Sundial Growers (NASDAQ: SNDL) released its latest quarterly results this month. For the first quarter of 2022 (period ending March 31), Sundial's revenue of 17.6 million Canadian dollars fell 23% from the CA$22.7 million it reported in the fourth quarter. Sundial has grown primarily through acquisitions, and even that hasn't always been enough to ensure revenue would increase.
The launch event of Sadiq Khan’s Ulez-cars-to-Ukraine scheme has been cancelled ahead of the London mayoral elections.
Goals from Yusuf Yazici and Benjamin Andre overturned Villa’s first-leg advantage before Matty Cash sent it to extra time.
QUEBEC — Hydro-Québec and the Mohawk Council of Kahnawake signed an agreement today to jointly own a transmission line that will export electricity to New York City. The Mohawk community southwest of Montreal will hold a minority stake of at least 10 per cent in the Hertel-New York interconnection line, allowing them to earn dividend income. Hydro-Québec president and CEO Michael Sabia says the community can expect an annual return of about eight per cent on its investment. The 10 per cent parti
The Arizona Coyotes are moving to Utah after 27 seasons in the Southwest. Hockey could return to the region with an NHL expansion club.
Owner’s lawsuit has not been dismissed, and a last-ditch appeal is likely.
TEMPE, Ariz. (AP) — The Arizona Coyotes are officially headed to Salt Lake City. The NHL Board of Governors voted unanimously Thursday to approve a $1.2 billion sale from Alex Meruelo to Utah Jazz owners Ryan and Ashley Smith, clearing the way for the franchise's move to Utah next season. The deal includes a provision for Arizona to get an expansion team if a new arena is built within the next five years. The deal will be facilitated through the NHL, with $200 million going to league owners as a
The dollar rose on Thursday as a mixed batch of U.S. data did little to shake views that the economy is still on solid ground, suggesting the Federal Reserve will likely delay the timing of its first interest rate cut since 2020 to later this year. Comments from New York Fed President John Williams saying there is no urgent need to cut interest rates right now given the strength of the economy, also helped lift the dollar.
As companies in the S&P 500 (^GSPC) — especially Big Tech leaders — begin to report first-quarter earnings, it's evident companies' prospective stocks are reacting negatively to overly positive earnings news. Evercore ISI Senior Managing Director Equity of Derivatives and Quantitative Strategy Julian Emanuel joins Market Domination to discuss how stocks are responding to quarterly results, as well as touch on the trajectory of the S&P 500 as the likelihood of interest rate cuts in 2024 by the Federal Reserve starts to dissipate. "The bigger message is that the companies that have done well in some cases have seen their shares perform poorly... case in point, it's the double beats, the ones beating on EPS and revenues," Emanuel tells Yahoo Finance. "And the share price reaction that is... less than stellar, and some cases outright poor, that's what really tells us that the broader market is having digestion problems in and around this earnings season." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
The former SNP chief executive was arrested on Thursday morning.
“I never could see the gun, I never saw it,” a deputy can be heard saying in body cam footage, the Texas lawsuit said
ALBANY, N.Y. (AP) — New York would expand access to booze by allowing movie theaters to sell liquor and continuing to let people buy takeout cocktails from bars and restaurants under a series of measures unveiled Thursday. The state Assembly passed the measures Thursday, which are part of the larger state budget agreement. The state Senate is expected to follow before it's sent to New York Gov. Kathy Hochul's desk for signature. The deal was struck between Hochul and leaders of the state Senate
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
Florida Gators two-way star Jac Caglianone is one of college baseball's biggest stars. Where will he and other top picks end up in the 2024 MLB Draft?
Rowaa Ahmar’s claims were made in the court papers of a discrimination case against the Cabinet Office
HOUSTON (AP) — Through 20 games, the Houston Astros have managed just six wins and are in last place in the AL West. Their pitching staff trails only Colorado with a 5.24 ERA and big-money new closer Josh Hader has given up the same number of earned runs in 10 games as he did in 61 last year. Despite this, these veteran Astros, who have reached the AL Championship Series seven consecutive times, have no doubt they’ll turn things around. “If there’s a team that can do it, it’s this team,” shortst
HALIFAX — As Nova Scotia marked the fourth anniversary of the mass shooting that claimed 22 lives, the province's justice minister was forced to apologize for saying that domestic violence is not an "epidemic." Brad Johns's comments after a cabinet meeting Thursday were in response to a reporter's question on the inquiry report into the mass shooting, which recommended that domestic violence be treated as an epidemic. Johns said that while he agrees that domestic abuse is a problem, there are bi
“The Wiz” celebrated its return to Broadway on Wednesday night — but where was Toto? The re-imagining of “The Wizard of Oz,” featuring a Black cast, originated on Broadway in 1974 followed by the 1978 movie starry Diana Ross as Dorothy, Michael Jackson as Scarecrow, Nipsey Russell as the Tin Man and Theodore Ross Roberts …
Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an image generator that updates pictures in real time while users type prompts, as it races to catch up to generative AI market leader OpenAI. The models will be integrated into its virtual assistant Meta AI, which the company is pitching as the most sophisticated of its free-to-use peers, citing performance comparisons on subjects like reasoning, coding and creative writing against offerings from rivals including Alphabet's Google and French startup Mistral AI. The updated Meta AI assistant will be given more prominent billing within Meta's Facebook, Instagram, WhatsApp and Messenger apps as well as a new standalone website that positions it to compete more directly with Microsoft-backed OpenAI's breakout hit, ChatGPT.
Gabriel Attal, the French prime minister, announced measures on Thursday to crack down on teenage violence hours before two girls were stabbed outside their school.
Federal Reserve policymakers are coalescing around the idea of keeping borrowing costs where they are until perhaps well into the year, given slow and bumpy progress on inflation, and a still-strong U.S. economy. view articulated in February by Fed Governor Christopher Waller and since echoed by many of his colleagues. "I definitely don't feel urgency to cut interest rates" given the strength of the economy, Williams said at the Semafor's World Economy Summit in Washington.
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