8 August, 2014 by The TZ Newswire Staff Comments Off on Stock Mutual Funds Continue Lower
Stock Mutual Funds Continue Lower
U.S. stock and world equity mutual funds fell for a second straight week, with world equity and large-cap value taking the brunt of the blows this time. The average U.S. stock fund fell 0.77% in the five-session period that ended Aug. 7, led lower by large-cap value funds’ 1.26% drop, according to Lipper data. Investors in U.S. equity funds have seen their year-to-date returns whittled down to 1.18%.
8 August, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Judge rules against NCAA in Ed O’Bannon lawsuit
The Wall Street Journal: Judge rules against NCAA in Ed O’Bannon lawsuit
A federal judge ruled Friday that the NCAA’s ban on paying players for use of their likeness violates antitrust law, the biggest step yet toward overhauling collegiate sports.
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8 August, 2014 by The TZ Newswire Staff Comments Off on Ontario Hospital Treating Nigerian Passenger With Ebola-Like Symptoms
Ontario Hospital Treating Nigerian Passenger With Ebola-Like Symptoms
It appears – just as CDC Director Frieden feared – that an escalation of the Ebola virus in Nigeria would mean major risks. While it is too soon for results, City News is reporting that Brampton Civic hospital is taking precautionary measures after a patient who recently travelled to Canada from Nigeria came down with a fever and other flu-like symptoms.
8 August, 2014 by The TZ Newswire Staff Comments Off on Stocks Cap Week With Solid Gains But Volume Disappoints
Stocks Cap Week With Solid Gains But Volume Disappoints
Major averages capped the week with solid gains in lighter volume Friday, undeterred by news of multiple U.S. airstrikes in Iraq. The rally gained steam in the second half of the session on news that Russian troops ended military exercises near the Ukraine border. The S&P 500 rose 1.2%, its best one-day percentage gain since early March, but the index is still below its 50-day moving average.
8 August, 2014 by The TZ Newswire Staff Comments Off on Washington Opened The Gates Of Hell In Iraq: Now Come The Furies
Washington Opened The Gates Of Hell In Iraq: Now Come The Furies
Submitted by David Stockman via Contra Corner blog,
The late, great critic of the American Imperium, Chalmers Johnson, popularized the salient concept of “blowback”. That is, the notion that if you bomb, drone, invade, desecrate and slaughter – collaterally or otherwise – a people and their lands, they might find ways to return the favor.
8 August, 2014 by The TZ Newswire Staff Comments Off on Earnings Lift Air Methods, Avis, Tessera To New Highs
Earnings Lift Air Methods, Avis, Tessera To New Highs
Stocks hitting new highs held or extended their gains as the market rallied into the close Friday. Air Methods (AIRM) gapped up and soared 6.62, or 12%, to 59.81, breaking out from a choppy double-bottom base in huge turnover. It’s now 4% past the 57.72 buy point. The air-ambulance operator topped Q2 earnings and revenue forecasts after hours Thursday.
8 August, 2014 by The TZ Newswire Staff Comments Off on Can WhiteWave Foods Milk New Gains From Latest Base?
Can WhiteWave Foods Milk New Gains From Latest Base?
WhiteWave Foods (WWAV) makes plant-based food, beverages, coffee creamers and dairy products sold under brands such as Horizon, Silk, Alpro and International Delight. It’s been a pioneer in turning organic and alternative offerings, such as almond milk, into more mainstream products. This year, WhiteWave launched a new branded creamer with Dunkin’ Brands (DNKN), the operator of Dunkin’ Donuts and Baskin-Robbins.