26 March, 2015 by The TZ Newswire Staff Comments Off on CSX Cuts Outlook Despite CEO Saying "Expects No Impact From Low Oil Prices"
CSX Cuts Outlook Despite CEO Saying "Expects No Impact From Low Oil Prices"
When CSX CEO Michael Ward arrogantly strode onto CNBC six weeks ago and proclaimed, he has “not seen any changes,” suggesting everything’s fine down to $30-35 oil and “expected no impact on crude shipments,” we carefully suggested he was being a little careful with the truth. So, when today, the company issued the following statement:
26 March, 2015 by The TZ Newswire Staff Comments Off on Indexes Stall Near Flat Line; Lannett Up Some More
Indexes Stall Near Flat Line; Lannett Up Some More
Stocks were again mostly flat in late trading Thursday. Attempts to make further progress into positive territory have mostly been thwarted. The S&P 500 and the Dow Jones industrial average were unchanged. The Nasdaq was down 0.1%. Volume has turned mixed. Trade was still higher on the NYSE, but volume has turned lower on the Nasdaq. Lannett (LCI) pushed its gain to 5%.
26 March, 2015 by The TZ Newswire Staff Comments Off on War in Yemen: What it means—and doesn’t mean
War in Yemen: What it means—and doesn’t mean
Americans “need to understand just how important a threat Yemen can be,” says one analyst.
26 March, 2015 by The TZ Newswire Staff Comments Off on Who Wants To Work At A Hedge Fund?
Who Wants To Work At A Hedge Fund?
26 March, 2015 by The TZ Newswire Staff Comments Off on SanDisk Corp. Stock Crashes on Guidance Cut
SanDisk Corp. Stock Crashes on Guidance Cut
What investors need to know about SanDisk’s outlook.
26 March, 2015 by The TZ Newswire Staff Comments Off on Stuck With a House That Can’t Be Sold
Stuck With a House That Can’t Be Sold
Homes that were bought at the top of the market are now floundering in negative equity. Svenja Gudell, director of economic research at Zillow, says there’s a good chance that such properties will never be worth the mortgage debt owed on them.
26 March, 2015 by The TZ Newswire Staff Comments Off on Leon Cooperman’s Omega gets federal subpoena
Leon Cooperman’s Omega gets federal subpoena
The billionaire investor told clients his firm was subpoenaed by prosecutors in New Jersey, according to a letter obtained by CNBC.