Quasi financial stocks may gain the most in a debt deal.
GBA Presents: House of Gummy-!
- Thread starter stonedinvestor
- Start date
Heavy rains in Canada offer relief from wildfires but could lead to flooding
Crews hope wet weather could be ‘turning point’ after worst start to fire season on record in which area the size of Wales has burned
Tue 23 May 2023 12.26 EDTLast modified on Tue 23 May 2023 15.59 EDT
Officials in Alberta said that cool, wet weather over the weekend – and more forecast for the coming days – promised a respite after the worst start to a fire season on record, in which 512 wildfires have already consumed more than 945,000 hectares – surpassing the previous record 615,00 hectares for the same period in 2019.
“This could be a turning point for the firefighters working out there on the fires,” Christie Tucker of Alberta Wildfire told reporters, adding that everyone was “relieved to see some rain” after weeks of battling aggressive fires. “Most areas of the province have now seen rain, lower temperatures and higher humidity, all of which will help firefighters gain ground on these wildfires.”
Alongside the rains, cooler temperatures and more moisture in vegetation, are giving fire crews an added boost in taming the blazes.
The province is still contending with 81 fires, including 23 classified as out of control. Within Alberta, 10,000 people remain under evacuation order.
“Many fires of this size will certainly not be extinguished after a few days of rain,” said Tucker, adding that nearly 3,000 firefighters from 17 agencies and been deployed, along with 400 soldiers from the Canadian military.
Environment and Climate Change Canada said that by midweek, as much as 75mm of rain could fall in the western parts of the province.
Crews hope wet weather could be ‘turning point’ after worst start to fire season on record in which area the size of Wales has burned
Tue 23 May 2023 12.26 EDTLast modified on Tue 23 May 2023 15.59 EDT
Officials in Alberta said that cool, wet weather over the weekend – and more forecast for the coming days – promised a respite after the worst start to a fire season on record, in which 512 wildfires have already consumed more than 945,000 hectares – surpassing the previous record 615,00 hectares for the same period in 2019.
“This could be a turning point for the firefighters working out there on the fires,” Christie Tucker of Alberta Wildfire told reporters, adding that everyone was “relieved to see some rain” after weeks of battling aggressive fires. “Most areas of the province have now seen rain, lower temperatures and higher humidity, all of which will help firefighters gain ground on these wildfires.”
Alongside the rains, cooler temperatures and more moisture in vegetation, are giving fire crews an added boost in taming the blazes.
The province is still contending with 81 fires, including 23 classified as out of control. Within Alberta, 10,000 people remain under evacuation order.
“Many fires of this size will certainly not be extinguished after a few days of rain,” said Tucker, adding that nearly 3,000 firefighters from 17 agencies and been deployed, along with 400 soldiers from the Canadian military.
Environment and Climate Change Canada said that by midweek, as much as 75mm of rain could fall in the western parts of the province.
Stoney do you like the chart on LFCR?
Ted let me look after a trip to the green market i have to clear my head. I'm depressed.
I just bought 1,000 CPG. $6.83 <------
Buy 1000 CRESCENT PT ENERGY CORP COM (CPG) MKT
I just bought 1,000 CPG. $6.83 <------
Buy 1000 CRESCENT PT ENERGY CORP COM (CPG) MKT
You mean like SCHW?
It took Cramer 10 days to figure it out, we'll pencil you in at 14 days.
Last edited:
Ted- quite the balloon release! RS is about 84 so you could read that as overbought.-
But the good news is $8.50 should hold. Pretty constructive look $9.90 would be my target./
I'll take a fundi peek-
$9.90
$8.50
Bloom -7%
This is interesting Ted.
Lifecore Biomedical, Inc.
New $150 million credit arrangements include six-year credit agreement and equipment sale and leaseback to replace existing term loan
CHASKA, Minn., May 22, 2023 (GLOBE NEWSWIRE) -- Lifecore Biomedical, Inc. (“Lifecore” or the “Company” Nasdaq: LFCR), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it has entered into a broad set of agreements with its long-term customer, Alcon (SIX/NYSE: ALC), which provides for the repayment of the Company’s existing credit agreement with its current lenders and substantially increases the amount of hyaluronic acid (“HA”) that Lifecore is expected to supply for use in Alcon’s commercial product
Lifecore Biomedical, Inc.
New $150 million credit arrangements include six-year credit agreement and equipment sale and leaseback to replace existing term loan
CHASKA, Minn., May 22, 2023 (GLOBE NEWSWIRE) -- Lifecore Biomedical, Inc. (“Lifecore” or the “Company” Nasdaq: LFCR), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it has entered into a broad set of agreements with its long-term customer, Alcon (SIX/NYSE: ALC), which provides for the repayment of the Company’s existing credit agreement with its current lenders and substantially increases the amount of hyaluronic acid (“HA”) that Lifecore is expected to supply for use in Alcon’s commercial product
I'm sure Alcon comes off smelling like a rose here but basically they relieved Lifecore of bank debt and fund an expansion to create more product that they need-- I bet at a fixed price...
But certainly this looks good for Lifecore too-
But certainly this looks good for Lifecore too-
Bloom -7%
Why beat me up did you buy?
The upsetting thing is this comes after an investing day-
so some bad news came out. Probably timeline to profitability.
This is my latest big buy at the HF / I'm on a roll