15 August, 2014 by The TZ Newswire Staff Comments Off on Week In Funds: Stock Funds Rally
Week In Funds: Stock Funds Rally
Stock funds halted a two-week slide with solid gains in the latest week amid a rallying stock market, according to Lipper data. The average U.S. diversified stock fund rose 2.14% in the week ended Aug. 14, putting its year-to-date gain at 3.37%. Large-cap growth mutual funds led the surge in the week ended Aug. 14 with a 2.52% climb.
15 August, 2014 by The TZ Newswire Staff Comments Off on Biotech Leader Gilead Sciences Scores Sovaldi Win
Biotech Leader Gilead Sciences Scores Sovaldi Win
Biotech firm Gilead Sciences rose sharply Friday, having touched a new high above 99, after it won a dispute with Roche over rights to its blockbuster hepatitis C drug, which separately was endorsed by the U.K.’s cost-benefit authority. The stock added 3.13 to 99.49 in heavy volume, ending the week up 8%. Gilead Sciences (GILD) is a member of the IBD Sector Leaders as of Friday’s paper.
15 August, 2014 by The TZ Newswire Staff Comments Off on Jazz Pharmaceuticals Is Taking Two Routes To Growth
Jazz Pharmaceuticals Is Taking Two Routes To Growth
Companies can grow organically or through acquisitions. Drugmaker Jazz Pharmaceuticals (JAZZ) is taking both routes. Demand for the company’s flagship Xyrem narcolepsy treatment continues to be red hot. Sales jumped 36% and 42% in the first and second quarters of the year, respectively. Xyrem made up 65% of Jazz’s total revenue in 2013. The leukemia treatment Erwinaze is also doing well.
15 August, 2014 by The TZ Newswire Staff Comments Off on Why big employers like Starbucks have all the leverage
Why big employers like Starbucks have all the leverage
Here are 5 reasons big companies can basically have their way with workers.
15 August, 2014 by The TZ Newswire Staff Comments Off on Kudlow: Stop making excuses for slow growth
Kudlow: Stop making excuses for slow growth
Many economists are writing off 2% growth as “secular stagnation.” To quote JFK, “We can do bettah!,” Larry Kudlow and Stephen Moore say.
15 August, 2014 by The TZ Newswire Staff Comments Off on NewsWatch: Stocks trim Ukraine-inspired fall, post weekly gain
NewsWatch: Stocks trim Ukraine-inspired fall, post weekly gain
Stocks end mostly lower but trim losses scored after reports Ukrainian forces destroyed Russian military units that crossed on its territory spurred a flight into safe-haven assets.
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15 August, 2014 by The TZ Newswire Staff Comments Off on 5 Things To Ponder: Multifarious Cogitation
5 Things To Ponder: Multifarious Cogitation
Submitted by Lance Roberts of STA Wealth Management,