20 February, 2015 by The TZ Newswire Staff Comments Off on 6 signs the selfie craze has gone too far
6 signs the selfie craze has gone too far
How would you like to see your face on toast?
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20 February, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Eurozone reaches ‘broad consensus’ on bailout extension
The Wall Street Journal: Eurozone reaches ‘broad consensus’ on bailout extension
A Greek official said Friday that eurozone finance ministers had reached a “broad consensus” on a common statement on Greece’s finances, but a European official said discussions on its wording were still under way.
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20 February, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Marcato urges Sotheby’s to buy back stock
The Wall Street Journal: Marcato urges Sotheby’s to buy back stock
Sotheby’s shareholder Marcata Capital urges the auction house to buy back $500 million worth of its stock, a week after the company said it would suspend capital returns while it searches for a new chief executive.
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20 February, 2015 by The TZ Newswire Staff Comments Off on Market Turns Positive As Stocks Stage Reversal
Market Turns Positive As Stocks Stage Reversal
Major averages turned positive in early afternoon trading as leading medical stocks continued to dominate. The Dow Jones industrial average led with an 0.3% gain, while the Nasdaq picked up 0.2% and the S&P 500 0.1%. Volume was tracking higher across the board than at the same time Thursday. Economic data were light. The PMI Manufacturing Index climbed to 54.3, above January’s 53.7 and forecasts for 53.8.
20 February, 2015 by The TZ Newswire Staff Comments Off on Citigroup: "We Hope Those Forecasts Are Proven Wrong: Sweet Dreams Really Aren’t Made Of This"
Citigroup: "We Hope Those Forecasts Are Proven Wrong: Sweet Dreams Really Aren’t Made Of This"
… we almost hope those forecasts are proven wrong. They imply a widening gap between valuations and traditional fundamental relationships. They imply a dearth of yields and spreads that will almost invariably push more and more investors into positions they would ultimately rather not take. But if the old adage that markets move in the direction that causes the most pain to the largest number of people is anything to go by, then we suspect that this is what will happen.
20 February, 2015 by The TZ Newswire Staff Comments Off on The Margin: How to invest like Philadelphia 76ers general manager Sam Hinkie
The Margin: How to invest like Philadelphia 76ers general manager Sam Hinkie
The man running the Sixers is employed by a trader, acts like a trader, and talks like a trader.