9 October, 2014 by The TZ Newswire Staff Comments Off on Is There a Winner in Battle for Nasdaq Service as Thesys Lags Behind?
Is There a Winner in Battle for Nasdaq Service as Thesys Lags Behind?
The battle for control of a critical data service responsible for distributing stock prices for U.S. companies like Apple Inc. remains unresolved.
9 October, 2014 by The TZ Newswire Staff Comments Off on Asia Markets: Asian shares drop on oil price decline, growth concerns
Asia Markets: Asian shares drop on oil price decline, growth concerns
Stocks in Asia fall, with major indexes in Australia, Tokyo and Hong Kong each down more than 1.5%, as oil prices drop and concerns grow about the pace of global growth.
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9 October, 2014 by The TZ Newswire Staff Comments Off on Big U.S. firms boost equity weightings in 401(k) target-date funds
Big U.S. firms boost equity weightings in 401(k) target-date funds
BlackRock Inc, Fidelity Investments and Pacific Investment Management Co – all firms that have seen returns in their target date funds lagging competitors – have made adjustments in the past year so that 401(k) plan participants, particularly those who are younger to middle age, are more invested in equities. The idea is that retirement savers can choose a target date fund that lines up with their own expected retirement year and then not have to worry about managing their money.
9 October, 2014 by The TZ Newswire Staff Comments Off on Big U.S. firms boost equity weightings in 401(k) target-date funds
Big U.S. firms boost equity weightings in 401(k) target-date funds
BlackRock Inc, Fidelity Investments and Pacific Investment Management Co – all firms that have seen returns in their target date funds lagging competitors – have made adjustments in the past year so that 401(k) plan participants, particularly those who are younger to middle age, are more invested in equities. The idea is that retirement savers can choose a target date fund that lines up with their own expected retirement year and then not have to worry about managing their money.
9 October, 2014 by The TZ Newswire Staff Comments Off on Fund managers line up for high-yielding energy company subsidiaries
Fund managers line up for high-yielding energy company subsidiaries
The hunt for dividend yield is pushing U.S. Yield companies – commonly called “yieldcos” – are spinoffs of alternative energy companies that own assets such as wind or solar farms and pay investors dividends out of the cash flow generated by long-term contracts to sell power to utility companies. Notable buyers include the $29.3 billion BlackRock Equity Dividend Fund and the $9.2 billion T. Rowe Price Small-Cap Stock fund.
9 October, 2014 by The TZ Newswire Staff Comments Off on Fund managers line up for high-yielding energy company subsidiaries
Fund managers line up for high-yielding energy company subsidiaries
The hunt for dividend yield is pushing U.S. Yield companies – commonly called “yieldcos” – are spinoffs of alternative energy companies that own assets such as wind or solar farms and pay investors dividends out of the cash flow generated by long-term contracts to sell power to utility companies. Notable buyers include the $29.3 billion BlackRock Equity Dividend Fund and the $9.2 billion T. Rowe Price Small-Cap Stock fund.
9 October, 2014 by The TZ Newswire Staff Comments Off on Tesla unveils all-wheel drive Model S, ‘autopilot’ features
Tesla unveils all-wheel drive Model S, ‘autopilot’ features
Tesla Motors Inc on Thursday took its first step toward automated driving, unveiling features that will allow its electric sedan to park itself and sense dangerous situations. The car is like having a “personal roller coaster,” Tesla CEO Elon Musk joked after making the announcement at the packed event in Hawthorne, California. Tesla’s announcement had been eagerly anticipated since Musk last week tweeted that it was “about time to unveil the D and something else.” He cautioned, however, that “autopilot” was not fully autonomous driving and would not allow a driver to fall asleep at the wheel.