29 July, 2015 by The TZ Newswire Staff Comments Off on Fed says labor market improves as it moves toward rate rise
Fed says labor market improves as it moves toward rate rise
Federal Reserve policy makers said the labor market and housing have improved, moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff.
29 July, 2015 by The TZ Newswire Staff Comments Off on Facebook, LinkedIn reports come amid a quarter of big stock moves
Facebook, LinkedIn reports come amid a quarter of big stock moves
It’s been a quarter of huge stock market moves for tech stocks. Will Facebook and LinkedIn continue the trend?
29 July, 2015 by The TZ Newswire Staff Comments Off on EURUSD blows through 1.1000
EURUSD blows through 1.1000
Probably the most susceptible currency to any remotely hawkish thoughts, we smoke 1.10
We’ve hit 1.0967 as the buck sees mild strength across the board. Support I pointed out before the announcement has held so let’s see whether we manage to stay above or if the move have further to go
29 July, 2015 by The TZ Newswire Staff Comments Off on Shake Shack’s stock soars as post-IPO lockups expire
Shake Shack’s stock soars as post-IPO lockups expire
Shake Shack stock was headed for its best day since it went public, surprising those expecting the expiration of post-IPO lockup agreements would lead to a selloff.
29 July, 2015 by The TZ Newswire Staff Comments Off on Rex Nutting: Fed will raise rates in September
Rex Nutting: Fed will raise rates in September
The Federal Reserve will likely raise interest rates in September after it acknowledged that its two main preconditions for a rate hike have been met, writes Rex Nutting.
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29 July, 2015 by The TZ Newswire Staff Comments Off on Why Shares of Level 3 Communications Inc. Slumped Today
Why Shares of Level 3 Communications Inc. Slumped Today
Mixed results sent the stock falling, with a big refinancing charge pushing the company into the red.
29 July, 2015 by The TZ Newswire Staff Comments Off on Why Shares of Global Cash Access Holdings Dropped 16%
Why Shares of Global Cash Access Holdings Dropped 16%
The gaming and payments company is taking a hit as Wall Street digests lower expectations for the second half of 2015.