The Traderszone Network

10 October, 2014 by The TZ Newswire Staff Comments Off on Investors gird for scarier days in markets

Investors gird for scarier days in markets

Volatility has suddenly returned to U.S. stocks, and for the first time all year it doesn’t appear that the weakness in equities will go away quietly in the span of a few days. While the S&P 500 is still …

10 October, 2014 by The TZ Newswire Staff Comments Off on CEO Bewkes needs to show Time Warner better alone than with Murdoch

CEO Bewkes needs to show Time Warner better alone than with Murdoch

Ten years ago, Walt Disney Co, having fended off a hostile bid from Comcast, had to make a case why it was better off as an independent company. Disney’s shares have soared more than 250 percent since. Now, Time Warner Inc Chief Executive Jeff Bewkes faces a similar moment of reckoning after rejecting a bid for $85 a share from Rupert Murdoch’s Twenty-First Century Fox. Bewkes and other top brass will be under pressure at a meeting with analysts and investors next Wednesday to show they can repeat Disney’s magic.

10 October, 2014 by The TZ Newswire Staff Comments Off on GT to cut jobs, wind down sapphire plant; takes aim at Apple

GT to cut jobs, wind down sapphire plant; takes aim at Apple

“GT believes that it has many claims against Apple arising out of its business relationship with Apple,” the company said in a filing with the U.S. The company said it could not pursue the unspecified claims at the outset of its bankruptcy, but that the claims would allow GT Advanced to terminate several Apple agreements that it said were burdensome and of no value. Apple responded by pointing to its earlier statement that it remains committed to preserving jobs in Arizona and was consulting with state and local officials on its next steps.

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10 October, 2014 by The TZ Newswire Staff Comments Off on U.S. and UK to test big bank collapse in joint model run

U.S. and UK to test big bank collapse in joint model run

Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday. Treasury Secretary Jack Lew and the UK’s Chancellor of the Exchequer, George Osborne, on Monday will run the first-ever joint exercise simulating how they would prop up a large bank operating in both countries that has landed in trouble.

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10 October, 2014 by The TZ Newswire Staff Comments Off on FTC asks Family Dollar for more information on Dollar General bid

FTC asks Family Dollar for more information on Dollar General bid

Dollar-store operator Family Dollar Inc said it received a request for additional information from the Federal Trade Commission related to Dollar General Corp’s hostile takeover attempt. Dollar General, …

10 October, 2014 by The TZ Newswire Staff Comments Off on GE unit in talks to buy Milestone Aviation: WSJ

GE unit in talks to buy Milestone Aviation: WSJ

The purchase price for Milestone could be more than $2.5 billion, according to some of the people, the Journal reported. Milestone, co-founded by NetJets Inc founder Richard Santulli, has announced plans for an initial public offering of stock, according to the report. Buying Milestone, the world’s largest helicopter-leasing company by fleet value, would broaden GE Capital Aviation Services’ portfolio beyond the competitive plane-leasing business, as it currently owns no helicopters, the Journal said.

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10 October, 2014 by The TZ Newswire Staff Comments Off on Sears says Kmart stores hit by data breach

Sears says Kmart stores hit by data breach

Secret Service confirmed it was investigating the breach, which occurred in September and compromised the systems of Kmart, which has about 1,200 stores across the United States. The breach did not affect the Sears department store chain.