14 July, 2014 by The TZ Newswire Staff Comments Off on Phil Falcone Suing People, Companies, Industry Groups, Countries
Phil Falcone Suing People, Companies, Industry Groups, Countries
14 July, 2014 by The TZ Newswire Staff Comments Off on For Fed, raising rates won’t be easy
For Fed, raising rates won’t be easy
With its bond-buying program winding down and the job market on the mend, sometime next year the Fed will likely raise its target on the federal-funds rate from the zero-to-0.25% range it has kept it in since late 2008. What makes the current situation especially tricky is that the Fed’s old way of raising rates won’t work anymore.
14 July, 2014 by The TZ Newswire Staff Comments Off on World’s Richest Lose $33 Billion as Slim Plans Breakup
World’s Richest Lose $33 Billion as Slim Plans Breakup
Bucking the trend was Mexican billionaire Carlos Slim, who added $4.4 billion to his fortune after he announced plans to carve up his telecommunications empire. The billionaire said this week that his America Movil SAB (AMXL), the Americas’ largest wireless operator with 272 million subscribers, is bowing to imminent antitrust legislation by selling assets in Mexico to reduce its dominant market share. The 74-year-old said he’s bullish on Mexico and the rest of Latin America, and plans to refocus his investments to take advantage of increasingly cheap borrowing costs.
14 July, 2014 by The TZ Newswire Staff Comments Off on As brick and mortar struggles, Najarian looks to Amazon
As brick and mortar struggles, Najarian looks to Amazon
According to Channel Advisors Amazon posted the equivalent of a 34% gain in Same-store-sales for June. If true, and true “comps” are a little fuzzy when it comes to measuring results at a retailer without actual stores, it marks a stunning growth rate compared to the conventional brick and mortar plays.
14 July, 2014 by The TZ Newswire Staff Comments Off on Media Blitz: Univision becomes takeover bait amid World Cup
Media Blitz: Univision becomes takeover bait amid World Cup
The company wants to go it alone, but its rivals will pursue it hard, writes Jon Friedman.
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14 July, 2014 by The TZ Newswire Staff Comments Off on Why PriceSmart Inc. Might Finally Be a Buy Again
Why PriceSmart Inc. Might Finally Be a Buy Again
The Latin American wholesaler reports underwhelming earnings, but that might be good news for investors looking to buy in.
