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(Reuters) - T. Rowe Price funds slashed Tesla Inc holdings in the first quarter, data showed on Wednesday, as the institutional investor continued to cut its positions in the electric vehicle maker. The firm, which has been one of the largest investors in the Silicon Valley company, sold off 92 percent of its prior holdings in the company during the quarter, Refinitiv data showed. That drop represented the funds for which Refinitiv has data, which may not include all T. Rowe Price funds, which are managed by T. Rowe Price Group Inc.

Neither Tesla nor T, Rowe Price were immediately available to comment after normal business hours, The data showed sales between the end of last year and March 31 that ranged from 25 percent of holdings in the T, Rowe Price Global Growth Stock Fund to 100 percent of holdings at the Growth Stock Fund, which had held 2.1 million shares, In total, six funds cut their tiffany cufflinks full metal jacket Tesla holdings by 100 percent, T, Rowe Price’s next-largest Tesla holding, within the Blue Chip Growth Fund, with 1.8 million shares, was cut by 82 percent..

(Reuters) - Canadian marijuana producer Canopy Growth Corp is close to a deal to buy U.S.-based pot firm Acreage Holdings, a source familiar with the matter told Reuters on Wednesday. The deal is expected to fetch a premium of about 28 percent to Acreage’s five-day average trading price - or roughly 25 percent of its closing price on Wednesday, the source said. The transaction could be announced as soon as later on Wednesday, the source said, but cautioned there is no certainty that the two parties will agree to any deal.

The person asked not to be identified because the matter is still confidential, Cannabis companies in Canada have been pouring cash into their businesses to fend off competition and develop new products, especially after the country approved the use of recreational marijuana in October, They have also been looking for ways to get into the U.S, tiffany cufflinks full metal jacket market, where cannabis remains federally illegal, Acreage went public on the Canadian Securities Exchange in November and has licenses or agreements with holders in 19 U.S, states, while also managing a chain of retail stores..

A deal would give Canopy the rights to Acreage’s products immediately and set up the two companies with an agreement to exchange stock later on the condition that marijuana becomes federally legal in the United States, the source added. Based on the purchase agreement, Canopy could lend Acreage parts of their branding and intellectual property in order to penetrate the U.S. market while in turn helping Acreage grow, the source said. Neither Acreage Holdings nor Canopy Growth immediately responded to requests for comment.

WASHINGTON (Reuters) - The Trump administration is readying a public relations offensive over the economic impact of its new North American trade deal to counter a crucial report expected tiffany cufflinks full metal jacket on Thursday that economists see as likely to show minimal gains at best, Industry sources familiar with the administration’s plans told Reuters the U.S, International Trade Commission’s analysis of the U.S.-Mexico-Canada Agreement would be met with a rosier forecast from the U.S, Trade Representative’s office..

The three countries agreed last year to the deal to replace the 25-year old North American Free Trade Agreement after President Donald Trump’s relentless criticism of NAFTA, calling it “the worst trade deal ever made” and insisting it be improved or scrapped. The ITC report has been kept under wraps and is being keenly awaited by U.S. lawmakers to help them decide whether to support USMCA. A report showing little or no gain from the changes would be a setback for the administration and give some Democrats an excuse to deny Trump a major political victory.

The report will measure USMCA’s effects on gross domestic product, income, job creation and specific sectors against a baseline of NAFTA - a trade deal that already has eliminated nearly all tariffs among the three countries, “You wouldn’t expect big effects compared to the existing NAFTA,” said Laura Baughman, president of Trade Partnership Worldwide LLC, a consulting firm that analyzes the economic impacts of trade actions and policies, Baughman estimated the overall gain in U.S, GDP in the deal’s 15th year would be barely perceptible at about 0.01 percent and could be negative if the ITC fails to give enough weight to new provisions on digital tiffany cufflinks full metal jacket trade, increased customs efficiency and services..



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