17 April, 2015 by The TZ Newswire Staff Comments Off on Hillary is not anti-Wall Street: Steven Rattner
Hillary is not anti-Wall Street: Steven Rattner
Hillary Clinton believes U.S. capital markets are the best in the world and have a role to play, Steven Rattner tells CNBC.
17 April, 2015 by The TZ Newswire Staff Comments Off on Elizabeth O’Brien’s Retire Well: Defend against hits from high-deductible health plans
Elizabeth O’Brien’s Retire Well: Defend against hits from high-deductible health plans
Out-of-pocket health-care costs can really hurt if you have a high-deductible health plan; here are tips to manage the cash crunch.
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17 April, 2015 by The TZ Newswire Staff Comments Off on Stock Futures Aim Sharply Lower; Celanese, IGate, Ulta Advance
Stock Futures Aim Sharply Lower; Celanese, IGate, Ulta Advance
Stock futures dug in for a weak open Friday, echoing losses among Europe’s markets. Dow futures dived 123.8 points below fair market value. Nasdaq 100 futures were down 30 points. S&P 500 futures showed a stiff 10-point loss. All were falling. The stock market today shows the Nasdaq and S&P 500 largely unmoved this week, up 0.2% and 0.1%, respectively, through Thursday.
17 April, 2015 by The TZ Newswire Staff Comments Off on S&P to start its correction today, analyst warns
S&P to start its correction today, analyst warns
Major global benchmarks are set for a short correction over the next month, technical analysts told CNBC Friday.
17 April, 2015 by The TZ Newswire Staff Comments Off on GE posts net loss on finance sale; industrial profit rises
GE posts net loss on finance sale; industrial profit rises
Results were weighed down by about $16 billion in charges tied to its exit of GE Capital assets. The company disclosed last week it was shedding much of its finance business. Total sales fell 12.5 percent to $29.34 billion, as GE Capital revenue slid 39 percent. GE’s shares soared the most in six years last Friday on the company’s surprise announcement about GE Capital, pleasing investors who said the finance business weighed on GE’s value as an industrial company.
17 April, 2015 by The TZ Newswire Staff Comments Off on Greece Enters the Twilight Zone
Greece Enters the Twilight Zone
With Greek officials hinting they could be forced from the euro and the country’s creditors growing frustrated with the government’s foot-dragging, analysts are asking what might happen if talks break down. German officials are “taking just about everything into consideration,” Finance Minister Wolfgang Schaeuble said in an interview this week as he urged Greek leader Alexis Tsipras to stop offering his people false hopes.
17 April, 2015 by The TZ Newswire Staff Comments Off on UBS set to beef up compliance with 350 staff – memo
UBS set to beef up compliance with 350 staff – memo
Swiss bank UBS (UBSG.VX) is set to add as many as 350 compliance staff in Nashville and Krakow over the next two to three years, according to a memo seen by Reuters on Friday. The move boosts the Swiss bank’s compliance and operational risk control department led by Colin Bell to roughly 1,500 people, and comes after a series of costly scandals including a probe into the attempted manipulation of foreign exchange rates.