2 September, 2014 by The TZ Newswire Staff Comments Off on Regeneron Leads Broad Range Of Stocks To New Highs
Regeneron Leads Broad Range Of Stocks To New Highs
A broad range of top-rated stocks hit new highs Tuesday even as the market ended mixed. Stocks in the pharmaceuticals, transportation and software industries turned in some of the strongest performances. Regeneron Pharmaceuticals (REGN) rose 9.05, or 3% to 359.50, after results of its phase-three trial of cholesterol drug alirocumab showed reduced risk of heart attack and stroke.
2 September, 2014 by The TZ Newswire Staff Comments Off on Trafigura sells Texas oil terminal to Buckeye
Trafigura sells Texas oil terminal to Buckeye
Buckeye Partners pays $860 million for 80% stake in deepwater oil storage and shipping facility near Corpus Christi.
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2 September, 2014 by The TZ Newswire Staff Comments Off on Hearing on Detroit’s bankruptcy begins in court
Hearing on Detroit’s bankruptcy begins in court
The key hearing on the biggest municipal bankruptcy in U.S. history started on Tuesday in a federal courtroom.
2 September, 2014 by The TZ Newswire Staff Comments Off on 3 Important Gold Charts – Transparent Holdings Fall As Bullion Goes East To Russia and China
3 Important Gold Charts – Transparent Holdings Fall As Bullion Goes East To Russia and China
2 September, 2014 by The TZ Newswire Staff Comments Off on Back To The Future
Back To The Future
Submitted by Tim Price via Sovereign Man blog,
2 September, 2014 by The TZ Newswire Staff Comments Off on Brent oil sinks to 16-month low on demand fears, strong dollar
Brent oil sinks to 16-month low on demand fears, strong dollar
Brent crude oil futures fell to the lowest level in 16 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pushed U.S. Oil prices on both sides of the Atlantic have been in steady decline since the end of June as concerns faded over supply disruptions from Iraq, Libya and Russia. Brent crude for October delivery fell $2.45 to settle at $100.34 a barrel, its lowest closing price since May 1, 2013.
2 September, 2014 by The TZ Newswire Staff Comments Off on Why a rising jobless rate could be good for Janet Yellen
Why a rising jobless rate could be good for Janet Yellen
A rise in joblessness would be proof that Janet Yellen’s theory of the labor market-that there’s lots of extra workers out there-is accurate.