21 October 2024

Howe Street Reporter Title

Author: Staff

  • Vindication: After 5 years, regulators take the axe to former St Jean Carbon (SJL.V) CEO for news scam

    Vindication: After 5 years, regulators take the axe to former St Jean Carbon (SJL.V) CEO for news scam

    The Alberta Securities Commission has announced it has found that former Saint Jean Carbon (SJL.V) CEO Paul Ogilvie misled investors in 2017 when he claimed his company had performed what was his ‘greatest accomplishment’ by securing an off-take deal with the giant electronics firm, Panasonic Corporation. The finding, which is contained in a decision that…

  • Medexus Pharmaceutical (MDP.T) readies for powerful year of growth in specialty pharma sector

    Medexus Pharmaceutical (MDP.T) readies for powerful year of growth in specialty pharma sector

    Big pharma firms like Abbvie can offer incredible product growth potential to investors, but they also saddle shareholders with tremendous risk in terms of regulatory approval and capital cost. According to a recent study which tracked the success rates of clinical drug development through to FDA approval between 2006-2015, just 9.6% of the drug candidates…

  • Why Verses Technologies (VERS.NEO) share price doubled since IPO 5 weeks ago

    Why Verses Technologies (VERS.NEO) share price doubled since IPO 5 weeks ago

    Verses Technologies (VERS.NEO) is a next-generation AI company providing foundational technology for the contextual computing era. Modeled after natural systems and the design principles of the human brain and the human experience, VERSES’ flagship offering, COSM, is an AI Operating System for enhancing any application with adaptive intelligence. That’s a mouthful. The objective of Verses’…

  • Instagram sucks and why that matters

    Instagram sucks and why that matters

    It is news to nobody that Instagram is a cesspool of mainly horrible things. And at the top of that horrible-things list is the royal family of Instagram itself: The Kardashians. Not that you need photo evidence of their avarice, but this shockingly tone-deaf post from Kylie Jenner flaunting her and Travis Scott’s matching private…

  • The Fed raises rates by 75 basis points for the second consecutive time. What does this mean for stock markets?

    The Fed raises rates by 75 basis points for the second consecutive time. What does this mean for stock markets?

    In one word: bullish. The stock markets are loving the hawkish Fed. The Federal Reserve has raised interest rates by 75 basis points for the second consecutive time. The stock markets largely had this rate hike priced in. Fed futures had a near 100% probability of a 75 basis point hike and the Fed tends…

  • Medexus (MDP.T) resubmits Treosulfan NDA to FDA

    Medexus (MDP.T) resubmits Treosulfan NDA to FDA

    Medexus (MDP.T), a Canadian-based specialty pharma firm focused on acquiring and distributing innovative rare disease treatment solutions in North America, announced today that its strategic partner, medac, had resubmitted its New Drug Application (NDA) for treosulfan to the U.S. Food and Drug Administration. This submission was a response to the FDA request to submit information…

  • How Do Rising Interest Rates Affect You?

    How Do Rising Interest Rates Affect You?

    Shalom, my darlings. Since we last spoke, I’ve been extremely preoccupied changing my entire personality after spending exactly one month in Europe. I now wear a necklace engraved with my Hebrew name, begin my newsletters with “Shalom, my darlings”, and not-at-all casually begin every other sentence with “Oh, well when I was in Israel…” (strong…

  • Is this the best way to invest in gold and silver?

    Is this the best way to invest in gold and silver?

    We have a major week ahead with the Federal Reserve and potential confirmation of a US recession. Is now the time to look at gold? It gets a bit more complicated. Sure, money can run into gold when there is fear and uncertainty, but there are some typical money flow signs that I watch for.…

  • How to invest when you don’t know what to do 

    How to invest when you don’t know what to do 

    Inflation. Deflation. Stagflation.  Markets going down week after week, only to rip up higher. Headlines don’t seem to line up and so-called experts, who claim to have seen it all before, have as many different views as there are Elon Musk lawsuits. When there are too many signals and the immediate road ahead isn’t clear,…

  • Have US stock markets established their bear market lows?

    Have US stock markets established their bear market lows?

    Have US stock markets bottomed? From a technical analysis perspective: yes, there is a very good chance they have. From a fundamental perspective: it gets complicated. If we consider fundamentals, there is a lot which can weigh in on markets. Some things to consider are: Earnings, China, Russia, Inflation, Interest Rates, Supply Chain Issues, European…