Sorrento Therapeutics Inc. (SRNE) Soars 17.12%
Sorrento Therapeutics Inc. (SRNE) had a good day on the market for Monday December 02 as shares jumped 17.12% to close at $3.42. About 20.24 million shares traded hands on 50,345 trades for the day, compared with an average daily volume of n/a shares out of a total float of 141.87 million. After opening the […]
Revance Therapeutics Inc. (RVNC) Soars 11.87%
Revance Therapeutics Inc. (RVNC) had a good day on the market for Monday December 02 as shares jumped 11.87% to close at $20.03. About 1.54 million shares traded hands on 11,711 trades for the day, compared with an average daily volume of n/a shares out of a total float of 45.11 million. After opening the […]
Husky cuts 370 jobs
Husky Energy cutting capital spending by $500 million About 370 jobs have been cut at Husky Energy Inc. this year with most of the reductions coming in a major round of layoffs in October, CEO Rob Peabody revealed on a conference call Monday to discuss the company’s guidance for 2020 and 2021. The Calgary-based company […]
Meat packer licences pulled
Food safety regulator cancels licences of three companies The Canadian Food Inspection Agency has cancelled the licences of three companies tied to a massive meat recall that ensnared nearly 900 beef and veal products, stopping the companies from slaughtering animals or preparing meat products “effective immediately.” The agency cancelled the Safe Food for Canadian licences […]
HBC offer extended
Catalyst Capital Group extends key deadline for HBC offer Catalyst Capital Group Inc. has extended a deadline for the board of Hudson’s Bay Co. to formally accept its offer letter until 5 p.m. ET today. The investment firm has made an unsolicited offer of $11 per share in cash for HBC, topping a friendly offer […]
Industry’s uncertain future
B.C. forest industry facing uncertain future as mills close It seems barely a day goes by without an announcement about layoffs, temporary closures or permanent mill shut downs in British Columbia’s struggling forest industry. As a result, thousands of workers, their families and many communities have been left facing uncertain futures. The layoffs and shutdowns […]