4 August, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Oil futures hold onto overnight gains
Futures Movers: Oil futures hold onto overnight gains
Crude futures hold onto gains, with a technical price correction and some bargain-hunting after recent price falls largely responsible for that rise.
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4 August, 2014 by The TZ Newswire Staff Comments Off on London Markets: Standard Life supports FTSE 100’s gain; Meggitt drops
London Markets: Standard Life supports FTSE 100’s gain; Meggitt drops
U.K.
4 August, 2014 by The TZ Newswire Staff Comments Off on Exclusive: Wall Street banks take heart from leveraged loan exams
Exclusive: Wall Street banks take heart from leveraged loan exams
Wall Street banks have found a U.S. review of their junk-rated loans to have yielded similar results to last year, easing some concern among bankers about a crackdown on one of their most lucrative businesses. The Office of the Comptroller of Currency, the Federal Reserve and the Federal Deposit Insurance Corp, in an annual process called the Shared National Credit (SNC) review, examined bank portfolios for compliance with guidelines on leveraged loans that limit how much debt a company can take on.
4 August, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold stuck in tight range, awaits next cue
Metals Stocks: Gold stuck in tight range, awaits next cue
One analyst says it may be tough for gold to make meaningful direction in the next few sessions without a strong geopolitical or economic cue.
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4 August, 2014 by The TZ Newswire Staff Comments Off on Toyota beats estimates, US sales outlook raised
Toyota beats estimates, US sales outlook raised
Toyota Motor said it now expects consolidated groupwide North America sales of 2.71 million vehicles in the current fiscal year to March 2015.
4 August, 2014 by The TZ Newswire Staff Comments Off on XLY Forms Morning Star as Retails Catch a Bid
XLY Forms Morning Star as Retails Catch a Bid
Stocks rebounded on Monday with a broad advance that lifted most sectors and industry groups. The Materials SPDR and Energy SPDR led with 1+ percent gains. The Utilities SPDR lagged with a .54% loss. Of note, the Consumer Discretionary SPDR was the third strongest sector with a .97% gain. Strength in homebuilder, retailer and media stocks powered the consumer discretionary sector higher. The…
4 August, 2014 by The TZ Newswire Staff Comments Off on Ebola: Up to $260M pledged to fight disease
Ebola: Up to $260M pledged to fight disease
Up to $260 million has been pledged by international funds to help countries struck by Ebola.