7 September, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold not getting much pop post-jobs report
Metals Stocks: Gold not getting much pop post-jobs report
Gold prices built on some positive sentiment triggered by last week’s economic data, rising a bit but still not able to break free from the tight trading range they’ve been caught in since breaking below $1,300 an ounce.
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7 September, 2014 by The TZ Newswire Staff Comments Off on Electrolux to boost U.S. presence with $3.3 billion General Electric Appliances buy
Electrolux to boost U.S. presence with $3.3 billion General Electric Appliances buy
Sweden’s Electrolux (ELUXb.ST) said on Monday it would buy General Electric Co’s (GE.N) appliances business for $3.3 billion in cash to double sales in North America and take on rival Whirlpool Corp (WHR.N) in its biggest ever deal. Electrolux said in August it was in talks to buy the unit to tap into a market where it has lacked scale and that is growing faster than Europe. “GE’s premium, high-quality appliances complement our own iconic brands and will enhance our presence in North America,” Electrolux Chief Executive Keith McLoughlin said in a statement.
7 September, 2014 by The TZ Newswire Staff Comments Off on GE to sell appliance business to Electrolux for $3.3B
GE to sell appliance business to Electrolux for $3.3B
General Electric said it has signed a definitive agreement to sell its appliance business to Electrolux for $3.3 billion.
7 September, 2014 by The TZ Newswire Staff Comments Off on Don’t fight the dollar surge: Pro
Don’t fight the dollar surge: Pro
Luis Costa, head of CEEMEA FX and rates strategy at Citi, says don’t bet against the dollar as it is likely to see further gains against emerging market currencies.
7 September, 2014 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: Alibaba IPO: Is it too late to get rich with Jack Ma?
Craig Stephen’s This Week in China: Alibaba IPO: Is it too late to get rich with Jack Ma?
While Alibaba might need a letter of introduction to U.S.
7 September, 2014 by The TZ Newswire Staff Comments Off on Is Five Below Too Expensive?
Is Five Below Too Expensive?
By Daniel Jones:
As earnings approach on Sep. 10, investors with ownership in discount retailer Five Below (NASDAQ:FIVE) are likely kicking around what to do with the company’s shares. With the business’s stock trading at a 25% discount to its 52-week high, the upside potential moving forward could be significant, but with expectations sitting pretty high, would it be a bit risky to jump into the retailer?
7 September, 2014 by The TZ Newswire Staff Comments Off on BlackBerry Is Steadily Fixing Itself
BlackBerry Is Steadily Fixing Itself
By Michael Blair:
BlackBerry (NASDAQ:BBRY) released BBM for Windows a few weeks ago. I downloaded it onto my Nokia Lumia 1020 to give it a whirl. The BBM for Windows application has all the ease of use and function that BBM users have come to expect but with a definitely Windows look and feel. I liked it.
(click to enlarge)