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Nichola Saminather

Canadian pot producer Canopy may face challenges offloading assets, CEO says

15 Feb 2020

Canada's biggest cannabis producer, Canopy Growth Corp , could face challenges offloading assets as it seeks to winnow its facilities down to focus on its most lucrative markets and products, its chief executive told Reuters.

UPDATE 5-Canadian pot producer Canopy may face challenges offloading assets, CEO says

15 Feb 2020

Feb 14 Canada's biggest cannabis producer, Canopy Growth Corp, could face challenges offloading assets as it seeks to winnow its facilities down to focus on its most lucrative markets and products, its chief executive told Reuters.

Canadian insurer Manulife to invest in own business after capital boost

13 Feb 2020

TORONTO Manulife Financial Corp , Canada's biggest insurer, has the flexibility to invest capital into its own businesses after improving its leverage ratio and freeing up billions of dollars, executives said on Thursday.

UPDATE 1-Canadian insurer Manulife to invest in own business after capital boost

13 Feb 2020

TORONTO, Feb 13 Manulife Financial Corp , Canada's biggest insurer, has the flexibility to invest capital into its own businesses after improving its leverage ratio and freeing up billions of dollars, executives said on Thursday.

Manulife quarterly profit misses estimates, while Sun Life beats

13 Feb 2020

Canada's biggest life insurers reported increases in core quarterly profit on Wednesday as gains in earnings from wealth and asset management helped offset slower growth elsewhere.

WRAPUP 2-Manulife quarterly profit misses estimates, while Sun Life beats

13 Feb 2020

Feb 12 Canada's biggest life insurers reported increases in core quarterly profit on Wednesday as gains in earnings from wealth and asset management helped offset slower growth elsewhere.

More pain in store for Canadian marijuana companies after Aurora Cannabis, Tilray cut jobs

08 Feb 2020

TORONTO Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis and Tilray announced cost reductions this week.

More pain in store for Canadian marijuana companies after Aurora Cannabis, Tilray cut jobs

08 Feb 2020

TORONTO, Feb 7 Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis and Tilray announced cost reductions this week.

Aurora Cannabis to take C$1 billion in charges, cuts 500 jobs as CEO exits

07 Feb 2020

TORONTO Aurora Cannabis said Chief Executive Terry Booth will retire and Executive Chairman Michael Singer become interim CEO as the beleaguered marijuana producer announced C$1 billion ($752.79 million) in impairment charges on Thursday.

UPDATE 3-Aurora Cannabis to take C$1 billion in charges, cuts 500 jobs as CEO exits

07 Feb 2020

TORONTO, Feb 6 Aurora Cannabis said Chief Executive Terry Booth will retire and Executive Chairman Michael Singer become interim CEO as the beleaguered marijuana producer announced C$1 billion ($752.79 million) in impairment charges on Thursday.

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