Author: Vitaliy Dadalyan

4 Debt-Free Companies With Strong Stocks to Buy

There are several sectors where companies leverage for growth. Leverage can be productive when the industry or GDP growth is robust. On the other hand, in times of economic downturn, leverage can stress the balance sheet and result in potential bankruptcy.There are also less capital-intensive sectors that require less debt. Further, there are companies that prefer to infuse capital through equity than debt. These debt-free companies have strong fundamentals and ample financial headroom to pursue aggressive growth. * 15 Growth Stocks That Are Being Propped Up By Low Rates This column will discuss 4 debt-free companies with stocks to buy. Besides being debt-free, my focus is on stocks that are likely to be in limelight in the coming quarters.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Kirkland Lake Gold (NYSE:KL) * Virgin Galactic Holdings (NYSE:SPCE) * Inovio Pharmaceuticals (NASDAQ:INO) * Moderna (NASDAQ:MRNA)These debt-free companies can be value creators...

Grassroots Shareholders Approve the Previously Announced Curaleaf Acquisition of Grassroots

WAKEFIELD, Mass., July 17, 2020 /CNW/ -- Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading vertically integrated cannabis operator in the United States, and GR Companies, Inc. ("Grassroots"), jointly announced today that Grassroots's shareholders have approved the proposed Curaleaf acquisition of Grassroots. Over 87% of shareholder returned proxies approving the transaction at the July 16 shareholder meeting, resulting in unanimous approval in accordance with provisions of the Grassroots shareholders agreement....

U.S. energy secretary signs initial agreement with India on emergency oil reserves

The United States and India signed a preliminary agreement on Friday on cooperating on emergency crude oil reserves, including the possibility of India storing oil in the U.S. emergency stockpile, officials said. U.S. Energy Secretary Dan Brouillette told reporters in a teleconference with India Oil Minister Dharmendra Pradhan, that officials will discuss details of the emergency reserves in the next months....

Momentum in Canopy Growth Stock Could Send Shares to $22

Can Canopy Growth (NYSE:CGC) break out over resistance? That's what investors want to know now that Canopy Growth stock, Aphria (NYSE:APHA), and others cannabis stocks are beginning to find some upside momentum. Source: Shutterstock If this group can get buyers to return, then we could see some powerful moves across the board. Cannabis and CoronavirusThe novel coronavirus caused a painful spill in the equity markets. However, many names have come roaring back to life. In some instances, like with the Nasdaq, these investments have gone on to hit new highs. InvestorPlace - Stock Market News, Stock Advice & Trading TipsCannabis stocks were starting to look better in the first quarter of 2020. That was after bottoming in Q4 and showing signs of moving higher. In any regard, cannabis stocks understandably sold off. Many of these names have inferior balance sheets -- thankfully CGC stock isn't one of them -- and have...

Analyst Sees 60% Upside for Nabriva (NBRV) Following Merck Deal

As a general rule, when you hear about a tiny biotech "partnering" with a Big Pharma giant to market a drug, it's the smaller company that's doing all the work -- and the larger company that's providing the marketing heft (and the money to market the drug). But this news is a bit different. In fact, it's the exact opposite of what you'd ordinarily expect.Nabriva Therapeutics (NBRV), a microcap biotech based in Dublin, Ireland, announced Thursday that it will partner up with American Big Pharma giant Merck (MRK) to market Merck's "SIVEXTRO" antibiotic for treating acute bacterial skin and skin structure infections (ABSSSI) caused by Gram-positive pathogens (bacteria that produce a crystal violet stain result when subjected to the Gram stain test).SIVEXTRO is used to treat such common conditions as abscesses, cellulitis, and wound infections often caused by Staphylococcus aureus and Streptococcus pyogenes.Merck owns the rights to SIVEXTRO, originally approved by the US...

Why Eldorado Resorts Is Trading Lower Today

Eldorado Resorts (NASDAQ: ERI) shares are trading lower on Frida after reports emerged New Jersey regulators are mulling Eldorado buyout of Caesars Entertainment Corporation (NASDAQ: CZR).Eldorado Resorts is a gaming and hospitality company. It owns and operates gaming facilities located in Ohio, Louisiana, Nevada, Pennsylvania, and West Virginia. The primary source of revenue is generated by gaming operations, the company utilizes its hotels, restaurants, bars, entertainment, retail shops, racing, and other services to attract customers to their properties.It owns and operates various properties, such as Eldorado Resort Casino Reno; Silver Legacy Resort Casino; Circus Circus Reno and many other properties.Eldorado Resorts shares were trading down 6.13% at $38.27 during the time of publication on Friday. The stock has a 52-week high of $70.74 and a 52-week low of $6.02.See more from Benzinga * Why RumbleON's Stock Is Trading Higher Today * Netflix Falls On Mixed Q2 Earnings, Lower Subscriber Outlook *...