16 July, 2014 by The TZ Newswire Staff Comments Off on US Encourages Corporations To Engage In M&A “Inversion” Bubble, Then Shames Them By Demanding “Economic Patriotism”
US Encourages Corporations To Engage In M&A “Inversion” Bubble, Then Shames Them By Demanding “Economic Patriotism”
Call it yet another unintended consequence of pervasive government intervention.
On one hand, the US has the highest corporate tax rate in the world:
16 July, 2014 by The TZ Newswire Staff Comments Off on Stock Upgrades: Intel Parties Like It’s 1997
Stock Upgrades: Intel Parties Like It’s 1997
Wall Street ratings agencies set the tone for today’s stock market.
16 July, 2014 by The TZ Newswire Staff Comments Off on Industrial Production Drops, Misses By Most Since January
Industrial Production Drops, Misses By Most Since January
For the 3rd month in a row, Industrial Production missed expectations as hopes and dreams of follow through in Q2 remain dashed on the shores of hard data. IP rose 0.2% (missing the 0.3% expectation) and May’s jump was downwardly revised to 0.5%. What is stunning is that Industrial Production has slowed its gains from the polar-vortex Q1 into a much more economically frigid Q2. Capacity Utilization also missed expectations. Perhaps most worrying is the manufacturing industry’s mere 0.1% gain in June – the slowest increase since January.
16 July, 2014 by The TZ Newswire Staff Comments Off on Stock Downgrades: Yahoo Definitely Not Partying Like It’s 1999
Stock Downgrades: Yahoo Definitely Not Partying Like It’s 1999
Wall Street ratings agencies set the tone for today’s stock market.
16 July, 2014 by The TZ Newswire Staff Comments Off on New Stock Coverage: Apple, With Apologies to IBM, Parties Like It’s 1984
New Stock Coverage: Apple, With Apologies to IBM, Parties Like It’s 1984
Wall Street ratings agencies set the tone for today’s stock market.
16 July, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Ackman rebukes Allergan over response to Valeant bid
The Wall Street Journal: Ackman rebukes Allergan over response to Valeant bid
Activist investor asks Allergan board to apologize, negotiate.
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16 July, 2014 by The TZ Newswire Staff Comments Off on 21st Century Fox, Time Warner confirm rejected offer
21st Century Fox, Time Warner confirm rejected offer
Media group 21st Century Fox on Wednesday confirmed that it made an offer to acquire peer Time Warner Inc. in June.