15 May, 2015 by The TZ Newswire Staff Comments Off on Yum may be happy to serve activist investors
Yum may be happy to serve activist investors
JPMorgan upgraded Yum Brands to “overweight,” citing a greater “probability” of spinning off the China business.
15 May, 2015 by The TZ Newswire Staff Comments Off on Signature Loans: Pros and Cons
Signature Loans: Pros and Cons
Does a signature loan make sense for you?
15 May, 2015 by The TZ Newswire Staff Comments Off on "The People" Vs. Piketty
"The People" Vs. Piketty
Submitted by Erico Matias Tavares via Sinclair & Co.,
Thomas Piketty is getting a lot of attention these days. The French economist has seen the recognition for his lifelong work on the study of inequality skyrocket after publishing “Capital in the Twenty-First Century” in August 2013. The book is a best-seller, which is quite an achievement for anything with 696 pages on economics (even if by some accounts the majority of readers don’t make it much beyond page 12).
15 May, 2015 by The TZ Newswire Staff Comments Off on Is Southern Copper Corp Financing Growth at Investors’ Expense?
Is Southern Copper Corp Financing Growth at Investors’ Expense?
Southern Copper is spending big to expand production even though copper prices are low, but it’s taking a toll on its finances.
15 May, 2015 by The TZ Newswire Staff Comments Off on Boston Marathon Bomber Tsarnaev Penalty Decision – Live Feed
Boston Marathon Bomber Tsarnaev Penalty Decision – Live Feed
Just over 2 years after the devastating explosions that killed and maimed many during The Boston Marathon, Dzhokhar Tsarnaev is about to face his penalty. The jury of seven women and five men convicted Mr. Tsarnaev, 21, last month of all 30 charges against him, including 17 counts that carry the death penalty. After 14.5 hours of deliberation, the jury will announce at 3pmET whether he will face death or life in prison.
15 May, 2015 by The TZ Newswire Staff Comments Off on Housing by the numbers: Something is weird
Housing by the numbers: Something is weird
Homes are selling at a faster clip this spring. But when you look at the slew of data, something still isn’t quite right in housing.
15 May, 2015 by The TZ Newswire Staff Comments Off on Yum China spinoff becoming more probable: J.P. Morgan
Yum China spinoff becoming more probable: J.P. Morgan
Yum, owner of the KFC and Pizza Hut brands, gets about a third of its operating income and half of its revenue from China, where it is the biggest Western fast-food chain. Hedge fund Corvex Management, which has been urging Yum to spin off its China operations, has said the business could be worth more than Yum’s share price suggests. “In terms of the activist case, we feel the most likely scenario is that Yum does a tax-free spinoff of its China business, pursuing a joint U.S. and Hong Kong listing,” he wrote.