22 July, 2014 by The TZ Newswire Staff Comments Off on Apple revenue lags Street forecasts
Apple revenue lags Street forecasts
Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, after selling 35.2 million iPhones in an increasingly competitive smartphone market. Shares in Apple held steady at $94.72 on Nasdaq after the news. Many investors expect Apple to make a play for the wearable device market with a sensor-laden smart watch, dubbed iWatch.
22 July, 2014 by The TZ Newswire Staff Comments Off on Three companies likely to choke this earnings season
Three companies likely to choke this earnings season
We talk to USA Today Markets Reporter Matt Krantz about the four companies in the S&P 500 that have missed earnings expectations for the last four calendar quarters.
22 July, 2014 by The TZ Newswire Staff Comments Off on Softer Inflation Growth Spurs Equity Gains
Softer Inflation Growth Spurs Equity Gains
Today’s financial recap and tomorrow’s financial outlook.
22 July, 2014 by The TZ Newswire Staff Comments Off on E-cigarettes may not be the savior of the tobacco industry
E-cigarettes may not be the savior of the tobacco industry
Tobacco companies betting that electronic cigarettes will help stem declining sales may be disappointed.
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22 July, 2014 by The TZ Newswire Staff Comments Off on Lloyds, RBS, Barclays, and HSBC: Britain’s Big Four Banks Face A Big Breakup Threat
Lloyds, RBS, Barclays, and HSBC: Britain’s Big Four Banks Face A Big Breakup Threat
Breaking up Britain’s long-standing “big four” banks has become a political hot-button issue heading into the May election. What this could mean, who is most at risk, and why it could be good news for some investors.
22 July, 2014 by The TZ Newswire Staff Comments Off on Activist Investors Have Had Enough of This Restaurant’s CEO and Board
Activist Investors Have Had Enough of This Restaurant’s CEO and Board
Starboard Value’s latest letter to Darden Restaurants signals that the activist investor has had enough of management and the board of directors.
22 July, 2014 by The TZ Newswire Staff Comments Off on The Biggest Threat to Potash Corp
The Biggest Threat to Potash Corp
Oversupply has plagued the fertilizer industry over the past half-decade, and potash may still not be in the clear despite consistent demand.