20 October, 2014 by The TZ Newswire Staff Comments Off on Gold Bulls Back For First Time In Two Months
Gold Bulls Back For First Time In Two Months
Speculators added bullish gold bets for the first time in nine weeks as concern that global economic growth is slowing whipsawed equity markets. The gain in the net-long position in New York gold futures and options snapped the longest run of reductions since 2010. Prices rose for a second week as global equities retreated to an eight-month low.
20 October, 2014 by The TZ Newswire Staff Comments Off on Apple sales surge (except for the iPad)
Apple sales surge (except for the iPad)
Apple’s fourth-quarter earnings exceeded most expectations.
20 October, 2014 by The TZ Newswire Staff Comments Off on Trinity faces $525M in damages after guardrail trial
Trinity faces $525M in damages after guardrail trial
A federal jury found the company liable on Monday for failing to tell a highway agency about changes it made to a guardrail system.
20 October, 2014 by The TZ Newswire Staff Comments Off on Earnings Outlook: What to look for in Procter & Gamble’s earnings
Earnings Outlook: What to look for in Procter & Gamble’s earnings
Ahead of consumer-products giant Procter & Gamble’s Friday release of its fiscal first-quarter results, a key question for investors is whether the gross margin will decline for a sixth straight quarter.
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20 October, 2014 by The TZ Newswire Staff Comments Off on Cramer: IBM’s misery is Apple’s win
Cramer: IBM’s misery is Apple’s win
Jim Cramer discusses Apple and IBM, two polar opposite companies, to find out where IBM went wrong and why Apple is the leader of the techie pack.
20 October, 2014 by The TZ Newswire Staff Comments Off on Facebook Bucks Market Correction, Retakes Buy Point
Facebook Bucks Market Correction, Retakes Buy Point
Facebook (FB) has climbed back above its 50-day moving average and retaken its buy point, showing strength in a weak market. The social media giant edged back above the 76.09 flat-base buy point Monday. However, volume was weak. Buying now is especially risky due to the market’s correction. Facebook fell nearly 8% below the entry last week, triggering a sell rule.
20 October, 2014 by The TZ Newswire Staff Comments Off on Infosys Pulls Back After Breaking Out Of Saucer Base
Infosys Pulls Back After Breaking Out Of Saucer Base
Infosys (INFY) likes to boast that it started India’s information technology business in 1981 with six engineers and capital amounting to $250. Today it’s a $36 billion company, by market cap, with 161,000 employees operating around the world. It’s a wide-ranging company involved in consulting, technology and outsourcing.