16 July, 2014 by The TZ Newswire Staff Comments Off on Time Warner Soars on a Potential Merger and Yum! Brands Drops After Earnings
Time Warner Soars on a Potential Merger and Yum! Brands Drops After Earnings
The blue chips hit another record today as Time Warner jumped on a buyout offer. Yum! Brands, meanwhile, fell after its earnings report came out.
16 July, 2014 by The TZ Newswire Staff Comments Off on Peak Animal Spirits
Peak Animal Spirits
It appears, unlike in the mid 2000s, that the low level of volatility and high level of stocks has not had the desired effect on ramping animal spirits among the general population. Judging by the number of “optimistic” stories, peak animal spirits passed at the start of 2012… as optimism is now back at crisis lows…
16 July, 2014 by The TZ Newswire Staff Comments Off on Did Apple, Inc. Just Ditch This Brand-New Supplier?
Did Apple, Inc. Just Ditch This Brand-New Supplier?
16 July, 2014 by The TZ Newswire Staff Comments Off on Asia stocks follow Wall Street up, euro probes lows
Asia stocks follow Wall Street up, euro probes lows
Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the U.S. Federal Reserve is tilting toward tighter monetary policy in light of a stronger economy. Tokyo’s Nikkei (.N225) gained 0.3 percent, helped by a weaker yen. The Dow (.DJI) closed at a record high on Wednesday, boosted by merger news involving an offer by Twenty-First Century Fox Inc (FOXA.O) to buy Time Warner Inc (TWX.N) and strong earnings from blue chips such as Intel Corp (InTC.O).
16 July, 2014 by The TZ Newswire Staff Comments Off on PayPal fuels higher eBay revenue even as cyber attack, rivals weigh
PayPal fuels higher eBay revenue even as cyber attack, rivals weigh
EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition from Amazon.com Inc and a well-publicized cyber attack. Ebay’s stock has fallen more than 8 percent since April, hurt by the cyber attack disclosed in May that compromised data for some 145 million customers, the departure of highly regarded PayPal chief David Marcus, and intensifying competition from both online and offline rivals.
16 July, 2014 by The TZ Newswire Staff Comments Off on 20 Signs The Terrible Drought In The Western US Is Starting To Become Catastrophic
20 Signs The Terrible Drought In The Western US Is Starting To Become Catastrophic
Submitted by Michael Snyder of The Economic Collapse blog,
16 July, 2014 by The TZ Newswire Staff Comments Off on Why the Dow’s 15th Record of 2014 Left Disney and McDonald’s Behind
Why the Dow’s 15th Record of 2014 Left Disney and McDonald’s Behind
Technology stocks helped lift the Dow to all-time record highs, but they couldn’t pull every stock in the Dow 30 up with them.