4 February, 2015 by The TZ Newswire Staff Comments Off on Stocks End Mixed As Oil Sinks; Apple Clears Buy Point
Stocks End Mixed As Oil Sinks; Apple Clears Buy Point
Stocks ended mixed Wednesday, ending two straight sessions of big gains, after early gains faded amid a sharp drop in oil prices. The S&P 500 fell 0.4%, the Nasdaq lost 0.2% and the Dow Jones industrial average ended up a fraction. Volume rose slightly on both the NYSE and Nasdaq compared to Tuesday, according to preliminary data.
4 February, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Lower trade gap could boost GDP above 3%
Capitol Report: Lower trade gap could boost GDP above 3%
Did the U.S. economy really dip below 3% growth in the fourth quarter after a 5% gain in summer and early fall?
4 February, 2015 by The TZ Newswire Staff Comments Off on Florida has the least wealth inequality among racial groups
Florida has the least wealth inequality among racial groups
Amid growing economic wealth disparities among racial groups, Florida stands as the state with the lowest inequality gap, according to a study by personal finance resource WalletHub
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4 February, 2015 by The TZ Newswire Staff Comments Off on 2 Reasons Nokia Corporation (ADR) Is Doing Better Than You Think
2 Reasons Nokia Corporation (ADR) Is Doing Better Than You Think
Nokia did not sell its handset business to Microsoft out of desperation. Here is how that sale and a smart North American focus add up to a strong Finnish future.
4 February, 2015 by The TZ Newswire Staff Comments Off on ECB: Banks can’t use Greek debt as collateral
ECB: Banks can’t use Greek debt as collateral
The European Central Bank has revoked a waiver that allowed banks to use Greek government debt as collateral for loans.
4 February, 2015 by The TZ Newswire Staff Comments Off on Yum results mixed, but China sales beat
Yum results mixed, but China sales beat
The parent of KFC and Pizza Hut missed earnings estimates, but its China sales topped estimates.
4 February, 2015 by The TZ Newswire Staff Comments Off on Draghi Dashes Buffett Bounce As Crude Carnage Continues
Draghi Dashes Buffett Bounce As Crude Carnage Continues
For all the talking heads who piled into oil, oil stocks, oil credit, oil tea-cosies, and oil-producer FX…
Well that really escalated quickly…
WTI Crude’s biggest drop since Nov 28th 2014… after Jim Cramer said it “smelled like a bottom.”