22 September, 2014 by The TZ Newswire Staff Comments Off on Economic Report: China factory data surprises to upside, cheering markets (a bit)
Economic Report: China factory data surprises to upside, cheering markets (a bit)
A preliminary reading of China’s manufacturing sector shows activity making a surprise improvement, though the enthusiasm from economists and the markets is mild.
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22 September, 2014 by The TZ Newswire Staff Comments Off on Nike Looks Interesting As Earnings Near
Nike Looks Interesting As Earnings Near
By Daniel Jones:
As earnings approach on Sep. 25, investors are right to question whether or not they should hold their shares of Nike (NYSE:NKE), buy more, or sell. Despite the fact that sales are expected to grow significantly, profits are likely to increase just modestly according to analysts.
22 September, 2014 by The TZ Newswire Staff Comments Off on BlackBerry: Passport To A Turnaround?
BlackBerry: Passport To A Turnaround?
By WestEnd511:
BlackBerry (NASDAQ:BBRY) will announce its new physical keyboard handset, Passport, on Wednesday that once again maintains the company’s tradition of introducing mobile handsets with physical keyboard when touch screen is becoming more common.
22 September, 2014 by The TZ Newswire Staff Comments Off on 1 Dividend Stock To Buy Now And 2 To Wait For
1 Dividend Stock To Buy Now And 2 To Wait For
By Abba’s Aces:
Okay, now I think we can get back to basics as the biggest IPO in world history has priced itself. It’s now time to move on with our daily lives, by focusing on what is going on in the world around us. I still don’t believe that the global economy is what it’s heralded to be right now as layoffs continue to happen, retail stocks continue to get slammed on the back of earnings, and oil continues to decline.
22 September, 2014 by The TZ Newswire Staff Comments Off on Asia relieved as China flash PMI beats low expectations
Asia relieved as China flash PMI beats low expectations
Asian shares recouped early losses on Tuesday while commodities won a break from recent selling pressure after a reading on China’s massive factory sector outpaced the market’s bleak expectations. The market had been braced for something even worse and the relief helped Chinese stocks move into the black and the Australian dollar blip higher. The Asian giant is Australia’s single biggest export market and investors often use the currency as a liquid proxy for China plays.
22 September, 2014 by The TZ Newswire Staff Comments Off on China September factory activity edges up on stronger orders but employment shrinks
China September factory activity edges up on stronger orders but employment shrinks
Activity in China’s manufacturing sector unexpectedly picked up in September even as factory employment slumped to a 5-1/2-year low, a survey showed on Tuesday, a potential source of worry for Communist leaders who prize social stability above all else. The HSBC/Markit Flash China Purchasing Managers’ Index (PMI) rose to 50.5 in September from August’s final reading of 50.2. A hefty drop in employment could raise alarm bells for the Chinese government, which has indicated it will tolerate slower economic growth as long as employment is not affected.
22 September, 2014 by The TZ Newswire Staff Comments Off on Apple sells more than 10 million new iPhones in first three days
Apple sells more than 10 million new iPhones in first three days
Chief Executive Tim Cook said the company could have sold even more iPhone 6 and iPhone 6 Plus models if supplies had been available. Analysts had estimated first-weekend sales of up to 10 million iPhones, after Apple booked record pre-orders of 4 million on Sept. 12, the day pre-orders opened. Apple’s shares were little changed at $100.98 in afternoon trading on the Nasdaq on Monday.