26 February, 2015 by The TZ Newswire Staff Comments Off on J.C. Penney tumbles as retailer reveals surprise Q4 loss
J.C. Penney tumbles as retailer reveals surprise Q4 loss
Department store chain J.C. Penney Co Inc reported a 3 percent rise in quarterly sales as demand for household goods, apparel and jewelry increased during the holiday shopping season. The company posted …
26 February, 2015 by The TZ Newswire Staff Comments Off on Gap tops Street Q4 forecasts
Gap tops Street Q4 forecasts
On a per-share basis, the San Francisco-based company said it had net income of 75 cents. The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research …
26 February, 2015 by The TZ Newswire Staff Comments Off on Wall Street tilts lower as oil sinks
Wall Street tilts lower as oil sinks
U.S. stock indexes are drifting mostly lower, pulling the Dow Jones industrial average slightly below its latest all-time high. The Dow fell 10 points, or 0.1 percent, to close at 18,214 Thursday. The …
26 February, 2015 by The TZ Newswire Staff Comments Off on Herbalife shares pop on big earnings beat
Herbalife shares pop on big earnings beat
Herbalife stock dipped in after-hours trading right after the earnings were released, but then quickly rebounded.
26 February, 2015 by The TZ Newswire Staff Comments Off on Behind the Storefront: Barnes & Noble college-bookstore spinoff plan is a nod to a fast-evolving business
Behind the Storefront: Barnes & Noble college-bookstore spinoff plan is a nod to a fast-evolving business
Barnes & Noble has filed to spin off its campus-bookstores unit into a separate publicly traded company—a move betraying the tumult that college retail stores and textbooks have endured.
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26 February, 2015 by The TZ Newswire Staff Comments Off on Personal Finance Daily: Tax tips, and only half of Americans feel financially secure
Personal Finance Daily: Tax tips, and only half of Americans feel financially secure
Answers to your tax-related IRA questions, and only half of Americans feel financially secure.
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26 February, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: EU official talks up pan-Europe capital market in U.S. trip
Capitol Report: EU official talks up pan-Europe capital market in U.S. trip
The European Commission’s head of financial stability on Thursday said his proposal to make it easier for companies to raise capital throughout the Continent is being supported across the Atlantic.
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