CBJ — Snap Inc.’s Snapchat app unexpectedly lost users in the second quarter. Daily users fell to 188 million from 191 million in the prior quarter, which could heighten investor anxiety about how competition and privacy issues are affecting Snap and its peers. The social media platform has never had a profitable quarter since debuting […]

CBJ — Nearly 100 companies and organizations have joined a blockchain platform developed by IBM in partnership with Maersk, the large international shipping conglomerate. The partnership is aimed at improving efficiency and limiting the large paper trail of global container shipping in an industry that has seen very little innovation over the past 60 years. […]

CBJ — A number of Ontario craft breweries have already made it known they are opting out of the province’s new buck-a-beer plan, arguing it would lower the quality of their product and force them to pay their staff less. Ontario Premier Doug Ford announced the province would decrease the lowest legal price to allow […]

CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) — Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce the filing of its second quarter financial and operating results. Included in the filings were Pine Cliff’s unaudited interim condensed consolidated financial statements and related management’s discussion and analysis for the three […]

CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended June 30, 2018 (“Second Quarter” or “Q2”). All amounts herein are in United States dollars (“USD”) unless otherwise stated. […]

NEW YORK, Aug. 08, 2018 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2018. HIGHLIGHTSQuarter ended June 30, 2018($ in millions, except per share amounts) Assets and Liabilities:       Investment portfolio     $   1,024.7   Net assets     […]

NEW YORK, Aug. 08, 2018 (GLOBE NEWSWIRE) — PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) (TASE: PFLT) announced today financial results for the third fiscal quarter ended June 30, 2018. HIGHLIGHTS Quarter ended June 30, 2018($ in millions, except per share amounts)   Assets and Liabilities:    Investment portfolio (1) $ 907.2     PSSL […]

CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOLS: ZAR; ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED JUNE 30, 2018) Funds flow from operating activities of $0.58 million compared to a negative $0.30 million recorded in the prior quarter, and the positive $1.14 million […]

CBJ — It would be next to unthinkable here in Canada, but four Tim Hortons locations have been closed in the Cincinnati, Ohio area due to poor sales. The four locations were owned by the same individual. Restaurant Brands International, the parent company of Tim Hortons, made the corporate decision as it tries to overcome […]

CBJ — Tesla CEO Elon Musk has once again created a stir in the marketplace on word he is looking to take the electric car maker private. Based on acquiring each share at $420, the the plan includes a $72 billion buyback of outstanding shares, which have been trading on the stock market for the […]