-DuPont de Nemours Inc beat estimates for second-quarter profit on Wednesday, benefiting from strong demand for materials used in aerospace, automotive and healthcare industries..
DuPont raises full-year sales forecast on steady demand streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
U.S. refiner Marathon Petroleum Corp
reported a 63% drop in second-quarter profit on Tuesday,
as improved fuel supplies and slowing economic activity
compressed its margins. The Findlay,.
Marathon Petroleum Q2 profit slumps 63% on lower refining margins oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
The deal was seen as a bet on a U.S. pot industry boom, and executives then said the combined entity had the potential to be a brand as big as Coca-Cola or Johnnie Walker, with the merger helping it dominate a market likely to hit $46 billion by 2026. "In light of the evolving landscape in the cannabis industry, we believe the decision to terminate the planned transaction is in the long-term interest of Cresco Labs and our shareholders," Cresco CEO Charles Bachtell said in a statement. Cresco and Columbia last month said they would not be able to complete the divestitures necessary to secure regulatory approvals to close the transaction.