More from Canadian markets

Jefferies upgrades Aurora Cannabis to hold as share prices 'better reflect reality'

Jefferies on Friday upgraded shares of Aurora Cannabis Inc. to hold from underperform after the stock has fallen 10.5% so far this year. The U.S.-listed shares rose 0.9% in premarket trading. Analyst Owen Bennett said rec...

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CN’s bid to buy Kansas City Southern in jeopardy after regulatory ruling

Canadian National’s $33.6 billion deal to acquire Kansas City Southern railroad is in jeopardy after federal regulators on Tuesday rejected a key part of the plan and opened the door for a competing $31 billion offer from ...

Valens buys craft grower Stash Cannabis

The Valens Company Inc. shares fell 0.7% on Tuesday after the cannabis company said it agreed to acquire all of the outstanding shares of premium marijuana brand Citizen Stash Cannabis Corp. in a deal that values the tar...

Organigram launches new 'SHRED'ems' lineup of cannabis-infused gummies

Organigram Holdings Inc. announced Wednesday the launch of its "SHRED'ems" lineup of "high-quality and bold" cannabis-infused gummies. The parent of Canada-based cannabis producer Organigram Inc., said "SHRED'ems" adds to...

Pumpkin spice lattes heading back to the Starbucks menu on Tuesday

Fall is coming at Starbucks Corp. whether customers are ready or not. The pumpkin spice latte will be back on the menu in the U.S. and Canada starting Tuesday, along with the Pumpkin Cream Cold Brew. This is the 18th year...

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Newly selected ‘Jeopardy’ host out after scrutiny of past misogynist remarks

Producer Mike Richards was chosen last week to succeed to the legendary game-show host Alex Trebek.

Hexo stock tumbles after $140 million share offering pricing

The U.S.-listed shares of Hexo Corp. tumbled 18.4% in premarket trading Friday, after the Canada-based cannabis company announced the pricing of its previously announced public share offering, in which the company raised ...

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Canadian judge reserves decision on Huawei CFO’s extradition

A Canadian judge reserved her decision Wednesday on whether a senior executive for Chinese communications giant Huawei Technologies should be extradited to the U.S. after a Canadian Justice Department lawyer wrapped up his...

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Analysts upbeat on Tilray’s U.S. prospects after MedMen deal

Shares of Tilray Inc. rallied Wednesday, on the heels of mostly positive analyst comments on the Canadian cannabis company's announcement to buy a 21% stake in MedMen Enterprises Inc. through the purchase of notes and warr...

Whirlpool Canada launches first laundry detergent brand, Swash

Whirlpool Canada, an affiliate of Whirlpool Corp. , said Wednesday that it has launched its first laundry detergent brand, Swash. The brand is focused on using less detergent, with a bottle-and-cap design to measure deterg...

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Tilray eyes U.S. cannabis market with MedMen move, stock gains

Tilray announced Tuesday afternoon that it has agreed to purchase convertible bonds put forward by U.S. pot company MedMen Enterprise Inc. as it sought to avoid insolvency. The deal could eventually give Tilray a path to o...

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Kansas City Southern delays shareholder vote on CN’s $33.6 billion takeover bid

Kansas City Southern decided Tuesday to will delay this week’s planned shareholder vote on Canadian National’s $33.6 billion offer to buy the railroad because regulators haven’t yet ruled on a key part of the acquisition p...

Moderna to supply Canada with up to 35 million doses of its COVID-19 vaccine every year through 2024

Shares of Moderna Inc. were down 6.6% in trading on Monday after the company announced an updated supply deal for its COVID-19 vaccine with Canada. As part of the new terms, Moderna will supply up to 105 million doses and...

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Trudeau triggers Canadian snap election on Sept. 20

Prime Minister Justin Trudeau triggered an election Sunday as he seeks to capitalize on Canada being one of the most fully vaccinated countries in the world.

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Kansas City Southern rejects new takeover bid from Canadian Pacific

Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week.