30 September, 2014 by The TZ Newswire Staff Comments Off on Asia markets start quarter on back foot
Asia markets start quarter on back foot
Asian shares got off on the back foot on Wednesday as continued civil unrest in Hong Kong sapped confidence, while the dollar index was in sight of a four-year high after marking its best quarterly gain in six years. Trading in Asia was expected to be more subdued than usual, with China closed for National Day and investors warily monitoring developments in Hong Kong’s pro-democracy unrest, as thousands of protesters stepped up pressure on the city’s pro-Beijing government.
30 September, 2014 by The TZ Newswire Staff Comments Off on Why Netflix is worth only half of its current price
Why Netflix is worth only half of its current price
Netflix’s stock may have gotten a nice pop because of a new film announcement, but one analyst who covers the name has come out to say it’s “way overvalued”.
30 September, 2014 by The TZ Newswire Staff Comments Off on JPMorgan to face class action in $10B MBS case
JPMorgan to face class action in $10B MBS case
A federal judge on Tuesday said JPMorgan Chase & Co must face a class action lawsuit by investors who claimed the largest U.S. District Judge Paul Oetken in Manhattan certified a class action as to JPMorgan’s liability but not as to damages, saying it was unclear how investors could value the certificates they bought, given how the market was “not particularly liquid.” He said the plaintiffs could try again to certify a class on damages. Oetken ruled 10 months after JPMorgan reached a $13 billion settlement to resolve U.S.
30 September, 2014 by The TZ Newswire Staff Comments Off on Does Surging Demand For Gold & Silver Coins Signal A Bottom?
Does Surging Demand For Gold & Silver Coins Signal A Bottom?
Submitted by John Rubino via DollarCollapse blog,
Reports of individuals snapping up near-record numbers of gold and silver coins are coming in from around the world:
30 September, 2014 by The TZ Newswire Staff Comments Off on Tuesday Market Wrap
Tuesday Market Wrap
For the day the SPX/DOW were -0.20%, and the NDX/NAZ were mixed. Bonds lost 3 ticks, Crude dropped $3.15, Gold slipped $8, and the USD was higher. Tomorrow: the ADP index at 8am; ISM manufacturing, Construction spending and Auto sales at 10am. The market opened a few points higher today. Dropped to SPX 1970, then rallied to 1985 before heading lower again. After a week of choppy downward activity we have now had two days of sideways choppy activity.
30 September, 2014 by The TZ Newswire Staff Comments Off on Why Apple’s Recent Patent Application Is Good News for GT Advanced Technologies
Why Apple’s Recent Patent Application Is Good News for GT Advanced Technologies
GT Advanced shares have fallen nearly 40% during the last month, mostly following the iPhone 6 and 6 Plus unveiling, but if Apple’s patent application is any indication of its goal with sapphire, GT Advanced shares could see long-term upside.
30 September, 2014 by The TZ Newswire Staff Comments Off on More Lies: Watchdog Finds Government "Greatly Exaggerated" Success In Funding Small Businesses Last Year
More Lies: Watchdog Finds Government "Greatly Exaggerated" Success In Funding Small Businesses Last Year
New investigations by the Small Business Administration (SBA) Office of Inspector General have found SBA Administrator Maria Contreras-Sweet’s announcement that small businesses received 23.39% of all federal contracts was greatly exaggerated.