18 June, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: EU calls emergency summit on Greece
The Wall Street Journal: EU calls emergency summit on Greece
Greece and its eurozone creditors prove unable to reach a debt deal Thursday.
18 June, 2015 by The TZ Newswire Staff Comments Off on Martha Stewart Living jumps 23% on talk of takeover
Martha Stewart Living jumps 23% on talk of takeover
Martha Stewart Living shares surged amid reports that the company was the target of a potential takeover, Dow Jones reported.
18 June, 2015 by The TZ Newswire Staff Comments Off on Fitbit Keeps Up Pace As Stocks Remain Near Session Highs
Fitbit Keeps Up Pace As Stocks Remain Near Session Highs
Stocks held near session highs in afternoon trading, fueled by fresh breakouts, big gains and positive jobless claims data. The Nasdaq rallied 1.2% after easing from a record intraday high, the Dow Jones industrial average rose 1% and the S&P 500 was up 0.9%. Volume was tracking higher across the board compared with this time Wednesday.
18 June, 2015 by The TZ Newswire Staff Comments Off on Oil up nearly 1% on reports of new US crude draws
Oil up nearly 1% on reports of new US crude draws
Oil prices rose for a third straight day on Thursday, helped by a weaker dollar and data showing draws at a crucial crude delivery point.
18 June, 2015 by The TZ Newswire Staff Comments Off on Nasdaq breaks record-high set during dotcom boom
Nasdaq breaks record-high set during dotcom boom
The Nasdaq Composite index surpassed the 15-year all-time high it set during the peak of the dotcom bubble on Thursday as more data showed the U.S. economy was gathering steam.
18 June, 2015 by The TZ Newswire Staff Comments Off on Fitbit jumps in trading debut after larger than expected IPO
Fitbit jumps in trading debut after larger than expected IPO
Fitbit Inc. surged in its trading debut, after heavy demand for the company’s initial public offering led it to boost the size of the deal. The San Francisco-based company’s appeal lies in its strong position in the fast growing market for wearable technology, in this case fitness trackers that can monitor everything from heart rate to sleep patterns. Fitbit is profitable — making it a standout among recent technology IPOs — with sales that nearly tripled last year.
18 June, 2015 by The TZ Newswire Staff Comments Off on EU diplomats deny reports of Greek extension
EU diplomats deny reports of Greek extension
German media reported Thursday that creditors had offered Greece an extension, and markets rose on the news.