24 April, 2015 by The TZ Newswire Staff Comments Off on From Woking to Wall Street: UK day traders dream of glory in daily grind
From Woking to Wall Street: UK day traders dream of glory in daily grind
The building is home to Futex, one of several so-called “trading farms” in the UK that give training, office space and equipment to people prepared to make short-term trades, mostly within a day, with their own money in the hope of being hired or sponsored for a cut of their profits. Navinder Singh Sarao – who has been accused by U.S. authorities of contributing to the May 2010 “flash crash” in Wall Street – worked there between early 2003 and early 2008, according to a statement by Futex on Friday.
24 April, 2015 by The TZ Newswire Staff Comments Off on Treasuries Notch Big Gain As Data Hint At Slowdown
Treasuries Notch Big Gain As Data Hint At Slowdown
If investors needed more evidence that economic growth stalled in the first quarter, a drop in capital- goods orders provided it. Treasuries rose the most in three weeks Friday after orders for business equipment unexpectedly fell in March for a seventh month.
24 April, 2015 by The TZ Newswire Staff Comments Off on Arris Acquires U.K.’s Pace In Tax-Inversion Deal
Arris Acquires U.K.’s Pace In Tax-Inversion Deal
Networking and telecom equipment maker Arris Group has already delivered solid results in the past three years. But its business is about to pick up, because the company announced Wednesday that it’s buying the U.K.’s Pace, which provides gear to the pay-television and broadband industries, for $2.1 billion in cash and stock. The deal will expand Arris’ offerings in equipment, software and services.
24 April, 2015 by The TZ Newswire Staff Comments Off on Annual Earnings Growth Is Spotty At CDK Global
Annual Earnings Growth Is Spotty At CDK Global
CDK Global (CDK) provides information tech and marketing services to parts of the automotive sector. The company’s return on equity was 17.4% in 2014, a five-year high. Pretax margin was 16.6%, just under a five-year high. Those are excellent numbers. However, annual earnings have been spotty. CDK grew EPS 9% in fiscal 2011, then 19%, 24% and 10%, according to data from William O’Neil + Co. CDK’s fiscal year ends in June.
24 April, 2015 by The TZ Newswire Staff Comments Off on This commodity is a smart investment: Experts
This commodity is a smart investment: Experts
Lack of supply and strong demand should send uranium prices higher, two analysts told CNBC. Here’s how they’d play it.
24 April, 2015 by The TZ Newswire Staff Comments Off on Cramer game plan: Countdown to Apple—play it right
Cramer game plan: Countdown to Apple—play it right
Jim Cramer has a method to his madness when it comes to playing Apple. He gives his game plan for the big earnings report.
24 April, 2015 by The TZ Newswire Staff Comments Off on Why Wall Street Isn’t Expecting Big Things from Discovery Communications Inc. on May 5
Why Wall Street Isn’t Expecting Big Things from Discovery Communications Inc. on May 5
Investors are bracing for flat profit growth and a weak U.S. ratings performance.