23 April, 2015 by The TZ Newswire Staff Comments Off on Low-key launch as Apple Watch finally goes on sale
Low-key launch as Apple Watch finally goes on sale
The Apple Watch launched globally on Friday with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc’s first wearable gadget, but there was no sign of the excitement usually attached to the company’s product rollouts. Buyers can take the smartwatch home from a handful of upscale boutiques and department stores, including The Corner in Berlin, Maxfield in Los Angeles and Dover Street Market in Tokyo and London, which Apple courted to help position the watch as a fashion item.
23 April, 2015 by The TZ Newswire Staff Comments Off on Despite earnings beats, expectations dim for later quarters
Despite earnings beats, expectations dim for later quarters
Most U.S. companies so far this earnings season have managed to beat Wall Street profit forecasts despite weak sales, but investors hoping corporate headwinds have died down may need to temper their enthusiasm. Of the 169 Standard & Poor’s 500 companies that have reported so far, 71 percent beat earnings estimates, many of which were modest to begin with, Thomson Reuters data showed.
23 April, 2015 by The TZ Newswire Staff Comments Off on Starbucks’ strong results quash growth woes, shares rise
Starbucks’ strong results quash growth woes, shares rise
Starbucks, which is expanding its menus with food, beer and wine, tea drinks and fruit and vegetable smoothies, plans to begin offering delivery service in New York City and Seattle this year. Sales at Starbucks shops open at least 13 months were up 7 percent in the Americas region for the fiscal second quarter ended March 29. Starbucks’ Americas region, which includes the United States, Canada and Latin America, contributes the majority of company revenue.
23 April, 2015 by The TZ Newswire Staff Comments Off on Merkel: must prevent Greece running out of cash before deal
Merkel: must prevent Greece running out of cash before deal
German Chancellor Angela Merkel said on Thursday everything must be done to prevent Greece running out of money before it reaches a cash-for-reform deal with its international creditors, amid heightened concern that Athens is nearing the brink. Merkel, Europe’s pre-eminent leader, was speaking after a meeting she called “constructive” with Greek Prime Minister Alexis Tsipras on the sidelines of a European Union summit in Brussels.
23 April, 2015 by The TZ Newswire Staff Comments Off on The Margin: Godzilla, and the hotel that ate Tokyo
The Margin: Godzilla, and the hotel that ate Tokyo
At long sweet last, Tokyo now has a Godzilla-themed luxury hotel.
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23 April, 2015 by The TZ Newswire Staff Comments Off on Asia shares mixed after U.S. stocks hit new highs
Asia shares mixed after U.S. stocks hit new highs
Asia markets zigzagged on Friday as traders parsed through a deluge of earnings from U.S. corporate heavyweights.
23 April, 2015 by The TZ Newswire Staff Comments Off on No bubble fears as Nasdaq hits record high: Pro
No bubble fears as Nasdaq hits record high: Pro
David Sherman, founding manager & principal at Cohanzick Management, says the tech-heavy index is “healthier and reflective of more quality businesses” these days.