4 February, 2015 by The TZ Newswire Staff Comments Off on KFC parent Yum posts mixed Q4, shares rise on China optimism
KFC parent Yum posts mixed Q4, shares rise on China optimism
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 Under Armour profit climbs 36% as apparel sales surge
Under Armour profit climbs 36% as apparel sales surge
Sports apparel company Under Armour Inc’s quarterly profit rose by more than a third, driven by new lines of outdoor and sports apparel and strong demand for its running shoes. The company’s net income …
4 February, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Verizon nears $10 billion asset sale to Frontier
The Wall Street Journal: Verizon nears $10 billion asset sale to Frontier
Wireline assets deal would be the largest for U.S.
4 February, 2015 by The TZ Newswire Staff Comments Off on Baltic Dry Down 90% Of Days Since Cramer "Stressed Its Importance"; Crashes To New 29-Year Low
Baltic Dry Down 90% Of Days Since Cramer "Stressed Its Importance"; Crashes To New 29-Year Low
And the collapse just keeps going… since Thanksgiving, The Baltic Dry has fallen on 43 or the 47 days, down over 60% from the “China growth is back and all-is-well” hope-filled days of late October (when Jim Cramer “stressed the importance of watching the Baltic Dry Freight Index,” as his bullish thesis confirmation). At 569, The Baltic Dry is inching ever closer to what will be the lowest level ever (554 on 7/31/1986) for the global shipping cost indicator…
One or two more days like this and it will be the all-time low…
4 February, 2015 by The TZ Newswire Staff Comments Off on Will Michael Kors Holdings Ltd Surprise Wall Street When It Reports Earnings Tomorrow?
Will Michael Kors Holdings Ltd Surprise Wall Street When It Reports Earnings Tomorrow?
Michael Kors will report third-quarter earnings on Thursday. Here’s what investors need to know.
4 February, 2015 by The TZ Newswire Staff Comments Off on Market Extra: What you need to know about ECB’s Greek collateral decision
Market Extra: What you need to know about ECB’s Greek collateral decision
The European Central Bank’s decision to revoke the ability of Greek banks to use their country’s sovereign debt as collateral for short-term loans is a warning shot.
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4 February, 2015 by The TZ Newswire Staff Comments Off on ECB Cancels Waiver Allowing for Greek Government Debt Usage as Collateral
ECB Cancels Waiver Allowing for Greek Government Debt Usage as Collateral
Today’s financial recap and tomorrow’s financial outlook.