TSX Stock News

TSX Stock News

Canada
Solomon Israel

Constellation Brands converts shares in cannabis operator Canopy, departs board

Beverage alcohol company Constellation Brands has converted its shares in Canadian cannabis company Canopy Growth Corp. into new exchangeable shares. Constellation’s exchangeable shares may be converted back into Canopy common shares on a one-to-one basis, the companies announced Friday. ADVERTISEMENT However, the two Constellation subsidiaries that now own the exchangeable shares don’t plan to convert them “until such time as the U.S. domestic sale of marijuana could not reasonably be expected to violate the Controlled Substances Act, the Civil Asset Forfeiture Reform Act (as it relates to violation of the Controlled Substances Act), and all related applicable anti-money laundering laws,”

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Canada
Canadian Press

Indigo needs turnaround as privatization nears, experts say: ’Won’t be a quick fix’

Breadcrumb Trail Links Money News Author of the article: Canadian Press Tara Deschamps Published Apr 19, 2024  •  5 minute read Indigo CEO Heather Reisman poses for a portrait at the retailer’s new location in Toronto, Thursday, Oct. 26, 2023. Photo by Chris Young /The Canadian Press Article content As Canada’s biggest bookstore-turned-gift-giver’s-paradise edges toward privatization, it’s evident from a stroll around one of its Toronto stores that the retailer knows some things haven’t been working. Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe

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Canada
Freschia Gonzales

Horizons ETFs announces fund name changes under Global X rebrand

Additionally, all affected ETFs will receive new Committee on Uniform Securities Identification Procedures numbers (CUSIP), expected to be effective concurrently with the rebranding. The BetaPro ETF family, which includes Canada’s only suite of leveraged, inverse, and inverse leveraged ETFs, will not be impacted by these updates and will retain their current names, tickers, and CUSIPs. A significant update is that the ticker for the Global X Pipelines and Energy Services Index ETF will change from HOG to PPLN, effective on or about May 1. The complete list of ETFs undergoing name changes, along with their new CUSIPs, has been provided

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Canada
Freschia Gonzales

Desjardins launches four new ETFs on TSX

Desjardins Investments Inc. (DI), serving as the manager for Desjardins Exchange Traded Funds (ETFs), has announced the launch of four new index exchange-traded funds. These ETFs, having completed their initial offering of units, will begin trading on the Toronto Stock Exchange (TSX) today. Frédérick Tremblay, managing director and head of Investment Solutions at Desjardins, expressed, “We’re proud to expand our range of Desjardins ETFs and launch these core components, designed to meet investors’ needs for diversification and portfolio construction, and to help empower them financially.”

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Canada
Reuters Inc.

TSX futures fall as Middle East conflict heats up

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS Olive Tapenade & Vinho Verde | SaltWire Watch on YouTube: “Olive Tapenade & Vinho Verde | SaltWire” (Reuters) – Futures for Canada’s main stock index tumbled on Friday as investors looked to minimize risk following reports of an escalation in the Middle East conflict, while rising commodity prices contained the decline. June futures on the S&P/TSX index were down 0.2% at 6:52 a.m. ET (10:52 GMT). Related stories Global stocks eased after reports of Israel’s attack on Iranian soil in the latest exchange of events in the region and pushed investors to safe haven

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Canada
TSX Stocks

Silver Mountain Announces Upsize of Previously Announced Public Offering of Units to $9 Million

Silver Mountain Announces Upsize of Previously Announced Public Offering of Units to $9 Million – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Friday, April 19, 2024 · 704,963,033 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
Tara Deschamps The Canadian Press

‘Won’t be a quick fix’: Indigo needs turnaround as privatization nears, experts say

TORONTO — As Canada’s biggest bookstore-turned-gift-giver’s-paradise edges toward privatization, it’s evident from a stroll around one of its Toronto stores that the retailer knows some things haven’t been working.  Epsom salts and body lotions that previously lined Indigo Books & Music Inc.’s wellness area at the Eaton Centre have been replaced by shelves of books and tchotchkes like cat- and corgi-shaped book lights, magnifying glasses and lap desks. In the children’s section, a red velvet curtain and a closed sign hide what was once the American Girl doll emporium. (The pricey playthings and their plethora of accessories were sold off

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Canada
TSX Stocks

Tinga Valley Property to boost copper-gold Portfolio in 2024

Canadian gold mining company Great Pacific Gold Corp’s plan to acquire Tinga Valley Copper & Gold Corp, will see GPAC take over the highly prospective Tinga Valley Property in Papua New Guinea. Great Pacific Gold Corp in a market announcement confirmed that it has entered into an amalgamation agreement dated April 12, 2024, with privately held Tinga Valley Copper & Gold Corp to acquire the Tinga Valley Property, a highly prospective Papua New Guinea copper-gold project. The Tinga Valley Property, spanning 347 sq km, is located 140 km along strike of the world-class Ok Tedi Copper-Gold Mine. The property is

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Canada
TSX Stocks

Venture 50: Early-stage research & development draw investors to clean tech & life sciences sector

While investors continue to show incredible interest in supporting energy transition, they are also paying close attention to early-stage research and development. TSX Venture Exchange’s (TSXV) 2024 Venture 50™ list highlights this trend, with the top-ranked clean tech and life sciences companies posting an average share price appreciation of 87% and average market capitalization increase of 128% over 2023. That growing investor interest in research and development for biotech companies is front and centre on this year’s ranking. Despite some of these companies not yet being revenue producing, investors are demonstrating their confidence in the potential of scientific advancements and

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Canada
TSX Stocks

Avicanna Announces Closing of Non-brokered Private Placement

Avicanna Announces Closing of Non-brokered Private Placement – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Thursday, April 18, 2024 · 704,812,730 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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