of CAD$0.20 per Unit…

Benzinga

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Toyota Introduces 2023 Corolla Cross Hybrid - Read More For Details

Toyota Motor Corp (NYSE:TM) has unveiled the 2023 Corolla Cross Hybrid in the U.S. to expand options for entry Sports Utility Vehicle customers. The company plans to assemble the 2023 Corolla Cross Hybrid and the 2021 launched gas model at the new Mazda Toyota Manufacturing plant in Huntsville, Alabama. The facility will have…

Benzinga

EXCLUSIVE: Tonix CEO Seth Lederman On The Pursuit Of New Monkeypox, COVID Vaccines

Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP), a Chatham, New Jersey-based clinical-stage biopharmaceutical company, announced on Wednesday the issuance of a patent that forms the basis for the company's developmental vaccine against monkeypox and smallpox.

Benzinga

Deutsche Bank's DWS CEO Resigns - Read Why

Deutsche Bank AG (NYSE:DB) asset management subsidiary DWS said its Chief Executive Officer Asoka Woehrmann is set to step down on June 9. The resignation has happened following a search by investigators amidst the controversy surrounding the executive and allegations that the company inflated its ESG credentials, Bloomberg reported. Woehrmann will be succeeded by…

Benzinga

Tocvan Drills 63.4-meters of 0.6 g/t Au and 11 g/t Ag, including 29.9-meters of 0.9 g/t Au and 18 g/t Ag at Pilar, Main Zone Extension

Calgary, Alberta – TheNewswire - May 27, 2022 Tocvan Ventures Corp. (the "Company") (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce drill results from its Pilar Au-Ag Project in Sonora, Mexico. Results for core drill holes JES-22-61 and JES-22-64 are provided in this release, both Main Zone extension targets infilling a…

Benzinga

Here's Everything To Know About Amazon's Cloud Cam Product Restructuring

Amazon.com Inc (NASDAQ:AMZN) looks to shut down its smart home camera, the Cloud Cam, and its companion apps after five years of launch, the TechCrunch reports. The Cloud Cam was one of Amazon’s first entries into the area of Alexa-connected home security devices. Post that, Amazon acquired the connected camera and doorbell…

Benzinga

Ikänik Farms Changes Name To Pideka Group, Delays Filing Q1 Results, CFO & Director Resign

Ikänik Farms, Inc. (CSE: IKNK.U) (FSE: DFMA) has filed articles of amendment with the effective date of May 25, 2022, to change its name from Ikänik Farms Inc. to "Pideka Group Inc." The company's new stock symbol on the Canadian Securities Exchange will be "PDKA".

Benzinga

Letter: Tina May obituary

Nigel Tully writes: Through her wide experience of both gigging and teaching she made an enormous contribution

The Guardian - UK

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Benzinga

US Purchases More Stingers Following Missiles' Success In Ukraine: Reuters

The U.S. Army has awarded Raytheon Technologies Corp (NYSE:RTX) a contract for up to $687 million for anti-aircraft Stinger missiles to replenish stocks deployed to Ukraine, reported Reuters. Raytheon's shoulder-fired anti-aircraft Stinger missiles were in high demand in Ukraine. Since February, the U.S. has shipped approximately 1,400 Stingers to Ukraine, the report speified.…

Benzinga

Why Pinduoduo Shares Are Gaining Today

Pinduoduo Inc (NASDAQ:PDD) reported first-quarter FY22 revenue growth of 7% year-on-year to $3.75 billion, beating the consensus of $3.05 billion. Average monthly active users rose 4% Y/Y to 751.3 million. Active buyers in the twelve months ended March 31, 2022, increased 7% Y/Y to 881.9 million. Revenues from online marketing services and others rose…

Benzinga

Aurora Cannabis Announces $125M Bought Deal Financing

Aurora Cannabis Inc.

Benzinga

Why Luminar Shares Are Rising Today and What's Its Connection To Apple Car?

Luminar Technologies, Inc (NASDAQ:LAZR) roped in Christopher “CJ” Moore, a manager on Apple Inc’s (NASDAQ:AAPL) car project and a former director of Autopilot at Tesla Inc (NASDAQ:TSLA), to lead global software development, Bloomberg reports. Moore, who had joined Apple in August, will lead Luminar’s software team to develop autonomous safety features integrated with its lidar or…

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Benzinga

What's Going On With Kohl's Shares Today

Bidders seeking to acquire Kohl's Corp (NYSE:KSS) are likely to make offers lower than their initial ones to reflect the market downturn, Reuters reported. The potential purchasers, including private equity firm Sycamore Partners, brand holding firm Franchise Group, J.C. Penney investors Simon Property Group, Inc. (NYSE:SPG), and Brookfield Asset Management Inc (NYSE:BAM), intend to lower their offers…

Benzinga

Clearway's Energy-Global Infrastructure Partners Ink Strategic Partnership With TotalEnergies

Clearway Energy, Inc. (NYSE:CWEN) (NYSE: CWEN-A) and its renewable development partner and parent company, Clearway Energy Group LLC stated that Global Infrastructure Partners (GIP) had formed a strategic partnership with TotalEnergies SE (NYSE:TTE) in the U.S. renewable energy sector. TotalEnergies will acquire half of GIP's interest in Clearway Group, a privately-held renewable development company that serves as CWEN's…

Benzinga

Why Wendy's Shares Are Surging Today

A regulatory filing shows that Nelson Peltz is considering a potential takeover bid for Wendy's Co (NASDAQ:WEN). Peltz' firm, Trian Fund Management, said it will explore a transaction on its own or with third parties that could include an acquisition, merger, or other transaction. Trian, along with its partners, owns a 19.4% stake in…

Benzinga

Update on Rogers Creek Transaction

Calgary, Alberta – TheNewswire - May 19, 2022 – Tocvan Ventures Corp. (the "Company") (CSE:TOC); (OTC:TCVNF); (WKN:TV3/A2PE64), is pleased to announce that it has executed an assignment agreement (the "Agreement") for the sale of the Rogers Creek project to Cascade Copper Corp. ("Cascade Copper"). The transaction consisted of the sale…

Benzinga

FarmaceuticalRX And GreenGrowth CPAs Get Cannabis Dispensary Licenses In Ohio

FARMACEUTICALRX of Ohio, has been awarded a new provisional dispensary license by the Ohio Board of Pharmacy. This license allows the company to develop a second dispensary in Cuyahoga Falls, Ohio.

Benzinga

Gold Lion Announces Appointment of Steven Hong to Board of Directors

Vancouver, British Columbia – TheNewswire - May 20, 2022 – Gold Lion Resources Inc. ("Gold Lion" or the "Company") (((CSE:GL) (OTC:GLIOF) (FWB: 2BC) is pleased to announce that it has appointed Mr. Steven Hong to its board of directors.

Benzinga

Crown-Blackstone Deal's Prospect Hangs Subject To Regulatory Approval

Blackstone Inc's (NYSE:BX) $6.3 billion buyout of Crown Resorts Ltd (OTC:CWLDY) got delayed pending regulatory approval despite positive shareholder approval, Reuters reports. Gambling regulators in New South Wales, Victoria, and Western Australia found the Crown unfit to hold gaming licenses at different times. Crown's license for the flagship A$2.2 billion casino skyscraper in Sydney…

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