13 June, 2014 by The TZ Newswire Staff Comments Off on Why Yelp, TW Telecom, and International Game Technology Jumped Today
Why Yelp, TW Telecom, and International Game Technology Jumped Today
The stock market rebounded from the worst of its losses this week, but the biggest gains were reserved for potential M&A activity. Find out more about what made these stocks soar.
13 June, 2014 by The TZ Newswire Staff Comments Off on Currency War: 140 Years of Monetary History In Ten Minutes
Currency War: 140 Years of Monetary History In Ten Minutes
From “why did Nixon sever the link between currencies and gold?” to “is war good for the economy?” Mike Maloney’s tour de force through 140 years of gold, silver, and monetary farce is indispensable as major parts of the world enter a de-dollarization phase. As Jesse noted here, after listening to this presentation, one can surely understand why the central banks both fear and covet gold. It resists their wills, but has a natural tendency to be seen as money.
13 June, 2014 by The TZ Newswire Staff Comments Off on This Week’s 5 Smartest Stock Moves
This Week’s 5 Smartest Stock Moves
13 June, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: IRS hands over emails in conservative-targeting probe
The Wall Street Journal: IRS hands over emails in conservative-targeting probe
The Internal Revenue Service is providing more emails to lawmakers for an investigation of the agency’s treatment of conservative groups and revealed that an official’s computer crashed in 2011, significantly complicating their efforts.
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13 June, 2014 by The TZ Newswire Staff Comments Off on The Subprime Auto-Lending Credit Bubble Is Bursting
The Subprime Auto-Lending Credit Bubble Is Bursting
Submitted by Pater Tenebrarum of Acting-Man blog,
Sub-Prime Car Loans See a ‘Sudden Jump in Late Payments’
We have commented a few times on the slightly diffuse character of the echo bubble, which has infected a great many nooks and crannies of the economy. One of the areas which has experienced an enormous boom was the sub-prime auto loan sector. It seems however that the party in this sub-sector of the bubble economy is in the process of ending.
13 June, 2014 by The TZ Newswire Staff Comments Off on Under Armour Is Running Up Its Sales
Under Armour Is Running Up Its Sales
Under Armour (UA), known for its performance athletic clothing, footwear and accessories, is delivering high performance in its financials. The Baltimore-based firm is firing on all cylinders. Earnings grew 25% to 167% vs. year-ago levels in the latest four quarters. Sales growth accelerated for three straight periods, hitting 36% in Q1. That gain was the largest since a 42% jump in the third quarter of 2011.
13 June, 2014 by The TZ Newswire Staff Comments Off on Actavis Strives To Reduce Borrowing Costs
Actavis Strives To Reduce Borrowing Costs
Generic, branded and biosimilar drugmaker Actavis (ACT) may be well-known among investors as a company that has used large acquisitions as one method to boost its earnings and sales sharply. Yet less attention perhaps has been paid to its savvy financial management. On June 10, the firm announced $3.7 billion in fresh financing at interest rates that undercut the rate it was paying for debt tied to its acquisition of Warner Chilcott.