Media
Lawler pays tribute to Edmonton on social media, says goodbye to Elks ahead of CFL free agency
|
|
He was the Edmonton Elks’ superstar free agent signing last year, but with one week to go until the next CFL free agency period begins, receiver Kenny Lawler announced on social media that he plans to leave Alberta’s capital.
“Thank you so much for allowing me to represent this city and this amazing organization,” the 28-year-old football player said in an Instagram post on Tuesday. He said his family was grateful for their brief time in the city.
“Everyone we crossed paths with helped make this transition easy as possible for us.”
Last off-season, the Elks signed Lawler to a one-year contract worth a reported $300,000, making him the highest paid player in the CFL who was not a quarterback.
Citing an anonymous source, The Canadian Press reported Tuesday that the receiver who hails from California has agreed to a deal in principle with the Winnipeg Blue Bombers.
CFL contracts cannot officially be agreed to until Feb. 14, when free agency officially begins. However, once the reported two-year deal is officially announced, it would mark Lawler’s return to Manitoba where he began his electrifying CFL career in 2019.
While playing for Winnipeg, Lawler helped the Bombers win Grey Cups in 2019 and 2021. In his only season with the Elks, Lawler managed to tally 58 catches for 894 yards and five touchdowns before undergoing season-ending shoulder surgery.
The 2022 season for the Elks was a difficult one. The club went 4-14 as it continues to rebuild since losing key players like quarterback Mike Reilly in 2019. Lawler said despite the challenging season with the Green and Gold, he was grateful for the competitive spirit the coaching staff maintained.
“Though we fell short, you all were never compromised in getting us to settle for nothing less than the goal we set out to achieve,” Lawler said, adding he will miss the teammates he played with and that he has “gained relationships this year that I know will last a lifetime.”
–With files from Dan Ralph, The Canadian Press
New York
CNN
—
Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.
In a letter to the exchange, Devin Nunes, the CEO of Trump Media (DJT), laid out what he believes could be deemed “naked” short selling.
Naked short selling involves someone selling shares they don’t own or have not borrowed. They will often then try to buy shares at a reduced price to cover themselves. This practice is generally illegal. Whereas legitimate short sellers, people who seek to benefit from declines in the value of a company’s shares, borrow the shares before selling.
The letter was made public Friday in a filing with the Securities and Exchange Commission.
Nunes also noted in the letter that shares of the company were on a list the Nasdaq maintains that’s “indicative of unlawful trading activity.”
“This is particularly troubling given that “naked” short selling often entails sophisticated market participants profiting at the expense of retail investors,” he said.
Representatives from Nasdaq and Trump Media did not immediately respond to requests for comment.
The company, which is majority-owned by former President Donald Trump, is down by around 50% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.
Shares of company have been on a wild ride since.
Although the company is still worth billions of dollars, it is struggling to make money and needs cash. Experts have warned investors to be careful if they choose to trade the stock, because the company doesn’t have the fundamentals to back up its sky-high valuation.
Trump Media lost $58 million in 2023 and made just $4.1 million in revenue.
Shares of the company ended Friday’s session about 9.6% higher.
This story has been updated with additional developments and context.
CNN’s Nicole Goodkind contributed to this report.
Trump Media & Technology Group said it will issue millions more shares, sending its stock plunging again.
The company behind former President Donald Trump’s Truth Social platform said in a Securities and Exchange Commission filing that it is registering the resale of up to almost 21.5 million new shares of common stock issuable upon the exercise of warrants, up to about 146 million shares of common stock, and up to about 4 million warrants to purchase common stock. Certain shares held by insiders may still be restricted from trading until the expiration of a lock-up agreement 5-6 months after the date of the IPO.
New York
CNN
—
Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.
In a letter to the exchange, Devin Nunes, the CEO of Trump Media (DJT), laid out what he believes could be deemed “naked” short selling.
Naked short selling involves someone selling shares they don’t own or have not borrowed. They will often then try to buy shares at a reduced price to cover themselves. This practice is generally illegal. Whereas legitimate short sellers, people who seek to benefit from declines in the value of a company’s shares, borrow the shares before selling.
The letter was made public Friday in a filing with the Securities and Exchange Commission.
Nunes also noted in the letter that shares of the company were on a list the Nasdaq maintains that’s “indicative of unlawful trading activity.”
“This is particularly troubling given that “naked” short selling often entails sophisticated market participants profiting at the expense of retail investors,” he said.
Representatives from Nasdaq and Trump Media did not immediately respond to requests for comment.
The company, which is majority-owned by former President Donald Trump, is down by around 50% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.
Shares of company have been on a wild ride since.
Although the company is still worth billions of dollars, it is struggling to make money and needs cash. Experts have warned investors to be careful if they choose to trade the stock, because the company doesn’t have the fundamentals to back up its sky-high valuation.
Trump Media lost $58 million in 2023 and made just $4.1 million in revenue.
Shares of the company ended Friday’s session about 9.6% higher.
This story has been updated with additional developments and context.
CNN’s Nicole Goodkind contributed to this report.
Big bill comes due for Martin Selig, giant of Seattle office real estate – The Seattle Times
Trump Media warns Nasdaq of suspected market manipulation – CNN
2025 Mercedes-AMG GT 63 S E PERFORMANCE Pairs V8 Engine And Electric For Record Speed – SlashGear
Silver investment demand jumped 12% in 2019
12 Bizarre Things People Did Just To Make Social Media Content
Global Media Markets, 2015-2020, 2020-2025F, 2030F – TV and Radio Broadcasting, Film and Music, Information Services, Web Content, Search Portals And Social Media, Print Media, & Cable – GlobeNewswire
-
Media24 hours ago
DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation. – Barron's
-
Real eState17 hours ago
Botched home sale costs Winnipeg man his right to sell real estate in Manitoba – CBC.ca
-
News23 hours ago
Canada Child Benefit payment on Friday | CTV News – CTV News Toronto
-
Business17 hours ago
Dow Jones Rises But S&P, Nasdaq Fall; Nvidia, SMCI Flash Sell Signals As Bitcoin's Fourth Halving Arrives – Investor's Business Daily
-
Science21 hours agoMarine plankton could act as alert in mass extinction event: UVic researcher – Langley Advance Times
-
Science14 hours ago
Dragonfly: NASA greenlights most important mission of the century – Earth.com
-
Art16 hours ago
Art and Ephemera Once Owned by Pioneering Artist Mary Beth Edelson Discarded on the Street in SoHo – artnet News
-
Health14 hours ago
RCMP warn about benzodiazepine-laced fentanyl tied to overdose in Alberta – Edmonton Journal
