12 August, 2014 by The TZ Newswire Staff Comments Off on Is ExOne a Buy Today?
Is ExOne a Buy Today?
12 August, 2014 by The TZ Newswire Staff Comments Off on This will ‘pull the rug out’ from market: LaVorgna
This will ‘pull the rug out’ from market: LaVorgna
Joe LaVorgna of Deutsche Bank warns that the Fed will raise rates without worrying about the market’s reaction.
12 August, 2014 by The TZ Newswire Staff Comments Off on Stocks Worsen In Late Trade; Nasdaq Cuts 50-Day Line
Stocks Worsen In Late Trade; Nasdaq Cuts 50-Day Line
Stocks slumped in late trading Tuesday after earlier rebound attempts gave way. The Nasdaq fell 0.6% to a fresh session low. It also breached its 50-day line. The S&P 500 and the Dow Jones industrial average lost 0.4% and 0.3%, respectively. Volume was tracking lower across the board in the stock market today. Kate Spade (KATE) widened its loss to 23% after staging an ugly downside reversal.
12 August, 2014 by The TZ Newswire Staff Comments Off on The Total Mispricing of Risk Courtesy of the Fed
The Total Mispricing of Risk Courtesy of the Fed
The Fed has bet the financial system on academic theories, that upon close inspection defy even basic common sense.
One could easily write a multi-volume set of books on the Fed’s mistakes. However, in its simplest rending, the biggest flaw in the Fed’s models pertains to its total lack of understanding of human behavior.
12 August, 2014 by The TZ Newswire Staff Comments Off on Done deal: Ballmer gets the LA Clippers
Done deal: Ballmer gets the LA Clippers
The sale of the Los Angeles Clippers, ensnared for months by legal challenges, is finally official.
12 August, 2014 by The TZ Newswire Staff Comments Off on Once a European financial stalwart, Germany now in trouble
Once a European financial stalwart, Germany now in trouble
The standoff between Russia and the European Union is hurting the outlook for Germany. Europe’s biggest economy may have contracted for the first time since 2012 in the second quarter. We get Germany’s GDP data on Thursday, but Bob Doll, chief equity strategist at Nuveen Asset Management says Europe was fragile to begin with and then the standoff happened.
12 August, 2014 by The TZ Newswire Staff Comments Off on Activist investor turns up heat on Bob Evans
Activist investor turns up heat on Bob Evans
Sandell Asset Management is proposing a board takeover at family-restaurant chain Bob Evans Farms, pressing for the company to shed its grocery unit, raise cash from real estate holdings and slash expenses. Management is fiercely opposed. Shareholders vote next week on the company’s future.