18 September, 2014 by The TZ Newswire Staff Comments Off on Alibaba IPO prices at top of range, raising $21.8 billion
Alibaba IPO prices at top of range, raising $21.8 billion
At that price, the IPO, one of the largest-ever, would give Alibaba a market valuation of $167.6 billion, surpassing American corporate icons from Walt Disney Co (DIS.N) to Boeing Co (BA.N). “I’d put them (Alibaba) in a class of Facebook and Google with the scale they have, growth prospects and profitability,” said Scot Wingo, CEO of e-commerce software provider ChannelAdvisor.
18 September, 2014 by The TZ Newswire Staff Comments Off on Food companies, restaurants add protein to beef up profits
Food companies, restaurants add protein to beef up profits
Though diet studies disagree about what’s worse for you, carbohydrates or fat, most say nice things about eating protein, including its potential for better weight control. U.S. consumers have taken note, …
18 September, 2014 by The TZ Newswire Staff Comments Off on London Markets: London stocks rise as Scotland votes to stay in U.K.
London Markets: London stocks rise as Scotland votes to stay in U.K.
Gains sweep through the FTSE 100 as projections show a referendum victory for the those who didn’t want Scotland to go independent.
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18 September, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold slips toward a third weekly loss
Metals Stocks: Gold slips toward a third weekly loss
Gold’s spiral continued, with prices heading for a third weekly loss in a row and touching on eight-month lows
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18 September, 2014 by The TZ Newswire Staff Comments Off on Yen’s drop: too far, too fast?
Yen’s drop: too far, too fast?
While the yen’s sharp drop has driven the Nikkei to near seven-year highs, the quick decline is also spurring concerns over the economy.
18 September, 2014 by The TZ Newswire Staff Comments Off on Yen’s drop: too far, too fast?
Yen’s drop: too far, too fast?
While the yen’s sharp drop has driven the Nikkei to near seven-year highs, the quick decline is also spurring concerns over the economy.
18 September, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Scotland set to stay in U.K. as ‘Yes’ camp admits defeat
The Wall Street Journal: Scotland set to stay in U.K. as ‘Yes’ camp admits defeat
Scotland’s First Minister Alexander Salmond concedes early Friday that the country had chosen to stay within the U.K., with a majority of voters rejecting independence.