6 May, 2014 by The TZ Newswire Staff Comments Off on Prospect Capital Corporation’s Net Investment Income Jumps 30% to $0.31 Per Share
Prospect Capital Corporation’s Net Investment Income Jumps 30% to $0.31 Per Share
Prospect Capital saw its net investment income per share rise 30% in the most recent quarter, as its income increased to $98.5 billion.
6 May, 2014 by The TZ Newswire Staff Comments Off on Difficulties at Groupon Inc. Continue As It Reports a Net Loss of $38 Million
Difficulties at Groupon Inc. Continue As It Reports a Net Loss of $38 Million
Groupon saw its revenue grow considerably. However, it saw corresponding gains in its costs of products as well as operating expenses, which resulted in a loss in the first quarter.
6 May, 2014 by The TZ Newswire Staff Comments Off on China developers rush overseas as home market slows
China developers rush overseas as home market slows
As the cracks in China’s housing market deepen, Chinese major property developers are scouring the world for new opportunities.
6 May, 2014 by The TZ Newswire Staff Comments Off on Which Market is Right?
Which Market is Right?
I find it rather entertaining when different markets are relaying very different messages. The 10 year treasury yield ended 2013 with a yield of about 3%. Today it is at 2.58%. The Russell 2000 Growth ETF (IWO) is down 11.19% from its early March peak:
6 May, 2014 by The TZ Newswire Staff Comments Off on JPMorgan closing accounts of foreign diplomats in U.S.: FT
JPMorgan closing accounts of foreign diplomats in U.S.: FT
The ban by the largest U.S. bank by assets, which affects 3,500 accounts, has prompted former Colombia finance minister Jose Antonio Ocampo to accuse it of discrimination in a complaint to the consumer regulator, the report said. According to the FT article, JPMorgan said it was closing the Chase accounts and stopping the credit cards of the officials because of increased compliance costs. Ocampo, an economist who was also nominated to become World Bank president, has written to the U.S.
6 May, 2014 by The TZ Newswire Staff Comments Off on Disney’s Magical Earnings and Office Depot’s 400-Store Surprise
Disney’s Magical Earnings and Office Depot’s 400-Store Surprise
6 May, 2014 by The TZ Newswire Staff Comments Off on What can lift the dollar from multi-month lows?
What can lift the dollar from multi-month lows?
David Forrester, Senior Vice President for G10 FX Strategy at Macquarie, says weak U.S data, especially in the labor market, hurt the greenback in recent days.