TRST - トラストコ・バンク (TrustCo Bank Corp NY)

TRSTのニュース

   6 Reasons to Add TrustCo Bank Corp (TRST) to Your Portfolio  2020/06/03 08:04:00 Zacks Investment Research
Solid fundamentals and prospects make TrustCo Bank Corp (TRST) stock an attractive pick at the moment.
   CannTrust Holdings greenhouse licenses reinstated, plans restart of operations  2020/05/29 12:25:27 The Star
   CannTrust - Sale and Investment Solicitation Process  2020/05/15 22:00:00 Benzinga Feeds
VAUGHAN, ON , May 15, 2020 /CNW/ - On March 31, 2020 , CannTrust Holdings Inc. (the "Company") announced that the Company and certain of its subsidiaries (collectively, "CannTrust") were granted protection pursuant to an order issued under the Companies' Creditors Arrangement Act by the Ontario Superior Court of Justice (the "Court") and that Ernst & Young Inc. was appointed monitor (in such capacity, the "Monitor"). In addition, the Court approved CannTrust's agreement engaging Greenhill & Co. Canada Ltd (the "Financial Advisor") as financial advisor. On May 8, 2020 , the Court issued an order (the "SISP Order") authorizing and directing CannTrust to undertake a sale and investment solicitation process (the "SISP"). The SISP Order requires the Company to issue this press release to announce the initiation of the SISP. The SISP is intended to solicit interest in, and opportunities for, a sale of or investment in all or part of CannTrust's assets and business operations (the "Opportunity").
   What Can We Learn From CannTrust? A Lot  2020/04/08 16:58:56 Benzinga Feeds
CannTrust Holdings Inc. (NYSE: CTST ) had a really bad week. The New York Stock Exchange and the Toronto Stock Exchange stopped trading the security on the morning of March 31, 2020 when the company announced that it filed for bankruptcy protection and looks to be throwing in the towel as a public company. CannTrust may no longer try to fix its public disclosure statements by filing additional reports as required under the Canadian and US securities laws. The bankruptcy filing was the end result of a downward spiral that started in July 2019 when regulators found unlicensed grow rooms and that CannTrust provided them with false and misleading information. Within five (5) days, CannTrust’s stock dropped 48% and the company lost over $174 million in market value. Shareholders quickly filed a class-action lawsuit on July 10, 2019 alleging that the company failed to disclose to investors that it was growing cannabis without regulatory approval and that it did not comply with regulatory requirements.
   The Week In Cannabis: Stocks Back In The Red, CannTrust Enters Creditor Protection, Good News For MedMen, GW Pharma  2020/04/05 17:25:58 Benzinga Feeds
After two strong weeks, marijuana stocks went negative again, with all major ETFs posting significant losses. Over the last five trading days: The ETFMG Alternative Harvest ETF (NYSE: MJ ) lost 13.85%. The AdvisorShares Pure Cannabis ETF (NYSE: YOLO ) tumbled 11.58%. The Cannabis ETF (NYSE: THCX ) took a 16.49% dive. The Amplify Seymour Cannabis ETF (NYSE: CNBS ) shed 10.99% of its value.The SPDR S&P 500 ETF Trust (NYSE: SPY ) closed the period down 2.05%. The big news item of the week, beyond the COVID-19 pandemic, was CannTrust Holdings Inc. (NYSE: CTST ) (TSE: TRST) entering creditor protection under the CCAA and its stock being delisted from the the Toronto and New York Stock exchanges. The news was "a foregone conclusion," said Matt Markiewicz, managing director of Innovation Shares, which is behind the Cannabis ETF. "It is a stark reminder of how this industry and its actors are beholden to higher standards than most consumer product categories," he said. "There should be no gray area when compliance is involved and CannTrust, along with its investors, have now paid a heavy price for violating Health Canada's rules." Check out our cannabis, hemp and psychedelics news, now in Spanish on El Planteo .
   6 Reasons to Add TrustCo Bank Corp (TRST) to Your Portfolio  2020/06/03 08:04:00 Zacks Investment Research
Solid fundamentals and prospects make TrustCo Bank Corp (TRST) stock an attractive pick at the moment.
   CannTrust Holdings greenhouse licenses reinstated, plans restart of operations  2020/05/29 12:25:27 The Star
   CannTrust - Sale and Investment Solicitation Process  2020/05/15 22:00:00 Benzinga Feeds
VAUGHAN, ON , May 15, 2020 /CNW/ - On March 31, 2020 , CannTrust Holdings Inc. (the "Company") announced that the Company and certain of its subsidiaries (collectively, "CannTrust") were granted protection pursuant to an order issued under the Companies' Creditors Arrangement Act by the Ontario Superior Court of Justice (the "Court") and that Ernst & Young Inc. was appointed monitor (in such capacity, the "Monitor"). In addition, the Court approved CannTrust's agreement engaging Greenhill & Co. Canada Ltd (the "Financial Advisor") as financial advisor. On May 8, 2020 , the Court issued an order (the "SISP Order") authorizing and directing CannTrust to undertake a sale and investment solicitation process (the "SISP"). The SISP Order requires the Company to issue this press release to announce the initiation of the SISP. The SISP is intended to solicit interest in, and opportunities for, a sale of or investment in all or part of CannTrust's assets and business operations (the "Opportunity").
   What Can We Learn From CannTrust? A Lot  2020/04/08 16:58:56 Benzinga Feeds
