28 April, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Asian trade pact won’t be the Nafta rewrite Obama claims, experts say
Capitol Report: Asian trade pact won’t be the Nafta rewrite Obama claims, experts say
President Barack Obama’s assertion that an Asia trade deal could improve the North American Free Trade Agreement of the 1990s may make a good political argument but isn’t serious, trade experts say.
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28 April, 2015 by The TZ Newswire Staff Comments Off on Is India Too Expensive? Its ETFs Are In Trouble
Is India Too Expensive? Its ETFs Are In Trouble
What’s ailing India ETFs? Star performers at the global level until recently, they’ve taken a tumble. Two of the largest exchange traded funds tracking the subcontinent’s equities are each 10% off their old highs, set in early March. IShares MSCI India (INDA), with $3.6 billion in assets, has given up 6.2% so far in April and is up 0.1% year to date. The $2.28 billion WisdomTree India Earnings (EPI) has lost 5% and 1.7% in those periods.
28 April, 2015 by The TZ Newswire Staff Comments Off on Citigroup leaders win shareholder support as stock lags
Citigroup leaders win shareholder support as stock lags
Citigroup Inc (C.N) shareholders re-elected directors and overwhelmingly sided with the board on proposals at their annual meeting on Tuesday even as their stock traded for less than the company thinks it is worth. CEO Mike Corbat, in response to a question from stock analyst Mike Mayo, said the company wanted to continue repurchasing its stock while it was trading below tangible book value, but would not be hasty in selling additional assets and drawing down capital. Citigroup has pegged its tangible book value per share, a measure of its net worth, at $57.66, as of the end of March.
28 April, 2015 by The TZ Newswire Staff Comments Off on Cablevision to offer Hulu’s on-demand video to customers
Cablevision to offer Hulu’s on-demand video to customers
Cable operator Cablevision Systems Corp said it would offer Hulu’s subscription video-streaming service to customers under its Optimum plans. The deal makes Cablevision the first cable or satellite provider to agree to distribute Hulu’s catalog of on-demand content, the company said on Tuesday. Cablevision has been losing cable customers to internet services such as Netflix and Hulu as subscribers “cut the cord”. The cable operator reported a drop in video subscribers for the tenth straight quarter in February.
28 April, 2015 by The TZ Newswire Staff Comments Off on Cybersecurity protection keeping VeriFone ‘very busy’
Cybersecurity protection keeping VeriFone ‘very busy’
VeriFone, a provider of card-swiping machines and payment services is confident it can keep consumers safe
28 April, 2015 by The TZ Newswire Staff Comments Off on Goldman: How investors will make $1T this year
Goldman: How investors will make $1T this year
Investors will make more than $1 trillion in 2015, Goldman Sachs said.
28 April, 2015 by The TZ Newswire Staff Comments Off on Brett Arends’s ROI: Here’s why expecting U.S. stocks to make you rich would be a mistake
Brett Arends’s ROI: Here’s why expecting U.S. stocks to make you rich would be a mistake
Today’s robust stock market performance is not the historical norm.