Last week, Tesla, the global leader in the EV industry, surpassed Toyota as the world’s largest car manufacturer by market capitalization, reaching a value of over US$250 billion after reporting impressive deliveries for Q2/2020. In the past week, Tesla’s stock price continued to surge by over 20% to US$1,372 per share. [more]
Revenue increased to $8M with EBITDA of $1.2M. Organic Garage’s online sales almost doubled month-over-month in April to 6.6% of total sales. The Company’s 5th store, located in the Leaside neighborhood of Toronto, is set to open in Q2/2021. [more]
Recent low stock prices enabled activist investors to quietly buy up shares, leaving many companies vulnerable to becoming the target of shareholder activism in the future. Hugo Boss, easyJet, Tesla and Uber have all been under pressure from shareholders this year. [more]
Amid a global pandemic and economic uncertainty, Cerberus sells its stake at $16/share, below the original estimated price range of $18 to $20. Albertsons is the second-largest supermarket operator in the U.S. with over 2,200 stores in 34 states. [more]
Uncertainties caused by Covid-19 created a stronger demand for precious metals, increasing quarterly and annual revenue results but positive profits for the last quarter & fiscal year were elusive. [more]
The plant-based protein industry experienced significant growth in the past year as several emerging companies developed new innovative plant-based products, while larger traditional restaurants and retail chains created partnerships to meet public demand. [more]
Last week, Amanda Lang of BNN Bloomberg spoke with Heather Reisman, Founder & CEO of Indigo Books & Music (TSX: IDG), about the current plight of retail businesses in Canada and it does not look good. [more]
As corporations across numerous industries continue to sit back and assess an uncertain economic future, the M&A environment is diverging between highly impacted companies pulling out of deals, while well positions companies with large cash balances take opportunities. [more]
In this past week’s PGC Conference, a key topic of discussion was the changing trends in the gaming industry, with speakers and keynote presentations from companies including Doppio Games, Gameloft, Headup, and Netmarble. [more]
Video overview of eResearch’s Initiation Report on EQ Inc. (TSXV: EQ). EQ is digital marketing agency evolving into a data & analytics company as the EQ’s Data segment grew at over 100% Y/Y. [more]
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