CannTrust Holdings Inc. (NYSE: CTST ) had a really bad week. The New York Stock Exchange and the Toronto Stock Exchange stopped trading the security on the morning of March 31, 2020 when the company announced that it filed for bankruptcy protection and looks to be throwing in the towel as a public company. CannTrust may no longer try to fix its public disclosure statements by filing additional reports as required under the Canadian and US securities laws. The bankruptcy filing was the end result of a downward spiral that started in July 2019 when regulators found unlicensed grow rooms and that CannTrust provided them with false and misleading information. Within five (5) days, CannTrust’s stock dropped 48% and the company lost over $174 million in market value. Shareholders quickly filed a class-action lawsuit on July 10, 2019 alleging that the company failed to disclose to investors that it was growing cannabis without regulatory approval and that it did not comply with regulatory requirements.
   The Week In Cannabis: Stocks Back In The Red, CannTrust Enters Creditor Protection, Good News For MedMen, GW Pharma  2020/04/05 17:25:58 Benzinga Feeds
After two strong weeks, marijuana stocks went negative again, with all major ETFs posting significant losses. Over the last five trading days: The ETFMG Alternative Harvest ETF (NYSE: MJ ) lost 13.85%. The AdvisorShares Pure Cannabis ETF (NYSE: YOLO ) tumbled 11.58%. The Cannabis ETF (NYSE: THCX ) took a 16.49% dive. The Amplify Seymour Cannabis ETF (NYSE: CNBS ) shed 10.99% of its value.The SPDR S&P 500 ETF Trust (NYSE: SPY ) closed the period down 2.05%. The big news item of the week, beyond the COVID-19 pandemic, was CannTrust Holdings Inc. (NYSE: CTST ) (TSE: TRST) entering creditor protection under the CCAA and its stock being delisted from the the Toronto and New York Stock exchanges. The news was "a foregone conclusion," said Matt Markiewicz, managing director of Innovation Shares, which is behind the Cannabis ETF. "It is a stark reminder of how this industry and its actors are beholden to higher standards than most consumer product categories," he said. "There should be no gray area when compliance is involved and CannTrust, along with its investors, have now paid a heavy price for violating Health Canada's rules." Check out our cannabis, hemp and psychedelics news, now in Spanish on El Planteo .
   What Can We Learn From CannTrust? A Lot  2020/04/08 16:58:56 Benzinga Feeds
CannTrust Holdings Inc. (NYSE: CTST ) had a really bad week. The New York Stock Exchange and the Toronto Stock Exchange stopped trading the security on the morning of March 31, 2020 when the company announced that it filed for bankruptcy protection and looks to be throwing in the towel as a public company. CannTrust may no longer try to fix its public disclosure statements by filing additional reports as required under the Canadian and US securities laws. The bankruptcy filing was the end result of a downward spiral that started in July 2019 when regulators found unlicensed grow rooms and that CannTrust provided them with false and misleading information. Within five (5) days, CannTrust’s stock dropped 48% and the company lost over $174 million in market value. Shareholders quickly filed a class-action lawsuit on July 10, 2019 alleging that the company failed to disclose to investors that it was growing cannabis without regulatory approval and that it did not comply with regulatory requirements.
   The Week In Cannabis: Stocks Back In The Red, CannTrust Enters Creditor Protection, Good News For MedMen, GW Pharma  2020/04/05 17:25:58 Benzinga Feeds
After two strong weeks, marijuana stocks went negative again, with all major ETFs posting significant losses. Over the last five trading days: The ETFMG Alternative Harvest ETF (NYSE: MJ ) lost 13.85%. The AdvisorShares Pure Cannabis ETF (NYSE: YOLO ) tumbled 11.58%. The Cannabis ETF (NYSE: THCX ) took a 16.49% dive. The Amplify Seymour Cannabis ETF (NYSE: CNBS ) shed 10.99% of its value.The SPDR S&P 500 ETF Trust (NYSE: SPY ) closed the period down 2.05%. The big news item of the week, beyond the COVID-19 pandemic, was CannTrust Holdings Inc. (NYSE: CTST ) (TSE: TRST) entering creditor protection under the CCAA and its stock being delisted from the the Toronto and New York Stock exchanges. The news was "a foregone conclusion," said Matt Markiewicz, managing director of Innovation Shares, which is behind the Cannabis ETF. "It is a stark reminder of how this industry and its actors are beholden to higher standards than most consumer product categories," he said. "There should be no gray area when compliance is involved and CannTrust, along with its investors, have now paid a heavy price for violating Health Canada's rules." Check out our cannabis, hemp and psychedelics news, now in Spanish on El Planteo .
   CannTrust To Be Delisted From NYSE And TSE  2020/03/31 20:45:04 Benzinga Feeds
Canadian cannabis company CannTrust Holdings Inc. (NYSE: CTST ) (TSE:TRST) has acceded to creditor protection under CCAA. Trading of CannTrust has been stopped on the Toronto Stock Exchange and in New York. The company is expected to be delisted from both exchanges as a result of filing the for creditor protection. CannTrust stated that this decision was taken in order to preserve the companies best interest. "While today's news was a foregone conclusion, in my view, … Full story available on Benzinga.com
   Cannabis company CannTrust enters creditor protection, stock halted  2020/03/31 17:23:00 MarketWatch
Marijuana producer CannTrust Holdings Inc. said Tuesday that it had obtained an initial order from a Canadian court to protect it under a law there that…
   Cannabis company CannTrust Holdings obtains CCAA protection from creditors  2020/03/31 16:25:58 CTV News
CannTrust Holdings Inc. says it has obtained protection from creditors under the Companies' Creditors Arrangement Act as it works resolve issues related the suspension of its licenses to produce and sell cannabis.

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