2 September, 2014 by The TZ Newswire Staff Comments Off on S&P 500 unlikely to budge far from 2,000
S&P 500 unlikely to budge far from 2,000
Like Tuesday, investors on Wednesday could bypass upcoming economic reports, with the S&P 500 fluctuating around all-time highs.
2 September, 2014 by The TZ Newswire Staff Comments Off on Biotechnology ETFs Show Robust Health In August
Biotechnology ETFs Show Robust Health In August
Sell in May and go away? Not with this summer’s hot action. In August, investors dumped ETFs that short the stock market — and picked up a healthy shot of gains from biotechnology funds. First Trust NYSE Arca Biotech (FBT) popped 14% to an all-time high last month, outperforming all nonleveraged ETFs. It has rocketed 57% from a 52-week low of 59.09 amid a brightening sector outlook.
2 September, 2014 by The TZ Newswire Staff Comments Off on Oil Slides Amid Concerns About Global Economy
Oil Slides Amid Concerns About Global Economy
Brent crude futures slumped to a 16-month low and West Texas intermediate dropped to the lowest level since January on concern slower manufacturing from Europe to China will curb global oil demand. WTI dropped for the first time in five days as the end of the peak driving season heralded the start of refinery maintenance. Gasoline futures reached the lowest level for a front-month contract since November.
2 September, 2014 by The TZ Newswire Staff Comments Off on Slide Show: How phone sizes have changed ahead of Apple’s iPhone 6
Slide Show: How phone sizes have changed ahead of Apple’s iPhone 6
One of the biggest questions in the coming Apple iPhone 6 rollout is size. Of course, there have been many phone trends and fads through the years.
2 September, 2014 by The TZ Newswire Staff Comments Off on 3 Reasons iRobot Coproration’s Stock Could Fall
3 Reasons iRobot Coproration’s Stock Could Fall
We’re taking a 360-degree look at the leading consumer robotics company. This piece explores the bear argument thesis.
2 September, 2014 by The TZ Newswire Staff Comments Off on China Will Revise Its GDP Definition Until Its Hits Government "Growth Targets", Goldman Explains
China Will Revise Its GDP Definition Until Its Hits Government "Growth Targets", Goldman Explains
Previously we have commented that when all it takes for a country to “hit” its GDP target, is to adjust said definition by adding the benefit of estimated ancillary items as prostitution and drugs, GDP loses all relevancy and meaning in its transformation to an arbitrary, goalseeked policy measurement and validation tool straight out of China’s Department of Truth. After all how else would the Spanish political kleptocracy boast the “favorable” impact of its disastrous policies if it wasn’t for a slew of recent definitional revisions.
2 September, 2014 by The TZ Newswire Staff Comments Off on Booming Biotech Market Benefits REIT BioMed Realty
Booming Biotech Market Benefits REIT BioMed Realty
Biotech stocks are on the move again. So is a real estate investment trust that leases office and lab space to life science companies. San Diego is home to professional sports teams such as the Chargers and Padres. It’s also a biotech hotbed — which has been good for business at BioMed Realty Trust (BMR). BioMed has a market capitalization of $4.4 billion and currently yields 4.5%.