6 March, 2015 by The TZ Newswire Staff Comments Off on Lannett Hangs Tough As Broad Market Starts To Wobble
Lannett Hangs Tough As Broad Market Starts To Wobble
On a tough day for the major averages Friday, Sector Leader Lannett Company (LCI) held its own. Lannett makes generic thyroid, cardiovascular and pain-management drugs. It’s no stranger to fast growth, and the company has made it abundantly clear it’s on the lookout for acquisitions to fuel continued growth. In early February, the company reported quarterly profit, excluding one-time charges, of $1.21 a share, up 163% from a year ago.
6 March, 2015 by The TZ Newswire Staff Comments Off on Your work emails are now worth millions of dollars—to lawyers
Your work emails are now worth millions of dollars—to lawyers
The market for the e-discovery of work emails and instant messages is turning into a billion-dollar business.
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6 March, 2015 by The TZ Newswire Staff Comments Off on Personal Finance Daily: Colleges with the best ROI, fancy Guinness
Personal Finance Daily: Colleges with the best ROI, fancy Guinness
Colleges with the best return on tuition, a new $35 bottle of Guinness.
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6 March, 2015 by The TZ Newswire Staff Comments Off on Crude Awakening: Why Next Week Could Be Carnage For Oil ETFs
Crude Awakening: Why Next Week Could Be Carnage For Oil ETFs
Don’t look now, but the sharp slide in crude prices may be leading the proverbial sheep to slaughter. Investors have piled into the market’s largest crude ETF over the last several months sending the number of shares outstanding to the highest level since 2009. We suspect many of these “investors” might be unaware that they’re currently staring down the most severe decoupling between second- and first- month contracts in four years.
Sell low, buy high anyone?
6 March, 2015 by The TZ Newswire Staff Comments Off on West-Coast Port Fiasco Does ‘Permanent, Irrevocable Damage’
West-Coast Port Fiasco Does ‘Permanent, Irrevocable Damage’
The labor dispute that wreaked havoc on West Coast ports and on shippers for months was tentatively settled on February 20. By then, it was too late.
Cargo had been delayed for weeks. Perishable goods with sell-by dates were stuck in refrigerated containers somewhere. Companies around the country spent endless working hours to keep the supply chain from collapsing. Cargo was shipped by air at a big additional cost. Demurrage charges and other costs piled up. Manufacturers, like Honda, ran out of parts and had to cut production…. It was a fiasco shippers won’t forget.
