2 May, 2014 by The TZ Newswire Staff Comments Off on The Dow Misses a New Record as Merck, Pfizer, and J&J Lag
The Dow Misses a New Record as Merck, Pfizer, and J&J Lag
The Dow’s three big pharma stocks led the list of declining components Friday. Find out what happened.
2 May, 2014 by The TZ Newswire Staff Comments Off on Behind The Curtain – Putin Is Admired
Behind The Curtain – Putin Is Admired
Submitted by Martin Armstrong via Armstrong Economics,
Putin at least stands for what he truly believes in. That is far more than we find in Western Politicians. Most Western Politicians admire Putin for he is tough and has backbone that they seriously lack not to mention perhaps brains. I disagree with Putin that landmass has anything to do with the power of a nation and Japan proved that to be a correct statement.
2 May, 2014 by The TZ Newswire Staff Comments Off on U.S. jury orders smartphone maker Samsung to pay Apple $120 million
U.S. jury orders smartphone maker Samsung to pay Apple $120 million
A U.S. jury on Friday ordered Samsung Electronics Co Ltd to pay $119.6 million to Apple Inc, far less than Apple had sought and marking a big loss for the iPhone maker in the latest round of their globe-spanning mobile patent litigation. During the month-long trial in a San Jose, California, federal court, Apple accused Samsung of violating patents on smartphone features including universal search, while Samsung denied wrongdoing. On Friday, the jury found the South Korean smartphone maker had infringed two Apple patents. Apple and Samsung have been litigating around the world for three years.
2 May, 2014 by The TZ Newswire Staff Comments Off on Why Manitowoc, Endocyte, and Seattle Genetics Tumbled Today
Why Manitowoc, Endocyte, and Seattle Genetics Tumbled Today
Stocks generally disappointed investors on Friday as the Ukrainian situation trumped strong jobs data, but these three stocks performed much worse than the broader market. Find out why.
2 May, 2014 by The TZ Newswire Staff Comments Off on Marc Faber Warns "Social Media Stocks Are Just The Start, Market Crash Coming In 2nd Half"
Marc Faber Warns "Social Media Stocks Are Just The Start, Market Crash Coming In 2nd Half"
Having called for the demise of the hype/hope growth stocks, biotech, and social media schemes at the end of 2013, Marc Faber believes the weakness in those sectors is a signal of things to come (and that the so-called “rotation” to quality stocks is fallacious in the medium-term). Faber carefully notes that the size of markets allows some stocks to move up as others move down and so the overall market “looks” ok, but warns “we have already had a big break in parts of the market…
2 May, 2014 by The TZ Newswire Staff Comments Off on Why DigitalGlobe, Wynn Resorts, and Sequenom Jumped Today
Why DigitalGlobe, Wynn Resorts, and Sequenom Jumped Today
The stock market gave up ground Friday on fears of Russo-Ukrainian escalation, but these three stocks posted solid gains on good earnings results. Find out more about what made them soar.