12 September, 2014 by The TZ Newswire Staff Comments Off on The One Company Most At Risk From Russian Sanctions Is Actually American
The One Company Most At Risk From Russian Sanctions Is Actually American
When Exxon Mobil CEO Rex Tillerson detailed a $3.2 billion deal to drill for oil in Russia’s Arctic Sea two years ago, he predicted that the project would strengthen the ties between the U.S. and Russia. However, as WSJ reports, Exxon has instead wound up in the cross hairs of U.S. foreign policy, which could threaten one of the company’s best chances to find and tap significant — and much needed — amounts of crude oil.
12 September, 2014 by The TZ Newswire Staff Comments Off on Top Mutual Fund Categories: U.S. Stock Funds Limp On
Top Mutual Fund Categories: U.S. Stock Funds Limp On
U.S. stock mutual funds were mixed but managed a slight gain overall in the week ended Sept, 11. The average U.S. diversified stock fund rose 0.08%, bringing the year-to-date gain to 5.83%, according to Lipper. Small-cap growth funds, the only diversified group still showing a year-to-date decline, rose the most in the latest week. They rose 0.83%, trimming their year-to-date decline to 0.59%.
12 September, 2014 by The TZ Newswire Staff Comments Off on Mexican Beer Sales Boost Constellation Brands
Mexican Beer Sales Boost Constellation Brands
For alcoholic beverage giant Constellation Brands (STZ), the wine trade has been sour lately, but the beer side has been sweet. Take the company’s results for the fiscal first quarter ended in May. Wine and spirit sales fell 1% vs.
12 September, 2014 by The TZ Newswire Staff Comments Off on Harman Rides Demand For Audio, ‘Infotainment’ Systems
Harman Rides Demand For Audio, ‘Infotainment’ Systems
Harman International Industries is profiting from rising demand for its integrated car audio and “infotainment” systems. Profit at Harman (HAR), owner of brands such as Harman/Kardon, Infinity and JBL, rose 37% in the fiscal fourth quarter (which ended in June) to $1.25 a share, the firm said. It was the smallest increase in three quarters but still topped views.
12 September, 2014 by The TZ Newswire Staff Comments Off on The Fed Has A Big Surprise Waiting For You
The Fed Has A Big Surprise Waiting For You
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
Risdon Tillery Greenwich House day care, New York May 1944
12 September, 2014 by The TZ Newswire Staff Comments Off on Yields Rise As Traders Eye Possible Shift By The Fed
Yields Rise As Traders Eye Possible Shift By The Fed
Treasuries declined for a seventh day, the longest slump in more than a year, on speculation the Federal Reserve may delete reference to interest rates staying low for a “considerable time” after it ends bond buying. Government bonds worldwide headed for their biggest two-week loss in 14 months before policy makers meet Sept. 16-17.
12 September, 2014 by The TZ Newswire Staff Comments Off on New High Analysis: Yahoo Surges Ahead Of Alibaba IPO
New High Analysis: Yahoo Surges Ahead Of Alibaba IPO
Friday’s session served up several 52-week highs, but many names closed well off session highs just like the major averages. The exception was Finish Line (FINL). The specialty retailer of athletic shoes, apparel and accessories extended its winning streak to five sessions Friday, rising 0.70 to 31.40. It’s still in a buy range after a cup-with-handle breakout over 30.43. Note that Finish Line’s latest breakout was from a fourth-stage base.