23 August, 2014 by The TZ Newswire Staff Comments Off on Gap Q2 2014: The Smooth Operator
Gap Q2 2014: The Smooth Operator
By WestEnd511:
Gap’s (NYSE:GPS) headline Q2 EPS of $0.74 beat consensus $0.69 mainly due to disciplined cost control. Revenue of $3.98b (+3% y/y) was in line with consensus and driven by strength in Old Navy where comps was +4%. Inventory management was encouraging as total inventory was up 6% y/y vs. 3% sales growth, the smallest gap since end of 2012.
23 August, 2014 by The TZ Newswire Staff Comments Off on AGe OF TeRRoR…
AGe OF TeRRoR…
23 August, 2014 by The TZ Newswire Staff Comments Off on Stellar Econ Data This Week
Stellar Econ Data This Week
23 August, 2014 by The TZ Newswire Staff Comments Off on Putin’s Chief ‘Integration’ Advisor Warns "Transition Has Always Come About Through War"
Putin’s Chief ‘Integration’ Advisor Warns "Transition Has Always Come About Through War"
When we last met Sergei Glazyev, Vladimir Putin’s chief ‘integration’ adviser (who has been regularly featured on these pages in the past (see Putin Adviser Threatens With Dumping US Treasurys, Abandoning Dollar If US Proceeds With Sanctions and read more
23 August, 2014 by The TZ Newswire Staff Comments Off on The G-20’s Solution To Systemically Unstable, "Too Big To Fail" Banks: More Debt
The G-20’s Solution To Systemically Unstable, "Too Big To Fail" Banks: More Debt
It’s been 6 years since Lehman went bankrupt overnight, stunning bondholders who were forced to reprice Lehman bonds from 80 to 8 (see chart below) in a millisecond, and launching the world’s worst depression since the 1930s, which courtesy of some $10 trillion in central bank liquidity injections, has been split up into several more palatable for public consumptions “recessions”, of which Europe is about to succumb to the third consecutive one even if for the time being the Fed’s has succeeded in if not breaking the business cycle, then certainly delaying the inevitable onset of t
23 August, 2014 by The TZ Newswire Staff Comments Off on Europe’s Real Borrowing Costs
Europe’s Real Borrowing Costs
Just what Europe needs… more QE… this is the real problem – not only is demand for credit weak in the periphery as the balance sheet recession rolls on, but “real” borrowing costs are at near-record highs… Despite Draghi’s earlier comments and promises, cramming SME loans down the throats of borrowers at suppressed risks will do nothing but kill bank balance sheets (most critically the ECB’s)…
These are “market” rates… i.e. what real risk is being priced at away from the hand of Draghi…
23 August, 2014 by The TZ Newswire Staff Comments Off on Why Don’t Muslims Speak Out Against ISIS?!
Why Don’t Muslims Speak Out Against ISIS?!
ABC News’ Laura Ingraham, Fox News’ Sean Hannity, Fox & Friends and other U.S.