• Small Business Accountant Toronto Delivers Excellent Corporate Accounting Services - Small Business Accountant Toronto operates in a highly inclusive environment welcoming professionals and individuals from all walks of life. This trusted and experienced accountant provides high quality services with results that are satisfaction guaranteed. Small Business Accountant Toronto also acts as a reliable cross border tax accountant Toronto so individuals can be confident that they are dealing with an accountant that can professionally handle their taxes. Small Business Accountant Toronto can make accounting easier with simple yet effective solutions that will surely work for small businesses. Moreover, cross border tax accountant Toronto has the expertise, knowledge, and skills when it comes to handling cross border tax issues regardless of which part of the border you work or live in. Running a business, even if it is a small one, is certainly a big responsibility. Small business owners face a lot of issues and challenges, including taxes. Small Business Accountant Toronto is committed to helping local clients manage their taxes and finances as well. This professional accountant in Toronto helps in tax planning and assists businesses to grow with effective tax strategies that allow them to save money, whether they are transitioning, expanding, or selling their business. In Canada, most businesses are required to handle, collect, and remit GST/HST to the Canadian government. Small Business Accountant Toronto can attend to your concerns and answer your questions about this and will set clients to collect and file GST/HST returns on time. Individuals who need succession planning, including long-term plans commonly involved in selling a business, liquidating, closing, and more as well as for CRA/IRS audit assistance can be assisted by our professional team. When business is being audited, Small Business Accountant Toronto will make sure that everything is in order. This accountant is committed to providing professional tax and accounting services delivered with the friendly and personal service that clients deserve. Whether you are the US or Canadian citizen across the border for work or for owning your own property, individuals need an accountant with a special skill set to make sure that all the financial records are completely compliant with the tax laws in every country. The account has extensive experience and in-depth knowledge in handling cross border tax problems. US citizens living in Canada, as well as those dual citizens, need to file annual tax returns showing their income worldwide even if they do not set foot or live in the US. A cross border tax accountant Toronto will help file income return together with your Canadian returns and ensure that each tax-efficient strategy is utilized at clients’ advantage. (Added: Tue Jun 25 2019 Hits: 56 Rating: 0.00 Votes: 0) Rate It

• Constellation Brands and Nike announce Quarterly earnings this week - This week in the markets, we could see potential volatility surrounding a few big name stocks that are set to announce their quarterly earnings results. This coming week we have Nike and Constellation Brands set to make their reports, which could spell good or bad news for shareholders. Let’s take a look at what is happening with these two giants. Firstly we have Nike, who has seen a problematic recent quarter with a less than expected sales growth rebound, so naturally investors in the sportswear giant will be mainly focusing on that metric on Thursday. As with the majority of US companies, revenue gains slowed in the markets in the third financial quarter after showing huge acceleration in the previous two. Sales revenue in Nike were reported up a respectable 7% from the previous quarter which is more than double the growth rate of their number one competitor Under Armour. When Thursday rolls around, investors will be closely monitoring Nike, in the hopes to see signs that the company has a good balance of supply and demand in the US, and also will be hoping to see that their newest lines of products are going down well with exercise fans. It’s not only investors who will be keeping a close eye on Nike, as Wall Street will be watching closely to learn if Mark Parker the CEO of Nike is still expecting robust sales growth in the coming financial year despite the huge rise in input costs. Next to declare earnings on Friday we have Alcohol giant Constellation Brands, a household name that have created popular beer brands such as Corona and Modelo. Investors into the alcohol giant have a lot of information to look forward to in Fridays report. In the previous quarterly announcement by Constellation, the company informed of many big changes within the company, including the divestment of a portfolio of lower-margin wine and spirits franchises. That sector has been causing restraints for the company, more so than their very successful beer division over the last couple of years. What investors will be looking at in particular is the data surrounding the wine business as with the removal they may have a clearer picture of the broader business. Other sectors of the business are also under watch as investors are hoping for updates on the national rollout of the company’s new Corona Premier Brand, which is the largest addition to the Corona franchise in the last two decades. Additionally the most anticipated part of their report will be Constellation’s updates on their new venture into the cannabis space, and what the company’s huge investment into Canadian cannabis company Canopy Growth will mean for them. Constellation brands has a lot of room to expand into the cannabis market, depending on how quickly the company can take advantage of the booming emerging market place. Charles Withers – Walter International (Added: Tue Jun 25 2019 Hits: 59 Rating: 0.00 Votes: 0) Rate It

• Eldorado Resorts acquires Caesars for $18 billion cash and stock - US based casino operator Eldorado Resorts Inc. have recently announced that they have come to an agreement with Caesars Entertainment Corp to merge in an $18 billion cash and stock deal. The merger values Caesars at $18 billion including the company’s outstanding debts, it was reported on Sunday. The agreement between the two companies comes just three months after it was reported that Caesars had agreed to give Eldorado access to their financial records after Caesar was put under pressure by billionaire investor Carl Icahn, who at the start of the year was awarded with seats on the board of the company. The deal which is set to be officially announced this week puts a value on Caesar shares at $13. When the deal is finalized, the combined company’s ownership will be split between shareholders of both companies. The source who is close to the deal, has asked to remain anonymous due to the confidential nature of the matter. A spokesperson for Eldorado has said that the company will not comment on current rumors or speculation regarding the merger and a representative for Caesars was unavailable for comment at this time. A combination of these two already large companies, would create a much needed competitor to larger players in the casino industry, including Wynn Resorts, and MGM resorts international. In Friday’s trading we saw Caesars shares close at $9.99 which is good news for the company who are bouncing back from their bankruptcy filings in 2017. Caesars is a well-known player in the casino sector, with over 50 properties in 14 of the US States, and five countries around the world. Eldorado themselves are a smaller player, valued at $4 billion, although having long term debt reported at the end of March in the region of $3.1 billion. The company own and operate 26 properties in 12 US states. The combination of these two would make a force to be reckoned with, not just in the US but with Eldorado Resorts having access to a global market as well. Simon Xi Long – IEC International (Added: Tue Jun 25 2019 Hits: 51 Rating: 0.00 Votes: 0) Rate It

• Bulls pushing Gold Gains into another week - The digital age is upon us in a big way, and the current pressure is on modern day companies to update their services to match the needs of 21st century customers. Despite a saturated market there are plenty of new and up and coming companies entering the space. However when it comes to software the digital content creation giant Adobe have proved yet again that they are the best in the sector with another quarterly performance that exceeded analysts and Wall Street’s Expectations. Adobe saw their second-quarter revenue rise over 25%, which added further to the same rate put up during the first financial quarter of 2019 and exceeding management’s guidance. The companies full year revenue expectations have been left unchanged at $11.15 Billion USD which is an annual increase of 23%. Adobe didn’t stop there, to sweeten investors even more, they announced that their third quarter revenue forecast was set to be up a further 22%. The great news about Adobe is more often than not the company does under promise and over deliver on results, so investors in the company were overly happy to focus on the first half of the year’s results. Adobe did see one decline, and that was in their gross profit margins, however this was to be expected as the company are adding more updated services aimed at the current need for digital commerce. Adobe has big plans in the sector after making acquisitions of Magento and Marketo last year, and although Adobe saw declines, the data still showed that they only saw an 85% gross profit margin after these huge moves. This is still a long way above some of Adobe’s closest competition which saw salesforce.com at a rate of 75.5% and Shopify at 56.3%. With the current global digital change happening, there is still a huge opportunity for growth for companies that can keep up with demand. Adobe are one of those companies that are moving and constantly building traction, the company are expanding as the need for products do. Adobe saw an expenses increase in the first half of 2019 up 33% which was mainly led by their huge push into the sales and marketing sector. The higher expenses that the company have were the primary reason the companies adjusted earnings were only up 10% this year, which is trailing the top line growth rate. Any way you look at it, Adobe is not a cheap company, however being the leader in an evolving sector, and successfully keeping up to date with the needs of consumers the price reflects that of a company that are set to expand and grow in both the short, and long term. We can expect to see a 20% revenue expansion in the near future and combine that factor with one of the best profit margins in the software space will show investors that stick around a huge pay off down the road. James Lee – Walter International (Added: Tue Jun 25 2019 Hits: 65 Rating: 0.00 Votes: 0) Rate It

