6 September, 2014 by The TZ Newswire Staff Comments Off on STiNKiN’ CHaNGeS…
STiNKiN’ CHaNGeS…
6 September, 2014 by The TZ Newswire Staff Comments Off on Pfizer: You Won’t Fool Me Twice
Pfizer: You Won’t Fool Me Twice
Pfizer (NYSE:PFE) tried to buy up AstraZeneca (NYSE:AZN) back in May in an effort to take advantage of the tax inversion craze. But AstraZeneca rejected the bid, noting that the $106.5 billion bid just didn’t fully recognize the company’s value.
6 September, 2014 by The TZ Newswire Staff Comments Off on EUR/USD Weekly Outlook: Is EUR/USD Finally Primed For A Bounce?
EUR/USD Weekly Outlook: Is EUR/USD Finally Primed For A Bounce?
By Cliff Wachtel:
Did the EURUSD’s surprise new stimulus, likely the last for 2014, signal an end to bad news for the EUR? FX Traders’ weekly EURUSD fundamental & technical picture
Technical Outlook
(click to enlarge)
EURUSD Weekly Chart August 26 2014 to Present
6 September, 2014 by The TZ Newswire Staff Comments Off on Retailers hoping Fashion Week will boost sales
Retailers hoping Fashion Week will boost sales
It’s time to strut in front of the cameras. New York Fashion Week, and its army of 116,000 fashionistas, descended upon the city late last week for the twice-yearly extravaganza that seems to only…
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6 September, 2014 by The TZ Newswire Staff Comments Off on All Three Dow Averages Are Rising Together
All Three Dow Averages Are Rising Together
My Wednesday message showed the Dow Industrials and Transports testing their summer highs. The bars on top of Chart 7 show that the Dow Transports have hit new highs (led by rails and truckers). The Dow Industrials, however, are still testing their July peak. The Industrials need to hit a new high to confirm the upside breakout in the Transports. Odds for an upside breakout appear pretty good however. It’s usually a good sign for the industrials when the more economically-sensitive transports are leading it higher.
6 September, 2014 by The TZ Newswire Staff Comments Off on Update: Bullish On Ford Despite China Recalls
Update: Bullish On Ford Despite China Recalls
In our initial piece about Ford (NYSE:F), we issued what appeared to be a very healthy $28.50 price target on the automotive seller, and we’re re-affirming our pick today, despite an ugly headline to end the week for the automaker.
6 September, 2014 by The TZ Newswire Staff Comments Off on Update: Culp Beats On Top And Bottom Lines In Q1
Update: Culp Beats On Top And Bottom Lines In Q1
By David Zanoni:
Culp, Inc. (NYSE:CFI) reported an 8.4% year-over-year increase in revenue of $76.1 million. This exceeded estimates for FQ1 by $1.67 million. EPS of $0.37 exceeded estimates by $0.02, but were $0.01 lower year-over-year. Mattress fabric sales increased 12.2%, while upholstery fabric sales increased 3.9%.