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Cannabis stocks slammed as analysts say Canopy’s new CEO faces big challenges

Cannabis stocks fell Tuesday, as analysts weighing in on Canopy Growth’s new chief executive took a cautious stance, highlighting the continuing challenges facing the company.

7:58 a.m. Today
House Democrats say they’ll support new North American trade pact

Speaker of the House Nancy Pelosi and top Democrats announce they will support a revamped U.S.-Mexico-Canada trade deal.

12:05 p.m. Dec. 10, 2019
Pelosi backs revamped U.S.-Mexico-Canada trade pact

Speaker of the House Nancy Pelosi on Tuesday announced that Democrats would back the revamped U.S-Mexico-Canada trade pact negotiated by President Donald Trump. At a press conference, Pelosi said Democrats were able to wrest last-minute concessions on enforcement that make the USMCA palatable. Analysts said Pelosi will try to pass the deal before the holiday break. Pelosi said she worked closely with Richard Trumka, the president of the AFL-CIO trade union, during the final negotiations over the weekend.

10:20 a.m. Dec. 10, 2019
Cannabis market leader Canopy Growth names Constellation Brands’ CFO as its new CEO

Canopy Growth Corp. said Monday it has named David Klein, currently chief financial officer at its biggest shareholder, Constellation Brands Inc., as its new chief executive, taking over from Mark Zekulin on January 14.

7:15 a.m. Dec. 10, 2019
USMCA trade deal is ‘within range,’ Pelosi says

House Speaker Nancy Pelosi said great progress has been made on reaching a deal over the U.S.-Mexico-Canada Agreement, but final details were still being ironed out.

9:09 p.m. Dec. 9, 2019
12/11/2019 12:18pm
Royal Bank of Canada
-0.26 -0.25%
12/11/2019 12:18pm
Suncor Energy Inc.
-0.20 -0.48%
12/11/2019 12:19pm
Barrick Gold Corp.
+0.30 +1.32%
12/11/2019 11:03am
Weekend Unlimited Inc.
0.00 0.00%
12/11/2019 12:18pm
Bank of Montreal
-0.13 -0.13%
12/11/2019 12:18pm
Canadian Imperial Bank of Commerce
-0.49 -0.45%
12/11/2019 12:18pm
Encana Corp.
-0.0050 -0.09%
12/11/2019 12:17pm
Bombardier Inc. Cl B SV
-0.02 -0.78%


Oil prices decline after unexpected climb in weekly U.S. crude inventory data

Oil futures are lower Wednesday after U.S. government data showed U.S. supplies of crude oil unexpectedly climbed last week.

11:17 a.m. Today
Gold prices edge higher as investors watch tariff talks and the Fed

Gold prices are slightly higher Wednesday as uncertainty about U.S. international trade policy helps to buttress the yellow metal ahead of the Federal Reserve’s last policy statement and interest-rate projections of 2019.

10:01 a.m. Today
‘Gundlach ratio’ suggests bond yields may rise

Anyone who has followed Jeffrey Gundlach, the chief executive of DoubleLine and the so-called bond king, knows he likes one market-based predictor for bonds.

9:57 a.m. Today
Sterling inches lower as poll shows Conservative lead slipping ahead of U.K. election

The pound slipped after the YouGov poll released late on Tuesday projected that the Conservative Party would win 339 seats in Parliament, versus 231 for Labour.

6:34 a.m. Today
Gold prices end higher as focus turns to Fed policy announcement, China trade deal

Gold futures settle higher on Tuesday, with prices finding support in the wake of losses after the past two sessions, as traders eye potential progress toward a U.S.-China trade deal and await the outcome of the two-day Federal Reserve monetary policy meeting.

2:23 p.m. Dec. 10, 2019
Global Dow /zigman2/quotes/210599024/realtime 3,164.67 +3.47 +0.11%
Gold /zigman2/quotes/210034565/delayed 1,475.30 +7.20 +0.49%
Brent crude /zigman2/quotes/209704782/delayed 63.46 -0.88 -1.37%
Natural gas /zigman2/quotes/210189548/delayed 2.27 +0.0010 +0.04%

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