NA Proactive news snapshot: PharmaDrug, Kintara Therapeutics, QC Copper and Gold, New Pacific Metals UPDATE …
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
PharmaDrug Inc (CSE:BUZZ) (OTCPINK:LMLLF) said it has entered into a supply agreement with a Eurozone cannabis extractor to produce medical-grade THC oil for sale under PharmaDrug s own brand. The company said it expects to receive the THC product and begin selling it in Germany by September. “We are extremely excited to sign this agreement to finally launch medical cannabis in Germany under our own brand. The company is making several movers to significantly increase its presence and volumes in the German medical cannabis market,” PharmaDrug CEO Daniel Cohen said in a statement.
Wall Street enjoys banner Friday despite retail sales disappointment
Tesla and Facebook each added more than 3% as tech stocks broadly outperformed
4:14pm: Cruise line companies benefit from rising tides on Wall Street
The Dow ended Friday up 361 points, 1.1%, at 34,382. The Nasdaq surged 305 points, 2.3%, to 13,430, and the S&P 500 improved 61 points, 1.5%, to 4,174.
Despite the robust performance, the major indices posted losses on the week after Wall Sreet endured a major crunch from Monday to Wednesday.
Cruise companies were among the session s biggest outperformers. Carnival Corporation & plc (NYSE:CCL) shares gained more than 8% to $27.16. Royal Caribbean Group (NYSE:RCL) stock jumped more than 7% to $84.16 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) saw its share price rise 8% to $28.56.
Dow adds more than 300 points to record close, Nasdaq turns positive in afternoon jump
Traders reacted to jobless claims falling to 498,000 last week, well below the 538,000 expected
4:20pm: PayPal shares pop on earnings beat
Traders stepped on the gas in the final hours, propeling the Dow 318 points higher, a gain of nearly 1%, to a record 34,549. The Nasdaq gained 50 points, 0.4%, to 13,633 after spending most of the day in the red, and the S&P 500 picked up 34 points, 0.8%, to finish at 4,202.
PayPal Holdings Inc (NASDAQ:PYPL) got in on the gains after the company reported earnings that came in ahead of expectations and revenue that jumped 31% year-over-year. Shares gained nearly 2% to $252.02.
Dow adds more than 300 points to record close, Nasdaq turns positive in afternoon jump
Traders reacted to jobless claims falling to 498,000 last week, well below the 538,000 expected
4:20pm: PayPal shares pop on earnings beat
Traders stepped on the gas in the final hours, propeling the Dow 318 points higher, a gain of nearly 1%, to a record 34,549. The Nasdaq gained 50 points, 0.4%, to 13,633 after spending most of the day in the red, and the S&P 500 picked up 34 points, 0.8%, to finish at 4,202.
PayPal Holdings Inc (NASDAQ:PYPL) got in on the gains after the company reported earnings that came in ahead of expectations and revenue that jumped 31% year-over-year. Shares gained nearly 2% to $252.02.
NA Proactive news snapshot: Pacton Gold, Todos Medical, Chesapeake Financial, PlantX Life UPDATE …
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
Pacton Gold Inc (CVE:PAC) (OTCPINK:PACXF) has sold the remaining 25% interest it holds in three properties in the Western Pilbara. The company has struck an asset sale agreement with Pilbara Gold Corporation Pty Ltd (PGC) and Raiden Resources (in which Pacton holds shares), whereby PGC will buy 25% of the Arrow, Yandicoogina and Boodalyerrie gold properties.
Todos Medical Ltd (OTCQB:TOMDF) has acquired Provista Diagnostics Inc, a US-based medical diagnostics that owns the intellectual property rights to proprietary breast cancer blood test Videssa and has a diagnostic lab currently performing coronavirus (COVID-19) PCR testing. Under the terms of the agreement, Todos said it has acquired Provista from its private equity owner f