1 August, 2014 by The TZ Newswire Staff Comments Off on Exclusive: JPMorgan’s proposed $4.5 billion deal to be accepted for most trusts- source
Exclusive: JPMorgan’s proposed $4.5 billion deal to be accepted for most trusts- source
Trustees representing investors in JPMorgan Chase & Co’s $4.5 billion settlement over money-losing mortgage-backed securities are expected to accept the bank’s proposal for the vast majority of their trusts, according to a person familiar with the matter. The seven trustees overseeing the securities will accept the deal for all but perhaps two dozen of the 330 trusts included in the offer, the person said. Trustees may poll bondholders in some trusts to see if they would pursue claims if the offer is rejected, the person said.
1 August, 2014 by The TZ Newswire Staff Comments Off on Humanity May Face Choice By 2040: Conventional Energy Or Drinking Water
Humanity May Face Choice By 2040: Conventional Energy Or Drinking Water
Submitted by Andy Tully via OilPrice.com,
A set of studies based on three years of research concludes that by 2040, the need for drinking water and water for use in energy production will create dire shortages.
1 August, 2014 by The TZ Newswire Staff Comments Off on Is Air Canada On Final Approach?
Is Air Canada On Final Approach?
Air Canada (AC/B.TO) has been a phenomenal stock for the last 2 years. From July 2012 to July 2014 the stock went from $1 to over $10 for a 1000% gain. I recently covered off the stock in June, but today is a compelling day to look at the stock.
First of all, earnings are scheduled for August 7th, 2014 so that will be the next catalyst for the stock.
1 August, 2014 by The TZ Newswire Staff Comments Off on Why PB&J should be the ‘sandwich of the summer’
Why PB&J should be the ‘sandwich of the summer’
Parents, stop making your kids patty melts, BLTs and ham-and-cheese sandwiches — that is, if you want to save money.
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1 August, 2014 by The TZ Newswire Staff Comments Off on Shamu gets the hook in Southwest/SeaWorld split
Shamu gets the hook in Southwest/SeaWorld split
About 180 gallons of paint will mark the end of a decades-long partnership between Southwest Airlines and SeaWorld.
1 August, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold snaps losing streak after jobs data
Metals Stocks: Gold snaps losing streak after jobs data
Gold futures snaps a three-day losing streak as the U.S.
1 August, 2014 by The TZ Newswire Staff Comments Off on Market Dip… Or the Start of Something Bigger?
Market Dip… Or the Start of Something Bigger?
The market has been so overbought for so long, that most investors were ignoring the clear warning signs that we were in trouble.
For instance…
The Russell 2000 had diverged sharply from the S&P 500:
The same goes for high yield credit:
