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Added on the 22/12/2018 10:48:39 - Copyright : Wochit
Johannesburg (South Africa), Oct 12 (EFE / EPA) .- (Camera: Kim Ludbrook) Cilo Cybin will be the first South African cannabis company to go public. This company is in charge of the entire manufacturing process of its products: from growing indoors, through processing, to packaging.Gabriel Theron, the CEO of Cilo Cybin, believes that they already have a date for their departure on the JSE (Johannesburg Stock Exchange) and it will be December 2021.FOOTAGE OF THE CILO CYBIN FACILITIES, FROM THE CANNABIS PLANTATION TO THE MANUFACTURING AND PACKAGING ROOM OF THEIR PRODUCTS.
Tokyo, Mar 30 (EFE/EPA).- Japanese financial firm Nomura Holdings fell 0.66 percent Tuesday after plunging over 16 percent Monday, following the company's warning of possible $2 billion losses at one of its United States subsidiaries. (Camera: KIMIMASA MAYAMA).B-ROLL OF THE EXTERIOR OF THE NOMURA HOLDINGS' HEADQUARTERS IN TOKYO, JAPAN.
Tiffany Wood has been an active 'super user' seller on Poshmark since 2015, and her loyalty has truly paid off. According to Business Insider, Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering. In a leaked email, Poshmark let super users know the company had reserved 330,000 shares that they, and their friends and family, could purchase. The max buy was 150 shares. Wood bought 149 shares at $42 a share--the initial share price. On day one, her stock went up to a value of $14,378. By the market's close on Friday, shares were trading at $83.20. Wood's stake is still worth $12,397 with a healthy profit of $6,139. And she's thrilled!
Shares of the nutrition supplements company Herbalife were down as much as 3.2% in premarket trading on Monday. The slump came on the news that activist investor Carl Icahn will be selling about $600 million worth of his stake in the company. According to Business Insider, Icahn will also give up his firm's five seats on Herbalife's board. Herbalife will repurchase Icahn's shares for $48.05 per share. The time for activism has passed as the Company has grown, and I don't typically invest billions of dollars in companies where our role as activist is not needed. Carl Icahn
On Thursday, Disney previewed dozens of new series and movies for its Disney+ streaming service. According to CNN, investors are loving it. On Friday, shares of Disney jumped 11% to a new all-time high. The stock is now up nearly 20% this year. It's an astonishing achievement since the pandemic wreaked havoc on Disney's theme park business. It also forced its movie studios to delay big releases in theaters.
On Friday, Uber's stock price surged as much as 8%. The leap follows its third-quarter results. According to Business Insider Uber revealed a mixed recovery, with delivery continuing to help make up for a pandemic-induced slump. Executives said they still aim to be profitable on an adjusted basis next year. California's Prop. 22, which passed this week, was a decisive win for the company in its long-running labor battle. Prop. 22 allows Uber to treat workers as independent contractor in exchange for benefits and guarantees.