The Traderszone Network

5 May, 2014 by The TZ Newswire Staff Comments Off on AZ defense against Pfizer boosted by fish oil

AZ defense against Pfizer boosted by fish oil

AstraZeneca, the pharmaceutical company fighting off repeated approaches from larger rival Pfizer, has boosted its defence against the raid.

5 May, 2014 by The TZ Newswire Staff Comments Off on Barclays profit falls ahead of radical bank shakeup

Barclays profit falls ahead of radical bank shakeup

Barclays reported a 5 percent fall in adjusted pre-tax profit to £1.7 billion ($2.9 billion), as the fixed-income division of its investment bank slowed dramatically.

5 May, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Barclays profit drops as fixed-income trading slows

The Wall Street Journal: Barclays profit drops as fixed-income trading slows

The U.K. bank posts a 5% fall in adjusted first-quarter profit, on a continued slowdown in fixed-income trading at its investment bank that has forced the U.K.

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5 May, 2014 by The TZ Newswire Staff Comments Off on China April data to show growth stabilizing, for now

China April data to show growth stabilizing, for now

Growth in China’s factory output and investment likely stabilized in April as the government uses targeted policy measures to underpin growth, while the pace of declines in exports and imports may have eased, a Reuters poll showed. However, the world’s second-largest economy may only get a temporary boost from such policy support, as growth will inevitably slow while the government seeks to tackle high debt levels and excessive factory capacity.

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5 May, 2014 by The TZ Newswire Staff Comments Off on Asia shares ride Wall Street gains, Europe seen up too

Asia shares ride Wall Street gains, Europe seen up too

Asian share markets shuffled higher on Tuesday after promising U.S. economic news helped Wall Street to a firmer finish, though activity was again light with Tokyo still on holiday. Stock markets in India (.BSESN) and China (.SSEC) led the way with modest gains, while MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent. The Australian central bank’s policy meeting was the only notable economic event in Asia, and the Reserve Bank of Australia (RBA) kept the cash rate at a record low of 2.5 percent, just as markets had priced in.

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5 May, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Pfizer puts pressure on AstraZeneca for a deal

The Wall Street Journal: Pfizer puts pressure on AstraZeneca for a deal

Pfizer’s says its offer for AstraZeneca is ‘compelling’ and urges the company to enter talks, but also says it’s willing to adjust its latest offer.
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5 May, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Credit Suisse nears record tax plea with U.S.

The Wall Street Journal: Credit Suisse nears record tax plea with U.S.

U.S.

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