25 June, 2015 by The TZ Newswire Staff Comments Off on Managed Care Stocks Flex Muscles After Court Ruling
Managed Care Stocks Flex Muscles After Court Ruling
The Supreme Court’s ObamaCare ruling Thursday morning gave a lift to managed care stocks, which had already been acting well. Four companies in the industry group have EPS Ratings and Relative Strength Price Ratings of 85 or better, qualifying them for the Weekly Review list, published each Friday in IBD. The industry group is ranked No. 8 out of 197 groups tracked by IBD.
25 June, 2015 by The TZ Newswire Staff Comments Off on Eurozone, UK Bank Stocks Base Ahead Of Greek Finale
Eurozone, UK Bank Stocks Base Ahead Of Greek Finale
U.S. bank stocks have gained recently, at least partly on expectations that the Federal Reserve is preparing its first interest rate increase in nearly a decade. Maybe more interesting are the gains and increased earnings estimates among many global banks, particularly among European banks highly exposed to risk from a debt default by Greece.
25 June, 2015 by The TZ Newswire Staff Comments Off on Baxter Shares Bid Up Ahead Of Spinoff
Baxter Shares Bid Up Ahead Of Spinoff
Baxter International (BAX) has been on a tear, going into its third straight week with a solid advance and good volume on news that it will finally split itself in two. The company announced a year ago that it would spin off its bioscience division, but the board of directors approved the move only on June 5. On June 9 after the close, the company announced SEC approval. It touched off the rally the next day.
25 June, 2015 by The TZ Newswire Staff Comments Off on Can China ETFs Continue Their Ascent?
Can China ETFs Continue Their Ascent?
China ETFs’ recent gyrations are enough to give one whiplash. Many have behaved like the Shanghai Composite Index recently. After soaring 152% over the previous 12 months — 60% this year alone — to a seven-year high on June 12, the benchmark for mainland China’s stock market hit a significant speed bump. Last week the index stumbled 13% into a much-anticipated correction.
25 June, 2015 by The TZ Newswire Staff Comments Off on Write-Offs: 6.25.15
Write-Offs: 6.25.15
Hollande sees Greek deal (Merkel does not); Match.com to IPO; The rise of the compliance guy; “Trashed golfer gets head stuck in garbage can”; and more.
25 June, 2015 by The TZ Newswire Staff Comments Off on Apple pulls Civil War games from App Store
Apple pulls Civil War games from App Store
Following the lead set by retailers, Apple has removed Civil War games from its App Store, MacRumors reports.
25 June, 2015 by The TZ Newswire Staff Comments Off on Consumer Spending Data Trump Greek Stalemate
Consumer Spending Data Trump Greek Stalemate
Treasuries fell for the third time in four days as reports showing the U.S. economy gaining momentum outweighed a lack of progress in Greece’s debt negotiations. Consumer spending rose in May by the most in almost six years as the Federal Reserve looks for signs the economy is healthy enough to raise interest rates. Treasury investors are caught balancing U.S.