22 August, 2014 by The TZ Newswire Staff Comments Off on I SaiD NoT NYeT…NoT NYeT…
I SaiD NoT NYeT…NoT NYeT…
22 August, 2014 by The TZ Newswire Staff Comments Off on Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion
Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion
Under the settlement with the Federal Housing Finance Agency, the conservator for the two government-controlled mortgage finance companies, Goldman Sachs said it agreed to pay $3.15 billion to repurchase mortgage-backed securities from Fannie and Freddie. The FHFA, which valued the settlement at $1.2 billion, said the accord “effectively makes Fannie Mae and Freddie Mac whole on their investments in the securities at issue.”
22 August, 2014 by The TZ Newswire Staff Comments Off on The dying American dream, perfectly illustrated with Legos
The dying American dream, perfectly illustrated with Legos
If you’re suffering from Ice Bucket Challenge fatigue, here’s another video worth watching: the dying American dream, perfectly illustrated in Lego bricks.
22 August, 2014 by The TZ Newswire Staff Comments Off on 3 Reasons the PowerShares QQQ ETF Could Rise
3 Reasons the PowerShares QQQ ETF Could Rise
22 August, 2014 by The TZ Newswire Staff Comments Off on Did Demand Concerns Spark The Biggest Drop In US Oil Rig Count Since 2012?
Did Demand Concerns Spark The Biggest Drop In US Oil Rig Count Since 2012?
Crude Oil and gasoline prices have been sliding notably recently, but, as Carl Larry, president of Oil Outlooks & Opinions LLC in Houston notes, “the focus is definitely on the U.S. and on concern about demand as we head into the maintenance season.” While Brent remains more concerned about Russia and Ukraine, WTI is “focused on supply, demand fundamentals,” which with production surging, leaves “everybody wondering if demand will stay steady.
22 August, 2014 by The TZ Newswire Staff Comments Off on Restoration Hardware’s Shift To Larger Stores
Restoration Hardware’s Shift To Larger Stores
Restoration Hardware (RH) operates over 80 stores offering decorative hardware, bath fixtures, furniture and lighting. It’s currently shedding smaller stores to focus on large-format locations to better showcase its products, increase sales and improve operating margins. It recently opened large-scale design galleries in Greenwich, Conn., and New York City, with plans for new stores in Los Angeles and Atlanta later this year.
22 August, 2014 by The TZ Newswire Staff Comments Off on Stocks End Week Quietly, But Breakouts Continue
Stocks End Week Quietly, But Breakouts Continue
Stocks ended mixed in slow trade Friday as the market greeted Federal Reserve chief Janet Yellen’s speech with a yawn. The Nasdaq tacked on 0.1%, while the S&P 500 retreated 0.2%. The IBD 50 strode 0.5% higher. Volume fell across the board. Yellen’s speech at the annual conference in Jackson Hole, Wyo., repeated themes that she had emphasized before. She said that the recent drop in the unemployment rate overstated the labor market’s health.