23 April, 2015 by The TZ Newswire Staff Comments Off on Starbucks shares get a jolt as Q2 sales top estimates
Starbucks shares get a jolt as Q2 sales top estimates
Starbucks Corp said on Thursday sales at its coffee shops in the Americas region grew more than expected, calming concerns about cooling growth and sending shares up 4.4 percent in after-hours trading. Sales at Starbucks shops open at least 13 months were up 7 percent in the Americas region for the fiscal second quarter that ended March 29. Starbucks’ Americas region contributes the majority of company revenue.
23 April, 2015 by The TZ Newswire Staff Comments Off on Comcast plans to drop Time Warner Cable deal: Report
Comcast plans to drop Time Warner Cable deal: Report
Comcast Corp plans to drop its offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter. The cable operator …
23 April, 2015 by The TZ Newswire Staff Comments Off on Nobel prize-winner Stiglitz: Three steps to solve income inequality
Nobel prize-winner Stiglitz: Three steps to solve income inequality
The modern story of inequality goes much deeper than stagnant wage growth. It’s inequality of opportunity as well. It’s something Nobel-prize winning economist, Joseph Stiglitz has studied and written about a great deal.
23 April, 2015 by The TZ Newswire Staff Comments Off on U.S. shale fracklog triples as drillers keep oil from market
U.S. shale fracklog triples as drillers keep oil from market
Drillers in oil and gas fields from Texas to Pennsylvania have yet to turn on the spigots at 4,731 wells they’ve drilled, keeping 322,000 barrels a day underground, a Bloomberg Intelligence analysis shows.
23 April, 2015 by The TZ Newswire Staff Comments Off on Wal-Mart’s CEO pay falls 24 pct for 2014
Wal-Mart’s CEO pay falls 24 pct for 2014
Unimpressive results at Wal-Mart Stores Inc. are hurting pay for its top executives. Wal-Mart’s CEO Doug McMillon, who took over the top job at the world’s largest retailer in February 2014, received a …
23 April, 2015 by The TZ Newswire Staff Comments Off on A Bubble in High Dividend Stocks?
A Bubble in High Dividend Stocks?
Is there a bubble in high-yield stocks? Here’s how to look for signs of a bubbly market in two high-yield corners of the stock market today.
23 April, 2015 by The TZ Newswire Staff Comments Off on Petrobras CFO: We’re aiming for transparency
Petrobras CFO: We’re aiming for transparency
Brazilian oil giant Petrobras believes it has started to normalize its relationship with investors and to implement better governance.