30 June, 2015 by The TZ Newswire Staff Comments Off on Greece misses $1.7 billion IMF loan repayment as crisis intensifies
Greece misses $1.7 billion IMF loan repayment as crisis intensifies
Greece late Tuesday officially missed a roughly $1.7 billion loan repayment due to the International Monetary Fund — a first for an advanced economy.
30 June, 2015 by The TZ Newswire Staff Comments Off on Nike Chairman Phil Knight to step down in 2016
Nike Chairman Phil Knight to step down in 2016
(Reuters) – Nike Inc (NKE.N), the world’s largest sports shoe company, said Chairman and co-founder Phil Knight would step down next year. Knight recommended that Chief Executive Mark Parker succeeds him …
30 June, 2015 by The TZ Newswire Staff Comments Off on Mickelson is gambling client in laundering case: Sources
Mickelson is gambling client in laundering case: Sources
Golfer Phil Mickelson is the “unnamed gambling client” mentioned in a plea agreement taken by another man charged in a money laundering case, sources said.
30 June, 2015 by The TZ Newswire Staff Comments Off on What’s Driving Top Growth Mutual Funds’ Performance?
What’s Driving Top Growth Mutual Funds’ Performance?
Core funds, which invest in both growth and value stocks, have an edge over growth-focused funds in their 10-year performance, but growth funds have been catching up since 2013. Value funds have lagged well behind. Here’s how it played out: A $10,000 investment in the average growth mutual fund on March 31, 2005, would have more than doubled to $24,333 by June 29 this year, according to Morningstar Inc.
30 June, 2015 by The TZ Newswire Staff Comments Off on Churn and Digest – $SPX and Technology Sector Move Intermediate-Term Neutral
Churn and Digest – $SPX and Technology Sector Move Intermediate-Term Neutral
The market churned and digested the decline. The question is will it resume to a correction or bounce and reach for new highs? Read on… We had three Intermediate-Term Trend Model Neutral signals appear on the DP Market/Sector Summary Report on both the Technology ETF (XLK) and its sister, the equal-weight Technology ETF (RYT). Both charts are very similar of course. The March lows will
30 June, 2015 by The TZ Newswire Staff Comments Off on No End In Sight For Higher-Education Malinvestment
No End In Sight For Higher-Education Malinvestment
30 June, 2015 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: China’s central bank reveals its weak hand
Craig Stephen’s This Week in China: China’s central bank reveals its weak hand
The People’s Bank of China rode to the rescue of the stock market over the weekend, and stocks reacted by diving lower.