28 July, 2014 by The TZ Newswire Staff Comments Off on China’s struggling housing market has one bright spot
China’s struggling housing market has one bright spot
Home prices are falling across China, but there is one exception: those in coveted school districts.
28 July, 2014 by The TZ Newswire Staff Comments Off on Citi to hire 100 bankers in Asia, eyes more business from smaller clients
Citi to hire 100 bankers in Asia, eyes more business from smaller clients
Citigroup plans to hire as many as 100 bankers in a renewed push into Asia-Pacific commercial banking, following in rival HSBC’s footsteps with a strategy that focuses on selling smaller corporate clients a wider range of products. Global banks like Citi and HSBC are now concentrating on small to medium-sized clients due to a dwindling number of $10 billion-plus IPOs from Chinese state-owned companies – deals which had sustained investment banks in the region over the last decade.
28 July, 2014 by The TZ Newswire Staff Comments Off on Consumer Reports wants Toyota to recall older Camry hybrids
Consumer Reports wants Toyota to recall older Camry hybrids
An influential consumer magazine on Monday called on Toyota Motor Corp to recall about 177,500 older Camry hybrid sedans to address potential power brake defects. Consumer Reports, which many consumers use when studying what vehicles to buy, said the Japanese automaker’s decision to call for a service campaign or a warranty extension on two different problems covering cars from model years 2007 to 2011 does not go far enough. Under a service campaign, an automaker repairs cars as they are brought back to dealers by consumers.
28 July, 2014 by The TZ Newswire Staff Comments Off on Use of the word ‘bubble’ reaches worrying levels
Use of the word ‘bubble’ reaches worrying levels
The word “bubble” in association with markets has been mentioned in the press 4,600 times this year, and it could be worrying if the trend continues, analysts warn.
28 July, 2014 by The TZ Newswire Staff Comments Off on Potash Corp. Q2 EPS Clears Low Bar, Year Over Year Sales And Earnings Lower
Potash Corp. Q2 EPS Clears Low Bar, Year Over Year Sales And Earnings Lower
By The Mays Report:
While Potash Corp. (NYSE:POT) reported better than expected earnings per share of $0.56 on July 24, investors should still be wondering when the negative year over year comparisons will end. Sales volumes and average price in two of the firm’s three operating segments remain lower on a year over year basis while overall gross margins and net income are also down.
28 July, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Israel says it’s escalating Gaza campaign
The Wall Street Journal: Israel says it’s escalating Gaza campaign
Israel’s leaders say they are escalating the military campaign in Gaza and tell the country to prepare for a prolonged operation, defying international demands for an immediate cease-fire after Hamas militants break a Muslim holiday lull.
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28 July, 2014 by The TZ Newswire Staff Comments Off on Twitter: The Good, The Bad, And The Ugly
Twitter: The Good, The Bad, And The Ugly
ByPrice Point:
Twitter (NYSE:TWTR) impacts the daily lives of millions of its users and has evolved into a go-to-resource for up-to-date information on news, events and sports. It has fundamentally changed the way people consume real-time news and information. Whenever a major event unfolds, from political upheaval in the Middle East to Academy Awards (33 billion tweets about the show in just two days), Twitter is very prominent.