Latest news with #Midland
CTV News
a day ago
- CTV News
Search warrants executed in Midland, Penetanguishene result in drug trafficking charges for local man
Ontario Provincial Police display drugs, ammunition, and cash seized during search warrants executed on Wed., June 18, 2025, in Midland and Penetanguishene. A Penetanguishene man is facing a series of drug trafficking charges after provincial police executed simultaneous search warrants at a residence and retail store on Wednesday morning. Officers with the OPP street crime units from several detachments, plus the tactical, rescue and K9 units, carried out the search warrants at locations on Gignac Drive in Penetanguishene and Midland Avenue in Midland. Officers took the accused into custody and say they seized a significant amount of crystal methamphetamine, cocaine, crack cocaine, codeine pills, morphine pills, oxycodone pills, and lorazepam pills. Ontario police say the searches also resulted in the seizure of brass knuckles, 100 rounds of 9mm ammunition, roughly $47,000 in Canadian cash, and drug paraphernalia. Along with drug-related charges, the accused is also facing possession of proceeds obtained by crime over $5,000, possession of prohibited ammunition contrary to a prohibition order, unauthorized possession of a weapon, and failing to comply with a probation order. Police say the investigation isn't over. They are asking anyone with knowledge that could assist with the case to contact the OPP.
CTV News
a day ago
- CTV News
Man charged with attempted murder sentenced to time served for running victim over with pickup truck
A Midland, Ont. man who was accused of attempted murder for running a man over with his pickup truck last summer will soon be released from jail. Jacob Wallis, 25, pleaded guilty Tuesday morning to dangerous driving and assault with a weapon in the August 2024 attack that was recorded on surveillance video in a Midland Avenue convenience store parking lot. Justice Paul Bellefontaine, who presided by video in a Midland courtroom, accepted the defence request of time served and 45 days for breaching a release order. Wallis, the court heard, was arrested following the parking lot attack, and released a week later under strict conditions, including house arrest. Four months later, days before Christmas, police said Wallis was behind the wheel of a vehicle that fled from a R.I.D.E. check in town. Witnesses identified Wallis as the driver, and he was taken back into custody for breaching his release order. Court Exhibit - Jacob Wallis Surveillance video in a Midland, Ont., parking lot on Aug. 24, 2024. (Court Exhibit) The Crown played the shocking video of the parking lot attack for the court. Wallis was initially charged by provincial police in Midland with attempted murder, but the Crown and defence made a deal in which Wallis avoided going to trial in exchange for pleading guilty to lesser offences. Surveillance video showed Wallis, who was identified by police as the driver of the white pickup truck that night, hitting the man and launching him several metres into a curb before speeding off. The man, the court heard, was knocked unconscious and was bleeding from his head but walked away from the scene. Surveillance video - Jacob Wallis Surveillance video in a Midland, Ont., parking lot on Aug. 24, 2024. (Court Exhibit) In 2023, the Crown told the court Wallis spent 15 months behind bars for assault causing bodily harm, saying he clearly had not learned his lesson. Still, the out-of-town judge sentenced Wallis to time served, crediting him with nine months in pre-sentence custody for dangerous driving and assault with a weapon, finding the sentence fell within the appropriate range for the offence. Justice Bellefontaine said though Wallis displayed 'horrible driving' and intended 'to cause significant bodily harm' and 'should've been a lot more conscious' of his decision-making that night - the attack took place during a 'relatively short period of time' after Wallis had been provoked by the victim. Defence lawyer D'Arcy Leitch told the court on the night of the attack, the victim made a remark to Wallis about his brother who had recently passed away from leukemia. Leitch said the man told Wallis 'I heard your brother got what he deserved' which then set Wallis off. The defence called the gravity of the offence 'relatively low' because the victim fully recovered from his minor injuries. Jacob Wallis Jacob Wallis Justice Bellefontaine credited Wallis for being a steadily employed and longtime contributing member of society, who the court heard had worked from the age of 16 and was backed by a supportive family. The Crown told the court prior to running the man over that night, Wallis was seen trying to disguise his face while holding a weapon up his sleeve. The Crown asked Wallis be sentenced to between 18 and 24 months. The judge ruled Wallis will spend about 45 more days in jail for breaching the conditions of his release by violating house arrest and being behind the wheel while fleeing the police spot check. Wallis was also placed on probation and is barred from having weapons on him for 10 years. All other charges against Wallis, including attempted murder, were withdrawn. Once he is released from custody in about a month, Wallis will be banned from driving for two years.
Yahoo
4 days ago
- Business
- Yahoo
Diamondback (FANG) Surges 3.7%: Is This an Indication of Further Gains?
