Aurora Cannabis earnings: Here comes a billion-dollar loss

2020-02-11

When Aurora Cannabis Inc. announced last week that co-founder and Chief Executive Terry Booth would retire, it also revealed another loss to come: A quarterly deficit of roughly a billion dollars. Aurora ACB, -1.28% ACB, -1.44%  is scheduled to report fiscal second-quarter results Thursday morning, and it is expected toRead More →

What Is Tax Loss Harvesting?

2019-12-03

By WisdomTree ETFs All references to tax matters or information provided on this site are for illustrative purposes only and should not be considered tax advice and cannot be used for the purpose of avoiding tax penalties. Investors seeking tax advice should consult an independent tax advisor. How an InvestmentRead More →

Uber shares tumble 5% on $1.16 billion quarterly loss

2019-11-04

Uber Technologies Inc. reported another mega-loss on Monday, but its chief executive said there is a light at the end of the profitability tunnel. The ride-hailing service  reported a third-quarter loss of $1.16 billion, or 68 cents a share, compared to a $986 million loss in the same quarter aRead More →

BP swings to loss on weaker upstream earnings

2019-10-29

BP PLC said Tuesday that it swung to a loss in third-quarter earnings as it reported a divestment-related charge as well as lower upstream earnings. The London-based energy giant BP, -0.28% BP, +0.00%  posted a replacement-cost loss–a metric similar to the net income figure that U.S. oil companies report–of $351Read More →