Michael Chan, a Hong Kong-based managing director who specializes in corporate restructuring, is assisting an investigation into a case that dates back a few years, according to people familiar with the matter. Neither Chan nor Kroll is the target of the investigation, the people said.
Write to paul.larkins@dowjones.com TODAY IN CANADA
Earnings:
None scheduled
Economic Calendar (ET):
0830 Jul GDP
Stocks to Watch:
High Arctic Working With Advisers on Reorganization Plan to Incorporate Key Elements of Shareholder Feedback; Board Reserves Final Decision to Proceed With Reorganization, Reserves Final Decision Until Strategic Review Addressed, Regulatory Approvals Received, Among Other Factors; No Certainty Reorganization Will Proceed in Format Previously Announced, or at All
High Arctic: Rig 103 Operating Reliably Since Returning to Work; Activity Nearing Halfway Point of the Four Committed Wells; Papua-LNG Partners Pushed Back Guidance for Target Final Investment Decision on Project to Early 2024; No Guarantee Co's Heli-Portable Drilling Rigs Will Be Deemed Suitable for Papua-LNG Project; No Guarantee Co Will Be Contracted to Conduct Papua-LNG Development Drilling
Monarch Mining 4Q Rev C$2.5M; 4Q Loss/Shr C$0.13; FY23 Rev C$5.1M; FY23 Loss/Shr C$0.28
SNDL and Nova Cannabis Extend Outside Date for Closing of the Strategic Partnership; Anticipate Transaction Will Close on or Before Oct 30
Expected Major Events for Friday
01:00/JPN: Aug Steel Imports & Exports Statistics
04:30/JPN: Aug Preliminary Report on Petroleum Statistics
05:00/JPN: Aug Housing Starts
05:00/JPN: Aug Construction Orders
05:00/JPN: Sep Consumer Confidence Survey
06:00/UK: 2Q Balance of Payments
06:00/UK: 2Q Business investment revised results
06:00/UK: 2Q UK quarterly national accounts
06:00/GER: Aug Foreign trade price indices
06:00/GER: Aug Retail Trade
06:45/FRA: Aug PPI
06:45/FRA: Aug Household consumption expenditure in manufactured goods
06:45/FRA: Sep Provisional CPI
07:55/GER: Sep Labour market statistics (incl unemployment)
08:00/ITA: Aug Foreign Trade non-EU
08:30/UK: Aug Money and Credit - Lending to Individuals, Lending to Businesses, Broad Money and Credit
08:30/UK: Aug Monetary & Financial Statistics
08:30/UK: Aug Bank of England effective interest rates
09:00/ITA: Sep Provisional CPI
09:00/ITA: Sep Cities CPI
10:00/ITA: Jul Industrial turnover
12:30/US: Aug Advance Economic Indicators Report
12:30/CAN: Jul GDP
12:30/US: Aug Personal Income and Outlays
13:45/US: Sep Chicago Business Barometer - ISM-Chicago Business Survey - Chicago PMI
14:00/US: 2Q State Quarterly Personal Income
14:00/US: Sep University of Michigan Survey of Consumers - final
14:00/US: 2Q GDP by State
19:00/US: Aug Agricultural Prices
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Friday
Ayala Pharmaceuticals Inc (ADXS) is expected to report for 3Q.
Carnival Corp (CCL) is expected to report $0.77 for 3Q.
Ferrellgas Partners LP (FGPR) is expected to report for 4Q.
Lovesac Co (LOVE) is expected to report $-0.11 for 2Q.
MGT Capital Investments (MGTI) is expected to report for 2Q.
Micron Solutions Inc (MICR) is expected to report for 2Q.
Mitek Systems Inc (MITK) is expected to report $0.09 for 1Q.
Republic First Bancorp (FRBK) is expected to report $0.05 for 2Q.
Taylor Devices (TAYD) is expected to report for 1Q.
Webco Industries Inc (WEBC) is expected to report for 4Q.
iSign Solutions Inc (ISGN) is expected to report for 2Q.
Powered by Kantar Media and Dow Jones.
ANALYST RATINGS ACTIONS
Brainstorm Cell Therptcs Cut to Hold From Buy by Maxim Group
DigitalBridge Group Raised to Overweight From Neutral by JP Morgan
Essential Utilities Raised to Buy From Neutral by Northcoast Research
Huntington Ingalls Raised to Overweight From Neutral by JP Morgan
NextEra Energy Partners Cut to Neutral From Overweight by JP Morgan
NextEra Energy Partners Cut to Perform From Outperform by Oppenheimer
Oshkosh Cut to Sector Weight From Overweight by Keybanc
Redfin Raised to Neutral From Underperform by DA Davidson
Terex Cut to Sector Weight From Overweight by Keybanc
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
09-29-23 0611ET