Diamondback Energy (FANG) shares soared 3.7% in the last trading session to close at $154.91. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.2% gain over the past four weeks. FANG stock surged on Friday, driven by a mix of company-specific developments and broader market dynamics. The company's recent amendment to its credit agreement with Wells Fargo Bank—extending the maturity to 2030 and reducing interest rates—boosted investor confidence in its financial stability and flexibility. Meanwhile, escalating tensions between Israel and Iran drove oil prices sharply upward, providing a boost to U.S. shale producers such as Diamondback Energy. The conflict raised concerns over the security of the Strait of Hormuz, a critical maritime chokepoint through which about one-fifth of the world's oil supply passes. Any threat to this route tends to send shockwaves through global energy markets, triggering price spikes and increased volatility. As a result, the Midland, TX-based oil and gas exploration and production company benefited from bullish sentiment, as investors anticipated higher oil prices and potential supply disruptions from the region. This energy exploration and production company is expected to post quarterly earnings of $2.72 per share in its upcoming report, which represents a year-over-year change of -39.8%. Revenues are expected to be $3.41 billion, up 37.2% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Diamondback, the consensus EPS estimate for the quarter has been revised 6.4% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on FANG going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Diamondback belongs to the Zacks Oil and Gas - Exploration and Production - United States industry. Another stock from the same industry, Comstock Resources (CRK), closed the last trading session 1.1% lower at $25.33. Over the past month, CRK has returned 5%. Comstock's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.16. Compared to the company's year-ago EPS, this represents a change of +180%. Comstock currently boasts a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Diamondback Energy, Inc. (FANG) : Free Stock Analysis Report Comstock Resources, Inc. (CRK) : Free Stock Analysis Report Riley Exploration Permian, Inc. (REPX) : Free Stock Analysis Report Redwire Corporation (RDW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
CTV News
6 days ago
- CTV News
Man hospitalized with serious injuries after alleged altercation at Midland hotel
An alleged altercation at the Knights Inn on Yonge Street in Midland, Ont. sends one man to the hospital. Photo captured on June 14, 2025. (CTV NEWS / Julianna Balsamo) An alleged altercation outside of a hotel in Midland Friday evening sent one man to a nearby hospital. The incident occurred at the Knights Inn on Yonge Street, where Ontario Provincial Police established a heavy presence and taped off the area as part of their investigation. Simcoe County Paramedics confirmed that they transported one man to the local hospital following the incident. The man suffered severe to life-threatening injuries, according to paramedics. Police have not been able to provide an update on this incident. The circumstances surrounding the events remain unclear at this time. CTV News will provide updates as they become available.
CTV News
7 days ago
- CTV News
Trial of Waverley man accused of historical sex crimes by two young women continues in Midland
Robert Moroziuk, 50, accused of historical sex crimes by two complainants walks out of the Midland, Ont. courthouse on June 13, 2025. (CTV News / Mike Arsalides) Warning: Content in this article may be upsetting or triggering to some readers. The defence cross-examined a second complainant who alleges she was sexually violated by a Waverley man when she was a child between 2011 and 2015. Robert Moroziuk, 50, is charged with nine counts, including sexual assault, sexual interference, invitational to sexual touching and forcible confinement, relating to allegations made by two young women who said they were children at the time, between the ages of five and 12 and came forward to provincial police last year. Moroziuk heard testimony from his second accuser in a Midland courtroom Friday as defence lawyer Andrew Knott cross-examined the witness trying to find illustrate to the court inconsistencies in testimony and lapses in memory. The witness told the court Moroziuk touched her breasts and pulled down his shorts to expose himself to her in his backyard. When exactly it happened was not clear. The witness previously told the court it was during the summer. Robert Moroziuk Robert Moroziuk, 50, accused of historical sex crimes by two complainants walks out of the Midland, Ont. courthouse on June 13, 2025. (CTV News / Mike Arsalides) The defence repeatedly suggested to the complainant the incidents never occurred. 'I'm going to suggest you don't have an independent recollection of them because they did not happen,' Knott told the witness. '100% they did happen,' said the young woman who described her memory as 'foggy.' She revealed she has been diagnosed with PTSD, depression and anxiety. 'I wouldn't say it is so foggy that I can't remember,' she clarified when pressed by Knott about the reliability of her memory. Knott made a series of suggestions to the witness stating Moroziuk did not expose himself, make comments about her body; including her breasts, try to kiss her or touch her body. The witness disagreed with each of the suggestions made by the defence. She maintained the incidents occurred. Knott, during his approximately two hours of cross-examination of the witness, proposed the complainant only provided a statement to police to help bolster testimony from the other complainant in the case. Identities of the complainants are protected by a publication ban. The Crown told the court it intends to call three more witnesses to testify. The defence said it will also call its own witnesses to testify. The third day of the trial before Justice Philop John Brissette is scheduled for next week in Barrie.
