16 September, 2014 by The TZ Newswire Staff Comments Off on Boeing may have outfoxed Musk, but it could have bigger problems
Boeing may have outfoxed Musk, but it could have bigger problems
Elon Musk is arguably one of the greatest entrepreneurial minds of the 21st Century, but he may have just gotten beat by an old school aerospace giant.
16 September, 2014 by The TZ Newswire Staff Comments Off on Rackspace shares fall as search for merger ends
Rackspace shares fall as search for merger ends
Cloud management services provider Rackspace Hosting Inc said it would not sell itself, sending its shares down 16.5 percent in after-market trading.
16 September, 2014 by The TZ Newswire Staff Comments Off on Stocks Rise Ahead Of Fed, Led By Biotech, Chip Names
Stocks Rise Ahead Of Fed, Led By Biotech, Chip Names
Stocks recovered from an early sell-off to end higher Tuesday on expectations the Federal Reserve will maintain its dovish stance on interest rates. The Nasdaq and the S&P 500 both rallied 0.7%, while the Dow Jones industrial average rose 0.6%. Volume on the NYSE rose 13% compared to Monday while turnover on the Nasdaq fell 4%, according to preliminary data.
16 September, 2014 by The TZ Newswire Staff Comments Off on Soybeans Fall On Worries Of A Bumper Crop
Soybeans Fall On Worries Of A Bumper Crop
Soybean futures declined on mounting speculation that a bumper crop in the U.S., the world’s largest grower, will overwhelm demand. Wheat dropped to the lowest level since 2010, and corn rose. Soybean prices tumbled 24% this year. The Department of Agriculture has forecast output of the oilseed crop at an all-time high of 3.913 billion bushels, up 19% from last year.
16 September, 2014 by The TZ Newswire Staff Comments Off on NewsWatch: Fed exit may be bumpy ride for investors
NewsWatch: Fed exit may be bumpy ride for investors
The pieces of the Fed’s exit plan are beginning to come together, and we may get more information on Wednesday.
16 September, 2014 by The TZ Newswire Staff Comments Off on Wal-Mart Flack Should Thank His Lucky Stars Dan Loeb Doesn’t Have A Position In WMT
Wal-Mart Flack Should Thank His Lucky Stars Dan Loeb Doesn’t Have A Position In WMT
16 September, 2014 by The TZ Newswire Staff Comments Off on China Liquidity Injection Helps Propel Risk Assets Higher
China Liquidity Injection Helps Propel Risk Assets Higher
Today’s financial recap and tomorrow’s financial outlook.