Deutsche Bank AG is a leading global investment bank and financial services company headquartered in Germany. It offers a wide range of financial products and services including corporate and investment banking, private banking, asset management, and transaction banking. With a strong presence in major financial markets around the world, Deutsche Bank serves a diverse client base, including corporations, governments, and institutional investors. The bank is committed to innovation in its financial solutions while adhering to strict regulatory standards and sustainability practices.
Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) has completed the second and final closing of its previously announced non-brokered private placement of its common shares at $0.06 per common share. The company said on Monday that, at the second closing of the offering, it issued 19,647,776 common shares for gross proceeds of roughly $1,178,867. The second closing was in addition to the previously announced first closing in November when Decibel issued 33,503,864 common shares for gross proceeds of approximately $2,010,232.
Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) announced on Thursday its unaudited interim financial results for the third quarter ending Sept. 30, 2024. "Decibel has been very deliberate about reducing our current liabilities, by ~5mm this quarter," CEO Benjamin Sze said. "Maintaining discipline over time will result in a stronger balance sheet. This marks the last quarter where our primary focus is on Canadian domestic recreational sales. While we continue to integrate AgMedica into our portfolio, it is encouraging to see significant demand internationally for Decibel flower."
Deutsche Bank shares are trading lower on Monday. A new Bloomberg report suggests a shareholder is preparing to sell 16 million shares of the German lender.
Deutsche Bank maintains a Buy rating on Lockheed Martin, raising the price target to $620 due to strong earnings outlook and anticipated pension funding.
Deutsche Bank analyst raised price targets for GE and HWM. The analyst writes that these stocks are well-insulated against end-market challenges and are likely to achieve the largest earnings beats and drive significant upward revisions.
A new report reveals that U.S. consumers are becoming more receptive to cryptocurrency, with fewer than 1% now dismissing it as a “fad,” a significant drop from previous years.
Intel CEO Pat Gelsinger acknowledged the company’s recent struggles in a fireside chat at Deutsche Bank’s technology conference in Dana Point, California.