• The Week inthe Cannabis Sector - Last week was a monumental week for cannabis companies, and one of the most significant in recent history for the product. The US House of Representatives voted in favor of amending laws and regulations that would effectively prohibit the federal Government and the agencies that are under its umbrella from interfering with legal cannabis programs, individuals and companies who are compliant with state to state regulations. In addition the House passed more amendments that would see $5 million USD of DEA funding and re allocate it to opioid recovery programs, and would instruct the FDA to regulate Cannabidiol (CBD) products the same way as they regulate conventional foods and diet supplements. Executive Director of the cannabis policy project Steven Hawkins has said in a recent interview that this is “the most significant step Congress has ever taken toward ending federal marijuana prohibition.” With Morgan Fox, who is the media relations director at NCIA (National Cannabis Industry Association) explaining that lawmakers are finally beginning to see that the legal cannabis sector is here to stay, and has a great potential to become a significant avenue for small businesses and entrepreneurial projects. Fox commented saying “Congress needs to consider ways in which the government can help support these businesses and foster opportunities in the market, particularly for people and communities that have been most impacted by the war on drugs.” In an equally significant step, although smaller in size, lawmakers in New York have also been doing their best to relax the strict laws that have been placed on cannabis, by decriminalizing the possession of smaller amounts of cannabis and cannabis related products. Consumers of cannabis can now legally carry up to two ounces (57 grams) of flower, this comes as the state has failed to reach a consensus on recreational use just yet. CEO of MGO|ELLO Alliance a cannabis financing and banking firm, Evan Eneman has said that New York’s failure to agree on terms of a full legalization bull is a huge loss to tax payers, decriminalization is certainly a huge step forward for cannabis companies and consumers. Eneman said in a recent interview that “The cannabis industry isn’t waiting for regulators to catch up,” and this statement can be seen through the first half of 2019 alone with over $1.3 billion USD of investments into the cannabis sector. It would seem that more and more investors are pushing cannabis companies in a big way, and the roadblocks of legalization are relatively small in the grand scheme of things. It would seem that globally things are moving forward with the cannabis industry, with Columbia’s Constitutional court overturning a ban on cannabis consumption which will pave the way for full legalization this coming year. Henry Smith – AMT Associates (Added: Tue Jun 25 2019 Hits: 61 Rating: 0.00 Votes: 0) Rate It

• The Potential Catalysts would make Aurora Cannabis Skyrocket - Aurora cannabis the Canadian pot stock saw huge popularity and growth in the first quarter of 2019, more than doubling its share price by the middle of March, however since then Aurora has given back almost half of its huge gains. However it would be unwise to think that Aurora has given it’s all just yet, with the company continuing to increase their momentum in the legal recreational cannabis market in Canada, and also the international Medical market. It is more than possible for Aurora to surpass its high of March if the right steps are put in place. Below are the catalysts for the company to skyrocket we are waiting for. So far in the cannabis sector, we have seen many big brand names partake in partnerships with cannabis companies, from Constellation Brands investment into Canopy Growth, to Altria’s huge investment in Cronos Group, however it would seem that Aurora has been overlooked, however that could be about to change. In March Aurora brought on board Nelson Peltz, the billionaire investor to assist the company in finding partnerships, and Peltz has the history and the connections to make that possible for them. The one thing that could potentially hold back Aurora from such an investment is that the company are not looking to receive big equity investments like Canopy or Cronos, but if the company changed their stance, and found a large investor looking to make a big investment, then that could very well propel the share price to new highs, in a very short period of time. The good news is that even a partnership without a sizeable equity investment, by a high profile company outside the cannabis industry could be the fuel the company needs. Another potential scenario which could cause huge growth in not only Aurora but many other cannabis companies, is changes in the federal laws and regulations surrounding cannabis in the US. Hemp, which is a strain of cannabis plant, is legal in the United States however the more useful and sought after cannabis plants are not. And as long as the laws and regulations stay this way, Aurora will not be able to utilize the US cannabis market without forfeiting its listing on the NYSE. However what seems to be happening slowly is that those laws are starting to change, and if significant progress is made towards changing the laws surrounding cannabis in the US, the majority of cannabis stocks would get a monumental boost. Aurora is known as one of Canada’s highest producers of cannabis by weight, and a relaxation of cannabis laws would open the floodgates for the company to start importing their high grade cannabis products into the US. The good news for Aurora and other cannabis companies in Canada and the US, is that there is currently a higher level of support for the federal legalization of cannabis than ever before, and we believe that it is only a matter of time before officials and law makers pass a bill to make legalization happen. Edward Yang – IEC International (Added: Mon Jun 24 2019 Hits: 58 Rating: 0.00 Votes: 0) Rate It

• MBAF's Alexander Binelo Elected to Greater Miami Chamber of Commerce Board of Directors - MIAMI (June 19, 2019) – Nationally recognized public accounting and advisory firm, MBAF, is proud to announce that Alexander E. Binelo, CPA, principal and leader of the firm’s Healthcare Audit practice, has been elected to the Greater Miami Chamber of Commerce (GMCC) Board of Directors. Binelo was officially installed to the board during the General Session of the GMCC Impact Goals Conference on June 13 at the Hilton Downtown Miami. As a board member, Binelo will drive the Chamber’s mission to be “The Voice of Business in South Florida.” The leadership of the Greater Miami Chamber of Commerce is comprised of a distinguished group of member volunteers representing businesses of all sizes from a myriad of industries. “Alex has already achieved so much at MBAF and we are thrilled to see him excelling in the community,” said Tony Argiz, MBAF’s chairman and CEO. “His vast experience and passion will give him the tools to help the Chamber accomplish its strategic goals and guide members as they grow and improve their businesses in the greater Miami area.” As MBAF’s Healthcare Audit practice leader (one of the firm’s top five focus areas), Binelo has many years of experience auditing healthcare organizations under Generally Accepted Accounting Principles as well as under accounting practices prescribed by State Offices of Insurance Regulation. His healthcare audit work experience includes various Health Maintenance Organizations, hospitals, and durable medical equipment companies, amongst others. Binelo also has extensive work experience in the audits of various retail, wholesale/distribution and sports and entertainment organizations. In addition to this role, Alex is instrumental in ensuring each audit engagement undertaken by the firm is properly staffed, resulting in happy clients and coworkers as they are properly supported in their work. His professional affiliations include the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants. His civic involvement includes memberships in numerous organizations. Binelo received his master’s degree in taxation at Florida International University. About MBAF Now in its 50th year of operation, MBAF is ranked nationally as a Top 40 accounting and advisory firm by Accounting Today and has been named one of the Best of the Best firms in the country by INSIDE Public Accounting for the past 17 years consecutively, being chosen for demonstrating long-term consistency and exceptional performance, regardless of outside factors. Named a 2019, 2018, and 2017 South Florida Business Journal Best Places to Work finalist and a 2018 and 2017 Accounting Today Best Accounting Firm to Work For, MBAF is committed to creating an engaging and supportive workplace for its more than 600 highly qualified principals and employees. The MBAF team serves domestic and international clients across a broad range of industries and practices in more than 55 countries and all 50 states. Its offices are located in New York, Valhalla (Westchester, NY), Miami, Coral Gables, Naples, Las Vegas, Baltimore, Boca Raton, Boulder, Fort Lauderdale, Palm Beach, Orlando, and India. MBAF - Accountants and Advisors 1450 Brickell Avenue, 18th Floor, Miami, FL 33131 Tel: 305-373-5500 Fax: 305-373-0056 URL: https://www.mbafcpa.com/ Email: mbaf@mbafcpa.com (Added: Mon Jun 24 2019 Hits: 65 Rating: 0.00 Votes: 0) Rate It

