High Tide Inc. has obtained credit approval for C$40 million in senior secured credit facilities from Bank of Montreal. The new loan agreement includes a $25 million revolving facility and a $15 million delayed draw term loan, which will refinance existing debt and provide capital for working capital, acquisitions, and investments. This refinancing is expected to lower the company's capital costs and support its expansion, including its retail cannabis operations and medical cannabis distribution in Canada and Germany. Closing is expected within 30 days, subject to customary conditions.
Boyd Group Services Inc. announced a cash dividend of C$0.156 per common share for the second quarter of 2026. The dividend will be paid on July 29, 2026, to shareholders recorded by June 30, 2026. Boyd Group is a major operator of collision repair c...
Amkor Technology's shares rose about 6% premarket following a 10-year partnership announcement with Taiwan Semiconductor to expand advanced semiconductor packaging and testing in Arizona. This deal aims to boost U.S. chip production capacity for AI a...
U.S. stock futures showed mixed results with Dow Jones futures down while Nasdaq 100 and S&P 500 futures rose as investors awaited the Federal Open Market Committee's interest rate decision. La-Z-Boy surged nearly 20% after reporting better-than-expe...
The S&P 500 fell 0.57% to 7,511.35 on Tuesday as investors rotated out of chip stocks into cyclical sectors. Traders on Polymarket predict a 78% chance the index will open higher on Wednesday, ahead of the Federal Open Market Committee meeting under ...
Negotiations between Microsoft and Oracle to lease Oracle's cloud infrastructure, potentially worth over $3 billion, reportedly ended due to Oracle's public cloud not meeting FedRAMP security standards needed for U.S. government data. Oracle disputed...
