28 August, 2014 by The TZ Newswire Staff Comments Off on DSW Inc. is Fashionable Again, But Will the Good Times Last?
DSW Inc. is Fashionable Again, But Will the Good Times Last?
DSW is rising this week after delivering impressive quarterly results. But what catalysts exist to move the stock higher from here?
28 August, 2014 by The TZ Newswire Staff Comments Off on US recovery finally taking hold
US recovery finally taking hold
After a dismal winter that saw gross domestic product shift into reverse, the latest government data show the economy bounced back sharply in the spring.
28 August, 2014 by The TZ Newswire Staff Comments Off on Benmosche Sped AIG Exit With Year to Live; Repaid $182B, Beat 2010 Death Sentence
Benmosche Sped AIG Exit With Year to Live; Repaid $182B, Beat 2010 Death Sentence
Robert Benmosche, who is stepping down this weekend after five years as American International Group Inc.’s chief executive officer, said he learned in May that he had nine months to a year to live. “I said, ‘You know what, I’m not going to play the odds,'” Benmosche said in an exclusive interview with Bloomberg Television’s Betty Liu at his villa in Croatia.
28 August, 2014 by The TZ Newswire Staff Comments Off on Pending home sales rise sharply, point to stronger market
Pending home sales rise sharply, point to stronger market
Americans signed more contracts in July to buy previously-owned homes than in any month in almost a year, suggesting the housing market was pulling out of its slump more quickly than expected. The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on contracts signed last month, rose 3.3 percent to 105.9, the highest level since August 2013.
28 August, 2014 by The TZ Newswire Staff Comments Off on Bitcoin shows staying power as online merchants chase digital sparkle
Bitcoin shows staying power as online merchants chase digital sparkle
By Gertrude Chavez-Dreyfuss and Michael Connor NEW YORK (Reuters) – Bitcoin is catching on at U.S. “Retail payments aren’t broken.” There are also worries about bitcoin’s volatility: its price in U.S.
28 August, 2014 by The TZ Newswire Staff Comments Off on Goldman Sachs Cedes NYSE Post as Speed Traders Seize Stock Floor
Goldman Sachs Cedes NYSE Post as Speed Traders Seize Stock Floor
IMC Chicago LLC, just finished its takeover of Goldman Sachs Group Inc.’s NYSE unit, giving it rights to manage buying and selling of dozens of stocks including prominent ones like International Business Machines Corp., Verizon Communications Inc. and Visa Inc.
28 August, 2014 by The TZ Newswire Staff Comments Off on SEC Shelves Plan for Disclosures on Private Asset-Backed Bonds
SEC Shelves Plan for Disclosures on Private Asset-Backed Bonds
The U.S. Securities and Exchange Commission, while expanding disclosure requirements for one set of asset-backed securities, has stepped back from a plan to shed more light on a major part of the market.