27 April, 2015 by The TZ Newswire Staff Comments Off on How the little guy can profit from merger mania
How the little guy can profit from merger mania
Merger funds and ETFs are vehicles for retail investors to get involved in the trillion-dollar boom in corporate M&A.
27 April, 2015 by The TZ Newswire Staff Comments Off on Despite US Services PMI Miss, Markit Says "FOMC Should Normalize Policy Sooner"
Despite US Services PMI Miss, Markit Says "FOMC Should Normalize Policy Sooner"
After 3 months of somewhat surprising strength (given the background of disastrous hard data), US Services PMI dropped in April by the most since December, missing expectations by the most on record. Against serial extrapolators’ expectations of a rise to 58.9, PMI fell to 57.8 with cost inflation jumping to a six-month high and the biggest rise in the jobs index suggests to Markit that “the FOMC to consider starting the process of normalising monetary policy sooner rather than later at its meeting later this week..”
27 April, 2015 by The TZ Newswire Staff Comments Off on S&P downgrades Puerto Rico to CCC+ from B
S&P downgrades Puerto Rico to CCC+ from B
Standard & Poor’s downgraded Puerto Rico’s general obligation rating to “CCC+” from “B” in a Monday morning announcement.
27 April, 2015 by The TZ Newswire Staff Comments Off on Live: Wall St.’s record followup; Apple earnings preview; Chipotle’s GMO-free menu
Live: Wall St.’s record followup; Apple earnings preview; Chipotle’s GMO-free menu
Join Market Movers live now for the latest premarket headlines.
27 April, 2015 by The TZ Newswire Staff Comments Off on Apple is no bellwether for the market
Apple is no bellwether for the market
It’s the biggest stock in the world, but don’t call it a bellwether. Apple is worth more than any company in history, at more than $750 billion.
27 April, 2015 by The TZ Newswire Staff Comments Off on Why the US won’t have OPEC to kick around in 2016
Why the US won’t have OPEC to kick around in 2016
U.S. elections have long featured a familiar whipping post. Thanks to the energy boom, however, it’s one that may not play a role in 2016.
27 April, 2015 by The TZ Newswire Staff Comments Off on Corinthian Colleges to shut down all 28 remaining campuses
Corinthian Colleges to shut down all 28 remaining campuses
Corinthian Colleges will shut down all of its remaining 28 ground campuses, displacing about 16,000 students, less than two weeks after the U.S. Department of Education announced it was fining the for-profit …