19 September, 2014 by The TZ Newswire Staff Comments Off on NYSE’s Bell-Ringing an Earful for Nasdaq With Alibaba Record IPO
NYSE’s Bell-Ringing an Earful for Nasdaq With Alibaba Record IPO
When Alibaba rings the opening bell at the NYSE today, as planned, it will mark the biggest win yet in the exchange’s years-long campaign to lure initial offerings of technology and Internet companies. Once a bastion for industrial companies, NYSE last year beat rival Nasdaq OMX Group Inc. in technology listings for the first time, a trend continuing this year, according to data compiled by Bloomberg.
19 September, 2014 by The TZ Newswire Staff Comments Off on Alibaba IPO will be a Wall St. ‘feeding frenzy’
Alibaba IPO will be a Wall St. ‘feeding frenzy’
“I believe it’s oversubscribed by perhaps a factor of 10,” says optionMONSTER’s Jon Najarian. “Most IPOs that are popular like a Twitter situation are probably 6 to 8, so this is going to be a true feeding frenzy, there’s more demand than there is supply.”
19 September, 2014 by The TZ Newswire Staff Comments Off on Parents, the children will be fine. Spend their inheritance now.
Parents, the children will be fine. Spend their inheritance now.
Most retirees want to leave something for their children, but while such devotion is understandable it may be misplaced.
19 September, 2014 by The TZ Newswire Staff Comments Off on The Musk family plan for transforming the world’s energy
The Musk family plan for transforming the world’s energy
Elon Musk and his cousin, Lyndon Rive, have always been close. “We’ve known each other for as long as we’ve been conscious,” said Mr. Musk, speaking at a panel this week at a private conference in New York. Mr. Musk says Mr. Rive “is an awesome guy and really hardworking and driven, and you can trust him with anything.” Mr. Rive recounts the drive to Burning Man in 2004 when Mr. Musk told him his next venture should be in solar power—and Mr. Rive says that when Mr. Musk tells you what area to get into next, you get into it. The companies the two men run—Tesla Motors Inc.
19 September, 2014 by The TZ Newswire Staff Comments Off on Retirement savings gap widens between rich and poor
Retirement savings gap widens between rich and poor
When it comes to retirement savings, the gap between the rich and poor is growing dramatically. Last year, the typical 55- to 64-year-old household had just $111,000 saved in their 401(k)s and IRAs, which …
19 September, 2014 by The TZ Newswire Staff Comments Off on Is Apple a Good Dividend Stock to Buy?
Is Apple a Good Dividend Stock to Buy?
While Apple’s product announcements get most of the attention, income investors have plenty of reason to consider Apple for its dividend as well.
19 September, 2014 by The TZ Newswire Staff Comments Off on Darrell Delamaide’s Political Capital: Even in saying ‘No,’ Scotland inspires others to speak
Darrell Delamaide’s Political Capital: Even in saying ‘No,’ Scotland inspires others to speak
Scotland has rejected independence, but the democratic genie is now out of the bottle and things will never be the same in the U.K.