14 May, 2015 by The TZ Newswire Staff Comments Off on Leading Drug Stock Tops Views As It Preps Buy Point
Leading Drug Stock Tops Views As It Preps Buy Point
Allergan is just the latest in a flurry of strategic acquisitions that has boosted Actavis’ (ACT) size, drug portfolio and global reach at a rapid pace. The stock has found support at its 50-day moving average as it shapes a flat base with a potential buy point at 317.82 (see today’s Investor’s Corner column on Page B4 for more on the 50-day line).
14 May, 2015 by The TZ Newswire Staff Comments Off on Over 100 Stocks Hit New Highs; Criteo Tops Buy Point
Over 100 Stocks Hit New Highs; Criteo Tops Buy Point
More than 100 stocks hit new highs Thursday as the market rallied. But volume was mostly weak. Criteo (CRTO), a French online advertising firm that made a presentation at a Jefferies investor conference Wednesday, was an exception. The stock climbed 1.97 to 47.50 in triple its average daily volume, clearing a 46.60 buy point of a consolidation. Its relative strength line hit a new high, boding well for the breakout.
14 May, 2015 by The TZ Newswire Staff Comments Off on Saudis Get Upper Hand In Market-Share War With Shale
Saudis Get Upper Hand In Market-Share War With Shale
It’s been an interesting week for anyone keeping an eye on the oil supply scene. On Wednesday, a tentative cease-fire began in the fighting between Saudi Arabia and Houthi rebels in Yemen. The conflict had forced oil prices higher on fear that the Houthis could seize control of the narrow Bab el-Mandeb Strait, a major oil passage midway between the Persian Gulf and the Suez Canal.
14 May, 2015 by The TZ Newswire Staff Comments Off on The Economy Is Booming, Just Ask A Hooker: CNBC
The Economy Is Booming, Just Ask A Hooker: CNBC
14 May, 2015 by The TZ Newswire Staff Comments Off on Harvard’s in-house fund managers get 70% pay hike
Harvard’s in-house fund managers get 70% pay hike
Harvard, the world’s richest university, said on Thursday it paid its six in-house money managers a combined $49.3 million in 2013.
14 May, 2015 by The TZ Newswire Staff Comments Off on Crude Oil Sinks On Sharp Drop In Refinery Use
Crude Oil Sinks On Sharp Drop In Refinery Use
Oil fell for a second day after the biggest drop in U.S. refinery activity in four months cut crude demand. Refinery utilization slowed by 1.8 percentage points last week, the biggest decline since Jan. 16, the U.S. Energy Information Administration said Wednesday. Oil supply from both the Organization of Petroleum Exporting Countries and U.S.
14 May, 2015 by The TZ Newswire Staff Comments Off on Miami Beach Cops Caught Exchanging 100s Of Racist, Pornographic Emails
Miami Beach Cops Caught Exchanging 100s Of Racist, Pornographic Emails
Just as race relations in America leave the front-pages for a day – as the news cycle briefly and sadly focuses on Amtrak – Miami Beach police department drags the nation back into debate. According to Miami-Dade State Attorney Katherine Fernandez Rundle, more than a dozen Miami Beach Police officers exchanged numerous racist and pornographic emails. “This is a very sad day for Miami Beach,” Mayor Levine concluded, after Rundle explained that the officers are involved in 540 cases, with about 30% of them involving black defendants.