3 April, 2015 by The TZ Newswire Staff Comments Off on John Kerry – Nobel Peace Prize Nominee?
John Kerry – Nobel Peace Prize Nominee?
John Kerry did not start the negotiations with Iran over its nuclear program; but, as National Journal’s George Condon notes, nobody has thrown himself more into the talks and nobody’s reputation has more riding on their outcome than the American secretary of State currently trying to hammer out a deal in Switzerland.
3 April, 2015 by The TZ Newswire Staff Comments Off on U.S. judge approves settlement with Commerzbank
U.S. judge approves settlement with Commerzbank
A federal judge on Friday approved a settlement between the U.S. government and German bank Commerzbank AG to resolve sanctions and anti-money laundering violations. Commerzbank struck a deferred prosecution …
3 April, 2015 by The TZ Newswire Staff Comments Off on Tesla says delivered record 10,030 cars in first quarter
Tesla says delivered record 10,030 cars in first quarter
Tesla Motors Inc said it delivered a record 10,030 cars in the first quarter, a 55 percent increase compared with the number of deliveries in the first quarter of last year. The company said going forward …
3 April, 2015 by The TZ Newswire Staff Comments Off on Activist hedge fund says will not seek to replace Vivendi board
Activist hedge fund says will not seek to replace Vivendi board
U.S. hedge fund P. Schoenfeld Asset Management (PSAM) will stop short of seeking to replace the board of Vivendi at an April 17 shareholders’ meeting, despite opposing the French media group’s stance on shareholder returns. “We are not planning to try to put any new directors on the agenda,” Peter Schoenfeld told Reuters in an interview. Schoenfeld and Vivendi have been at odds since March 23, when the fund called for an increase to the company’s planned payout to shareholders from a 35 billion euro ($38 billion) cash pile amassed from a series of disposals.
3 April, 2015 by The TZ Newswire Staff Comments Off on Here We Go: Goldman Declares That "The Right Policy Would Be To Put Hikes On Hold For Now"
Here We Go: Goldman Declares That "The Right Policy Would Be To Put Hikes On Hold For Now"
It was just two days ago when we observed that during the latest Fed matinee, none other than Goldman’s Jan Hatzius presented a slide deck suggestively titled “Hiking Rates in the Name of Financial Stability.”
3 April, 2015 by The TZ Newswire Staff Comments Off on 3 Promising Tech Stocks Under $10
3 Promising Tech Stocks Under $10
BlackBerry, Frontier Communications and Zynga are three of the more promising tech stocks trading for less than $10 a share.
3 April, 2015 by The TZ Newswire Staff Comments Off on Is The Stage Set For A High Yield Meltdown?
Is The Stage Set For A High Yield Meltdown?
We’ve talked a lot lately about HY in general and about the HY energy space more specifically. Recapping, periods of QE in the US saw US HY supply surge 50% above normal levels as issuers sought to take advantage of lower borrowing costs and investors clamored for the relatively higher yields they could get by taking on more credit risk.