28 May, 2015 by The TZ Newswire Staff Comments Off on 3 Stocks to Watch in Servers
3 Stocks to Watch in Servers
With the server market going through some major changes, there are three companies investors should keep an eye on.
28 May, 2015 by The TZ Newswire Staff Comments Off on Stocks Fall Modestly In Mixed Trade; Epam Systems Clears Base
Stocks Fall Modestly In Mixed Trade; Epam Systems Clears Base
Stocks showed tame losses about two hours into Thursday’s session, one day after the Nasdaq marked a fresh 52-week closing high. The Nasdaq and S&P 500 fell 0.2% while the Dow Jones industrial average gave up 0.3%. Nasdaq volume was tracking higher than Wednesday’s levels. NYSE volume fell a bit.
28 May, 2015 by The TZ Newswire Staff Comments Off on Could China’s Stock Market Be Healthier Than the Dow?
Could China’s Stock Market Be Healthier Than the Dow?
Despite concerns about a bubble, stocks in China are at least following a more common pattern of behavior.
28 May, 2015 by The TZ Newswire Staff Comments Off on U.S. jobless claims up, but still point to labor market strength
U.S. jobless claims up, but still point to labor market strength
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but remained at levels consistent with a strengthening labor market. Initial claims for state unemployment benefits rose 7,000 to a seasonally adjusted 282,000 for the week ended May 23, the Labor Department said on Thursday.
28 May, 2015 by The TZ Newswire Staff Comments Off on Stock pickers struggle to tune out global market noise
Stock pickers struggle to tune out global market noise
When push comes to shove it’s the macro that pushes and the micro that gets shoved aside.
28 May, 2015 by The TZ Newswire Staff Comments Off on China markets plunge in record turnover as margin traders take fright
China markets plunge in record turnover as margin traders take fright
China’s stock markets plunged on Thursday, with indexes dropping over 6 percent in record high turnover as investors rushed to sell after more brokers tightened margin trading requirements for clients and the central bank drained money market liquidity. The CSI300 index and the Shanghai Composite Index both slumped in late afternoon trade, ending down 6.7 percent and 6.5 percent, respectively, their worst day since January 19 when markets fell over 7 percent on an earlier crackdown on margin trading.
28 May, 2015 by The TZ Newswire Staff Comments Off on Avago to buy Broadcom for $37 billion in biggest chip deal
Avago to buy Broadcom for $37 billion in biggest chip deal
Avago Technologies Ltd., a Singapore-based maker of semiconductors, agreed to buy Broadcom Corp. for $37 billion in the biggest technology acquisition ever. The offer values Broadcom at $54.50 a share in cash, compared with a closing price of $57.16 on Wednesday, when the stock rose the most since 2001 after reports that a deal was imminent. The offer price is a 16 percent premium to where Broadcom’s shares closed Tuesday.