21 August, 2014 by The TZ Newswire Staff Comments Off on Wall Street opens flat ahead of Jackson Hole meeting
Wall Street opens flat ahead of Jackson Hole meeting
U.S. stocks opened little changed on Thursday as many investors held off on making bets ahead of the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming, though jobless claims …
21 August, 2014 by The TZ Newswire Staff Comments Off on Alpha Omega Advises Trading Desks Use FIX to Boost Post-Trade Efficiency
Alpha Omega Advises Trading Desks Use FIX to Boost Post-Trade Efficiency
Cost cutting has become a fact of life everyday on Wall Street and especially in the equities markets where commissions have been stagnant for years. While staffing, broker lists and electronic pre-trade services have all been trimmed, now is the time to look at the post-trade side of things and use the FIX Protocol to do so, according to one vendor.
21 August, 2014 by The TZ Newswire Staff Comments Off on Stocks Open Higher, Turn Mixed; Illumina Rises, Autohome Slips
Stocks Open Higher, Turn Mixed; Illumina Rises, Autohome Slips
Stocks opened with an uptick Thursday, then quickly turned mixed despite a strong dose of support from economic data and reports. The Dow Jones industrial average climbed 0.2%. The Nasdaq reversed early gains and slipped 0.2%, and the S&P 500 added 0.1%. Volume was also mixed, up 3% on the NYSE and 25% lower on the Nasdaq. The stock market today sets out with the current uptrend in good standing.
21 August, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: U.S. judge to hold hearing in Argentina debt dispute Thursday
The Wall Street Journal: U.S. judge to hold hearing in Argentina debt dispute Thursday
Hearing scheduled after Argentina officials unveiled a plan to circumvent judge’s orders.
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21 August, 2014 by The TZ Newswire Staff Comments Off on Ukraine’s president poised to dissolve parliament
Ukraine’s president poised to dissolve parliament
Ukrainian President Petro Poroshenko may announce the dissolution of parliament as early as Sunday, his spokesman said.
21 August, 2014 by The TZ Newswire Staff Comments Off on CalPERS cuts stake in a big tech firm
CalPERS cuts stake in a big tech firm
The largest public pension has quietly reduced its investment in one of the largest technology investment firms.
21 August, 2014 by The TZ Newswire Staff Comments Off on Economic Report: Philly Fed, flash PMI point to manufacturing optimism
Economic Report: Philly Fed, flash PMI point to manufacturing optimism
Two readings of manufacturing sentiment in August reached their best level in at least three years, in further signals that factory output is advancing.
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