• Asian stock markets up after reports Xi headed to G-20 - Asian markets have seen a much needed respite in early trading on Monday, with a somewhat cautious bullish approach emerging after a recent relief from the US China trade talks. A recent report has confirmed that China’s President Xi Jinping will be attending the G-20 summit in Japan this week, where he is expected to talk on the side with US president Donald Trump to ease rising trade tensions. US Vice president Mike Pence on Friday announced that they had caked off planned talks with China, which we assume was to clear the way for a more personal face to face talk between the countries leaders. With the news that President Jinping will be talking to Trump at G-20 the Hang Seng Index saw an advance of 0.4% while the shanghai composite rose a firm 0.3% and the smaller cap Shenzhen Comp rose just under 0.1%. Although the gains are somewhat small, it has been a much needed boost after recent times, the US Dollar saw a rise of 0.12% against the Japanese Yen late in trading on Friday. This coming after the Dollar/Yen made declines as low as 107.045 on Friday, the lowest recorded levels since a huge crash for the currency on January 3rd. Weekly gains for US stocks, saw that major averages finished lower on Friday amid growing tensions between Iran and the US, however the DOW is currently looking at having its best June in the last eighty years, this being further boosted by the Federal Reserve’s recent announcement, which as a whole has reduced the risks on all markets. All three benchmark indexes saw gains for the third consecutive week, with the S&P500 coming in with a 2.2% rise, followed by the Dow who climbed a respectable 2.4% and the NASDAQ leading the charge with gains of 3%. If the markets continue on the same path, and can hold its position on their month to date gains this coming week, the Dow is set to have its strongest performance for June since 1938, and at the same time the S&P could have its best June since 1955. The NASDAQ is set for a record breaking month also, with the potential to see its biggest June jump since the year 2000. Also while the markets rise, Crude oil is standing strong, which has held its near three week highs that were hit just last week. Brendan Gower – AMT Associates (Added: Mon Jun 24 2019 Hits: 63 Rating: 0.00 Votes: 0) Rate It

• Goldman Sachs set to make waves in the banking industry - Goldman Sachs are planning on disrupting the banking industry in a big way with their startup consumer banking project Marcus. The well-known investment banking and financial services provider’s goal is to completely transform the consumption and distribution experience of the financial services space. Harit Talwar the head of global consumer business at Goldman said in a recent interview "Think about it — a mom wants to buy diapers. The diapers she buys at Walgreens or the diapers she buys at Amazon are the same diapers, but, with Amazon she's convinced of value, it is easy, it is simple, it's transparent, it's personal, it's repeatable, and she does it from her family room,” he continued to say. “There is no reason why you need to walk to a branch to do banking.” Goldman’s banking startup initially debuted three years ago, as the new arm to their online consumer and lending services. The name Marcus was chosen for the new sector and chosen as a mark of respect for the banks founder Marcus Goldman. Marcus’ head of product Adam Dell has explained that the aim of project Marcus is to educate and ensure understanding to their customer base that they are paying their current banking provider $150 - $200 in fees each year, and in the same time frame are receiving little to no interest on their savings. The benefits of a Marcus account at face value are glaringly obvious, with the Goldman arm offering a 2.25% annual percentage yield, with no banking fees. Additionally customers can open a Marcus account for as little as $1 and gain access to a plethora of fixed rate, zero fee loans of up to $40,000. Marcus has been a big hit with consumers in the US, as currently they are managing over 4 million customers, and have processed over $4.7 billion in loans to their client base. Not only is the company creating personal accounts, they have more recently partnered with tech giant Apple and are offering their services for Apples upcoming Apple card, a low fee credit card that can be used for both physical and digital purchases, set to launch this summer. Adam Dell said in a note to clients "We are growing at a quite rapid rate. I think that's a reflection of the value proposition of our business, you will see us move into other categories of finance whether it be investing, retirement, insurance, all of the things that make up a person's financial life are fair game," While this could certainly cause waves in the banking industry, it may take Goldman a little longer than expected to see any major changes in the way consumers deal with their finances. Brian Anderson – AMT Associates (Added: Mon Jun 24 2019 Hits: 45 Rating: 0.00 Votes: 0) Rate It

• Cannabis stocks on the rise after Canopy growth’s Megadeal - Thursdays trading session was great for cannabis companies as the majority of the cannabis sector enjoyed a steady climb. Investors in Canopy Growth are more than happy after a majority shareholder approval for the companies planned mega deal with Acreage Holding Inc. The partnership between the two companies is valued at $3.4 billion and is expected to be the beginning of many more large scale deals in the future. Canopy Growth saw their share price bounce up and down through the session as analysts who monitor the sector weighed in on the positives and negatives of the mega deal, which would give Canopy growth who is already the largest Canadian cannabis company a huge platform on what is set to become the main stage for the cannabis market in the world. In the United States the sales of both medical and recreational cannabis are expected to see a huge growth upwards of $20 billion annually over the next 3-5 years. Currently the cannabis sector based on 2018 sales figures is valued at $1.9 billion. Canopy growth in what could be the deal of the year in the cannabis sector have acquired the rights to buy out Acreage Holding’s as soon as the federal law in the US has been relaxed enough to allow it. Both companies are currently in an acquisition interim period which means that Acreage will continue to operate independently, however they will gain access to Canopy’s IP product formulation, patents and branding. Andrew Carter analyst for Stifel wrote in a note to investors on Thursday “This arrangement supplements and amplifies Canopy’s ability to attack the U.S., the largest global cannabis market ($100 billion opportunity by our estimate) providing a significant competitive advantage for Canopy in relation to its Canadian peers.” As it stands Canopy is looking very strong in the sector with a balance sheet that is more than in the green, after receiving a $4 billion investment from Constellation Brands, not only that but the share price reflects the moves the company are making, seeing a 59% gain in 2019 to date, which has outperformed many of the major indexes. Carter further explained in their note “We believe a change in federal law in the U.S. is at best a 2021 possibility and until that time the environment favors U.S. Multi-State Operators (MSO) like Acreage Holdings that are building their position in the highly fragmented U.S. market without facing competition from well capitalized and deeply entrenched global consumer companies,” Stifel currently rates Canopy a Buy with a $64 Cad price target, a target that is 12% above its current trading level. Christopher Stewart – AMT Associates (Added: Mon Jun 24 2019 Hits: 56 Rating: 0.00 Votes: 0) Rate It

• Discount retailer ‘Grocery Outlet’shares on the way up in public debut - West Coast based discount retailer Grocery Outlet are extremely happy with their companies first day of trading after going public on Thursday the same day as messaging service Slack. CEO Eric Lindberg said in a recent interview “We think there’s a lot of room to grow beyond just our footprint,” as shares of the company opened on Thursday at $31 USD per share. The day of trading went well for the company although they did see a small drop off down to $28.51, the company are more than happy with the 29.59% rise from their IPO price of $22 USD per share. Grocery Outlet describes themselves as a “high-growth, extreme value retailer of quality, name-brand consumables and fresh products”, this taken from documents filed with the SEC. The California based Grocery outlet has been constantly expanding since its founding in 1946, where the company operated out of one store, today the company has stores in over 323 locations, with the majority of stores on the West Coast and in Pennsylvania. The company are well known for selling brand name products at discount prices varying from 40% -70% below retail price. CEO Lindberg says their business model is very different from competitors like Aldi as their stores are run by independent operators. Each independent operator is responsible for the operations of their store, ordering, inventory, marketing, hiring, and merchandising. “We have an independent operator that in each one of the stores, is part of the community, delivering customer service.” Lindberg said. Each of their current stores is run by an operator who has bought into the Grocery Outlets organization, which enables the operators to use its size to buy at a scale that a large majority simply cannot leverage, and competition cannot replicate. The company revealed that for the last 15 years they have seen consecutive comparable sales growth in stores, and since the year of 2014 they saw an annual growth rate of 4.2%. Looking at last year’s revenue for the company they exceeded over $2.2 Billion and net income was in the region of $16 Billion. The company has plans to continue its expansion with their East Coast outpost in Pennsylvania being a prime place to launch that growth. However CEO Lindberg has said that there are currently no plans to direct the company to become an online discount chain. Lindberg said “Fundamentally we don’t believe our customers, who are value seekers, are going to trade the value that they get inside the store for the cost of delivery and that’s a really hard place to make a lot of money,” Recently Lindberg has said the company plans to open 32 new stores this year and are looking at reaching a 10% annual growth in locations, with the long term plan for the company opening 4,800 nationwide locations, although Lindberg has not given a time frame for that. David Xiang – IEC International (Added: Sat Jun 22 2019 Hits: 61 Rating: 0.00 Votes: 0) Rate It

