Energy Hedge Fund Westbeck Capital Management Bullish on Canada Market (GeekyMint.com)
As per sources closely following the matter, following a 40% percent gain back in the previous week, Energy Hedge Fund, Westbeck Capital Management is ready to bank on Canadian firms as they have to spend relatively less in comparison to their U.S. counterparts, in turn leaving them with a higher level of free cash flow. Additionally, in comparison to firms operating in American shale fields, oil fields in Canada are not affected by the rapid rate of decline in production. In the past 3 years, foreign companies coming into Canada have reportedly ditched more than $30 billion of assets which has caused a serious blow to Canada’s energy industry. Several analysts have concluded that a lack of pipeline availability has affected any or all growth prospects in Canada.
Atricure Inc (ATRC) President, CEO, & Director Michael H Carrel Sold $1.7 million of Shares (Guru Focus)
President, CEO, & Director of Atricure Inc., Michael H Carrel, sold 50,000 shares of ATRC on 01/15/2020 at an average price of $34.5 a share. The total sale was $1.7 million. AtriCure Inc is a medical device company. It develops, manufactures and sells cardiac surgical ablation systems designed to create precise lesions, scars in cardiac, heart, and tissue. It generates revenue by selling disposable surgical devices.
The CFO of SJW (NYSE: SJW) is Selling Shares (Analyst Ratings)
Yesterday, the CFO of SJW (SJW), James Patrick Lynch, sold shares of SJW for $69.88K. Based on SJW’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $114 million and quarterly net profit of $9.48 million.
SEBI Fines Zee Group Rs 9 Lakh For Shareholding Disclosure Lapses (Bloomberg)
The Securities and Exchange Board of India on Thursday imposed a fine totalling Rs 9 lakh on Zee Media Corporation Ltd. and its promoter entity 25FPS Media Pvt. Ltd. for shareholding disclosure lapses. The regulator has levied a fine of Rs 6 lakh on 25FPS Media and Rs 3 lakh on Zee Media, SEBI said in an order. The order comes after SEBI received a reference from Zee Media, wherein it informed the regulator regarding non-compliance of Prohibition of Insider Trading Regulations by 25FPS during the period April 8 to April 23, 2019.
Cbdmd Inc (YCBD) CO-CEO Martin A. Sumichrast Bought $125,000 of Shares (Guru Focus)
CO-CEO of Cbdmd Inc., Martin A. Sumichrast, bought 125,000 shares of YCBD on 01/14/2020 at an average price of $1 a share. The total cost of this purchase was $125,000. Level Brands Inc is an US based branding and marketing company. The business activity of the group is operated through four division’s namely, professional products division, licensing division, entertainment division and health and wellness.
