The deal will allow the Canadian pot company to pursue investments from institutional and strategic investors.
— Read on www.cnbc.com/2019/06/09/tilray-privateer-strike-deal-to-release-75-million-shares-over-next-two-years.html
Value investments are cheapest in 30 years, but some say beware
Value-oriented investments are at at the biggest discount ever, according to J.P. Morgan, but some market watchers aren’t convinced they’re buys.
— Read on www.cnbc.com/2019/06/10/value-investments-are-cheapest-in-30-years-but-some-say-beware.html
Why the Next Recession Will Hit Canadians Harder Than Americans – Bloomberg
The recent yield curve inversion has renewed speculation about a potential North American recession and prompted questions about how a contraction would affect households.
— Read on www.bloomberg.com/news/articles/2019-06-10/why-the-next-recession-will-hit-canadians-harder-than-americans
Raytheon, United Technologies Agree to Blockbuster Defense Deal – Bloomberg
United Technologies Corp. agreed to buy Raytheon Co. in an all-stock deal, forming an aerospace and defense giant with $74 billion in sales in one of the industry’s biggest transactions ever.
— Read on www.bloomberg.com/news/articles/2019-06-09/united-technologies-raytheon-agree-to-blockbuster-defense-deal
Salesforce to Buy Tableau for $15.3b in All-Stock Deal – Bloomberg
(Updated with details on Class A, Class B shares, and debt)
— Read on www.bloomberg.com/news/articles/2019-06-10/salesforce-to-buy-tableau-for-15-3-billion-in-all-stock-deal
Learning From OPEC: Alberta’s Oil Supply Cuts Find a Sweet Spot – Bloomberg
Alberta may have finally found the right level for its oil curtailment program that has sent local oil prices on a roller coaster for the last few months.
— Read on www.bloomberg.com/news/articles/2019-06-10/learning-from-opec-alberta-s-oil-supply-cuts-find-a-sweet-spot
Canada `Blew’ Its Chance to Be World Pot Leader: Cannabis Weekly – Bloomberg
Canada “blew it” on cannabis legalization and is rapidly losing ground to the U.S. as a result, according to the founder of one of the top investment bankers to the industry.
— Read on www.bloomberg.com/news/articles/2019-06-09/canada-blew-its-chance-to-be-world-pot-leader-cannabis-weekly
Oil Market Latest Predictions for 2020 Crude Prices – Bloomberg
Oil bulls thought 2020 would be their year.
— Read on www.bloomberg.com/news/articles/2019-06-09/bulls-beware-the-2020-oil-market-is-quickly-turning-ugly
BREAKINGVIEWS – Hong Kong risks its future as global business hub – Reuters
(Reuters Breakingviews) – Carrie Lam’s government could squander Hong Kong’s privileged position in the eyes of foreign governments. A bill that would allow extradition to the mainland prompted hundreds of thousands to protest on Sunday. If the chief executive ignores the message, Washington, Brussels and others may reconsider their relationship with the territory. That would hurt both Hong Kong and China.
— Read on www.reuters.com/article/us-hongkong-extradition-march-breakingvi/breakingviews-hong-kong-risks-its-future-as-global-business-hub-idUSKCN1TB0D4
Infographic: How the Tech Giants Make Their Billions
Collectively, the Big Five tech giants combine for revenues of $802 billion, which is bigger than Saudi Arabia’s economy. Here’s how it breaks down.
— Read on www.visualcapitalist.com/how-tech-giants-make-billions/