4 June, 2015 by The TZ Newswire Staff Comments Off on Wall Street slides in tumultuous action
Wall Street slides in tumultuous action
U.S. stocks closed lower as recent volatility in bonds and lack of resolution on Greece kept investors on edge ahead of Friday’s employment report.
4 June, 2015 by The TZ Newswire Staff Comments Off on GE mulls moving HQ after Connecticut tax changes
GE mulls moving HQ after Connecticut tax changes
GE CEO Jeff Immelt told employees that he had assembled a committee to look into more “pro-business” locations.
4 June, 2015 by The TZ Newswire Staff Comments Off on New test can find every virus you ever caught
New test can find every virus you ever caught
A new blood test can find just about every virus you ever caught—in a single drop of blood, NBC News reports.
4 June, 2015 by The TZ Newswire Staff Comments Off on Bio-Reference Roars On Buyout; Cavium Gets Upgrade
Bio-Reference Roars On Buyout; Cavium Gets Upgrade
Bio-Reference Laboratories (BRLI) spiked 42% out of the starting gate Thursday, then settled to a 20% gain — up 6.64 to 39.60. Miami-based Opko Health (OPK) agreed to buy the gene-sequencing diagnostics firm for $1.5 billion. The thinly traded Bio-Reference had been struggling to move decisively past a 33.39 cup-with-handle buy point since January. It then built a flat base with a 36.85 buy point.
4 June, 2015 by The TZ Newswire Staff Comments Off on Should You Seek Target Date Funds With Big Dividends?
Should You Seek Target Date Funds With Big Dividends?
That checklist of things to look for when you’re shopping for a target-date fund just got a little longer. In addition to such questions as how aggressively a particular TD mutual fund invests and whether the fund’s asset mix freezes at its target date or continues to change afterward, add this: Does the fund have hefty weightings in dividend-paying stocks. Why?
4 June, 2015 by The TZ Newswire Staff Comments Off on Gigamon Turning Itself Around After Deep Slump
Gigamon Turning Itself Around After Deep Slump
Shares of Gigamon (GIMO) have more than tripled since bottoming in October. Yet the stock is still not back from a 73% plunge last year. While that severe decline makes the stock unattractive to chart readers, a buy area did develop last month. The stock formed a three-weeks-tight pattern in late April and early May. Shares are above the 30.67 buy point and still not far from it.
4 June, 2015 by The TZ Newswire Staff Comments Off on Hong Kong More Volatile After Link With Mainland
Hong Kong More Volatile After Link With Mainland
The manic trading that makes China the world’s most volatile stock market is seeping into Hong Kong. Swings in the 10 Hong Kong shares most traded by mainland investors over the city’s exchange link more than tripled in April, increasing at almost twice the rate as the benchmark Hang Seng Index.