25 July, 2014 by The TZ Newswire Staff Comments Off on S&P could hit 2,300 in 12 months, pro says
S&P could hit 2,300 in 12 months, pro says
The market has been hitting new highs and its run is only going to continue, two investing pros told CNBC Friday.
25 July, 2014 by The TZ Newswire Staff Comments Off on Pentagon: Russian missiles to separatists imminent
Pentagon: Russian missiles to separatists imminent
Intelligence indicates that Russia plans to soon provide more sophisticated weaponry to Ukrainian separatists, the Pentagon said.
25 July, 2014 by The TZ Newswire Staff Comments Off on Wal-Mart’s new U.S. chief faces empty shelves, grumpy shoppers
Wal-Mart’s new U.S. chief faces empty shelves, grumpy shoppers
Empty shelves, grumpy customers, long lines at the register: These are just some of the challenges facing Wal-Mart Stores Inc. (WMT)’s new U.S. chief. Greg Foran, who takes charge Aug. 9, inherits a chain wedded to an outdated big-box model, struggling to increase sales in its stores and online, and losing customers because it can’t keep stores adequately stocked. The sluggish U.S. performance contributed to lower-than-projected sales and profit in the quarter that ended April 30. Wal-Mart’s profit forecast for the current quarter also came in lower than analysts’ estimates.
25 July, 2014 by The TZ Newswire Staff Comments Off on Amazon investors stunned by size of projected loss
Amazon investors stunned by size of projected loss
For Amazon, it was a fairly normal quarter right up until the company suggested it would lose between $410 and $810 million in the current quarter.
25 July, 2014 by The TZ Newswire Staff Comments Off on How one mutual fund repeatedly trounces the competition
How one mutual fund repeatedly trounces the competition
According to a new study by S.&P. Dow Jones Indicies, only two out of 2,862 mutual funds managed to attain top-quartile performance for the five years between March 2010 and current day. One of those two funds was the family-run Hodges Small Cap Fund based in Dallas, Texas.
25 July, 2014 by The TZ Newswire Staff Comments Off on How rich is Mark Zuckerberg?
How rich is Mark Zuckerberg?
A busy week for tech company earnings reports had one clear winner: Facebook founder and CEO Mark Zuckerberg.
25 July, 2014 by The TZ Newswire Staff Comments Off on As S&P nears 2,014 in 2014, is the market’s ‘liftoff’ ending?
As S&P nears 2,014 in 2014, is the market’s ‘liftoff’ ending?
Aside from providing a cute bit of symmetry, if the S&P 500 hits the 2014 level this year it will represent exactly a 50% gain for the powerful market levitation that began after the post-election selloff in November 2012. The winds behind this rally may be shifting.