25 September, 2014 by The TZ Newswire Staff Comments Off on Japan’s Nikkei 225 Index Eclipses 6-Year High
Japan’s Nikkei 225 Index Eclipses 6-Year High
Japanese stocks climbed, with the Topix index and Nikkei 225 Stock Average each closing at the highest in more than six years, as investors bought shares to gain dividend rights and the yen fell. Toyota Motor (TM) rose 2%, pacing gains among Japanese exporters. Minebea added 5.1% after a report the ball-bearing maker’s operating profit will probably beat its forecast.
25 September, 2014 by The TZ Newswire Staff Comments Off on Nike shares rally as quarterly earnings run past views
Nike shares rally as quarterly earnings run past views
Nike Inc, the world’s largest sportswear maker, reported a 15 percent jump in quarterly sales as the company reaps the benefits of heavy marketing investment during the soccer World Cup. Net income rose …
25 September, 2014 by The TZ Newswire Staff Comments Off on Want to play the biotech sector? Here are 4 picks
Want to play the biotech sector? Here are 4 picks
Biotechs are up more than 23% in 2014, but can the boom last?
25 September, 2014 by The TZ Newswire Staff Comments Off on Chipmaker Micron reveals Q4 sales beat
Chipmaker Micron reveals Q4 sales beat
SAN FRANCISCO (Reuters) – Memory chipmaker Micron Technology Inc (MU.O) posted fiscal fourth-quarter revenue above expectations as signs of stabilization in the personal computer industry supported demand …
25 September, 2014 by The TZ Newswire Staff Comments Off on Wall Street may never quell its buyback addiction
Wall Street may never quell its buyback addiction
One of the dominant themes of this bull market has been companies’ aggressive repurchasing of their own shares in response to cheap debt and modest economic growth. While there are signs the trend is peaking, it’s hard to see many better options for mature blue chip companies to pursue.
25 September, 2014 by The TZ Newswire Staff Comments Off on Dollar at four-year high could dent earnings
Dollar at four-year high could dent earnings
By Herbert Lash NEW YORK (Reuters) – The dollar hit a four-year high as the yield difference between U.S. and German bonds widened the most in nearly 15 years on Thursday, while global equity markets fell sharply as the stronger dollar pointed to potential earnings losses. The strong dollar slammed oil and other commodity prices, spurred the safe-haven buying of gold and sparked a sell-off on Wall Street that tumbled the benchmark S&P 500 index 1.6 percent in the biggest single-day loss since July 31. …
25 September, 2014 by The TZ Newswire Staff Comments Off on Treasury bond yields sink amid flight to safety
Treasury bond yields sink amid flight to safety
U.S. Treasuries yields fell on Thursday after a drop in U.S. stocks triggered safe-haven bids and reported comments from European Central Bank President Mario Draghi drove down rates in the euro zone, …