29 June, 2015 by The TZ Newswire Staff Comments Off on Long term, China’s a place you want to be: Expert
Long term, China’s a place you want to be: Expert
John Mauldin wouldn’t trade the Chinese stock market right now, but he’s bullish on its long-term prospects. Here’s why.
29 June, 2015 by The TZ Newswire Staff Comments Off on IPO ETFs Keep Eye on Seres And Glaukos
IPO ETFs Keep Eye on Seres And Glaukos
Initial public offerings revved up in June after a slow start to the year. The ETFs holding these shiny new stocks are beating the broad market year to date. The average first-day IPO pop is 15% this year, up from 13% in 2014 — a blockbuster year for IPOs, according to Renaissance Capital, manager of Renaissance IPO (IPO). This exchange traded fund is up 4.7% year to date. By comparison, SDPR S&P 500 (SPY) has gained 0.2%.
29 June, 2015 by The TZ Newswire Staff Comments Off on What To Look For When General Mills Reports Wednesday
What To Look For When General Mills Reports Wednesday
General Mills (GIS) is set to report fiscal Q4 and full-year 2015 results Wednesday morning before the open. Analysts are looking for per-share earnings to climb 6%, for a second straight quarter of growth. Sales are expected to climb 6% to $4.53 billion, which would snap a six quarter streak of modest sales declines. In the prior quarter, earnings climbed 13% on a 1% drop in sales.
29 June, 2015 by The TZ Newswire Staff Comments Off on PR gov: Goal is to postpone debt payments for ‘years’
PR gov: Goal is to postpone debt payments for ‘years’
Puerto Rico’s governor called on the U.S. government to extend the island’s Chapter 9 bankruptcy code as it struggles to pay its debt obligations.
29 June, 2015 by The TZ Newswire Staff Comments Off on Movers & Shakers: Microsoft, Apollo Education, ConAgra in spotlight
Movers & Shakers: Microsoft, Apollo Education, ConAgra in spotlight
Among the shares expected to see active trade in Tuesday’s session are those of Microsoft, Apollo Education and ConAgra.
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29 June, 2015 by The TZ Newswire Staff Comments Off on Commodities Corner: EPA ruling may be a ‘big plus’ for natural gas
Commodities Corner: EPA ruling may be a ‘big plus’ for natural gas
Here’s why natural-gas prices climbed in the wake of a U.S.
29 June, 2015 by The TZ Newswire Staff Comments Off on 10-Year Yield Drops Sharply On Fears Over Greece Mess
10-Year Yield Drops Sharply On Fears Over Greece Mess
Treasuries rose, pushing yields down by the most since October, as concern Greece may exit the euro and trigger contagion across the region fueled demand for the safest fixed-income securities. Benchmark Treasury 10-year yields plunged as the impasse in Europe dashed optimism that Greece would reach an agreement with its creditors. After improving U.S.