14 April, 2015 by The TZ Newswire Staff Comments Off on Tightening Support for SPY and QQQ – GLD Breaks Trend Line
Tightening Support for SPY and QQQ – GLD Breaks Trend Line
Stocks finished the day mixed with not a lot going on in the market. QQQ and IWM edged lower, while DIA and SPY edged higher. And I do mean “edged” because the gains and losses were minimal. Energy was the stand out performer in an otherwise lackluster day. Some interest rate sensitive stocks moved higher as the 20+ YR T-Bond ETF (TLT) surged off support and the 10-YR Treasury Yield…
14 April, 2015 by The TZ Newswire Staff Comments Off on London Markets: FTSE 100 sets sights on new record as Burberry, Next rise
London Markets: FTSE 100 sets sights on new record as Burberry, Next rise
Gains for apparel retailers Next and Burberry are helping to pull the FTSE 100 above a record high.
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14 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Nokia agrees to buy Alcatel-Lucent in $16.6 billion deal
The Wall Street Journal: Nokia agrees to buy Alcatel-Lucent in $16.6 billion deal
Nokia has sealed an agreement to buy rival telecommunications-equipment firm Alcatel-Lucent in an all-stock deal that values the French company at €15.6 billion.
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14 April, 2015 by The TZ Newswire Staff Comments Off on Meet technology’s richest women
Meet technology’s richest women
Hewlett-Packard chief executive Meg Whitman is the technology sector’s wealthiest woman with a $1.3 billion fortune, according to Wealth-X.
14 April, 2015 by The TZ Newswire Staff Comments Off on Nokia to buy Alcatel-Lucent to grow in telecom equipment
Nokia to buy Alcatel-Lucent to grow in telecom equipment
HELSINKI/PARIS (Reuters) – Nokia will buy Alcatel-Lucent in an all-share deal that values its smaller French rival at 15.6 billion euros ($16.6 billion), building up its telecom equipment business to compete with market leader Ericsson. Nokia’s takeover of Alcatel-Lucent will redefine a telecom equipment sector suffering weak growth prospects and pressure from low-cost Chinese players Huawei [HWT.UL] and ZTE. The combined company will have about 114,000 employees and combined sales of around 26 billion euros.
14 April, 2015 by The TZ Newswire Staff Comments Off on Toyota to move Corolla production to Mexico to cut costs: Globe and Mail
Toyota to move Corolla production to Mexico to cut costs: Globe and Mail
Costs at Toyota’s assembly plants at Cambridge and Woodstock in Ontario are higher than at its U.S. factories and it makes sense to produce the more expensive vehicles in Canada, the newspaper quoted sources familiar with the matter as saying. Sources told Reuters that Toyota will spend $1 billion to build a car factory in Mexico, which is expected to begin functioning from the summer of 2019, ending a self-imposed three-year freeze on new investments. Toyota also plans to announce a new car factory in Guangzhou, China, this week.
14 April, 2015 by The TZ Newswire Staff Comments Off on In setback, Obama concedes Congress role on Iran deal
In setback, Obama concedes Congress role on Iran deal
U.S. President Barack Obama conceded on Tuesday that Congress will have the power to review a nuclear deal with Iran.