23 April, 2015 by The TZ Newswire Staff Comments Off on Stocks Rebound From Soft Start; Skechers Surges
Stocks Rebound From Soft Start; Skechers Surges
Stocks opened lower, but have since turned narrowly mixed amid a flood of corporate earnings and disappointing economic data. The Nasdaq and the S&P 500 were each just fractionally higher, while the Dow Jones industrial average slipped 0.1%. Volume was running higher on both major exchanges in the stock market today. In economic news, new-home sales slumped 11.4% in March to an annual rate of 481,000 units.
23 April, 2015 by The TZ Newswire Staff Comments Off on Wells Fargo Exits Low Touch Equity Market Making
Wells Fargo Exits Low Touch Equity Market Making
Wells Fargo continues to scale back its U.S. equity markets business, pulling out of the electronic or low-touch retail market making business.
23 April, 2015 by The TZ Newswire Staff Comments Off on Why This Billion Dollar Fund Manager Is Betting Big on LinkedIn Corp Stock
Why This Billion Dollar Fund Manager Is Betting Big on LinkedIn Corp Stock
There is a lot to like about the professional networking behemoth, and money managers are getting onboard.
23 April, 2015 by The TZ Newswire Staff Comments Off on YouTube turns 10 today. This was its first video
YouTube turns 10 today. This was its first video
A decade ago, YouTube saw its very first video. Here it is, 19,794,546+ views later.
23 April, 2015 by The TZ Newswire Staff Comments Off on Wall Street firm: Correction coming, sell stocks
Wall Street firm: Correction coming, sell stocks
A Wall Street firm cut its recommended weighting of U.S. stocks to just 45 percent, pointing to stretched valuations.
23 April, 2015 by The TZ Newswire Staff Comments Off on Facebook users watch 4 BILLION videos each day
Facebook users watch 4 BILLION videos each day
The social network announced on its Q1 earnings call that it now serves up four billion video views to its user base every day, Re/code reports.
