10 July, 2015 by The TZ Newswire Staff Comments Off on Blackhawk Trades Tightly After Clearing Entry
Blackhawk Trades Tightly After Clearing Entry
Blackhawk Network (HAWK) has been trading tightly since breaking out last month. The constructive price action could result in a secondary entry for the finance-sector leader. The Pleasanton, Calif.-based operation sees most of its revenue from prepaid gift cards sold in special displays at more than 200,000 stores — primarily large grocery chains. Blackhawk was spun off from grocery chain Safeway in April 2013.
10 July, 2015 by The TZ Newswire Staff Comments Off on U.S. stocks rally on optimism that Greek debt deal will be done
U.S. stocks rally on optimism that Greek debt deal will be done
U.S. stocks jumped on speculation that Greece will be able to forge a deal with creditors this weekend to secure its future in the euro.
10 July, 2015 by The TZ Newswire Staff Comments Off on Ellen Pao resigns as Reddit interim CEO after user revolt
Ellen Pao resigns as Reddit interim CEO after user revolt
Ellen Pao resigned as interim chief executive officer of Reddit Inc. after a user revolt at the online forum, the company announced. Steve Huffman, a Reddit co-founder, is taking over as CEO, the San Francisco-based …
10 July, 2015 by The TZ Newswire Staff Comments Off on Ellen Pao is out as CEO of Reddit
Ellen Pao is out as CEO of Reddit
Reddit, one of the most highly trafficked websites in the world, is replacing its chief executive, Ellen Pao, ending an eight-month tenure that was enmeshed in controversy.
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10 July, 2015 by The TZ Newswire Staff Comments Off on Traders could stay close to home in week ahead
Traders could stay close to home in week ahead
The stock market could turn back to domestic matters in the coming week, and some strategists say it may like what it sees.
10 July, 2015 by The TZ Newswire Staff Comments Off on Pao out as Reddit CEO: Co-founder Huffman returns
Pao out as Reddit CEO: Co-founder Huffman returns
Ellen Pao is stepping down as Reddit CEO, and Steve Huffman, Reddit co-founder and its original CEO, is taking over immediately.
10 July, 2015 by The TZ Newswire Staff Comments Off on Crude Suffers Its Worst Week In Four Months
Crude Suffers Its Worst Week In Four Months
Oil capped its steepest weekly loss since March as the International Energy Agency forecast prices will need to fall further to curb excess supplies. The world remains “massively oversupplied” before markets tighten in 2016 when output growth outside OPEC grinds to a halt, the IEA said in a monthly report Friday. Crude has given up this year’s gains following China’s equities rout and the turmoil in Greece.