🏦Bank of England intervenes 🛢️Enbridge pipeline deal ‼️ Apotex being sold Here's what you need to know today:
after markets closed yesterday that it’s exiting retail to focus on the core business of producing pot, in the hope that this divestment will help it achieve profitability. Financial terms weren’t disclosed, which is a telling sign considering that once upon a time, pot-store licences were seen as a golden ticket. The Wall Street Journal is reporting Cineplex is exploring the possibility of buying Regal as Cineworld, the U.S.
BlackBerry management had a conservative tone in a conference call with analysts late yesterday after reporting a smaller second-quarter adjusted loss than expected. Despite momentum in the company’s Internet of Things business , CEO John Chen said it was “prudent” to maintain – rather than raise – the division’s full-year revenue outlook due to macro headwinds. He also expressed frustration about the delayed sale of BlackBerry’s non-core patents.
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