24 March, 2015 by The TZ Newswire Staff Comments Off on Freeport-McMoRan slashes quarterly dividend
Freeport-McMoRan slashes quarterly dividend
Freeport-McMoRan cut its quarterly dividend to 5 cents a share from 31.25 cents a share, citing the impact of lower commodity prices.
24 March, 2015 by The TZ Newswire Staff Comments Off on George Soros Warns Greece "Is Going Down The Drain"
George Soros Warns Greece "Is Going Down The Drain"
“Right now we are at the cusp,” billionaire George Soros tells Bloomberg TV in this brief clip, the chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain.” The 84-year-old fears that talks between Greece and ‘the institutions’ could “break down,” adding that “Greece is a long-festering problem that was mishandled from the beginning by all parties,” concluding that the chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain.” Finally, Soros notes, what worries him the mo
24 March, 2015 by The TZ Newswire Staff Comments Off on Intel Corporation’s Unlocked Broadwell Seems Pointless
Intel Corporation’s Unlocked Broadwell Seems Pointless
Fresh details of Intel’s latest unlocked desktop chip point to a product unfit for its intended market segment.
24 March, 2015 by The TZ Newswire Staff Comments Off on 3 Warren Buffett Stocks for Retirement Investors
3 Warren Buffett Stocks for Retirement Investors
Warren Buffett has built one of the biggest fortunes in the world by investing in solid high-quality companies. With this in mind, Buffett stocks can be particularly convenient for those investing for retirement.
24 March, 2015 by The TZ Newswire Staff Comments Off on GOP budget makes life harder for middle class: Dem
GOP budget makes life harder for middle class: Dem
The Republican budget would cut some taxes that help working Americans, Democratic Rep. Chris Van Hollen tells CNBC.
24 March, 2015 by The TZ Newswire Staff Comments Off on Early movers: Estée Lauder, Abiomed & more
Early movers: Estée Lauder, Abiomed & more
Take a look at some of Tuesday’s early movers:
24 March, 2015 by The TZ Newswire Staff Comments Off on Consumer Prices Rise Most Since May 2014, Led By Gas Prices & Shelter Costs
Consumer Prices Rise Most Since May 2014, Led By Gas Prices & Shelter Costs
Following the first YoY deflation since 2009 in January, February’s CPI YoY data managed to scrape its way back to unchanged (very modestly better than the 0.1% drop expected). Consumer prices rose 0.2% MoM – the most since May 2014 with gas prices up MoM for the first time since June. So what is the narrative now: if tumbling gas prices didn’t get consumers to spend, rising gas costs will?