18 July, 2014 by The TZ Newswire Staff Comments Off on Iran, six powers agree to 4-month extension of nuclear talks
Iran, six powers agree to 4-month extension of nuclear talks
Iran and six world powers on Friday agreed to a four-month extension of negotiations on a long-term nuclear deal.
18 July, 2014 by The TZ Newswire Staff Comments Off on Nasdaq Delivers Best Gain In Two Months, But Volume Fades
Nasdaq Delivers Best Gain In Two Months, But Volume Fades
Stocks rumbled higher in lower volume Friday, turning the major indexes positive for the week despite two days of heavy-volume selling. The Nasdaq advanced 1.6%, its best gain in more than two months. The S&P 500 and the Dow Jones industrial average rose 1% and 0.7%, respectively. The IBD 50 surged 1.8%. Volume shrank on the NYSE and the Nasdaq. Friday was an options expirations day, making the lower volume somewhat surprising.
18 July, 2014 by The TZ Newswire Staff Comments Off on Russian Sanctions Retaliation Escalates: Dumps Intel/AMD And Now Foreign Cars
Russian Sanctions Retaliation Escalates: Dumps Intel/AMD And Now Foreign Cars
Ignoring for one second yesterday disastrous air crash in Ukraine, the ‘boomerang’ of sanctions continues to be thrown back and forth between the US and Russia. Having restricted Russian firm’s access to USD funding, Putin has come out swinging.
18 July, 2014 by The TZ Newswire Staff Comments Off on Skyworks Soars On Growth In Global Wireless Networks
Skyworks Soars On Growth In Global Wireless Networks
Skyworks Solutions (SWKS), which makes chips that enable wireless connectivity in smartphones, tablets and other devices, is seeing strong sales and profit growth. The company announced late Thursday that profit for its fiscal third quarter jumped a better-than-expected 54% to 83 cents a share. It marked the sixth straight quarter of accelerating profit growth.
18 July, 2014 by The TZ Newswire Staff Comments Off on When To Start Taking Social Security: Debate Rages On
When To Start Taking Social Security: Debate Rages On
Retired engineer Doug Diederich advocates starting Social Security as soon as possible. Some years ago, he and his wife both filed for Social Security retirement benefits at age 62. That was four years before their full retirement age and eight years before they could maximize their Social Security payouts (excluding the use of special strategies). Their early filing reduced their Social Security benefit 25%.
18 July, 2014 by The TZ Newswire Staff Comments Off on FleetCor Finding Support At 50-Day Line
FleetCor Finding Support At 50-Day Line
Sector Leaders rebounded along with the broad market Friday as FleetCor Technologies (FLT) found support at its 50-day moving average. The company, which came public in late 2010, is one of the top fuel-card providers in the U.S. for commercial vehicle fleets. It links gasoline stations with card users through its own electronic network. The stock climbed 0.91 to 129.55 after bouncing off the 50-day line.
18 July, 2014 by The TZ Newswire Staff Comments Off on EOG Resources Grows Into Major U.S. Oil Producer
EOG Resources Grows Into Major U.S. Oil Producer
It may not be as well known as Chevron (CVX) or Exxon Mobil (XOM), but EOG Resources has grown into a pretty big oil and gas firm. EOG Resources (EOG), with market capitalization of over $63 billion, has been growing fast as an exploration and production firm that specializes in horizontal drilling. Although it has operations in a few other countries, most of its work is in the U.S. and Canada.