12 August, 2014 by The TZ Newswire Staff Comments Off on Bubble Market Stunner: Revenueless Biotech Goes Public, Drops, Trades For Six Days, Then Voids Entire IPO
Bubble Market Stunner: Revenueless Biotech Goes Public, Drops, Trades For Six Days, Then Voids Entire IPO
In what is certainly a historic, and quite stunning, market first, not to mention prima facie evidence that Janet Yellen was right about the biotech (and not only) bubble, last week the equity markets experienced something that has not happened in decades: a biotech firm went public, traded for six days, only to announce Friday that it would void its IPO and won’t issue shares after all, thanks to a key investor’s failure to follow through on a commitment to buy stock.
12 August, 2014 by The TZ Newswire Staff Comments Off on Vimeo draws YouTube stars with promise of money
Vimeo draws YouTube stars with promise of money
YouTube stars can draw millions of followers, but now a rival is looking to steal some of its marquee names—and draw more viewers.
12 August, 2014 by The TZ Newswire Staff Comments Off on Why Your Carrier Wants You to Buy a Samsung Galaxy Instead of an Apple iPhone
Why Your Carrier Wants You to Buy a Samsung Galaxy Instead of an Apple iPhone
Samsung’s heavy spending on sales commissions and kickbacks go a long way with winning over retail sales reps.
12 August, 2014 by The TZ Newswire Staff Comments Off on ConocoPhillips Earnings: Growth Where It Matters Most
ConocoPhillips Earnings: Growth Where It Matters Most
ConocoPhillips’ second-quarter results were strong, with future results expected to follow suit.
12 August, 2014 by The TZ Newswire Staff Comments Off on Bond Report: Treasurys consolidate ahead of fresh supply
Bond Report: Treasurys consolidate ahead of fresh supply
U.S.
12 August, 2014 by The TZ Newswire Staff Comments Off on The REAL Reason for New U.S. and French Military Involvement In Iraq
The REAL Reason for New U.S. and French Military Involvement In Iraq
Why is Obama now re-committing the U.S. military to Iraq? Why is France strongly backing military action?
12 August, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Atlantic City’s Revel Casino to close
The Wall Street Journal: Atlantic City’s Revel Casino to close
Atlantic City’s Revel Casino Hotel to close its doors, laying off more than 3,100, no later than Sept.