6 February, 2015 by The TZ Newswire Staff Comments Off on TurboTax Fails Audit
TurboTax Fails Audit
The biggest online tax service upsets customers with pared-down Deluxe version. Then it amends return.
6 February, 2015 by The TZ Newswire Staff Comments Off on Guest Post: How Vaccine Hysteria Could Spark A Totalitarian Nightmare
Guest Post: How Vaccine Hysteria Could Spark A Totalitarian Nightmare
6 February, 2015 by The TZ Newswire Staff Comments Off on Valuations may hurt small caps, despite job growth
Valuations may hurt small caps, despite job growth
With nearly all of their revenue coming from the United States, the companies in the Russell 2000 (.TOY) should be the most obvious beneficiaries of a growing U.S. economy. Companies in the Russell 2000 look expensive compared with their history, said Steven DeSanctis, an analyst at Bank of America Merrill Lynch (BAC.N), in a Feb. 3 note to clients. The Russell 2000 is up 11.9 percent over the last 12 months, compared with a 16.7 percent gain in the large-cap Standard & Poor’s 500 index (.SPX) over that time.
6 February, 2015 by The TZ Newswire Staff Comments Off on Exclusive: Top Fox investors seek to convert voting shares, Murdoch may benefit – sources
Exclusive: Top Fox investors seek to convert voting shares, Murdoch may benefit – sources
Several top investors in Twenty-First Century Fox Inc are pressing for the right to swap their voting shares for ordinary shares, which are trading at an unusual premium, even though the move could hand even more control of the company to Rupert Murdoch, according to people familiar with the matter. Fox’s dual-class share structure already gives the 83-year-old media mogul control over 39.7 percent of voting rights, even though he and his family hold only a 12 percent equity stake.
6 February, 2015 by The TZ Newswire Staff Comments Off on RadioShack would accept liquidation bids: lawyer
RadioShack would accept liquidation bids: lawyer
RadioShack, which filed for Chapter 11 protection on Thursday, has a tentative deal to sell as many as 2,400 of its 4,100 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder. RadioShack, which posted 11 straight quarterly losses after failing to transform itself into a destination for mobile phone buyers, hopes to avoid the fate that plagues many bankrupt retailers: liquidation. A court hearing on procedures for bidding on RadioShack’s assets is set for Feb. 20, with a final sale hearing tentatively scheduled for March 12.
6 February, 2015 by The TZ Newswire Staff Comments Off on Motorola exploring possible sale: Bloomberg
Motorola exploring possible sale: Bloomberg
Walkie-talkie and radio systems maker Motorola Solutions Inc is looking into a possible sale, Bloomberg reported, citing people familiar with the matter. Potential buyers could include private-equity firms …
6 February, 2015 by The TZ Newswire Staff Comments Off on Isolated Greece wants no more bailout money with strings
Isolated Greece wants no more bailout money with strings
ATHENS/BRUSSELS (Reuters) – Greece’s new leftist-led government, isolated in the euro zone and under pressure from the European Central Bank, said on Friday it wanted no more bailout money with strings attached from the European Union and International Monetary Fund. Instead, a government official said, it wanted authority from the euro zone to issue more short-term debt, and to receive profits that the European Central Bank and other central banks have gained from holding Greek bonds.