18 December, 2014 by The TZ Newswire Staff Comments Off on Cuba Opening: Stocks Likely To Gain From More Trade
Cuba Opening: Stocks Likely To Gain From More Trade
Wednesday’s announcement of an easing in diplomatic and trade relations between the U.S. and Cuba lit a Roman candle beneath Cuba-related stocks, even as it ignited fireworks of a U.S. political debate. Nine of the top 10 holdings of closed-end Herzfeld Caribbean Basin Fund (CUBA) leapt 2% to 7%. The diplomatic shift should benefit companies doing business in Cuba, says Tom Herzfeld, co-manager of CUBA.
18 December, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: MetLife designated as ‘systemically important’ by U.S. panel
The Wall Street Journal: MetLife designated as ‘systemically important’ by U.S. panel
MetLife says it is “disappointed” after federal regulators designated the insurer as a “systemically important” nonbank financial firm, which means it will be subject to an additional level of federal regulation.
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18 December, 2014 by The TZ Newswire Staff Comments Off on More To Ruble’s Collapse Than Meets The Eye?
More To Ruble’s Collapse Than Meets The Eye?
18 December, 2014 by The TZ Newswire Staff Comments Off on Fed extends deadline for banks to divest from hedge funds
Fed extends deadline for banks to divest from hedge funds
The central bank’s announcement will give banks extra time to divest from hedge funds and private equity funds.
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18 December, 2014 by The TZ Newswire Staff Comments Off on Where we see opportunity: Blackstone’s Schwarzman
Where we see opportunity: Blackstone’s Schwarzman
Low oil prices have created opportunity, Blackstone’s Steve Schwarzman said. Here’s what else he sees as a good investment.
18 December, 2014 by The TZ Newswire Staff Comments Off on "Tracking" Investment Opportunities
"Tracking" Investment Opportunities
We all want to find the best available investment opportunities, but sometimes it isn’t that easy. With the market turning around and a bottom forming on the recent correction, many are looking for a way to get in. A great scan can help, but if you are in a hurry and don’t want to have to weed out the chaff, the DP Trackers are your solution.
18 December, 2014 by The TZ Newswire Staff Comments Off on Nike earnings beat; shares slide on future orders
Nike earnings beat; shares slide on future orders
Nike reported quarterly earnings of 74 cents a share on revenue of $7.38 billion, beating expectations.