15 July, 2014 by The TZ Newswire Staff Comments Off on Goldman’s Big Day and the Even Bigger Tobacco Merger
Goldman’s Big Day and the Even Bigger Tobacco Merger
15 July, 2014 by The TZ Newswire Staff Comments Off on EMC Is Looking to Become a Top Solid State Arrays Player
EMC Is Looking to Become a Top Solid State Arrays Player
EMC posted its first solid state arrays revenue in 2013. The company is also quickly launching new SSA products to keep up with the market leaders.
15 July, 2014 by The TZ Newswire Staff Comments Off on Yahoo’s long goodbye with Alibaba takes heat off Mayer
Yahoo’s long goodbye with Alibaba takes heat off Mayer
Yahoo Inc cannot seem to part ways with Alibaba. Yahoo said on Tuesday that it would keep a bigger-than-expected chunk of its stake in Alibaba when the Chinese e-commerce company goes public later this year. “It remains a very large fig leaf,” Pivotal Research Group analyst Brian Wieser said of Yahoo’s Alibaba stake, which he said “obscures” Yahoo’s weak results.
15 July, 2014 by The TZ Newswire Staff Comments Off on Alaska Air’s Earnings Preview: 5 Themes to Watch
Alaska Air’s Earnings Preview: 5 Themes to Watch
Will 2014 continue to be kind to Alaska Airlines? What to look for in the company’s upcoming earnings report.
15 July, 2014 by The TZ Newswire Staff Comments Off on "China Is Fixed" GDP & Industrial Production Beat As Retail Sales Miss & Home Prices Tumble
"China Is Fixed" GDP & Industrial Production Beat As Retail Sales Miss & Home Prices Tumble
Having glimpsed the ugly reality of the under-belly of the Chinese economy last week, and the divergence between that and the government’s PMI survey fallacy, it is no surprise that by the magic of excel, GDP and Industrial Production modestly beat expectations (+7.5% YoY vs 7.4% exp and +9.2% YoY vs +9.0% exp respectively). However, despite epic credit injections, home prices tumbled 9.2% YoY and Retail Sales missed expectations rising only 12.4% YoY.
15 July, 2014 by The TZ Newswire Staff Comments Off on Apple Gains After Hours and Lorillard Tumbles
Apple Gains After Hours and Lorillard Tumbles
The blue chips finished essentially flat today, while Apple on a partnership with IBM and Lorillard slid on a disappointing buyout.
15 July, 2014 by The TZ Newswire Staff Comments Off on China economy grows 7.5% in the second quarter
China economy grows 7.5% in the second quarter
China’s economy picked up momentum in the second quarter, buoyed by a raft of stimulus measures unleashed by the government in recent months.