Day Tradexchange Inc
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Company profile

Day Tradexchange, Inc., formerly Syndication, Inc., is a consulting company engaged in acquiring controlling interest in or to participate in the creation of, and to provide financial management and technical support to development stage business, e-commerce businesses, and traditional brick and mortar businesses. It specializes in project development services for private and public client companies. It also assists client companies in evaluating, structuring and negotiating joint ventures, strategic alliances, joint marketing agreements and other corporate transactions. It also provides advice on corporate finance, financial reporting and accounting operations. It offers a range of consulting services, such as reverse mergers and acquisitions, specific asset acquisitions, capital investment, debt investment, market development, transfer agent service advice, management and management placement, development and implementation of business models, and Internet marketplace and technology.

Closing Price
$0.002
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.002
Day's Low
0.002
Volume
2,500

Altria's stock gains after WSJ report a deal to take large stake in Juul could happen this week

1:33 pm ET December 19, 2018 (MarketWatch)
Print

Shares of Altria Group Inc. (MO) rallied 1.5% in afternoon trade Wednesday, to bounce off the previous session's 3 1/2-year closing low, after The Wall Street Journal reported that the cigarette seller was near a deal to take a 35% stake in e-cigarette startup Juul Labs Inc. The WSJ had earlier reported on the discussions (http://www.marketwatch.com/story/altria-may-be-adding-a-juul-to-its-crown-if-talks-with-e-cigarette-company-end-in-deal-2018-11-29). Citing people familiar with the matter, Wednesday's WSJ report said the $12.8 billion deal could be announced as early as this week, and value Juul at roughly $38 billion. The report comes nearly two weeks after Altria agreed to take a $1.8 billion stake in Canada-based cannabis company Cronos Group Inc. (CRON.T). The report also comes about a month after Juul planned (http://www.marketwatch.com/story/juul-to-pull-sweet-flavored-e-cigarettes-from-stores-2018-11-11) to stop selling most of its flavored nicotine liquids at retailers, as it faced a crackdown by the Food and Drug Administration (http://www.marketwatch.com/story/fda-to-sharply-curtail-sales-of-flavored-e-cigarettes-in-convenience-stores-2018-11-08) on flavored pod-style e-cigarettes. Altria's stock has tumbled 28% year to date, while the S&P 500 has slipped 4.0%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

December 19, 2018 13:33 ET (18:33 GMT)

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