Company Overview and News

CANADA STOCKS-TSX near 4-week high as energy, materials gain

2018-04-18 reuters
April 18 (Reuters) - Canada’s main stock index rose sharply after opening at a near one-month high on Wednesday, helped by gains in energy and material companies, and after the Bank of Canada issued an optimistic economic growth outlook.
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[Press] Elk Petroleum: Grieve CO2 EOR Project Oil Production Commences

2018-04-18 oilvoice
We very pleased to announce the start of oil production from the Grieve CO2 EOR Project. The construction and commissioning of the Grieve CO2 EOR Production Facilities was completed by our joint venture partner, Denbury Resources Inc. within scope and budget under a fixed price turnkey construction contract and production has commenced within project start-up deadlines. The Grieve CO2 EOR Project is owned by Elk with a 49% non-operated working interest and Denbury Resources with a 51% operated working interest.
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The Latest: Tugboat blamed in Great Lakes pipeline damage

MACKINAW CITY, Mich. (AP) — The Latest on damage to oil pipelines and electric cables in Michigan's Straits of Mackinac (all times local):
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CANADA STOCKS-TSX gains on upbeat data, rising energy stocks

2018-04-17 reuters
April 17 (Reuters) - Canada’s main stock index rose on Tuesday, helped by upbeat manufacturing data and as energy shares rose alongside oil prices.
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Fidelity Likes CP Rail for Crude Opportunity Amid Pipeline Spat - Bloomberg

2018-04-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Michigan official: Tugboat damaged Great Lakes pipelines

MACKINAW CITY, Mich. (AP) — Michigan's attorney general says a tugboat dragged its anchor as it passed through the waterway connecting Lake Huron and Lake Michigan, causing recent damage to underwater oil and electrical lines.
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Underwater vehicle to inspect damaged Great Lakes oil pipes

MACKINAW CITY, Mich. (AP) — The company that owns twin oil pipelines beneath the waterway that connects Lake Huron and Lake Michigan is preparing to launch an underwater vehicle to inspect damage that may have been caused by a ship's anchor.
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You Should Renew Your Investment Once This One Reaches 5%

2018-04-16 seekingalpha
Not too long ago, I wrote an article about a controversial holding; Enbridge (ENB). As a current shareholder, I’m bullish for ENB and I believe it will complete its projects and keep raising its dividend by double digits. In the comment section, many highlighted how Enbridge has a troubled history with managing environmental risks (notably the Kalamazoo river spill). I can’t say that I’m proud of what ENB did in the past, but let’s be honest; we all need and use pipeline services in our daily life.
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10 Cheap Stocks for Less Than the Price of a Netflix Subscription

2018-04-13 investorplace
It’s easy to overlook small monthly expenses such as a Netflix, Inc. (NASDAQ:NFLX) or Spotify Technology SA (NYSE:SPOT) subscription. But even those small dollar amounts can add up. With the rise of discount and even free brokerages, it’s ever-easier to put small amounts of capital to work without paying exorbitant fees and buy cheap stocks.
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The Zacks Analyst Blog Highlights: IBM, Enbridge, ADP, Marathon and United Continental

2018-04-13 zacks
Chicago, IL – April 13, 2018 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include IBM (IBM - Free Report) , Enbridge (ENB - Free Report) , ADP (ADP - Free Report) , Marathon Petroleum (MPC - Free Report) and United Continental (UAL - Free Report) .
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Senator wants temporary halt of oil flow through pipelines

TRAVERSE CITY, Mich. (AP) — Sen. Gary Peters of Michigan says the flow of crude oil through twin pipelines in a sensitive Great Lakes waterway should be suspended until authorities determine how severely they were damaged by what may have been a ship anchor strike.
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Top Analyst Reports for IBM, Enbridge & ADP

2018-04-12 zacks
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including IBM (IBM), Enbridge (ENB) and ADP (ADP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
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Enbridge underwater pipeline damaged in Michigan, possibly by ship anchor

Michigan Gov. Rick Snyder said Wednesday that twin oil pipelines in a waterway linking two of the Great Lakes appear to have sustained minor damage from a vessel that may also have caused a recent leak of coolant fluid from electric cables.
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Trans Mountain or No, Alberta Has Some Oil Shipping Options

2018-04-11 rigzone
(Bloomberg) -- If Kinder Morgan Canada Ltd. decides to shelve its now-stalled Trans Mountain pipeline expansion project, oil sands producers will have to get creative about moving their crude.
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Michigan governor: Vessel damaged underwater oil pipelines

