29 July, 2015 by The TZ Newswire Staff Comments Off on Anthem Earnings Have Never Looked Healthier
Anthem Earnings Have Never Looked Healthier
Healthcare reform efforts have been a huge contributor to the health insurance company’s success.
29 July, 2015 by The TZ Newswire Staff Comments Off on Dorman Products Misses Estimates on Weak Sales Growth
Dorman Products Misses Estimates on Weak Sales Growth
Sales and earnings both fell short of Wall Street estimates as a dearth of new products and a key customer’s inventory cuts continued to weigh the company down.
29 July, 2015 by The TZ Newswire Staff Comments Off on China stocks up 4% as focus switches to the Fed
China stocks up 4% as focus switches to the Fed
Chinese investors recover their poise as we gear up for another bumper day of earnings and the Federal Reserve monetary policy meeting.
29 July, 2015 by The TZ Newswire Staff Comments Off on Fed is likely to delay 1st rate hike in 9 years a bit longer
Fed is likely to delay 1st rate hike in 9 years a bit longer
The Federal Reserve is moving toward raising interest rates from record lows — just not likely yet. On Wednesday, when it ends its latest policy meeting, Fed officials will issue a statement that will …
29 July, 2015 by The TZ Newswire Staff Comments Off on GM to invest $1 billion in India, plans to double market share by 2020
GM to invest $1 billion in India, plans to double market share by 2020
General Motors Co will invest $1 billion in the next few years to turn operations in India into a new global export hub aimed at boosting sales in fast-growing emerging markets, top executives said on Wednesday. The investment is part of GM’s plan to invest $5 billion over several years to develop a global family of Chevrolet vehicles with Shanghai Automotive Industry Corp (SAIC), the state-owned Chinese automaker that is GM’s primary partner in China.
29 July, 2015 by The TZ Newswire Staff Comments Off on Alibaba cloud unit sets sights on Amazon in $1 billion global push
Alibaba cloud unit sets sights on Amazon in $1 billion global push
China’s Alibaba Group Holding Ltd said on Wednesday it would invest $1 billion into its Aliyun cloud computing arm to challenge Amazon.com Inc’s lucrative Web Services division, opening a global front in the battle between the two e-commerce giants. With the global cloud computing market estimated by analysts to be worth about $20 billion, Alibaba said in a statement the investment would go toward setting up new Aliyun data centres in the Middle East, Singapore, Japan and Europe.
29 July, 2015 by The TZ Newswire Staff Comments Off on Nissan’s quarterly profit up on cheap yen, US sales growth
Nissan’s quarterly profit up on cheap yen, US sales growth
Nissan’s April-June profit jumped 36 percent as the Japanese automaker benefited from a cheap yen and better sales in the U.S. and Europe. Nissan Motor Co., which makes the March subcompact, Leaf electric …