• Gold rises almost 4% after Federal Reserve’s decision - Gold prices have recently surged up to their highest settled price since 2013 on Thursday after the US Federal Reserve announced plans to leave key interest rates unchanged, however also changed their patient stance on monetary policy. Investors saw this as the right time and opportunity to leap into the precious metal and the price has reflected that. Director of research at BuillionVault has said in a recent note “Central banks everywhere are preparing to cut rates and re-start, opening up a new front in the global trade war, in this race to debase, gold stands out as the only currency which policymakers cannot inflate and devalue.” On Thursday we saw August Gold surge well over 3.5% to settle at $1,396.90 per ounce, which based on the most active contracts, is the highest finish for the precious metal since September 2013, and additionally the largest one day percentage and dollar gains since June 2016. Not only did gold see a major rally on Thursday July silver also saw a positive incline of 53.4 cents equating to 3.6% and settled at $15.492 an ounce, the highest level since March. Gold began its climb in electronic trading on Wednesday after the Fed policy was announced, while the Fed did stand strong and held there benchmark interest rates at a moderate 2.25%, officials have said that over the course of the last two months many uncertainties have increased the outlook, gesturing towards the trade war between the US and China. Many of the Fed officials seem to be divided in opinion when it comes to the central bank cutting interest rates this year, however the message to the market and investors was a clear one, monetary policy easing is more than likely. In economic situations like this, where we have a low interest rate climate, many investors tend to buy precious metals like gold and silver. The current yield for the US 10 year Treasury note has seen a tumble with a drop below 2%, a level that has not been seen since early 2016. A move in a situation like this can make government debt off-putting to buyers who are looking at haven assets compared against bullion, and on a global scale more than $12 trillion government debt now attracts negative yields. Over the course of the last week to day Gold has gained over 2%, as investors have bought the metal, based on the uncertainty of the import tariff dispute between the US and China, and fears that the global economy as a whole is weakening. Harriet Greene – IEC International (Added: Fri Jun 21 2019 Hits: 47 Rating: 0.00 Votes: 0) Rate It

• Two Cannabis Stocks with High Dividend Yields - With an emerging industry it is not uncommon to see many companies not offering dividends for their investors, the same could be said for the cannabis industry, as a large portion of cannabis cultivators and retailers are not showing enough profit yet to actively offer dividends.. However there is always an exception to a rule, and in the case of the cannabis sector we have two stocks that are paying out dividends to their investors with an exceptionally high yield, and that is Altria Group, and Molson Coors Brewing. Now many people that aren’t up to date with the news would say these are not cannabis companies, however thanks to some huge deals and partnerships the companies have made they are in the cannabis industry now. Firstly we have Altria, a well-known name globally, famous for their tobacco products including Marlboro cigarettes and their Skoal smokeless tobacco. The company receives extremely high revenue from these products and other similar products that the company produce enables Altria to pay out a dividend to their investors yielding 6.25%. Now Altria made their move into the cannabis industry in December of 2018 with the announcement that they would be investing $1.8 Billion dollars into Canadian cannabis cultivator Cronos Group. The deal between the two companies gave Altria a 45% stake in Cronos, with the option to execute further warrants and gain majority control over the company. Along with the financial side of things, Altria also gained the rights to choose four of the seven Cronos board of directors, which with Altria’s global dominance could be exceptional for the company. Altria, alongside the majority of other tobacco producers are seeing a rather steep decline in sales, with tobacco revenue falling 6% year over year in the first quarter of 2019. With the huge investment into Cronos Group, Altria now has an alternative revenue line with a whole new expansion plan into products that are not tobacco, and the company have said in recent months, they are more than eager to move into other sectors. As it stands Altria’s exceptional Dividend payments look to be relatively safe, with the company pumping almost two thirds of its free cash flow to keep feeding the dividend program, which leaves plenty of room for the company to keep their dividends flowing to investors. Next we have Molson Coors, arguably one of the greatest beer makers in the world, producing household names like Miller Lite and Coors which are leading the company’s revenue generation. Currently the company is offering dividends in the region of 2.98% a far cry from Altria however still exceptional for a cannabis company. The company have recently teamed up with HEXO (Hydropothecary) to create a joint venture into the creation and distribution of alcohol free cannabis infused beverages for the Canadian market, a market which is set to open for business exactly 1 year after the legalization of recreational cannabis on the 17th of October 2019. Mark Hunter CEO of Molson Coors said in their recent first quarter conference call that he expects cannabis to be a big part of the revenue stream beginning in 2020. However it’s too early to be able to tell how cannabis will affect the company’s revenue just yet. Regardless of how the companies cannabis infused beverages turn out, the company have always kept a steady dividend and we can’t see that changing any time soon, the current dividend payout ratio is less than 36% which leaves plenty of financial flexibility for the dividend payments down the line Nathan Brown – Walter International (Added: Fri Jun 21 2019 Hits: 59 Rating: 0.00 Votes: 0) Rate It

• Slack opens at $38.50 per share on the NYSE - Workplace messaging company Slack saw shares open at $38.50 in their direct offering on Thursday on the New York Stock Exchange. Good news for the company at the closing bell they were still up and ended trading at $38.62 per share. This great start for the company comes after the NYSE set a price reference for shares in the company at $26.00. The reference price that the NYSE issued was not an offering price from investors, instead the reference was there to set a starting point for broker traders to initiate buy-sell orders after Thursday’s opening bell. Slack’s initial opening on the NYSE was their first public listing, however unlike an IPO the company opted for a direct listing, and did not issue new equity, this meant that employees and other private investors in the company had the stock that they own transferred into publically tradeable shares. This also meant that Slack did not raise any fresh capital ahead of the listing. Directly listing a company has many benefits, however is an unusual way to go public, it is a much more cost efficient way for the company and less dilutive to those who are already holding shares. Most recently we have seen the direct listing approach taken by Spotify in 2018. Slack saw its opening share price dictating its market cap of $19.4 Billion USD, this based on both their class A and class B shares outstanding, which were listed in an SEC filing on Wednesday. Just last year the company was valued privately at a respectable $7.1 Billion and since their founding in 2009 have raised over $1 Billion USD in private equity funding. This year has seen quite the growth for Slack already with shares being privately traded between $21.00 and $31.50 between February and March. About Slack: Slack is a cloud based internet messaging software that targets office workers and companies that use communication. The software allows users to create channels, share files, and chat with other members of their team around the world. The company have said they are planning on becoming the replacement for email messaging. With over 10 million active users daily around the world in 2018 the US Based company boasts that over 50% of their users are active outside of the US. The company offers both a free version of their software which a majority of the 600,000 organizations are using, however the company generates revenue through the relatively small pool of larger organizations that pay high annual fees for the use and licensing of their software. Alan pierce – AMT Associates (Added: Fri Jun 21 2019 Hits: 54 Rating: 0.00 Votes: 0) Rate It

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• 247 Medical Billing Services Signs new Contracts with Mental Health Practices in Georgia - Mental health coding and billing complexities have become a challenge for many providers across the US. At 247MBS, we understand these challenges and with the help of our industry knowledge and experience, we strive to help our clients improve their RCM. Recently, 247MBS signed new contracts with several mental health practices in Georgia, offering customized RCM solutions to help them maintain the financial health of their practice. Mental healthcare patient volume in Georgia is on the rise and many providers are looking for professional support for non-core activities such as coding, billing and services related to RCM. “We have extended our established network of billers and coders along with our hands-on experience in mental health billing to our clients, in an attempt to help them focus on quality care rather than worry about payments.”- said Andrew Simons, marketing manager 247MBS. Mental health is a busy specialty that involves various complex billing and coding services. Also, when compared to other specialties, the denial rate of mental health claims is higher which calls for expert coding and billing in order to get maximum reimbursement. Considering the regulatory changes and compliance challenges, it seems imperative for mental health experts to hire professionals for the reimbursement procedure. The idea is to get ample time to focus on provision of meaningful and optimum care. “Mental health experts don’t just have to deal with revenue issues. They also have to ensure compliance to regulations such as HIPAA 5010, PQRI, ICD-10, HIE (Health Information Exchange) and CPOE (Computerized Physician Order Entry). They even have to deal with the latest EMR updates which makes it hard for them to focus on quality patient care”- added Andrew. 247MBS enjoys a strong track record of offering top-notch mental health billing services across the US. We have a large network of AAPC-certified coders and billers who are well-trained in providing streamlined support to mental health care providers. We also have experience in processing of claims with leading private insurance companies along with government sponsored Medicaid and Medicare. “At our mental health practice, revenue leak was one of the main concerns. Considering the solid reputation of 247MBS, we planned on partnering with them because we needed quick assistance in getting our revenue cycle back on track” - said one of the clients at 247MBS. About 247MBS As one of the leading billing and coding service providers in the US, 247MBS takes pride in its team of RCM experts. With tailor-made solutions to suit our client’s needs, we have been catering to mental health providers in all 50 states. Our team of coders and billers are well-versed with the latest billing software and IT applications. They are updated with the changes in billing, coding and healthcare reforms. With our customized RCM solutions, we not only submit timely and error-free claims to get you paid on time but also reduce denials and A/R days. Contact: 247 Medical Billing Services Tel: +1 888-502-0537 Email: info@247medicalbillingservices.com (Added: Thu Jun 20 2019 Hits: 92 Rating: 0.00 Votes: 0) Rate It

