A tech pioneer is working with the marijuana industry for its latest marketing effort. That’s just one sign of pot’s mainstream acceptance, which could help propel the industry to 200% growth by 2020…
According to an Aug. 26, 2017, Rolling Stone report, Netflix Inc. (Nasdaq: NFLX) created a line of cannabis tied to the streaming service’s exclusive TV series.
The “Netflix Collection” debuted at a pop-up event in Los Angeles between Aug. 26 and Aug. 27. There were 10 different marijuana strains available, inspired by shows like “Arrested Development,” “Orange Is the New Black,” and “Bojack Horseman,” to name a few.
learn about the stock market: Eiffage SA (EFGSY)
- [By SEEKINGALPHA.COM]
Atlantia (ATASF) (AT.IM), Eiffage (OTCPK:EFGSY) (FGR.FP), Ferrovial (OTC:FRRVF) (FER.SM), Albertis (OTC:ABFOF) (ABE.SM) and Vinci (OTCPK:VCISF) (DG.FP)
learn about the stock market: DepoMed Inc.(DEPO)
- [By Lisa Levin]
Shares of Depomed Inc (NASDAQ: DEPO) got a boost, shooting up 13 percent to $23.90. Depomed is preparing to put itself up for sale, following calls from activist investor Starboard Value LP to explore such a move, just a year after it fought off a hostile acquisition bid, people familiar with the matter told Reuters.
learn about the stock market: Tesoro Corporation(TSO)
- [By Benzinga News Desk]
U.S. oil refiner Tesoro (NYSE: TSO) said it would buy Western Refining (NYSE: WNR) for $4.1 billion to add refineries in Texas, New Mexico and Minnesota. The combined company will have refining capacity of over 1.1 million barrels per day. Tesoro has refineries in California, Washington, Alaska, Utah and North Dakota.
learn about the stock market: Rowan Companies Inc.(RDC)
- [By Ben Levisohn]
Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore Drilling (DO) have dropped 13%.
- [By Jon C. Ogg]
Rowan Companies plc (NYSE: RDC) closed up 15.1% at $17.84 and the 5.2 million shares traded was just 1.3 times normal trading volume. Rowan has a consensus analyst price target of $15.04 and a 52-week trading range of $10.67 to $20.88. The company has a total market cap of $2.2 billion.