Investors seeking to profit from the merger of Canadian cannabis companies Tilray Inc. and Aphria Inc. are best to do so by buying shares of Aphria, which are trading at a 51% discount over the merger conversion price, Cantor Fitzgerald analyst Pablo Zuanic said Tuesday. See full story.
Here’s what top economist Mohamed El-Erian fears will trigger a market mishap
Not much is slowing down enthusiasm for most assets right now. Mohamed El-Erian, economic adviser to Allianz, says these things might trip up investors. See full story.
Tax refunds will take longer this year — but think twice before taking an advance on yours
It will be the first week of March when the IRS starts releasing refunds on returns claiming these credits, the Earned Income Tax Credit and the Additional Child Tax Credit. See full story.
This technology could transform renewable energy. BP and Chevron just invested
BP and Chevron have made a landmark expansion into geothermal energy, betting on a new technology that could prove to be the world’s first scalable clean energy derived from a constant source: the natural heat of the earth, See full story.
The New York Stock Exchange president says the stock market is not a casino. Here’s what academic research says.
With the wild moves in the stock of GameStop and AMC Entertainment, or last week in cannabis makers, it’s not illogical to think of the stock market as a casino. Here’s what academic research finds. See full story.
The “winner” is Roman Abramovich, and Bill Gates is middle of the pack. See full story.