• Good news for GE, with Bears seeing more positives - General Electric (GE) is currently having a very good week with investors seeing many positives, however even with a good week that does not mean that all is well at one of Wall Street’s largest industrial show stories. Recent comments from a GE spokesperson has explained that the companies aviation division has amassed bookings of over $50 Billion USD in orders for their engines over the course of two days at the Paris Air show this week. Included in the orders are two large engine deals, one with Indigo Airlines for $20 Billion, and one with Air Asia for $23 Billion. GE said that at the 2017 Paris Air show they only got $31 Billion in orders, so this year has been a great step up for the company. This great news, and improved stats are arguably a mere appetizer for investors in GE, however GE has confirmed that their Aviation Services division have landed themselves a huge deal with Amazon to lease 15 units of 737-800 Boeing cargo aircrafts, as the online retail giant are expanding and pushing further into controlling their own supply chain, which will enable them to further increase their profits. Dave Clark the Senior Vice president of operations globally at Amazon said in a recent statement to investors “These new aircrafts create additional capacity for Amazon Air, building on the investment in our Prime Free One-Day program,by 2021, Amazon Air will have a portfolio of 70 aircrafts flying in our dedicated air network.” Richard Greener Senior VP at GECAS Cargo shared in the delight of Amazons new move, he said “We’re delighted to support Amazon Air’s dedicated air network,the capability of the 737-800 freighter will further Amazon’s ability to provide reliable and regional delivery to its customers for years to come.” Shares of GE surged almost 5% on Tuesdays trading based on the fantastic news. It’s fantastic to see GE making the safe move to partner their aviation business with a growing and successful company like the giant that is Amazon. With GE’s second quarter earnings call approaching, CEO Larry Culp will be more than happy to be able to share this news with investors and potential investors. More good news for GE this week came as John Inch at Gordon hatchet has recently changed his view, saying that GE will not have a risk to insolvency from another round of rating downgrades that we saw in 2018. John Inch said “It’s highly unlikely that would happen, GE has privately said the credit ratings agencies are happy and comfortable with their liquidity plans for the next 18 months. I think that has bought them a lot of breathing room and time.” However Inch still remains bearish on GE and still has an underperform rating on it, and couples this with a $7 dollar price target. The reason behind Inch’s bearish sentiment is he does not believe that a turnaround will happen as quickly as many others do. Graham White – IEC International (Added: Wed Jun 19 2019 Hits: 59 Rating: 0.00 Votes: 0) Rate It

• Behind June's Big Marijuana Stock Winner - Many new investors, have had their portfolios taken over in a good way by cannabis companies and their partners. The fast growing and emerging market that is the cannabis industry has bought many new companies to Wall Street’s attention very quickly. With a fast growth boost in the start of 2019 many of the top players in the cannabis industry have seen a slowdown in their share price incline, however many other companies are continuously seeing rapid gains. If you look in more detail at the industry as a whole, you can see that the cannabis sector is far from dead. In fact there is one company that has taken a different route toward cannabis profits, and has seen over 40% gains so far in June this year. Innovative Industrial Properties investors have been enjoying a very steady incline and with more good news coming out for the company this is not looking like stopping. The company are currently looking at creating a business model that will be focused on real estate investment based around the cannabis industry, mainly growing facilities, and retail outlets. In the latest move by the company which has really made investors happy is another increase the cannabis company’s dividends. On the 14th of June in a note to investors the company7 announced that they would be issuing dividends of $0.60 per share for the second quarter of 2019. On the face of things it may not seem like a marginally big deal, however this move added to the hugely impressive streak of dividend increases by the company over the course of the last 9 dividend paying quarters investors have been treated to four boosts, with the most recent being a respectable 33%, following a 40% and 67% hike previously. As it stands Innovative Industrial’s investments have been extremely profitable. The company has seen a 15% yield on invested capital, with over 19 properties that it currently owns. Nearly all the profit of the company gets paid out to shareholders in the form of dividends, mainly due to the fact that the tax benefits of being a real estate investment firm, requires the company to pay out at least 90% of its earnings. Xiang Foo – AMT Associates (Added: Wed Jun 19 2019 Hits: 61 Rating: 0.00 Votes: 0) Rate It

• Five stocks are responsible for almost 25% of the markets 2019 gains. - Recent reports have shown that almost a quarter of the S&P 500’s 15% upward gains so far in the year of 2019 have come from five big names in the market. These names are Microsoft, Apple, Facebook, Amazon, and Alphabet. The report has been led by Nick Colas the co-founder and number cruncher at DataTrek Research. In details of the reports it shows that Microsoft is leading the charge with 1.3 points, Apple, Amazon, and Facebook with a respectable 0.8 points and Alphabet trailing slightly with 0.1 points, giving a total of 3.8 points of the S&P 500’s 15.3% gain in the year to day chart. Without these big names showing the growth they have the S&P would only be up by 11.5%. Nick Colas wrote in a note to DataTrek clients on Tuesday “S&P 500 returns over the next 3-5 years are inextricably linked to the performance of the Tech sector and especially those 5 names.” For a bit of perspective Microsoft and Apple are strong leaders in the technology sector, with Amazon being one of the biggest names in the Consumer Discretionary Sector. Alphabet, parent company to google and Facebook are in the newly formed Communication Services sector. Colas has also said in his report that it may take a long while until newer high profile stocks, such as Lyft and Uber, who have only recently became publically offered are able to contribute to the great index gains, Colas continued his note to say “Names like Uber, Lyft and WeWork will be unable to boost index returns until they turn profitable and become eligible for inclusion in the S&P 500.” Although all the big five are powerful in the larger picture one company out of the five has been taking on a lot more strain of the market in recent weeks. The reason how this has happened is that the S&P500 is only just 1.3% since there may intraday record highs, which was the same day that Apple shares hit a new 2019 high. However since those highs, Apple has shown a decline of almost 10% since that date. The reason the S&P has been able to move towards their record highs is the fact that Microsoft has of late been hitting multiple new highs, and has recently become a trillion dollar company based on market cap. Since the 1st of May Microsoft has seen an increase of over 6% in share price, which for a large cap company like Microsoft is a big move. Jeremy green – Walter International (Added: Wed Jun 19 2019 Hits: 61 Rating: 0.00 Votes: 0) Rate It

