Tag: loans
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Does Plurilock Security (PLUR.V) loan forgiveness signal a positive post-pandemic reversal of fortunes?
Plurilock Security (PLUR.V) received debt forgiveness from their U.S. Small Business Payroll Protection Program (PPP) loan to the tune of $199,830 in principle and $2,053.82 today, according to a press release. The PPP is a multi-billion dollar loan program offered as part of the U.S. Coronavirus Aid, Relief and Economic Security (CARES) Act. It was…
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Markets and the Middle East: A look at Gold, Oil, and Student Debt
BREAKING: Boeing 737 Jet Crashes in Iran due to technical issues after takeoff. Source (ISNA) Oil Stuff & The Middle East At least two airbases housing US troops in Iraq have been hit by more than a dozen ballistic missiles. Iranian state TV says the attack is a direct retaliation to the US killing top…
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Aurora Cannabis (ACB.T) comes out on top in Italian tender, but debt looms heavy
Aurora Cannabis (ACB.T) has been named as the sole winner in the Italian medical cannabis tender process, an announcement tempered by worries over the company’s mounting debt and disappointing revenue. On July 18, Aurora fell 1.2% after Bank of America (BAC.NYSE) downgraded the stock’s rating to “neutral” from “buy.” Bank of America analyst, Chris Carey, described Aurora…