21 July, 2015 by The TZ Newswire Staff Comments Off on Market Extra: Goldman cheers European stocks as risks from Greece fade
Market Extra: Goldman cheers European stocks as risks from Greece fade
Goldman boosts its three-month view on European stocks to overweight, but the move comes at the expense of U.S.
21 July, 2015 by The TZ Newswire Staff Comments Off on Clooney to tackle Africa profiteers in latest role
Clooney to tackle Africa profiteers in latest role
Actor and human rights activist is launching an initiative that aims to name and shame those who profit from conflicts in Africa.
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21 July, 2015 by The TZ Newswire Staff Comments Off on Why Is Lexmark International Inc. Stock Jammed Today?
Why Is Lexmark International Inc. Stock Jammed Today?
Investors ignored a strong second quarter to focus on weakness in the third period. But has Lexmark’s long-term story really changed?
21 July, 2015 by The TZ Newswire Staff Comments Off on Dow falls 200 points to below 18K as IBM, UTX extend losses
Dow falls 200 points to below 18K as IBM, UTX extend losses
U.S. stocks traded mostly lower as investors weighed some lackluster earnings reports in Dow components.
21 July, 2015 by The TZ Newswire Staff Comments Off on What the market expects from Apple and Amazon
What the market expects from Apple and Amazon
Apple and Amazon report earnings this week. Estimize’s Kieren Dwyer explains what investors are looking for when they report.
21 July, 2015 by The TZ Newswire Staff Comments Off on UBS expects Tesla’s car and battery sales growth to disappoint
UBS expects Tesla’s car and battery sales growth to disappoint
Tesla’s shares fell over 4 percent in premarket trading after UBS analyst Colin Langan cut his rating to “sell” from “neutral”, saying he expects the company’s car sales and home battery sales growth to disappoint. Tesla unveiled Tesla Energy, batteries for use in homes and offices, on May 1 and is estimated to have got more than $800 million worth of orders in the first five days.
21 July, 2015 by The TZ Newswire Staff Comments Off on Gold teeters near five-year low after "bear raid", more losses expected
Gold teeters near five-year low after "bear raid", more losses expected
Gold was on the brink of five-year lows on Tuesday, with more losses expected in the coming months following Monday’s “bear raid” when sellers dumped an estimated 33 tonnes in just two minutes. Within a further minute, the deals had been completed, sending the most-active U.S. gold futures contract down $48 to as low as $1,080.00 per ounce, its weakest since February 2010. Spot gold stood at $1,104.50 per ounce at 1348 GMT on Tuesday, with another 29 tonnes worth about $1.02 billion changing hands on the Shanghai exchange during the day.