• Outsourcing RCM help in strengthening business intelligence - Outsourcing will also help in enhancing business intelligence. There are some practices that hesitate to outsource this component due to perceived lack of control. But if you are choosing a reliable organization, you don’t have to worry for the same. The process of medical billing and collections is becoming daunting for medical practices with various coding and regulatory changes taking place. With the billing scene changing so fast, many providers are choosing to outsource their RCM needs to a third party also because managing it profitably in-house is getting difficult with every passing day. If you are reluctant about letting a service provider handle your RCM needs, then here are some reasons that might help you make a decision: • It will help you maintain a positive patient experience which is a priority for any medical practice. Unfortunately, practices have to focus more on cutting costs and getting paid on time rather than focusing entirely on patient care. But with careful consideration and shifting the RCM burden to a third party, practices can focus on what they do best. It will not only translate into increased patient face-time but also reduce distractions for the providers, giving them more freedom to see more patients. • Outsourcing revenue cycle management will result in reduction of overhead costs. There is no doubt that in-house billing requires significant investment of time and money. From hiring, training and retaining to expenses related to technology and infrastructure, there is a lot of money that needs to be spent. But when outsourced, there is no need to worry about these expenses. Most vendors are paid a certain percentage of collections, so it becomes a worthwhile investment during a certain time period if revenue is decreasing at the practice. • If you outsource RCM requirements, you will be getting access to the expertise and experience of the service provider. You will be shifting the liability to a third party that is more knowledgeable in compliance, regulatory, coding and administrative areas. Most reliable vendors also assist providers with PQRS, MACRA or HIPAA which means, there is no need to hire experts for the same. • Outsourcing has become quite an appealing trend that is showing no signs of waning soon. Since it is hard for physicians to stay aware of what’s going on in the billing side of things, it is better to let an expert team handle the task. As providers face the challenges presented by these new payment models, they will require help from RCM vendors far beyond what’s historically been provided from these firms.” Some of the companies with current market share include: • Advisory Board, • OptumInsight and Truven Health Analytics, • MedAssets, • Aetna/ActiveHealth, • Verisk Health, • Lumeris, • Phytel, • Wellcentive, • Emdeon, • MedeAnalytics, • Availity, • Lightbeam, • Xerox. To Know More About@ http://bit.ly/2P5ZRwr About 247 Medical Billing Services: We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses. Contact: 247 Medical Billing Services Tel: +1 888-502-0537 Email: info@247medicalbillingservices.com (Added: Tue Jun 18 2019 Hits: 41 Rating: 0.00 Votes: 0) Rate It

• To Maintain the Confidentiality of Patient Data, Physicians Required Adhering to the HIPAA Rules - Improving HIPAA Compliance in 2019: It is very important for medical billing service providers to focus on policies and procedures because if your organization receives a complaint or has a breach, then the HHS and OCR will ask you to present the complete procedures and policies. If there are no procedures in place, you will have to face more investigations. So go through the policies and procedures, look for gaps, find the right solutions, get your staff trained in the policies and get everything in place to be ready for 2019. Even in 2019, practices will be required to adhere to the HIPAA rules and maintain the confidentiality of sensitive patient data. They will need a certain organizational method for implementing the comprehensive security and privacy policies to achieve compliance. HIPAA (Health Insurance Portability and Accountability Act) guidelines were introduced in 1996 to protect the health information of patients and till today, compliance to these guidelines is a must for physicians. Since HIPAA compliance can be a daunting task for most healthcare organizations, here’s a checklist that can they consider making the process easy: • The first thing that practices need to do is to understand how HIPAA policies are applicable to their organization and why is it necessary to comply. Failure in complying with the guidelines can put the patients’ health information at risk. If there are security breaches, the reputation of the practice will have a disastrous impact. It can also lead to disciplinary actions and strict fines by the CMS/OCR. • There is a lot of damage that practices can suffer if the adequate systems are not in place. In case of a breach, the practice will have to submit various disclosure documents and go through a lot of hassles. All this will add up to significant dollars. Considering these challenges, it is important for practices to learn how to implement an active process and the right technologies for preventing a HIPAA-related breach or even accidental disclosures. • It is vital for practices to put technical as well as physical safeguards in place for protection of patient data. Practices need to conduct the necessary audits and assessments as per the NIST (National Institutes of Standards and Technology) guidelines. If these audits have identified issues or deficiencies, then they need to be addressed. There needs to be a thorough remediation plan for addressing the deficiencies. • It is important for practices to see if they have all the policies and procedures in place that are relevant to the HIPAA Security Rule, HIPAA Privacy Rule and HIPAA Breach Notification Rule. These important aspects of the HIPAA compliance program need to be taken into consideration and addressed adequately. To protect the practice from heavy fines and data loss, staff at the practice should also be given basic HIPAA compliance training and there should be a designated staff as the HIPAA compliance officer present at the practice. About 247 Medical Billing Services: We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses. Contact: 247 Medical Billing Services Tel: +1 888-502-0537 Email: info@247medicalbillingservices.com (Added: Tue Jun 18 2019 Hits: 50 Rating: 0.00 Votes: 0) Rate It

• Prioritizing Patient Engagement - Want to make your practice profitable? Make sure you are focusing on patient engagement. It is not only important for improving the quality of care and service for hospitals and practices but also for ensuring better health outcomes for your patients. • As per a Deloitte survey of healthcare consumers, personalized care from providers, including sensitivity and clear communication is the number one care priority for patients. Any healthcare organization can function sustainably if its resources are well-aligned with the patients’ priorities. As a growing number of patients are asking for transparent and responsive healthcare systems, your practice cannot afford to ignore the importance of engagement. Patient engagement is not just for patients Yes, you read that right. Engagement strategies will not only help the patients but also your staff. It is recommended to offload some administrative tasks to the patients, if they are ready to accept them. For instance, if patients take on routine tasks like, self-setting appointments, it will result in lower no-show rates and better compliance with care plans. This will reduce the workload for your staff and also lead to a healthy bottom line for your practice. Remember, engaged patients are more likely to return to your practice, more likely to pay their bills and comply with their treatment plans. Tips to prioritize patient engagement What tools and resources you can use for engagement will be based on the existing level of health and goals of your patients. This means, the engagement strategies will vary according to the amount and type of healthcare the patients require. For instance, if you are dealing with high-risk patients, then you can achieve engagement primarily through care management. This will include sharing of data between the patient and/or family members and the care coordinator. Mobile-friendly communication can also help practices and hospitals in engaging their patients. • As per a survey, providers can improve engagement rates by 60% or higher by facilitating communication with patients through apps and online portals. • With increased online involvement, patient satisfaction can be boosted by 90% • Make sure you are reducing the wait time for patients too. • According to the Medical Group Management Association, long wait times can prove detrimental to the patient experience. In today’s day and age, patient engagement is all about making the patients empowered, so make sure you allow them to interact with your practice 24/7. About 247 Medical Billing Services: We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses. Contact: 247 Medical Billing Services Tel: +1 888-502-0537 Email: info@247medicalbillingservices.com (Added: Mon Jun 17 2019 Hits: 53 Rating: 0.00 Votes: 0) Rate It

• 5 Effective Ways to Enhance Patient Access - With the shift to value-based care, it has become necessary for providers to focus on patient engagement and access. They need to ensure that patients are able to easily and affordably engage in their own healthcare and achieve optimal health outcomes. Wondering how to make this happen? It is necessary to first understand the challenges patients face when seeking treatment for different health conditions and then employ the best strategies to mitigate those issues: 1. An effective method of improving patient access is to look at how the providers can make themselves available to the patients. This can be done through digital communication strategies and even appointment scheduling protocols. 2. Providers also need to keep in mind the demands of their patient population. This includes offering them treatment access in ways that are convenient for the patients. When the health industry’s landscape changes, providers can consider new service offerings to their patients such as tele-health. 3. It is very important to implement a method to monitor as well as measure patient access and workflow. As a provider, you should know how long a patient can wait before getting an appointment at your practice. Making a monthly log and recording the available appointments can help in this regard. It is also important to monitor the number of cancellations, rescheduling, no-shows and appointment denials that your practice has experienced. With this data you can make necessary adjustments to your operations. 4. It is important to schedule a staff meeting at regular intervals and implement an action plan. Once the potential solutions have been discussed, it will become easier to devise a plan. It is necessary to have someone in charge of each solution in the plan so that multiple objectives can be achieved within the same time frame. 5. Lastly, it is essential to measure as well as monitor the results to see what is working and what is not. Evaluation is vital in improving patient access. Only when each program has been evaluated, you can ensure if it has had a tangible positive effective on the health system. There are several other effective ways to improve patient access in your healthcare system. You just need to be willing to take the initiative and remain structured in your approach for the same. By improving patient access you will not only benefit the processes at your practice but also benefit your patients and physicians. About 247 Medical Billing Services: We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses. Contact: 247 Medical Billing Services Tel: +1 888-502-0537 Email: info@247medicalbillingservices.com (Added: Mon Jun 17 2019 Hits: 61 Rating: 0.00 Votes: 0) Rate It