TRAVERSE CITY, Mich. (AP) — Michigan Gov. Rick Snyder says twin oil pipelines beneath the waterway linking two of the Great Lakes apparently were damaged by the same vessel believed to have caused a recent 600-gallon (2,270-liter) coolant fluid leak from electric cables.
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RDHL: Redhill Biopharma Ltd (OTC:REDIF) Analysis and Research Report

2018-04-18 - Asif

History and Development of the Company The company's legal and commercial name is RedHill Biopharma Ltd. The company's company was incorporated on August 3, 2009, and was registered as a private company limited by shares under the laws of the State of Israel. The company's principal executive offices are located at 21 Ha’arba’a Street, Tel Aviv, Israel. In February 2011, the company completed its initial public offering in Israel, pursuant to which the company issued 14,302,300 Ordinary Shares, and 7,151,150 tradable Series 1 Warrants to purchase 7,151,150 Ordinary Shares for aggregate gross proceeds of approximately $14 million. On December 27, 2012, the company completed the listing of its ADSs on the NASDAQ Capital Market. The company's Ordinary Shares are traded on the Tel-Aviv Stock Exchange under the symbol “RDHL,” and its ADSs are traded on the NASDAQ Capital Market under the same symbol "RDHL". The company's capital expenditures for the years ended December 31, 2...

SCYX: SCYNEXIS Analysis and Research Report

2018-04-16 - Asif

Overview SCYNEXIS, Inc. is a biotechnology company committed to positively impacting the lives of patients suffering from difficult-to-treat and often life-threatening infections by delivering innovative anti-infective therapies. SCYNEXIS is developing its lead product candidate, SCY-078, as the first representative of a novel oral and intravenous (IV) triterpenoid antifungal family in clinical development for the treatment of several serious fungal infections, including invasive candidiasis, invasive aspergillosis, refractory invasive fungal infections and vulvovaginal candidiasis (VVC). SCY-078 is a structurally distinct glucan synthase inhibitor that has been shown to be effective in vitro and in vivo against a broad range of human fungi pathogens such as Candida and Aspergillus species, including multidrug-resistant strains, as well as Pneumocystis species. Candida and Aspergillus species are the fungi responsible for approximately 85% of all invasive fungal infections in t...

ENRT: Enertopia Corp (CNSX:TOP) Analysis and Research Report

2018-04-16 - Asif

Business History Enertopia Corp. was formed on November 24, 2004 under the laws of the State of Nevada and commenced operations on November 24, 2004. From inception until April 2010, the company were primarily engaged in the acquisition and exploration of natural resource properties. Beginning in April 2010, the company began its entry into the renewable energy sector by purchasing an interest in a solar thermal design and installation company. In late summer 2013, the company began its entry into medicinal marijuana business. During its 2014 fiscal year end its activities in the clean energy sector were discontinued. During fiscal 2015 its activities in the Medicinal Marijuana sector were discontinued. During fiscal 2016 its activities in the Women’s personal healthcare sector were discontinued. The Company is actively pursuing business opportunities in the resource sector, whereby the company signed a definitive agreement for a Lithium Brine Project in May 2016. In May ...

FB: Facebook Analysis and Research Report

2018-04-15 - Asif

Overview The company's mission is to give people the power to build community and bring the world closer together. The company's top priority is to build useful and engaging products that enable people to connect and share with friends and family through mobile devices, personal computers, and other surfaces. The company also help people discover and learn about what is going on in the world around them, enable people to share their opinions, ideas, photos and videos, and other activities with audiences ranging from their closest friends to the public at large, and stay connected everywhere by accessing its products, including: Facebook enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers. There are a number of different ways to engage with people on Facebook, the most important of which is News Feed which displays an algorithmically-ranked series of stories and advertisements individualized for each pers...

VSTM: Verastem Analysis and Research Report

2018-04-12 - Asif

Business Overview Verastem is a biopharmaceutical company focused on developing and commercializing drugs to improve the survival and quality of life of cancer patients. The company's most advanced product candidates, duvelisib and defactinib, utilize a multi-faceted approach to treat cancers originating either in the blood or major organ systems. Verastem is currently evaluating these compounds in both preclinical and clinical studies as potential therapies for certain cancers, including leukemia, lymphoma, lung cancer, ovarian cancer, mesothelioma, and pancreatic cancer. The company believe that these compounds may be beneficial as therapeutics either as single agents or when used in combination with immuno-oncology agents or other current and emerging standard of care treatments in aggressive cancers that are poorly served by currently available therapies. Duvelisib targets the Phosphoinositide 3-kinase (PI3K) signaling pathway. The PI3K signaling pathway plays a centr...