13 March, 2015 by The TZ Newswire Staff Comments Off on S&P 500 Down Nearly 1% In Broad Stock Decline
S&P 500 Down Nearly 1% In Broad Stock Decline
The stock market came off session lows but still traded sharply lower in afternoon activity Friday. The Nasdaq was down 0.8% and the S&P 500 shed 0.9%. The Dow Jones industrial average lost 1.1% as IBM (IBM) swooned 2.5%, deepening a drop below the 50-day moving average. Volume on both exchanges was tracking 6% higher than Thursday’s pace, which added to the bearish tone of the stock market today.
13 March, 2015 by The TZ Newswire Staff Comments Off on Can an emoji make a successful crowdfunding campaign?
Can an emoji make a successful crowdfunding campaign?
A branded emoji company created an emoji for a water bike Kickstarter campaign.
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13 March, 2015 by The TZ Newswire Staff Comments Off on Why Herbalife Ltd. Stock SkyrocketedToday
Why Herbalife Ltd. Stock SkyrocketedToday
13 March, 2015 by The TZ Newswire Staff Comments Off on Energy drags Wall St lower; S&P set to drop for third week
Energy drags Wall St lower; S&P set to drop for third week
U.S. stocks slumped on Friday, putting the S&P 500 on track for its third straight weekly decline, as a robust dollar threatened to erode the profits of multinationals and tumbling crude oil prices pressured energy shares.
13 March, 2015 by The TZ Newswire Staff Comments Off on New York Fed in crosshairs of Senate Banking committee
New York Fed in crosshairs of Senate Banking committee
The Senate Banking Committee is zeroing in on the New York Federal Reserve Bank in its reform effort aimed at the U.S. central bank. Committee Chairman Richard Shelby discussed the structure of the New York Fed with Fed Chair Janet Yellen in a meeting this week, a Senate Banking aide said on Friday. The Alabama Republican has expressed interest in a plan by the outgoing Dallas Fed president that includes stripping the New York Fed of its permanent vote on policy and transferring Wall Street oversight from New York to other regional banks.
13 March, 2015 by The TZ Newswire Staff Comments Off on Wall Street’s freaky Friday; March money Madness; TV’s comeback?
Wall Street’s freaky Friday; March money Madness; TV’s comeback?
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
13 March, 2015 by The TZ Newswire Staff Comments Off on Valeant won’t overpay for Salix: Bill Ackman
Valeant won’t overpay for Salix: Bill Ackman
Valeant chief Michael Pearson won’t pay too much for Salix, billionaire investor Bill Ackman tells CNBC.