• The Rounding Bottom - The Rounding Bottom The Rounding Bottom is a long-term reversal pattern that is best suited for weekly charts. It is also referred to as a saucer bottom, and represents a long consolidation period that turns from a bearish bias to a bullish bias. Prior Trend: In order to be a reversal pattern, there must be a prior trend to reverse. Ideally, the low of a rounding bottom will mark a new low or reaction low. In practice, there are occasions when the low is recorded many months earlier and the security trades flat before forming the pattern. When the rounding bottom does finally form, its low may not be the lowest low of the last few months. Decline: The first portion of the rounding bottom is the decline that leads to the low of the pattern. This decline can take on different forms: some are quite jagged with a number of reaction highs and lows, while others trade lower in a more linear fashion. Low: The low of the rounding bottom can resemble a “V” bottom, but should not be too sharp and should take a few weeks to form. Because prices are in a long-term decline, the possibility of a selling climax exists that could create a lower spike. Advance: The advance off of the lows forms the right half of the pattern and should take about the same amount of time as the prior decline. If the advance is too sharp, then the validity of a rounding bottom may be in question. Breakout: Bullish confirmation comes when the pattern breaks above the reaction high that marked the beginning of the decline at the start of the pattern. As with most resistance breakouts, this level can become support. However, rounding bottoms represent long-term reversal and this new support level may not be that significant. Volume: In an ideal pattern, volume levels will track the shape of the rounding bottom: high at the beginning of the decline, low at the end of the decline and rising during the advance. Volume levels are not too important on the decline, but there should be an increase in volume on the advance and preferably on the breakout. A rounding bottom could be thought of as a head and shoulders bottom without readily identifiable shoulders. The head represents the low and is fairly central to the pattern. The volume levels throughout the pattern mimic those of the head and shoulders bottom; confirmation comes with a resistance breakout. While symmetry is preferable on the rounding bottom, the left and right side do not have to be equal in time or slope. The important thing is to capture the essence of the pattern. free forex signals presents special offer open trading account with one of the best forex brokers and GET FREE forex Signals via SMS, Email and WhatsApp SIGN UP FOR A FREE TRIAL To Access FREE Forex Signals in the Members Area START FREE 30 DAYS TRIAL on https://www.freeforex-signals.com/ (Added: Sat Jun 15 2019 Hits: 82 Rating: 0.00 Votes: 0) Rate It

• Canndescent Investing $25.8M to expand their operations in Michigan, Nevada and Massachusetts - Luxury cannabis company Canndescent has announced plans to expand its current operations beyond their home state of California. With this move they have become the first Californian cannabis company to become a multi-state operator that is involved in the cannabis sector. With expansion already beginning a spokesman for the company has said that it became California’s first MSO with their investment of $25.8 Million USD to purchase licenses and operating locations in three well known cannabis markets. They have three states in mind while making the moves and they are Massachusetts, Michigan and Nevada. CEO of Canndescent Adrian Sedlin commented on the MSO title, and in fact pushed against it saying in a recent press release "We’re sort of the ‘anti-MSO’ or as I like to call it, we’re an MSBO, Multi-State Brand Operator, having nailed brand and execution first and now rolling up assets with intentionality and understanding.” The move by Canndescent to acquire new ground for business is majorly beneficial for them as it will allow the company to enter into less diluted markets. This in turn will allow them to target consumers that provide a more preferable price dynamic as well as have lower baselines for their product quality. The acquisitions will add a very generous 135,000 square feet in operating capacity for the new MSO with revenue estimations for the new builds coming in at the $75 Million USD annually mark. With the new acquisitions of licenses and operating areas, Canndescent will now have to fit all the spaces to support their cultivation and extraction facilities, which shouldn’t be a hard job for the Cannabis producer. The company has said that by the year end of 2020 they hope to be operating in eight to twelve of the currently available US markets. This is a bold move by the company, however in the grand scheme of things, cannabis is becoming more widely accepted on a global scale, and will soon become a staple in investment portfolios. Sandy Li – IEC International (Added: Fri Jun 14 2019 Hits: 62 Rating: 0.00 Votes: 0) Rate It

• Cannabis sales in Quebec: $71 million in year one - Canada’s province of Quebec has released figures on their first annual cannabis sales, and it is looking very positive. Recent reports have revealed that in their first year of operation, cannabis shops in the province made $71 Million in sales and sold the most cannabis in Canada in terms of volume and Dollar value, however despite this they still posted a $4.9 Million USD loss that will be covered by the provinces government. The provincial Cannabis corporation (SQDC) said in their most recent statement that the revenues that have been generated from the consumption and excise taxes brought in almost $22 Million CAD between June the 12th 2018 and March the 30th 2019. The first stores in the Quebec recreational network opened on October 17th 2018 the same day that Cannabis was made recreationally legal in Canada however as with many provinces in Canada, the stores had to reduce their opening hours, as Cultivators tried to keep up with the huge surge in demand for their products. By the end of the fiscal year, all cannabis locations in the province were open five out of seven days a week, and now the majority of stores offering cannabis products are open for the full seven. The SQDC said in a recent report "Despite the supply issues and its scaled-back expansion plan, the SQDC estimates, based on Statistics Canada data, that during its first months of operation, Quebec was the province with the highest sales in Canada in dollars as well as volume." The SQDC added to the figures saying that net expenses totaled $18.1 Million CAD, which also included non-recurring startup costs of almost $5 million. Without that initial starting cost holding them back, the provincial cannabis corporation would have ended the year breaking even. Now that the dust has settled since the legalization of recreational cannabis, the SQDC says it expects that this current fiscal year will become highly profitable. In terms of volume sold store sales totaled around $57.6 Million CAD, which equates to a rough estimate of 8 metric tonnes of cannabis. With the average store transaction totaling around $50 there were over 1.3 million total transactions. However online sales accounted for a large portion of the total also with almost $13.8 Million CAD in sales, equating to 1.9 tonnes of cannabis being delivered. Average sales after taxes saw that the average customer spent almost $62.00 CAD which once more foundations are put in place, may become the staple for consumers. Geoffrey Bishop – AMT Associates (Added: Fri Jun 14 2019 Hits: 67 Rating: 0.00 Votes: 0) Rate It

• MBAF’s Ana Del Cerro-Fals Named 2019 South Florida Business & Wealth Up & Comer Honoree - MIAMI (June 7, 2019) – Over the last decade, Ana del Cerro-Fals has become a dedicated community member and outstanding leader at nationally recognized public accounting firm MBAF, which is why she was recently named an Up & Comer honoree in the Accounting category by South Florida Business & Wealth magazine. Del Cerro-Fals not only serves as a principal in the Tax and Accounting Department, where she manages client-related matters, but also oversees the department’s operations at the firm’s Miami headquarters, including productivity, scheduling, and quality control procedures. “I could not name a peer that is more deserving of this recognition than Ana,” said Miguel G. Farra, chairman of tax and accounting for MBAF. “She embodies everything the Up & Comer Award stands for; she has an incredible track record and even brighter future ahead of her.” As lead of Tax and Accounting operations for the Miami offices, Del Cerro-Fals is responsible for all internal operations at the department’s flagship space; her leadership duties range from managing productivity and billable hours in coordination with MBAF’s COO, to recruiting involvement and navigating personnel matters. She has also helped implement several initiatives that are new to MBAF, including revamping tax policies and procedures across the entire department, while also helping introduce productivity solutions like project and workflow management software. Committed to her industry and community, Del Cerro-Fals is heavily involved the Florida Institute of Certified Public Accountants (FICPA) Scholarship Foundation and serves as a lead delegate and a liaison between her children’s school, Conchita Espinosa Academy, and the parent body. She is also a member of the United Way of Miami-Dade’s Young Leaders program. South Florida Business & Wealth’s honorees embody the tri-county area’s top professionals across 16 industries. Del Cerro-Fals and her peers received the prestigious recognition for achieving excellence in their careers, their commitment to the community and demonstrated leadership. The honorees will be recognized at the 2019 South Florida Business & Wealth Up & Comer Awards on June 12, 2019 at Gulfstream Park. Del Cerro-Fals graduated from the University of Miami, where she earned a Bachelor of Business Administration in Accounting and a Master of Science in Taxation. She is highly involved with her community as a member of the University of Miami and Our Lady of Lourdes Academy alumni associations, the United Way of Miami-Dade Young Leaders program, the American Institute for Certified Public Accountants (AICPA), and the Florida Institute for Certified Public Accountants (FICPA). About MBAF MBAF is ranked nationally as a Top 40 accounting and advisory firm by Accounting Today and has been named one of the Best of the Best firms in the country by INSIDE Public Accounting for the past 17 years consecutively, being chosen for demonstrating long-term consistency and exceptional performance, regardless of outside factors. Named a 2019, 2018, and 2017 South Florida Business Journal Best Places to Work finalist and a 2018 and 2017 Accounting Today Best Accounting Firm to Work For, MBAF is committed to creating an engaging and supportive workplace for its more than 600 highly qualified principals and employees. The MBAF team serves domestic and international clients across a broad range of industries and practices in more than 55 countries and all 50 states. Its offices are located in New York, Valhalla (Westchester, NY), Miami, Coral Gables, Naples, Las Vegas, Baltimore, Boca Raton, Boulder, Fort Lauderdale, Palm Beach, Orlando, and India. MBAF - Accountants and Advisors 1450 Brickell Avenue, 18th Floor, Miami, FL 33131 Tel: 305-373-5500 Fax: 305-373-0056 URL: https://www.mbafcpa.com/ Email: mbaf@mbafcpa.com (Added: Thu Jun 13 2019 Hits: 62 Rating: 0.00 Votes: 0) Rate It

