24 July, 2014 by The TZ Newswire Staff Comments Off on Starbucks earnings, revenue beat Street estimates
Starbucks earnings, revenue beat Street estimates
The Seattle-based coffee company posted fiscal third-quarter earnings of 67 cents per share on $4.14 billion in revenue.
24 July, 2014 by The TZ Newswire Staff Comments Off on With Americans Back on the Road, Is Pep Boys a Good Bet?
With Americans Back on the Road, Is Pep Boys a Good Bet?
Shareholders in Pep Boys have been waiting for a spark to ignite profit growth and a higher market valuation for the company. Could a rise in miles driven by Americans be just what the doctor ordered?
24 July, 2014 by The TZ Newswire Staff Comments Off on With Americans Back on the Road, Is Pep Boys a Good Bet?
With Americans Back on the Road, Is Pep Boys a Good Bet?
Shareholders in Pep Boys have been waiting for a spark to ignite profit growth and a higher market valuation for the company. Could a rise in miles driven by Americans be just what the doctor ordered?
24 July, 2014 by The TZ Newswire Staff Comments Off on Bonds & Bullion Tumble As Stocks Stumble On Macro Weakness
Bonds & Bullion Tumble As Stocks Stumble On Macro Weakness
Treasury yields pushed 4-5bps higher on the day – the worst in 3 weeks – as yesterday’s test of 2014 lows saw some reactive bond-selling. Asian and EU PMIs sent stocks to record-er highs but absymal US PMI and housing data took the shine off the exuberance early on (despite the best efforts at a 5th short-squeeze ramp at the open in a row). AUDJPY was in charge of stocks once again helping the S&P desperatly cling to unchanged. Espirito Santo bankruptcy headlines stumbled stocks at around 1300ET (but that dip was bought).
24 July, 2014 by The TZ Newswire Staff Comments Off on Bonds & Bullion Tumble As Stocks Stumble On Macro Weakness
Bonds & Bullion Tumble As Stocks Stumble On Macro Weakness
Treasury yields pushed 4-5bps higher on the day – the worst in 3 weeks – as yesterday’s test of 2014 lows saw some reactive bond-selling. Asian and EU PMIs sent stocks to record-er highs but absymal US PMI and housing data took the shine off the exuberance early on (despite the best efforts at a 5th short-squeeze ramp at the open in a row). AUDJPY was in charge of stocks once again helping the S&P desperatly cling to unchanged. Espirito Santo bankruptcy headlines stumbled stocks at around 1300ET (but that dip was bought).
24 July, 2014 by The TZ Newswire Staff Comments Off on Euro gets lift from business activity data, China PMI helps emerging stocks
Euro gets lift from business activity data, China PMI helps emerging stocks
The euro pulled off 8-month lows against the dollar on Thursday after the bloc’s private sector expanded at its fastest rate in three months in July, and emerging equities hovered near 17-month highs after …
24 July, 2014 by The TZ Newswire Staff Comments Off on ECB hacked: Data stolen from central bank
ECB hacked: Data stolen from central bank
Email addresses and other contact information stored at the European Central Bank (ECB) have been stolen, the organization confirmed on Thursday.