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Ellington Financial Buys Two Mortgage REITs Within Two Months

Mergers on Wall Street have a way of creating substantial volatility. Usually, the company that makes the acquisition immediately loses a few points, while the company that is acquired skyrockets because of the price premium it receives on the deal. Investors who own the acquiring company hope that the merger will create substantial earnings and revenue that will propel the stock higher down the road. But it doesn’t always work out that way. One well-known example of a deal that went sout...
Old Greenwich United States Laurence Penn Great Ajax Corp Arlington Asset Investment Corp Juul Labs Inc
Source: yahoo.com

Cronos Group (NASDAQ:CRON) Trading Down 5.4%

Cronos Group Inc. (NASDAQ:CRON – Free Report) traded down 5.4% during mid-day trading on Wednesday . The stock traded as low as $1.93 and last traded at $1.93. 650,117 shares were traded during trading, a decline of 55% from the average session volume of 1,435,096 shares. The stock had previously closed at $2.04. Analyst Ratings […]
United States Jason Marc Adler Institutional Trading Of Cronos Group Cronos Group Price Performance Intact Investment Management Inc Cronos Group
Source: wkrb13.com

Tobacco Vs. Cannabis: Why Doesn't The U.S. Government Want Our Money? - Cronos Group (NASDAQ:CRON), British American Tobacco (NYSE:BTI)

Legalizing cannabis presents an opportunity for the federal government to tap into a valuable source of revenue. Instead of relying solely on sales taxes, the integration of the cannabis industry into the legal space can generate substantial personal and corporate income taxes.
United States Canada Island Auxly Cannabis Group Altria Group Alliance One International Pyxus International

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Nation's First Cannabis Super PAC: Launch: Legalize America To Champion Marijuana Law Reform - Cronos Group (NASDAQ:CRON), Curaleaf Holdings (OTC:CURLF)

An unprecedented venture has emerged on the American political scene, as Legalize America has been officially unveiled as the country's first Super Political Action Committee (Super PAC) focusing exclusively on cannabis reform.
United States Pete Meachum Matt Harrell Pew Research Center Cronos Group Super Political Action Committee

Jefferies Financial Group Lowers Cronos Group (TSE:CRON) Price Target to C$2.63

Cronos Group (TSE:CRON – Get Rating) had its price target cut by Jefferies Financial Group from C$3.19 to C$2.63 in a research note published on Thursday, BayStreet.CA reports. Separately, Sanford C. Bernstein lowered their price target on shares of Cronos Group from C$3.60 to C$3.42 in a report on Wednesday, March 1st. Cronos Group Stock […]
United States Sanfordc Bernstein Jefferies Financial Group Cronos Group Inc Cronos Group Stock Down Cronos Group
Source: wkrb13.com

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