30 January, 2015 by The TZ Newswire Staff Comments Off on U.S. stocks stumble 3% in tumultuous January
U.S. stocks stumble 3% in tumultuous January
Stocks declined Friday, with equities on track for January losses, after the government reported economic growth slowed sharply in the fourth quarter.
30 January, 2015 by The TZ Newswire Staff Comments Off on 3 reasons to be bearish on Shake Shack
3 reasons to be bearish on Shake Shack
“Fast Money” traders were skeptical of the stock after it more than doubled in its first day of trading.
30 January, 2015 by The TZ Newswire Staff Comments Off on Wheat’s Worst Month In Years On Big Harvest
Wheat’s Worst Month In Years On Big Harvest
An expanding global grain glut drove crop prices to the lowest since 2010, with wheat futures off to the worst start to a year in four decades. Farmers collected a record global wheat harvest, U.S. government data show, and the International Grains Council last week raised its outlook for the world’s corn crop.
30 January, 2015 by The TZ Newswire Staff Comments Off on Will Under Armour Surprise In Its Post-Game Report?
Will Under Armour Surprise In Its Post-Game Report?
Sunday was set to be a big day for Under Armour (UA), with its lead pitchman — New England Patriots quarterback Tom Brady — center stage at Super Bowl XLIX. This week may be even bigger, with the company’s fourth-quarter and full-year results due out after Wednesday’s close. The consensus estimate is for a 30% gain in earnings and a 24% increase in sales.
30 January, 2015 by The TZ Newswire Staff Comments Off on Veeva’s Vault Pursues $2 Billion Life Sciences Market
Veeva’s Vault Pursues $2 Billion Life Sciences Market
Software developer Veeva Systems (VEEV) sees 85% of its revenue from customer relationship management software deployed in the life sciences industry. The company reports about 250,000 drug sales representatives — about half the population worldwide — use its product. The company has a licensing agreement with and is highly dependent upon the Force.com set of tools from Salesforce.com (CRM).
30 January, 2015 by The TZ Newswire Staff Comments Off on "Obama Is Clueless On Inequality," David Stockman Rages "The Problem Is [The Fed]"
"Obama Is Clueless On Inequality," David Stockman Rages "The Problem Is [The Fed]"
Echoing Elliott’s Paul Singer’s “greatest irony of politicians railing against inequality,” former Reagan OMB Director David Stockman raged that when it comes to inequality, everyone can see the symptom, but “President Obama is clueless as to the cause,” blasting that the problem is not capitalism, “the problem is in the Eccles Building and the 12 people sitting there thinking that zero interest rates are some magic elixir that will cause this very toubled ec
30 January, 2015 by The TZ Newswire Staff Comments Off on In a market that loves certainty, more volatility
In a market that loves certainty, more volatility
Expect January’s overriding theme of volatility to continue.