23 July, 2015 by The TZ Newswire Staff Comments Off on Energetic move for XLE!
Energetic move for XLE!
On the Relative Rotation Graph holding the 10 SPDR sector ETFs comparing them to the S&P 500 index there is one sector standing out …. big time that is!! I am talking about XLE here, the Energy select sector SPDR.
23 July, 2015 by The TZ Newswire Staff Comments Off on Commodities slump: Is there trouble ahead for the global economy?
Commodities slump: Is there trouble ahead for the global economy?
China’s slowdown and a stronger dollar are widely blamed for the weakness in industrial commodities and energy prices.
23 July, 2015 by The TZ Newswire Staff Comments Off on Greek store closures spike as recession, austerity return
Greek store closures spike as recession, austerity return
Giorgos Prasinoudis ran his motocycle repair shop in Athens for three decades, through good times and bad. Now a “For Sale” sign hangs outside the window. Empty storefronts are again a feature …
23 July, 2015 by The TZ Newswire Staff Comments Off on As Drug Prices Soar, Doctors Voice Outrage
As Drug Prices Soar, Doctors Voice Outrage
In 2014, virtually every new cancer-treatment drug approved by the Food and Drug Administration was priced at more than $120,000 a year, according to a new study. A commentary by more than 100 cancer specialists published Thursday by the journal Mayo Clinic Proceedings voiced outrage over soaring cancer drug prices and renewed a call for tough new federal regulations to rein in prices. Specific proposals include changing federal law to permit Medicare officials to negotiate with pharmaceutical companies for lower prices and permitting the import of cheaper drugs from Canada.
23 July, 2015 by The TZ Newswire Staff Comments Off on Japan’s Nikkei lands Financial Times in $1.3 billion deal
Japan’s Nikkei lands Financial Times in $1.3 billion deal
Japanese media company Nikkei Inc. is buying the Financial Times as part of an 844 million-pound ($1.3 billion) deal with Britain’s Pearson PLC. The deal announced Thursday is part of Nikkei’s strategy …
23 July, 2015 by The TZ Newswire Staff Comments Off on Why Shares of Cabela’s Inc. Slumped 11% on Thursday
Why Shares of Cabela’s Inc. Slumped 11% on Thursday
The specialty retailer missed analyst estimates, suffering from falling comparable-store sales and rising costs.
23 July, 2015 by The TZ Newswire Staff Comments Off on The Tell: As gold falters, big-bank stocks are mounting a rally
The Tell: As gold falters, big-bank stocks are mounting a rally
Big bank stocks have been trailing the S&P 500 index for the past five years but their relatively cheap valuations and the promise of a Federal Reserve interest rate this year is building momentum within the sector.
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