14 April, 2015 by The TZ Newswire Staff Comments Off on MarketWatch First Take: Intel’s cap spending cuts may fuel concerns
MarketWatch First Take: Intel’s cap spending cuts may fuel concerns
Intel Corp.’s lackluster first quarter results were on target with its previously reduced guidance, but a bigger surprise was a far larger than expected cut in its capital spending forecast.
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14 April, 2015 by The TZ Newswire Staff Comments Off on Has the U.S. economy already peaked?
Has the U.S. economy already peaked?
U.S. economic growth is forecast to have essentially slowed to a halt during the first quarter. Most economists are blaming the gloomy data on harsh weather … but what if it’s something more ominous?
14 April, 2015 by The TZ Newswire Staff Comments Off on Intel Q1 results match views, shares jump
Intel Q1 results match views, shares jump
Intel’s shares rose 3 percent to $32.42 in after market trading. Analysts had expected a profit of 41 cents per share, according to Thomson Reuters I/B/E/S. Intel has been lagging behind rivals such as Qualcomm Inc and ARM Holdings Plc — the British company behind the processor in Apple’s iPhone 6 — in the fast-growing smartphone market. Intel forecast current-quarter revenue of $13.2 billion, plus or minus $500 million.
14 April, 2015 by The TZ Newswire Staff Comments Off on Wall Street rises following mixed profit reports
Wall Street rises following mixed profit reports
U.S. stocks are mostly rising in afternoon trading Tuesday as investors react to mixed corporate earnings. JPMorgan Chase jumped after reporting first-quarter results that beat expectations. Energy companies …
14 April, 2015 by The TZ Newswire Staff Comments Off on Hedge fund money going to venture-backed startups is skyrocketing
Hedge fund money going to venture-backed startups is skyrocketing
The amount of venture capital start up companies are raising from hedge funds, mutual funds and others beyond the traditional venture capital community is skyrocketing, fueling fears of another tech bubble.
14 April, 2015 by The TZ Newswire Staff Comments Off on Avon exploring sale of North America business: WSJ
Avon exploring sale of North America business: WSJ
Avon’s shares rose as much as 18.1 percent to $9.46. No deal regarding the North American business is imminent, the WSJ said, citing people familiar with the matter. The company’s North American business, which accounted for 14 percent of the total revenue in 2014, has posted losses for the last three years. Chief Executive Sheri McCoy has been struggling to turn around Avon as it loses representatives – the so-called “Avon Ladies” – in the United States, and grapples with weak demand in Brazil, its largest market.
14 April, 2015 by The TZ Newswire Staff Comments Off on If You’re The CEO Of A Major Company, It Pays To Say “I Will Not Act On That Urge To Organize A Boys Night Involving Hookers, Blow, Women’s Clothing, N*pple Clamps, And Vanilla Crème Flavored Peeps, As Much As I Want To”
If You’re The CEO Of A Major Company, It Pays To Say “I Will Not Act On That Urge To Organize A Boys Night Involving Hookers, Blow, Women’s Clothing, N*pple Clamps, And Vanilla Crème Flavored Peeps, As Much As I Want To”
Is your title chief executive officer? Are you thinking of (circle all that apply:) Cheating on your spouse; engaging with pay-to-play lays; doing enough drugs that Hunter S. Thompson would say “Whoa man, take it easy”; lying about using petty cash to retile your bathroom; slipping the guacamole girl at Chipotle your card and asking […]