Aurora Cannabis stock still sliding as it reveals executive Battley was asked to leave

By Staff The Canadian Press Posted December 24, 2019 12:53 pm Updated December 24, 2019 12:54 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Shares in Aurora Cannabis Inc. continued to fall on…

Community-driven investment initiative launched to help revitalize Edmonton’s Little Italy

A unique investment project was launched in inner-city Edmonton on Monday in an attempt to help spur community-driven revitalization of Little Italy. Miranda Ringma, board chair of the McCauley Development Co-operative, is involved with the launch and said there are…

Calgary-based Tourmaline Oil’s shares tumble on disappointing Q2 and production guidance changes

Shares in Tourmaline Oil Corp. tumbled by as much as 16 per cent on Thursday morning after it missed second-quarter expectations and warned it expects to produce fewer barrels of petroleum liquids and more dry gas this year. The Calgary-based…

Alberta oil and gas CEOs say combination of high dividend yields and sliding shares are spooking investors

Mid-sized Alberta oil and gas producers say their share prices have fallen so low that investors are starting to worry their rising dividend yields are becoming unsustainable. The irony is that his Calgary-based company has no intention of reducing its…

Trading in MEG mixed after company rejects hostile takeover bid by Husky Energy

MEG Energy Corp. shares rose and fell in choppy trading Thursday after it formally rejected a $3.3-billion hostile takeover offer from oilsands rival Husky Energy Inc. The target company said after markets closed Wednesday that the Husky offer is opportunistic…

MEG shares soar as analysts predict Husky will strengthen hostile takeover offer

Financial analysts say Husky Energy Inc. will likely have to sweeten its $3.3-billion hostile takeover bid for fellow Calgary oilsands producer MEG Energy Corp., although they concede there are few white knights that are big enough to ride to its…