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CGC

Canopy Growth Corporation reported its Q2 FY2025 financial results, highlighting a 32% increase in net revenue for Storz & Bickel and growth in medical cannabis revenue by 16% in Canada and 12% internationally. The company also improved its balance sheet by reducing its senior secured term loan by US$100 million.

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November 08, 2024 | 12:15 pm

CAPL

CrossAmerica Partners faces increased risk for its distributions in 2025 due to a decrease in the covenant for their credit facility leverage ratio, which reduces their margin of safety. Their distribution payments strain cash flows, leaving little after capital expenditures.

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November 08, 2024 | 11:45 am

WBA

Walgreens has experienced a 57% stock decline, a dividend cut, and poor reinvestment opportunities, indicating potential further challenges. High debt levels and drastically reduced free cash flow suggest another dividend cut is likely, despite a capital allocation plan focused on debt reduction and reinvestment.

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November 08, 2024 | 9:00 am

AMC

AMC Entertainment reported better-than-expected earnings for Q3, but the company continues to face financial stress, burning through over $92 million in cash. Despite various debt deals, AMC's balance sheet remains weak.

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November 08, 2024 | 6:15 am

CCL

Carnival Cruise Lines (CCL) reported strong financial results for 3Q24 with significant year-on-year growth in revenues and net income. Despite strong demand in the cruise industry, CCL faces pressure from interest payments and prioritizes debt reduction. Customer deposits are high, aiding liquidity management.

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November 08, 2024 | 4:00 am

ASB

Associated Banc-Corp has announced a decrease in its prime rate, which could impact its lending and borrowing activities.

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November 08, 2024 | 2:15 am

SABR

Sabre Corporation's subsidiary, Sabre GLBL Inc., has initiated exchange offers to swap its existing senior secured notes due in 2027 for new notes due in 2029. This move aims to improve the company's debt maturity profile.

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November 08, 2024 | 1:45 am

PBA

Pembina Pipeline Corporation announced its intention to redeem its Series 19 Medium Term Notes, valued at $150 million, on November 17, 2024. The redemption price is set at approximately $1,023.19 per $1,000 principal amount.

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November 07, 2024 | 11:00 pm