• Canadian Cannabis Company claims their cannabis cigarettesare the right way to medicate. - A small scale Cannabis company based in British Colombia has announced their plans to sell “Cannabis Cigarettes” which in simple terms are pre rolled joints with a filtered tip similar to your average Marlboro cigarette. Now while pre rolled joints are not new in the cannabis industry, THC Biomed International LTD claims to be the first Canadian based producer that has fully automated the rolling of cigarettes that contain 100% cannabis product. The product itself is white with a yellow filter tip, similar to brands that regular smokers are used to seeing. The company’s president and CEO John Miller has described their new product as the right way to smoke cannabis both medically and recreationally. Miller predicts that conventional join rolling will become a thing of the past. Miller said in a recent news release that “We are pleased to be the first cannabis producer to put filters between the cannabis we are selling, and our consumers, Pre-rolled cannabis joints have become a fixture in the legal cannabis system, offering an old school smoking experience to those who don’t want to grind their own cannabis and twist up a traditional joint.” Filters on the currently available typical cannabis joints are primarily a hollow paper or card tip section. THC Biomed has said that their Pure Cannabis filtered cigarettes will come in multiple pack sizes from 3 up to 20. The company has said what they aim to do is to be able to assist in the transition of regular tobacco smokers who are looking to kick the habit, by offering them a healthier alternative. Miller said in his release “We expect regular cigarette users will find it easier to transition to our CBD product, which we think is better than smoking tobacco,” Regulatory filings have shown that THC Biomed has sold cannabis clones to licensed medical cannabis patients since early December of 2016 and have been supplying dried flower to medical patients since August 2017. Following Canada’s recreational allowance for cannabis plants and its derivatives THC Biomed was one of the lucky companies to be able to commence recreational sales the same day on the 17th October 2018. Looking at the company’s website they also offer cannabis shipping solutions, with a container made specifically for the distribution of cannabis products. Additionally to their line of Cannabis cigarettes they also have a line of cannabis beverages in development under the name THC Kiss. The company is expecting the release of their Pure Cannabis Cigarettes to be available to all consumers in the next 30-60 days. Michael Long – IEC International (Added: Thu Jun 13 2019 Hits: 62 Rating: 0.00 Votes: 0) Rate It

• New Report suggests Facebook CEO Mark Zuckerberg knew privacy issues before Cambridge scandal - In a new report emails that have been found by Facebook, may shine a very negative light on CEO mark Zuckerberg and may in fact implicate him in several of the recent privacy controversies that have had an increasingly negative impact on the company’s share price, however Facebook denies this completely. According to the recent publication, a large cache of recently revealed emails may show that Zuckerberg had extensive knowledge of privacy problems at Facebook long before the Cambridge scandal came to light which put Facebook on the defensive. Although it has not yet been reviewed by AMT associates, it has been noted that people close the probe do believe that the emails that have been seen do in fact show that Zuckerberg was more than aware of potential privacy problems which do in fact violate the 2012 settlement with regulators. Facebook are currently under operation, while following a strict consent decree with the FTC that has been put in place to safeguard the privacy of the website users. With that in mind the company itself is currently looking to make a hasty settlement with the FTC which is currently in the middle of a huge probe into the way Facebook operates, and the way they handle user’s data. The recent report suggests that the disclosures that have been made in the email leak will make that increasingly difficult for Zuckerberg to come to a quick solution. In a statement made by Facebook they have said “We have fully cooperated with the FTC's investigation to date and provided tens of thousands of documents, emails and files. We are continuing to work with them and hope to bring this matter to an appropriate resolution.” The spokesman continued to add that at no point did Zuckerberg or any other employee at Facebook violate the 2012 FTC consent order, and any talks of emails containing information saying otherwise do not exist. According to the report, one of the alleged email exchanges occurred in April of 2012, and the exchange prompted regulators to take a deeper look in to it. It appeared that Zuckerberg voiced his own concerns about an app that made claims it had created a huge database with the user information of ‘millions’ of Facebook users. The exchange went on with Zuckerberg asking if such a large collection of their user data was possible, to which it was explained that it was, and it was the practice of many app developers. At no point in the alleged email exchange did Zuckerberg suggest that the practice of data collection in this way should be probed by the company. A spokesman for Facebook issued a statement following the Cambridge scandal admitting that they have previously acted too slowly to catch major security issues. The FTC is currently seeking a multibillion dollar settlement from the social media giant, and Facebook is expecting to pay between $3 and $5 Billion USD in fines to the federal regulatory body. Anne Cheng – AMT Associates (Added: Thu Jun 13 2019 Hits: 54 Rating: 0.00 Votes: 0) Rate It

• The future of food is Beyond Meat - Whole Foods CEO Walter Robb has recently shared his positive outlook on Beyond Meat, saying that it is a direct representation of the future of food, and the industry as a whole. However Robb has not gone into details regarding the company’s extraordinary valuation just yet. Robb said in a recent note to investors “Fundamentally you have a business here that is real and that is in the early innings, Beyond Meat have sales orders for the next two or three years in the fast food industry and the grocery industry.” This is of course great news for investors, as positive order numbers, especially for a new startup company reflect especially well on the future. Walter Robb served as the co-CEO of Whole foods for 25 years until 2016. Robb is currently working as an advisor of sorts for many new up and coming companies as a new firm called Stonewall Robb. On Monday Beyond Meat broke through their $10 Billion USD market cap. Shares of the company showed a great positive increase by over 25% in Monday’s session as the company announced a new batch of ground beef products at one of their Whole Foods locations. Robb continued to say that “I got early numbers on their new products this morning from Seth and they look pretty good” referring to Beyond Meat executive chairman Seth Goldman. However not everyone has been sharing the same positive thoughts, as on Tuesday JPMorgan slashed their rating on Beyond Meat and now are sitting at neutral. This caused the company’s share price to show a significant decline by 19%. JPMorgan analyst Ken Goldman said “At some point, the extraordinary revenue and profit potential embedded in Beyond Meat… will be priced in — we think this day has arrived,” Goldman continued to say that Beyond Meats current valuation is based on assumptions, which has made him uncomfortable making at the moment. In spite of the positive and negative news surrounding Beyond Meat the company’s share price is still on a positive trend upwards with over 110% increase since its initial IPO in May. Investors have got very positive views on Beyond Meat with a great outlook for 2020, and with a deal with fast food chain McDonalds in the wing Beyond Meat could be set for a big bright future. Xing Fai – AMT Associates (Added: Wed Jun 12 2019 Hits: 48 Rating: 0.00 Votes: 0) Rate It

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