6 July, 2014 by The TZ Newswire Staff Comments Off on Samsung Electronics faces falling profits as succession looms
Samsung Electronics faces falling profits as succession looms
Smartphone leader Samsung Electronics Co Ltd faces a third straight quarter of profit decline that could become a fourth as cheaper models grab a bigger share of a slowing market and Apple Inc readies the launch of its iPhone 6. Samsung Electronics’ woes, exacerbated by a won that has risen to a six-year high against the dollar, come at an awkward time for the flagship of South Korea’s largest conglomerate. The maker of the Galaxy smartphone is expected to say on Tuesday that earnings likely fell 12.6 percent for the quarter ended June, according to a Thomson Reuters I/B/E/S poll.
6 July, 2014 by The TZ Newswire Staff Comments Off on After beating Google, Korea’s Naver goes global with messaging app Line
After beating Google, Korea’s Naver goes global with messaging app Line
The billionaire founder of web portal operator Naver Corp beat back Google Inc (GOOGL.O) to leave South Korea one of few countries where the U.S. search engine does not dominate. Now, Lee Hae-jin is stepping onto the world stage with Line, a messaging app developed by a subsidiary in Japan to overcome downed communications after the 2011 earthquake and tsunami. “I am playing the part of an attacking winger who needs to run to break through the global market,” Lee, 47, said recently, referring to a goal-scoring role in soccer akin to that of FIFA Player of the Year Cristiano Ronaldo.
6 July, 2014 by The TZ Newswire Staff Comments Off on Current ‘Wealth’ Is Transitory: "The Risks Of Failing To Act Should Not Be Underestimated"
Current ‘Wealth’ Is Transitory: "The Risks Of Failing To Act Should Not Be Underestimated"
Excerpted from John Hussman’s Weekly Comment,
Investors who feel that zero interest rate policy offers them “no choice” but to hold stocks are likely choosing to experience negative returns instead of zero. While millions of investors appear to have the same expectation that they will be able to sell before everyone else, the question “sell to whom?” will probably remain unanswered until it is too late.
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6 July, 2014 by The TZ Newswire Staff Comments Off on Why Annaly Capital Management and Realty Income Have Had Huge Gains in 2014
Why Annaly Capital Management and Realty Income Have Had Huge Gains in 2014
6 July, 2014 by The TZ Newswire Staff Comments Off on GE Is in the News for the Wrong Reasons
GE Is in the News for the Wrong Reasons
General Electric is in the news for corporate actions, but it should be in the news for its research and development — that’s what’s going to help the U.S. reach its green goals.
6 July, 2014 by The TZ Newswire Staff Comments Off on Dish Network shares may rise 20 percent after spectrum auction: Barron’s
Dish Network shares may rise 20 percent after spectrum auction: Barron’s
Dish Network Corp shares could jump 20 percent over the next year if the Federal Communications Commission’s wireless spectrum auction prompts investors to revalue the company’s wireless real estate, Barron’s said in a story published Sunday. The third-largest pay-TV provider in the U.S., Dish Network owns undeveloped wireless spectrum that bullish analysts think could be worth $25 billion, Barron’s wrote. “Just from a stock perspective, you don’t have to have a view on what Dish is ultimately going to do with the spectrum,” Jason Bazinet, an analyst at Citigroup, told the financial newspaper.
6 July, 2014 by The TZ Newswire Staff Comments Off on What You Need to Know About Car Warranties
What You Need to Know About Car Warranties
When your car isn’t so new anymore, you’ll want to know what’s covered and what isn’t if you need repairs.