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CGC

Canopy Growth

$29.00

-0.57 (-1.93%)

15:19
07/10/18
07/10
15:19
07/10/18
15:19

Canopy Growth to acquire Hiku Brands

Canopy Growth and Hiku Brands announced that they have entered into a definitive arrangement agreement pursuant to which Canopy Growth will acquire all of the issued and outstanding common shares of Hiku. Under the terms of the agreement, Hiku shareholders will receive 0.046 of a Canopy Growth common share in exchange for each common share of Hiku, representing the equivalent of C$1.91 per Hiku share and a premium of 33% based on the 20-day volume weighted average prices of the Canopy shares and the Hiku shares as of July 9 and a premium of approximately 21% based on the closing prices of the Canopy shares on the Toronto Stock Exchange and the Hiku shares on the Canadian Stock Exchange on July 9. On July 10, the Hiku board unanimously determined, after receiving the advice of its financial and legal advisors, that the transaction constitutes a "Superior Proposal" pursuant to the arrangement agreement between Hiku and WeedMD originally announced on April 19, 2018. The Hiku board provided notice of that determination to WeedMD. WeedMD has waived its "right to match" the proposal by Canopy Growth. Accordingly, the WeedMD agreement has been terminated and Hiku has paid a termination fee of C$10M to WeedMD pursuant the terms of the WeedMD agreement. Canopy has advanced Hiku the funds to pay the termination fee pursuant to a promissory note.

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$COMP

Nasdaq Composite

$0.00

(0.00%)

08:16
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08:16
Technical Analysis
Nasdaq Composite: Pivot points »

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URI

United Rentals

$117.15

-0.94 (-0.80%)

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United Rentals rating change  »

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NDX

Nasdaq 100 Index

$0.00

(0.00%)

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Technical Analysis
Nasdaq 100 Index: Pivot points »

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LII

Lennox

$192.83

-3.91 (-1.99%)

08:15
10/22/18
10/22
08:15
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08:15
Earnings
Breaking Earnings news story on Lennox »

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  • 22

    Oct

PYPL

PayPal

$84.75

7.25 (9.35%)

08:15
10/22/18
10/22
08:15
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08:15
Periodicals
PayPal makes strategic investment in Tala, Reuters reports »

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08:15
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08:15
General news
Fedspeak is front-loaded this week »

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10/22/18
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08:15
10/22/18
08:15
General news
Canada wholesale preview »

Canada wholesale preview:…

08:15
10/22/18
10/22
08:15
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08:15
General news
Chicago Fed National Activity Index Level to be reported at 08:30 »

September Chicago Fed…

INO

Inovio

$5.44

-0.08 (-1.45%)

08:14
10/22/18
10/22
08:14
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08:14
Hot Stocks
Inovio presents data on Phase 1b INO-5150 study at ESMO »

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RDC

Rowan Companies

$17.94

-0.08 (-0.44%)

08:13
10/22/18
10/22
08:13
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08:13
Hot Stocks
Rowan Stavanger awarded contract by Equinor »

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  • 31

    Oct

PETS

PetMed Express

$28.00

-0.8 (-2.78%)

08:12
10/22/18
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08:12
Earnings
PetMed Express reports Q2 EPS 52c, consensus 50c »

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  • 22

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SXT

Sensient

$64.37

-12.3 (-16.04%)

08:12
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08:12
Recommendations
Sensient analyst commentary  »

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FLL

Full House Resorts

$2.70

-0.07 (-2.53%)

08:12
10/22/18
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08:12
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08:12
Hot Stocks
Full House Resorts receives acquisition proposal for $132.5M »

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EBAY

eBay

$28.73

-2.83 (-8.97%)

08:11
10/22/18
10/22
08:11
10/22/18
08:11
Hot Stocks
eBay launches new program for consumers to instantly sell smartphones »

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  • 30

    Oct

  • 03

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HRI

Herc Holdings

$34.75

-0.64 (-1.81%)

08:11
10/22/18
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08:11
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Herc Holdings rating change  »

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RS

Reliance Steel

$81.10

-0.27 (-0.33%)

08:11
10/22/18
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08:11
Downgrade
Reliance Steel rating change  »

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  • 25

    Oct

PM

Philip Morris

$88.83

1.35 (1.54%)

08:10
10/22/18
10/22
08:10
10/22/18
08:10
Periodicals
Philip Morris lauching anti-smoking campaign, CNBC reports »

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PMBC

Pacific Mercantile Bancorp

$8.34

0.04 (0.48%)

08:10
10/22/18
10/22
08:10
10/22/18
08:10
Earnings
Pacific Mercantile Bancorp reports Q3 EPS 17c, two estimates 16c »

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  • 07

    Nov

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HON

Honeywell

$153.49

-1.73 (-1.11%)

08:10
10/22/18
10/22
08:10
10/22/18
08:10
Recommendations
Honeywell analyst commentary  »

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URI

United Rentals

$117.15

-0.94 (-0.80%)

08:10
10/22/18
10/22
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08:10
Hot Stocks
United Rentals acquires WesternOne Rentals & Sales for $91.8M in cash »

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LII

Lennox

$192.83

-3.91 (-1.99%)

08:10
10/22/18
10/22
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08:10
Earnings
Lennox sees FY19 impact of tornado approximately $85M of revenue »

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  • 22

    Oct

AAPL

Apple

$219.28

3.3 (1.53%)

08:09
10/22/18
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08:09
Recommendations
Apple analyst commentary  »

Apple iPhone pricing…

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ZAYO

Zayo Group

$31.97

0.01 (0.03%)

08:09
10/22/18
10/22
08:09
10/22/18
08:09
Hot Stocks
Major retailer selects Zayo for nationwide network »

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  • 07

    Nov

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    Nov

  • 07

    Nov

ARCE

Arco Platform

$22.91

-0.04 (-0.17%)

08:09
10/22/18
10/22
08:09
10/22/18
08:09
Initiation
Arco Platform initiated  »

Arco Platform initiated…

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TBPH

Theravance Biopharma

$29.16

-0.14 (-0.48%)

08:08
10/22/18
10/22
08:08
10/22/18
08:08
Hot Stocks
Theravance Biopharma reports data from TD-1473 Phase 1b study »

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  • 13

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